Pay vs Place

Leeds vs Thanet: buying or renting a home

A typical terraced house costs £62,500 (31%) more in Thanet than in Leeds. Measured against local pay, buying is harder in Thanet: it takes 7.4× median annual pay, against 5.5× in Leeds.

Leeds, terraced
£202,500
Income typically needed: £40,500
Median full-time pay: £36,716
Thanet, terraced
£265,000
Income typically needed: £53,000
Median full-time pay: £35,775

At a glance

Leeds Thanet
Buying a home Fairly affordable Expensive
Renting a home Expensive Expensive
Recorded crime Above average Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Thanet (£35,775) is 3% lower than in Leeds (£36,716), while a typical terraced house costs 31% more (£265,000 against £202,500). Set against local pay, Leeds is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 5.5× annual pay in Leeds and 7.4× in Thanet. Renting one takes 38% of pay in Leeds and 39% in Thanet. Buying is harder in Thanet; renting is about the same.

Across all property types and measured against pay, Leeds is the 114th least expensive of 316 areas to buy in, and Thanet is around the middle of 316 areas (134th most expensive). For renting against pay, Leeds is the 106th most expensive of 316 areas and Thanet is the 105th most expensive of 316 areas.

Someone on £40,000 in Leeds would need about £52,500 in Thanet to be equally placed to buy a terraced house, and about £40,000 to be equally placed to rent one. Keeping the same pay after a move to Thanet would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 114.6 crimes per 1,000 residents in Leeds and 103.4 in Thanet, so recorded crime per resident is 10% lower in Thanet. The biggest difference is in residential burglary: 13.0 per 1,000 in Leeds against 3.9 in Thanet.

Can a typical earner buy?

Terraced house Leeds Thanet
Median full-time pay £36,716 £35,775
House price ÷ pay 5.5× 7.4×
Median pay as a share of income typically needed to buy 91% 68%
Rent a year as a share of median pay 38% 39%

Buying, by property type

Type Leeds Thanet Difference
Detached £430,000 £438,000 +2% in Thanet
Semi-detached £262,000 £308,500 +18% in Thanet
Terraced £202,500 £265,000 +31% in Thanet
Flat £150,000 £170,000 +13% in Thanet

Renting, by property type

Type (average rent a month) Leeds Thanet Difference
Detached £1,507 £1,467 -3% in Thanet
Semi-detached £1,226 £1,278 +4% in Thanet
Terraced £1,157 £1,162 +0% in Thanet
Flat £905 £908 +0% in Thanet

Crime

Police recorded 114.6 crimes per 1,000 residents in Leeds and 103.4 in Thanet, so recorded crime per resident is 10% lower in Thanet.

Police recorded crime per 1,000 residents Leeds Thanet Difference
All recorded crime (excluding fraud) 114.6 103.4 -10% in Thanet
Violence against the person 44.9 48.0 +7% in Thanet
Sexual offences 4.4 4.4 0% in Thanet
Robbery 2.2 1.1 -51% in Thanet
Residential burglary (per 1,000 households) 13.0 3.9 -70% in Thanet
Vehicle offences 7.0 3.7 -46% in Thanet
Theft from the person 1.3 0.6 -57% in Thanet
Criminal damage and arson 8.5 10.5 +24% in Thanet

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Leeds: 181Thanet: 189
House prices in Leeds and Thanet since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Leeds now 181, Thanet now 189.5010015020025020052010201520202025House prices in Leeds and Thanet since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Leeds now 181, Thanet now 189.5010015020025020102020
Show the figures
YearLeedsThanet
2005100100
2006107105
2007114114
2008110112
20099896
2010103101
201110198
20129997
2013100100
2014106111
2015111120
2016119136
2017125149
2018130159
2019134159
2020139162
2021151180
2022165203
2023168201
2024171190
2025177190
12 months to July 2026181189

In 2005 the average home cost £135,425 in Leeds and £142,506 in Thanet. Now it is £244,464 and £268,789: Leeds is up 81% and Thanet is up 89%. Prices have risen faster in Thanet, so the gap between the two has widened.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Leeds: 6.5 years of payThanet: 7.6 years of pay
Years of median pay needed to buy the average home in Leeds and ThanetLeeds now 6.5, Thanet now 7.6 years of pay.0×2.5×5×7.5×10×20052010201520202025Years of median pay needed to buy the average home in Leeds and ThanetLeeds now 6.5, Thanet now 7.6 years of pay.0×2.5×5×7.5×10×20052010201520202025
Show the figures
YearLeedsThanet
20056.1 years of pay7.1 years of pay
20105.7 years of pay6.8 years of pay
20155.7 years of pay7.5 years of pay
20206.2 years of pay8.6 years of pay
20256.5 years of pay7.6 years of pay

In 2005 a home cost 6.1 years of pay in Leeds and 7.1 years in Thanet. In 2025 it was 6.5 years and 7.6 years.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Leeds: 151Thanet: 179
Rents in Leeds and Thanet since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Leeds now 151, Thanet now 179.75100125150175200201620182020202220242026Rents in Leeds and Thanet since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Leeds now 151, Thanet now 179.75100125150175200201520202025
Show the figures
YearLeedsThanet
2015100100
201698106
2017102115
2018104118
2019107122
2020112125
2021114129
2022125138
2023136146
2024145159
2025146170
August 2026151179

In 2015 the average rent was £758 a month in Leeds and £626 in Thanet. Now it is £1,145 and £1,118: up 51% in Leeds and up 79% in Thanet. Rents have risen faster in Thanet.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Leeds to Thanet

Earning in Leeds Equivalent to buy in Thanet Equivalent to rent in Thanet
£30,000 £39,500 £30,000
£40,000 £52,500 £40,000
£50,000 £65,500 £50,000
£60,000 £78,500 £60,500

Moving from Thanet to Leeds

Earning in Thanet Equivalent to buy in Leeds Equivalent to rent in Leeds
£30,000 £23,000 £30,000
£40,000 £30,500 £40,000
£50,000 £38,000 £50,000
£60,000 £46,000 £59,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job. The pay estimate for Thanet is less reliable than most.

All Leeds figures · All Thanet figures