Pay vs Place

Leeds vs Wakefield: buying or renting a home

A typical terraced house costs £47,500 (31%) more in Leeds than in Wakefield. Measured against local pay, buying is harder in Leeds: it takes 5.5× median annual pay, against 4.5× in Wakefield.

Leeds, terraced
£202,500
Income typically needed: £40,500
Median full-time pay: £36,716
Wakefield, terraced
£155,000
Income typically needed: £31,000
Median full-time pay: £34,400

At a glance

Leeds Wakefield
Buying a home Fairly affordable Fairly affordable
Renting a home Expensive Fairly affordable
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 Wakefield (£34,400) is 6% lower than in Leeds (£36,716), while a typical terraced house costs 23% less (£155,000 against £202,500). Set against local pay, Wakefield 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 4.5× in Wakefield. Renting one takes 38% of pay in Leeds and 27% in Wakefield. Both are harder in Leeds, and the gap is wider for renting.

Across all property types and measured against pay, Leeds is the 114th least expensive of 316 areas to buy in, and Wakefield is the 58th least expensive of 316 areas. For renting against pay, Leeds is the 106th most expensive of 316 areas and Wakefield is the 88th least expensive of 316 areas.

Someone on £40,000 in Leeds would need about £30,500 in Wakefield to be equally placed to buy a terraced house, and about £27,000 to be equally placed to rent one. Keeping the same pay after a move to Wakefield would leave you better 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 105.8 in Wakefield, so recorded crime per resident is 8% lower in Wakefield. The biggest difference is in residential burglary: 13.0 per 1,000 in Leeds against 7.5 in Wakefield.

Can a typical earner buy?

Terraced house Leeds Wakefield
Median full-time pay £36,716 £34,400
House price ÷ pay 5.5× 4.5×
Median pay as a share of income typically needed to buy 91% 111%
Rent a year as a share of median pay 38% 27%

Buying, by property type

Type Leeds Wakefield Difference
Detached £430,000 £335,000 -22% in Wakefield
Semi-detached £262,000 £205,000 -22% in Wakefield
Terraced £202,500 £155,000 -23% in Wakefield
Flat £150,000 £105,000 -30% in Wakefield

Renting, by property type

Type (average rent a month) Leeds Wakefield Difference
Detached £1,507 £1,105 -27% in Wakefield
Semi-detached £1,226 £868 -29% in Wakefield
Terraced £1,157 £784 -32% in Wakefield
Flat £905 £664 -27% in Wakefield

Crime

Police recorded 114.6 crimes per 1,000 residents in Leeds and 105.8 in Wakefield, so recorded crime per resident is 8% lower in Wakefield.

Police recorded crime per 1,000 residents Leeds Wakefield Difference
All recorded crime (excluding fraud) 114.6 105.8 -8% in Wakefield
Violence against the person 44.9 47.7 +6% in Wakefield
Sexual offences 4.4 4.4 +0% in Wakefield
Robbery 2.2 1.1 -48% in Wakefield
Residential burglary (per 1,000 households) 13.0 7.5 -42% in Wakefield
Vehicle offences 7.0 6.3 -9% in Wakefield
Theft from the person 1.3 0.6 -57% in Wakefield
Criminal damage and arson 8.5 8.2 -3% in Wakefield

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: 181Wakefield: 169
House prices in Leeds and Wakefield since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Leeds now 181, Wakefield now 169.7510012515017520020052010201520202025House prices in Leeds and Wakefield since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Leeds now 181, Wakefield now 169.7510012515017520020102020
Show the figures
YearLeedsWakefield
2005100100
2006107108
2007114116
2008110111
200998102
2010103102
201110198
20129997
201310097
2014106101
2015111104
2016119109
2017125114
2018130118
2019134121
2020139125
2021151141
2022165155
2023168158
2024171160
2025177165
12 months to July 2026181169

In 2005 the average home cost £135,425 in Leeds and £116,811 in Wakefield. Now it is £244,464 and £197,147: Leeds is up 81% and Wakefield is up 69%. Prices have risen faster in Leeds, 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 payWakefield: 5.6 years of pay
Years of median pay needed to buy the average home in Leeds and WakefieldLeeds now 6.5, Wakefield now 5.6 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Leeds and WakefieldLeeds now 6.5, Wakefield now 5.6 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearLeedsWakefield
20056.1 years of pay5.7 years of pay
20105.7 years of pay5.4 years of pay
20155.7 years of pay5.2 years of pay
20206.2 years of pay5.6 years of pay
20256.5 years of pay5.6 years of pay

In 2005 a home cost 6.1 years of pay in Leeds and 5.7 years in Wakefield. In 2025 it was 6.5 years and 5.6 years.

How rents have changed in each area

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

Leeds: 151Wakefield: 148
Rents in Leeds and Wakefield since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Leeds now 151, Wakefield now 148.80100120140160201620182020202220242026Rents in Leeds and Wakefield since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Leeds now 151, Wakefield now 148.80100120140160201520202025
Show the figures
YearLeedsWakefield
2015100100
201698101
2017102102
2018104103
2019107104
2020112108
2021114112
2022125119
2023136128
2024145136
2025146139
August 2026151148

In 2015 the average rent was £758 a month in Leeds and £546 in Wakefield. Now it is £1,145 and £806: up 51% in Leeds and up 48% in Wakefield.

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 Wakefield

Earning in Leeds Equivalent to buy in Wakefield Equivalent to rent in Wakefield
£30,000 £23,000 £20,500
£40,000 £30,500 £27,000
£50,000 £38,500 £34,000
£60,000 £46,000 £40,500

Moving from Wakefield to Leeds

Earning in Wakefield Equivalent to buy in Leeds Equivalent to rent in Leeds
£30,000 £39,000 £44,500
£40,000 £52,500 £59,000
£50,000 £65,500 £74,000
£60,000 £78,500 £88,500
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.

All Leeds figures · All Wakefield figures