Pay vs Place

Manchester vs North Devon: buying or renting a home

A typical terraced house costs £36,000 (16%) more in Manchester than in North Devon. Measured against local pay, buying is harder in Manchester: it takes 7.1× median annual pay, against 6.7× in North Devon.

Manchester, terraced
£256,000
Income typically needed: £51,000
Median full-time pay: £36,278
North Devon, terraced
£220,000
Income typically needed: £44,000
Median full-time pay: £32,682

At a glance

Manchester North Devon
Buying a home Fairly affordable Expensive
Renting a home Very expensive Fairly affordable
Recorded crime High Low

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 North Devon (£32,682) is 10% lower than in Manchester (£36,278), while a typical terraced house costs 14% less (£220,000 against £256,000). Set against local pay, North Devon is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 7.1× annual pay in Manchester and 6.7× in North Devon. Renting one takes 46% of pay in Manchester and 31% in North Devon. Renting is harder in Manchester; buying is about the same.

Across all property types and measured against pay, Manchester is around the middle of 316 areas (188th most expensive) to buy in, and North Devon is the 106th most expensive of 316 areas. For renting against pay, Manchester is the 46th most expensive of 316 areas and North Devon is around the middle of 316 areas (184th most expensive).

Someone on £40,000 in Manchester would need about £34,500 in North Devon to be equally placed to buy a terraced house, and about £24,500 to be equally placed to rent one. Keeping the same pay after a move to North Devon 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 142.7 crimes per 1,000 residents in Manchester and 55.3 in North Devon, so recorded crime per resident is 61% lower in North Devon. The biggest difference is in vehicle offences: 7.9 per 1,000 in Manchester against 1.1 in North Devon.

Can a typical earner buy?

Terraced house Manchester North Devon
Median full-time pay £36,278 £32,682
House price ÷ pay 7.1× 6.7×
Median pay as a share of income typically needed to buy 71% 74%
Rent a year as a share of median pay 46% 31%

Buying, by property type

Type Manchester North Devon Difference
Detached £400,000 £375,000 -6% in North Devon
Semi-detached £310,000 £276,000 -11% in North Devon
Terraced £256,000 £220,000 -14% in North Devon
Flat £210,000 £160,000 -24% in North Devon

Renting, by property type

Type (average rent a month) Manchester North Devon Difference
Detached £1,878 £1,124 -40% in North Devon
Semi-detached £1,496 £915 -39% in North Devon
Terraced £1,405 £857 -39% in North Devon
Flat £1,147 £667 -42% in North Devon

Crime

Police recorded 142.7 crimes per 1,000 residents in Manchester and 55.3 in North Devon, so recorded crime per resident is 61% lower in North Devon.

Police recorded crime per 1,000 residents Manchester North Devon Difference
All recorded crime (excluding fraud) 142.7 55.3 -61% in North Devon
Violence against the person 51.9 24.6 -53% in North Devon
Sexual offences 5.6 3.3 -42% in North Devon
Robbery 2.7 0.4 -85% in North Devon
Residential burglary (per 1,000 households) 9.3 2.4 -74% in North Devon
Vehicle offences 7.9 1.1 -86% in North Devon
Theft from the person 3.9 0.3 -92% in North Devon
Criminal damage and arson 10.0 5.8 -43% in North Devon

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.

Manchester: 251North Devon: 157
House prices in Manchester and North Devon since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Manchester now 251, North Devon now 157.5010015020025030020052010201520202025House prices in Manchester and North Devon since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Manchester now 251, North Devon now 157.5010015020025030020102020
Show the figures
YearManchesterNorth Devon
2005100100
2006117104
2007129111
2008125107
200911298
2010115104
2011114103
2012115103
2013115100
2014125108
2015133113
2016145116
2017158120
2018167120
2019173130
2020178132
2021209142
2022231162
2023233164
2024241156
2025247159
12 months to July 2026251157

In 2005 the average home cost £100,202 in Manchester and £181,587 in North Devon. Now it is £251,205 and £285,012: Manchester is up 151% and North Devon is up 57%. Prices have risen faster in Manchester, so the gap between the two has narrowed.

Buying a home against local pay, over time

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

Manchester: 6.8 years of payNorth Devon: 8.8 years of pay
Years of median pay needed to buy the average home in Manchester and North DevonManchester now 6.8, North Devon now 8.8 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Manchester and North DevonManchester now 6.8, North Devon now 8.8 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearManchesterNorth Devon
20054.8 years of pay11.0 years of pay
20105.0 years of pay9.5 years of pay
20155.4 years of pay9.3 years of pay
20206.3 years of pay9.7 years of pay
20256.8 years of pay8.8 years of pay

In 2005 a home cost 4.8 years of pay in Manchester and 11.0 years in North Devon. In 2025 it was 6.8 years and 8.8 years.

Affordability has worsened more in Manchester over that time.

How rents have changed in each area

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

Manchester: 174North Devon: 142
Rents in Manchester and North Devon since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Manchester now 174, North Devon now 142.100120140160180201620182020202220242026Rents in Manchester and North Devon since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Manchester now 174, North Devon now 142.100120140160180201520202025
Show the figures
YearManchesterNorth Devon
2015100100
2016101101
2017106101
2018112104
2019114106
2020117108
2021120112
2022127117
2023139124
2024156132
2025167141
August 2026174142

In 2015 the average rent was £790 a month in Manchester and £597 in North Devon. Now it is £1,373 and £846: up 74% in Manchester and up 42% in North Devon. Rents have risen faster in Manchester.

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 Manchester to North Devon

Earning in Manchester Equivalent to buy in North Devon Equivalent to rent in North Devon
£30,000 £26,000 £18,500
£40,000 £34,500 £24,500
£50,000 £43,000 £30,500
£60,000 £51,500 £36,500

Moving from North Devon to Manchester

Earning in North Devon Equivalent to buy in Manchester Equivalent to rent in Manchester
£30,000 £35,000 £49,000
£40,000 £46,500 £65,500
£50,000 £58,000 £82,000
£60,000 £70,000 £98,500
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 Manchester figures · All North Devon figures