Weekender: Hull named as one of cheapest cities to work and rent

The extent of the North/South divide when it comes to wages and rental prices in the UK has been put under the spotlight in latest research.

Findings from job board CV Library reveals that Londoners pay a staggering 37.1% of their monthly salary on living costs, versus those in Hull who spend just 11.6%.

The findings compared average asking rents across the UK, with monthly take home pay.

It found that despite London offering some of the highest salaries in the UK, workers in the capital and Brighton are far worse off than those living in the likes of Hull, Liverpool, Sheffield and Newcastle, where lower asking rents leave workers with higher disposable income.

Meanwhile Aberdeen is offering the highest monthly take home pay, and coupled with low living costs, the city is emerging as cost-effective place to live in comparison to London, Brighton and Edinburgh.

Lee Biggins, founder and managing director of CV-Library, said: “Despite the government’s efforts to eliminate the North/South divide, it’s clear that living costs and wages aren’t quite following suit. Generation ‘rent’ is well and truly in full swing, and while some cities offer manageable living costs and generous pay packets, others could be pushing workers to breaking point.”