The cost of owning a home entails so much more than mortgage payments and the initial deposit. When you take into account the cost of other factors such as council tax and energy bills, things can really start to add up. But where in the country can you expect to pay the most to own a home?
We’ve analysed council tax, home insurance and energy bills in 80 of the UK’s most populated towns and cities to create the 2020 Homeowners Index and reveal the country’s most (and least) affordable places to live.
Average council tax
We looked at the 80 most populated towns and cities in the UK, and ranked based them on the following three factors:
The average band D council tax charge in each local authority, according to individual council websites.
Sourced from comparethemarket.com’s own customer data from the date period August 2019 to April 2020 (for a handful of smaller towns, data was used for the wider local authority).
Sourced from comparethemarket.com’s own customer data from the date period August 2019 to April 2020 Average price for all customers switching to a new tariff, based on whatever fuel and payment method the customer selected, excluding tariffs that can’t be switched too. For a handful of smaller towns, data was used for the wider local authority).