-3 C
Lancashire
Wednesday, January 8, 2025

Preston has the 6th lowest average annual salary in the UK, according to study

A new study has revealed the top 10 UK cities with the lowest average annual salaries and Preston features in 6th place with an average salary of £24,416, but how does this total compare to the rest of the country?

New research carried out by Utility Bidder has revealed the UK cities offering workers the highest and lowest salaries, as well as revealing the best places to work based on factors such as the cost of living index, and average working hours per week. 

The full research can be viewed here – https://www.utilitybidder.co.uk/compare-business-energy/uk-wages-uncovered/

Top 10 UK cities with the lowest average salaries

Rank City Median Annual Pay Gross 2022 
1 Nottingham £22,243
2 Leicester £23,175
3 Kingston upon Hull £23,350
4 Plymouth £23,433
5 Manchester £24,101
6 Preston £24,416
7 Birmingham £25,495
8 Exeter £25,553
9 Dundee £25,613
10 Norwich £25,802

The research also revealed the following:

  • Preston has been named the 17th best city in the UK to work in after receiving a salary score of 5 out of 10.
  • Nottingham has been named the UK city with the lowest annual salary, averaging £22,243. This total is over £15,000 less than Guildford which has the highest average salary. 
  • Taking into consideration the cost of living index, annual pay and average working hours per week, Edinburgh has been crowned the best city to work in with a salary score of 7.86 out of 10.
  • Based on the same factors as above, Nottingham has been named the worst city to work in after being awarded a salary score of 2.62 out of 10, which is considerably less than Edinburgh.
spot_imgspot_img

Latest

Unique Kidz charity launches its first ever overseas fundraising challenge

Unique Kidz and Co has launched its first ever...

Views wanted for air quality consultation in Colne

Pendle Borough Council is carrying out an air quality...

Six arrested following East Lancashire derby

Police have thanked supporters who enjoyed the East Lancashire...

£10,000 Cash and Big Brand Prizes to Be Won in SPAR’s Frozen Fortune Giveaway

SPAR has unveiled its Frozen Fortune competition, giving shoppers...
spot_img

Subscribe to our newsletter

Business Lancashire will use the information you provide on this form to be in touch with you and to provide updates and marketing.

Don't miss

Views wanted for air quality consultation in Colne

Pendle Borough Council is carrying out an air quality...

Unique Kidz charity launches its first ever overseas fundraising challenge

Unique Kidz and Co has launched its first ever...

Int-reserve.com Review Evaluates for Beginner Traders

For those just starting their trading journey, this Int-reserve.com...

Six arrested following East Lancashire derby

Police have thanked supporters who enjoyed the East Lancashire...

More News

Environmental health officers blast landlord for “appalling living conditions”

A Bury man has been fined for committing 10 counts of breaching House in Multiple Occupation regulations at a Colne property. Quality Homes NW Limited...

KYND Named a Top ESGFinTech Leader in Financial Services

KYND Limited, a frontrunner in cyber risk management, celebrates its third successive appearance in the 2024 ESGFinTech100 list. Compiled by FinTech Global, this list...

Tim Peake at Adviser 3.0 Conference 2025

Timeline is excited to announce that its flagship event, Adviser 3.0, will take place on 15th May 2025 at Magazine London. This high-energy conference,...