Skip to main content Accessibility Statement
Group of women laughing

Disposable income compared across the UK – and four ways to boost yours

How much money do you take home every month after taxes and benefits? There is a hefty gap between different areas in the UK – but how do you stack up, and how can you make sure you’re maximising the money you get, whatever this is?

The disposable income of Londoners is the highest in the country at £22,500, while disposable income for the North stands at £15,300. The UK average is £17,600, according to think tank IPPR (Institute of Public Policy Research).

Which are the richest UK areas for disposable income?

1. Westminster has the most at £43,577 per person. This is followed by Kensington & Chelsea and Hammersmith & Fulham at £42,116 and Camden and City of London at £37,324

Reveal the answer Hide answer

Which are the poorest UK areas for disposable income?

Leicester has the least at £11,739 per person. This is followed by Nottingham at £11,757 and Sandwell at £12,100.

Reveal the answer Hide answer

Don’t forget though, that costs in London can often be much higher, so Londoners may have less money to play with after essentials than this may suggest.

Regardless of where you live, thinking about outgoings is important and knowing how to balance the books is a way to keep your financial life healthy. Here are four ideas to maximise your money.  

1. Do you know exactly how much money you have?

Write down what you have going out in terms of bills, rent, mortgage and other expenses, and what you have coming in. Writing everything down and seeing it in black and white, including all the non-essentials, can often help you pinpoint where your money is going.


2. Could you switch to a better deal?

Spending your hard earned cash on bills can be frustrating, but it’s even more annoying if you find out you could be paying less.  Switching energy, phone or broadband company could save you £100s. Smart shopping on smaller things like your supermarket shop can make your money go further too.

3. Could you cut back on the non-essentials?

Curbing spending money on these, such as a Friday night takeaway or Saturday evening pint, can give you some more cash to spend or save. This doesn’t mean you have to stop socialising altogether.  The internet is full of low-cost replicas of takeaway favourites. You could also buy a bottle and some nibbles to share with friends at home for much cheaper than your average pub.

4. Is your bank account working hard enough?

Could you be getting more from your bank account? Taking a look around can help you with your money management, whether this is finding an account that charges you less for being in overdraft, or that will give you more interest on your balance.

What do you think?

We really want you to share your views, but please remember to be nice ☺
All fields are required. Check out our full commenting guidelines

By clicking on 'Post Comment', you're agreeing to our Commenting Policy

  • Paul Turner / 13 September 2015

    How about budget saving for retired and receiving state pension,living on limited income.
    I do my best but advise listened to or taken helps in certain category .
    Am not jetting of to destination holidays or cruises that some impressed company adverts imply,those that do were fortunate within their working lives.

  • Peter Maxwell-Lyte / 6 September 2015

    I think this is a great improvement on the Money Advice Service information and is what should be taught in schools.