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Summary

  • Spending less on non-essentials is by far the most common way residents are tackling the increase in the cost of living (70%)
  • Using less fuel at home, spending less on food and essentials and shopping around more are also popular choices

What are you doing because your cost of living has increased?

Weighted base: Those experiencing an increased cost of living: 1,643

This chart shows that:
70% of residents are spending less on non-essentials
56% of residents are using less fuel such as gas or electricity in their homes
51% of residents are spending less on food shopping and essentials
48% of residents are shopping around more
44% of residents are cutting back on non-essential journeys in their vehicles
38% of residents are using their savings
30% of residents are using alternative modes of transport (i.e. walking/cycling)
26% of residents are eating less/missing meals to save money
22% of residents are using credit more than usual (e.g. credit cards, loans or overdrafts)
17% of residents are working more hours than usual
13% of residents are using cash to pay for things more to help them control their spending
12% of residents are borrowing money from friends or family
9% of residents have been unable to pay an important bill such as electricity, gas, rent or mortgage
4% of residents have started using foodbanks
3% of residents are finding alternatives to paid childcare, for example taking paid or unpaid leave
1% of residents are using foodbanks more
1% of residents are doing other things
3% of residents are doing none of these