- Almost everyone reporting that their cost of living has increased give the increase in the cost of food as a reason (97%)
- The increased price of food shops, gas or electricity bills and fuel are the top three reasons for the rise in the cost of living for all residents
Reasons for cost of living increasing
Summary
For what reasons has your cost of living increased?
Weighted base: Those experiencing an increased cost of living: 1,643
This chart shows that:
97% feel a reason for their cost of living increasing is that the price of their food shop has increased
88% feel a reason for their cost of living increasing is that their gas or electricity bills have increased
73% feel a reason for their cost of living increasing is that the price of their fuel has increased
22% feel a reason for their cost of living increasing is that the price of their public transport has increased
21% feel a reason for their cost of living increasing is that their rent or mortgage costs have increased
6% feel a reason for their cost of living increasing is that their childcare costs have increased
2% feel a reason for their cost of living increasing is that other household bills have increased
1% feel a reason for their cost of living increasing is that leisure/entertainment costs have increased
3% feel an other reason has increased their cost of living
Key differences by demographic
Age
Younger residents have been affected by the increase in the cost of public transport far more than any other age group (45%)
Increase in childcare costs have affected those aged 35-44 the most (21%)
Ethnic group
The increase in childcare costs have impacted residents from ethnic minorities far more than those from white ethnic groups