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Summary

  • 60% of residents who have not yet experienced an increase in the cost of living are concerned about meeting their day-to-day living costs in the future
  • The top three ways they expect to respond to these concerns mirror those for residents already experiencing an increase – using less fuel at home, and spending less (on essentials and non-essentials)

Are you concerned about meeting your day-to-day living costs in the future?

Weighted base: Those currently experiencing decreased or static cost of living: 117

This chart shows that:
25% of residents are very concerned about meeting their day-to-day living costs in the future
35% of residents are quite concerned about meeting their day-to-day living costs in the future
24% of residents are neither concerned nor unconcerned about meeting their day-to-day living costs in the future
8% of residents are not very concerned about meeting their day-to-day living costs in the future
8% of residents are not concerned at all about meeting their day-to-day living costs in the future

How do you expect your concerns about meeting your day-to day living costs in the future to affect your behaviour?

Weighted base: Those who are concerned: 71

This chart shows that:
66% of residents expect to be using less fuel in their home
62% of residents expect to be spending less on food shopping and essentials
61% of residents expect to be spending less on non-essentials
53% of residents expect to be using their savings
43% of residents expect to be shopping around more
35% of residents expect to be using alternative modes of transport
30% of residents expect to be eating less/missing meals to save money
28% of residents expect to be unable to pay an important bill
20% of residents expect to be cutting back on non-essential journeys in their vehicle
18% of residents expect to be working more hours than usual
16% of residents expect to be borrowing money from friends or family
8% of residents expect to be using foodbanks
6% of residents expect to be using credit more than usual
2% of residents expect to be using foodbanks more