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Summary
  • Those residents who report being less able or unable to meet the day-to-day costs of living at a total sample level has slightly increased since Wave 6, although still remains lower than Waves 4 and 5 (W7:44% vs W6:40%)
  • Impact is highest amongst those earning £20k or less, housing association and private renters, those aged 25-34, and those with young (<4 years) or older children (16-18 years) in their household

 

Are you able to meet the current day-to-day costs of living?

Total sample

Weighted base: W4: 1,643 | W5: 2,049 | W6: 1,235 | W7: 1,464

This chart shows:
In Wave 4, 48% of respondents said they could still meet day-to-day costs, 34% said they were slightly less able, 14% said they were much less able, and 4% said they could not meet day-to-day costs. In Wave 5, 48% of respondents said they could still meet day-to-day costs, 32% said they were slightly less able, 18% said they were much less able, and 3% said they could not meet day-to-day costs. In Wave 6, 60% of respondents said they could still meet day-to-day costs, 30% said they were slightly less able, 10% said they were much less able, and 1% said they could not meet day-to-day costs. In Wave 7, 56% of respondents said they could still meet day-to-day costs, 26% said they were slightly less able, 14% said they were much less able, and 4% said they could not meet day-to-day costs.

By age

Weighted base: 16-24: 235 | 25-34: 226 | 35-44: 199 | 45-54: 184 | 55-64:169 | 65+: 222

This chart shows:
Among those aged 16–24, 53% said they could still meet day-to-day costs, 27% said they were slightly less able, and 20% said they were much less able. Among those aged 25–34, 42% said they could still meet day-to-day costs, 27% said they were slightly less able, 23% said they were much less able, and 8% said they could not meet day-to-day costs. Among those aged 35–44, 53% said they could still meet day-to-day costs, 27% said they were slightly less able, 13% said they were much less able, and 7% said they could not meet day-to-day costs. Among those aged 45–54, 56% said they could still meet day-to-day costs, 26% said they were slightly less able, 14% said they were much less able, and 4% said they could not meet day-to-day costs. Among those aged 55–64, 59% said they could still meet day-to-day costs, 28% said they were slightly less able, 11% said they were much less able, and 2% said they could not meet day-to-day costs. Among those aged over 64, 71% said they could still meet day-to-day costs, 23% said they were slightly less able, 5% said they were much less able, and 1% said they could not meet day-to-day costs.

By disability

Weighted base: Disability: 247 | No disability: 988

Among respondents with a disability, 57% said they could still meet day-to-day costs, 23% said they were slightly less able, 14% said they were much less able, and 6% said they could not meet day-to-day costs. Among respondents without a disability, 55% said they could still meet day-to-day costs, 27% said they were slightly less able, 14% said they were much less able, and 4% said they could not meet day-to-day costs.

By ethnic group

Weighted Base: White: 1,068 | Ethnic minority: 167

Among White respondents, 56% said they could still meet day-to-day costs, 26% said they were slightly less able, 14% said they were much less able, and 3% said they could not meet day-to-day costs. Among ethnic minority respondents, 50% said they could still meet day-to-day costs, 26% said they were slightly less able, 13% said they were much less able, and 11% said they could not meet day-to-day costs.

By household income

Weighted Base: Up to £19,999: 157 | £20,000 - £39,999: 352 | £40,000 - £59,999: 251 | £60,000 or more: 328

Among those with household income up to £19,999, 36% said they could still meet day-to-day costs, 27% said they were slightly less able, 28% said they were much less able, and 9% said they could not meet day-to-day costs. Among those with household income £20,000–£39,999, 55% said they could still meet day-to-day costs, 30% said they were slightly less able, 10% said they were much less able, and 5% said they could not meet day-to-day costs. Among those with household income £40,000–£59,999, 59% said they could still meet day-to-day costs, 18% said they were slightly less able, and 23% said they were much less able. Among those with household income £60,000 or more, 61% said they could still meet day-to-day costs, 23% said they were slightly less able, 12% said they were much less able, and 4% said they could not meet day-to-day costs.

By housing status

Housing status: Property owners: 760 | LA renters: 61 | HA Renters: 282

Among property owners, 65% said they could still meet day-to-day costs, 24% said they were slightly less able, 10% said they were much less able, and 1% said they could not meet day-to-day costs. Among local authority renters, 56% said they could still meet day-to-day costs, 24% said they were slightly less able, 14% said they were much less able, and 7% said they could not meet day-to-day costs. Among housing association renters, 33% said they could still meet day-to-day costs, 31% said they were slightly less able, 22% said they were much less able, and 13% said they could not meet day-to-day costs. Among private renters, 43% said they could still meet day-to-day costs, 26% said they were slightly less able, 23% said they were much less able, and 8% said they could not meet day-to-day costs.

By children in household

Weighted base: 0-4 years: 89 | 5-15 years: 256 | 16-18 years: 61 | No children: 1,071

Among those with children aged 0–4, 31% said they could still meet day-to-day costs, 34% said they were slightly less able, 23% said they were much less able, and 12% said they could not meet day-to-day costs. Among those with children aged 5–15, 53% said they could still meet day-to-day costs, 22% said they were slightly less able, 17% said they were much less able, and 8% said they could not meet day-to-day costs. Among those with children aged 16–18, 32% said they could still meet day-to-day costs, 53% said they were slightly less able, 12% said they were much less able, and 3% said they could not meet day-to-day costs. Among those with no children, 60% said they could still meet day-to-day costs, 25% said they were slightly less able, 13% said they were much less able, and 2% said they could not meet day-to-day costs.

By living situation

Weighted Base: Single Households: 337 | Pensioner: 274 | Unpaid carers: 121

Among single households, 63% said they could still meet day-to-day costs, 25% said they were slightly less able, 8% said they were much less able, and 4% said they could not meet day-to-day costs. Among pensioners, 71% said they could still meet day-to-day costs, 24% said they were slightly less able, 4% said they were much less able, and 1% said they could not meet day-to-day costs. Among unpaid carers, 47% said they could still meet day-to-day costs, 34% said they were slightly less able, 11% said they were much less able, and 7% said they could not meet day-to-day costs.

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