Cost Of Living Increase 2024 Uk Per Month. Presents are most likely to be cut back due to the cost of living, with 86% of those looking to reduce their seasonal costs planning to decrease their gift spend this year. Many have found their wages have not increased in line with the cost of living.

While the average monthly cost of living in the uk for a single person is around £2,005 per month, you need to keep in mind that your expenses will get higher if you have to. Working families remain under significant financial pressure as they struggle to cover their most essential living costs, with family members of all ages increasingly aware of.