Local authority · E09000026 · London · all statistics for Redbridge
Cost of living in Redbridge
What the publishing bodies say about the cost of living in Redbridge. Each figure is the official one for this authority with its own period; the rankings count only the areas the publisher covers. Nothing is estimated for the area from a national number.
The figures
| Measure | Redbridge | United Kingdom | Rank (highest first) | Period |
|---|---|---|---|---|
| Average private rent, all properties ONS Price Index of Private Rents: all tenancies, not asking rents. | £1,724 a month | £1,393 a month | 39 of 316 | July 2026, released 19 August 2026 |
| Median full-time pay of residents ONS ASHE by place of residence, provisional. | £44,851 a year | £39,039 a year | 51 of 348 | 2025, released 23 October 2025 |
| Band D council tax MHCLG; England only, all precepts included. | £2,295 a year | — | 245 of 296 | Year ending March 2027, released 25 March 2026 |
| Average house price HM Land Registry; +3.6% on a year earlier. | £495,977 | — | 35 of 360 | June 2026, released 20 August 2026 |
Rent by size
| Bedrooms | Average rent a month |
|---|---|
| 1 | £1,365 |
| 2 | £1,679 |
| 3 | £1,977 |
| 4 or more | £2,707 |
July 2026, ONS Price Index of Private Rents.
Two Civometry ratios
- House price to pay
- 11.1 times: average price £495,977 (June 2026) ÷ median full-time pay of residents £44,851 (2025). The ONS’s own affordability ratio uses workplace earnings and median prices, so it differs.
- Rent as a share of pay
- 46% of gross median full-time pay: £1,724 × 12 ÷ £44,851. Gross pay, one earner, all property sizes.
- Regional spending
- Households in London spent £696 a week on average against £623 across the UK (April 2022 to March 2025 (three-year average)), ONS Family Spending. The ONS publishes no spending figure below region.