A new report has suggested that the North East is the least affordable place in the whole of the UK for local people to buy petrol. Motorists here pay a larger percentage of their weekly wages on fuel than any other region, despite also having the lowest average cost for a full tank at £100.83.
This is because the North East has the lowest average weekly wage at £593, meaning that the cost of 55 litres of petrol takes up 17% of the average weekly wage in the North East. Energy experts at Boiler Central used data from the Office for National Statistics and Experian to calculate the cost of 55 litres of petrol as a percentage of each UK region’s average weekly wage.
Northern Ireland has the second least affordable fuel in the country, with people there paying an average of 16.73% of their weekly wages on petrol. At £101.71 for 55 litres, petrol is slightly more expensive in Northern Ireland than it is in the North East.
