People have shared their thoughts on Nottingham having the lowest disposable income per person in the UK. Rising food, bills and rents have all contributed to this, people have said.
Compared to part of the country where disposable income is much higher, in Kensington and Chelsea, Nottingham’s disposable income is four times lower than this, research from tank The Resolution Foundation shows. As the cost of living crisis continues, people have said they “can’t see things getting better”.
Before housing costs, the average income per person in the city in 2019 was £11,708, which was 4.5 times lower than Kensington and Chelsea (£52,451). A report found that Nottingham is in a poorer position relative to the UK average in 2019 than it was in 1997. The average income for a resident was 20 percent below the national average in 1997 - now it lags behind by 34 percent.
