In 2022/23 the mean disposable income per household in the United Kingdom was 40,916 British pounds, while the median disposable income for households was 34,462 pounds

Annual estimates of UK regional gross disposable household income (GDHI) at current prices for ITL1, ITL2 and ITL3 regions.

Real household disposable income per person in the United Kingdom is expected to grow by 2.6 percent in 2024/25, with disposable income growth slowing from that point onwards. In 2022/23, disposable income fell by two percent, the biggest fall in living standards since 1956 when this type of data was first produced.

In 2023, the highest average amount of disposable income for any age group occurred in the 35 to 44-year-old group, while the age group with the lowest average disposable income were those aged 85 and over.

In 2022/23 the median annual household disposable income in the United Kingdom amounted to approximately 31,817 British pounds. Between 1994/95 and 2007/08 the average household disposable income showed year-on-year increases, but after this point, income levels began to stagnate and even decline in some years. Although average household disposable resumed a steady growth pattern between 2012/13 and 2016/17, it has fluctuated in more recent years, and declined in the most recent two years. Economic shocks and disposable income The steady growth of disposable income from 1994 to 2008 reflected the generally healthy UK economy in that period. After the global financial crisis, however, the UK economy was plunged into a deep recession that is mirrored by a decline in disposable income. Although there was a period of recovery between 2013 and 2016, the UK economy has suffered a series of economic shocks since that point. The Brexit Referendum of 2016, and the subsequent economic and political fallout, was followed by the COVID-19 pandemic in 2020, and in more recent years by the Inflation Crisis and Ukraine War. Living costs putting UK households under pressure Between January and April 2022, the share of people reporting an increase in their living costs compared with the previous month rose from 66 percent to 91 percent. This corresponded with significant price increases at that time, with CPI inflation surging from 0.4 percent in February 2021 to a 41-year-high of 11.1 percent by October 2022. Although inflation did gradually start to decline in the following months, it wasn't until July 2023 that wages caught up with inflation. The surge in energy and food prices that caused this high inflation, was devastating for UK households, leading to the worst Cost of Living Crisis for decades.

Annual estimates of UK regional gross disposable household income (GDHI) for local authorities.

In 2022/23, households in the top decile group in the United Kingdom had, on average,68,406 British pounds in equivalized disposable household income, compared with the average of 34,462 pounds.

United Kingdom GDHI: per Capita: London data was reported at 27,151.000 GBP in 2016. This records an increase from the previous number of 26,864.000 GBP for 2015. United Kingdom GDHI: per Capita: London data is updated yearly, averaging 20,597.500 GBP from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 27,151.000 GBP in 2016 and a record low of 13,183.000 GBP in 1997. United Kingdom GDHI: per Capita: London data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.A046: ESA 2010: Gross Disposable Household Income: by Region.

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

The shares of weekly household expenditure on recreation and culture in the United Kingdom were lower in the 2022 fiscal year compared to 2020 due to the impact of the coronavirus (COVID-19) pandemic. Over that period, households in the eighth disposable income decile group recorded one of the highest drops in spending. Between April 2021 and March 2022, those households spent an average of 9.4 percent of their weekly expenditure on recreation and culture, reporting a decrease of 3.3 percentage points from 2020.

This statistic shows the regional gross disposable household income (GDHI) in the United Kingdom (UK) in 2016, by region. In this year, Greater London had the highest rate of growth to GDHI in the country, by 2.3 percent.

Estimates of annual household income for the four income types for Middle layer Super Output Areas, or local areas, in England and Wales.

This statistic shows the regional gross disposable household income (GDHI) per head in the United Kingdom (UK) in 2018. In this year, London had the highest GDHI per capita in the country, reaching approximately 29.4 thousand British pounds.

In the 3rd quarter of 2024, the debt of households in the United Kingdom amounted to 120 percent of their income. This indicator shows the average level of indebtedness of the the general population and their ability to repay their debts. The total value of household debt (total liabilities and loans to households) has increased annually since 2000. Debt to income ratio increased during the pandemic As we have seen here, households have been decreasing their indebtedness levels in the past years. However, the volume of new consumer lending actually soared between 2022 and 2024. Meanwhile, the growth rate of mortgages in the UK has remained lower these past years, but it has also shown an increase on amount of lending.

Indebtedness in Europe The household debt of many countries in Europe as a share of their disposable income in 2024 was over 100 percent. That was mostly the case for Northern and Western European countries, such as Norway, the Netherlands, and Denmark. Germany and Austria were some of the largest exceptions, as they were among the few countries in that part of Europe with households' debt representing less than 80 percent of hteir income.

Between the financial years 2020 and 2023, the share of weekly household expenditure on package holidays abroad fluctuated. In the 2023 fiscal year, the decile income group with the highest share of spending was the highest ten percent, which spent 5.7 percent of household income on package holidays abroad.

GDHI：人均：指数：伦敦在12-01-2016达139.700UK=100，相较于12-01-2015的139.200UK=100有所增长。GDHI：人均：指数：伦敦数据按年更新，12-01-1997至12-01-2016期间平均值为131.650UK=100，共20份观测结果。该数据的历史最高值出现于12-01-2016，达139.700UK=100，而历史最低值则出现于12-01-1997，为121.900UK=100。CEIC提供的GDHI：人均：指数：伦敦数据处于定期更新的状态，数据来源于Office for National Statistics，数据归类于全球数据库的英国 – 表 UK.A048：2010年欧洲账户体系（ESA 2010）：家庭可支配总收入：按地区。

In April 2025, the UK minimum wage for adults over the age of 21 in will be 12.21 pounds per hour. For the 2025/26 financial year, there will be four minimum wage categories, three of which are based on age and one for apprentice workers. Apprentices, and workers under the age of 18 will have a minimum wage of 7.55 pounds an hour, increasing to ten pounds for those aged 18 to 20. When the minimum wage was first introduced in 1999, there were just two age categories; 18 to 21, and 22 and over. This increased to three categories in 2004, four in 2010, and five between 2016 and 2023, before being reduced down to four in the most recent year. The living wage The living wage is an alternative minimum wage amount that employers in the UK can voluntarily pay their employees. It is calculated independently of the legal minimum wage and results in a higher value figure. In 2023/24, for example, the living wage was twelve pounds an hour for the UK as a whole and 13.15 for workers in London, where the cost of living is typically higher. This living wage is different from what the UK government has named the national living wage, which was 10.42 in the same financial year. Between 2011/12 and 2023/24, the living wage has increased by 4.80 pounds, while the London living wage has grown by 4.85 pounds. Wage growth cancelled-out by high inflation 2021-2023 For a long period between the middle of 2021 and late 2023, average wage growth in the UK was unable to keep up with record inflation levels, resulting in the biggest fall in disposable income since 1956. Although the UK government attempted to mitigate the impact of falling living standards through a series of cost of living payments, the situation has still been very difficult for households. After peaking at 11.1 percent in October 2022, the UK's inflation rate remained in double figures until March 2023, and did not fall to the preferred rate of two percent until May 2024. As of November 2024, regular weekly pay in the UK was growing by 5.6 percent in nominal terms, and 2.5 percent when adjusted for inflation.

Renters in the UK spent on average 32.5 percent of their income on rent as of January 2025. Scotland and Yorkshire and Humber were the most affordable regions, with households spending less than 28 percent of their gross income on rent. Conversely, London, South West, and South East had a higher ratio. Greater London is the most expensive region for renters Greater London has a considerably higher rent than the rest of the UK regions. In 2024, the average rental cost in Greater London was more than twice higher than in the North West or West Midlands. Compared with Greater London, rent in the South East region was about 600 British pounds cheaper. London property prices continue to increase In recent years, house prices in the UK have been steadily increasing, and the period after the COVID-19 pandemic has been no exception. Prime residential property prices in Central London are forecast to continue rising until 2027. A similar trend in prime property prices is also expected in Outer London.