In 2020, the West Midlands was the most affordable region of Great Britain for skilled construction and building tradespeople, when the average salary for this type of job is divided by the regional cost of living. The South East of England was the least affordable region for this type of worker, according to this particular metric.
Pay to cost of living ratio for skilled construction and building trades jobs in Great Britain in 2020, by region
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Pay to cost of living ratio
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The source adds the following information regarding methodology: "To reflect the cost of living in different regions, we adjusted tradespeople salaries in this study by the average household spending per region so that regions with a lower cost of living rank higher. The Pay/Cost of Living metric reflects the average worker gross pay divided by the average household expenditure."
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NimbleFins. (December 22, 2020). Pay to cost of living ratio for skilled construction and building trades jobs in Great Britain in 2020, by region [Graph]. In Statista. Retrieved July 06, 2024, from https://www.statista.com/statistics/1198902/skilled-trades-pay-to-cost-of-living-great-britain/
NimbleFins. "Pay to cost of living ratio for skilled construction and building trades jobs in Great Britain in 2020, by region." Chart. December 22, 2020. Statista. Accessed July 06, 2024. https://www.statista.com/statistics/1198902/skilled-trades-pay-to-cost-of-living-great-britain/
NimbleFins. (2020). Pay to cost of living ratio for skilled construction and building trades jobs in Great Britain in 2020, by region. Statista. Statista Inc.. Accessed: July 06, 2024. https://www.statista.com/statistics/1198902/skilled-trades-pay-to-cost-of-living-great-britain/
NimbleFins. "Pay to Cost of Living Ratio for Skilled Construction and Building Trades Jobs in Great Britain in 2020, by Region." Statista, Statista Inc., 22 Dec 2020, https://www.statista.com/statistics/1198902/skilled-trades-pay-to-cost-of-living-great-britain/
NimbleFins, Pay to cost of living ratio for skilled construction and building trades jobs in Great Britain in 2020, by region Statista, https://www.statista.com/statistics/1198902/skilled-trades-pay-to-cost-of-living-great-britain/ (last visited July 06, 2024)
Pay to cost of living ratio for skilled construction and building trades jobs in Great Britain in 2020, by region [Graph], NimbleFins, December 22, 2020. [Online]. Available: https://www.statista.com/statistics/1198902/skilled-trades-pay-to-cost-of-living-great-britain/