Liverpool is the third cheapest UK city for graduates to live in

New data has found that Liverpool is the third cheapest city to live in as a graduate. Liverpool was only beaten by Stoke-on-Trent and Newcastle-under-Lyme.

The average cost of living in Liverpool, things such as bills and expenses, for one month is £721.83. This is the same as other cities such as Manchester; however, the average rent is much cheaper. The average rent in Liverpool was a mere £503 a month, compared to £779 in Manchester, and £749 in Leeds.

This meant that for a graduate earning the average starting salary of £18,244, by living in Liverpool they would save £183.10 a month, the third highest amount in the country.

The cheapest places to live as a graduate

On the other end of the scale, it is no surprise that London is the most expensive place to live as a graduate. Living in London costs an estimated £1445.50 a month more than living in Liverpool. Rent in London is over three times rent in Liverpool.

The most expensive places in the UK to live as a graduate

Data courtesy of Propillo.com