13:04 PM, 20th April 2023, About 8 months ago 1
The most appealing cities for young renters to enjoy jobs, socialising and low rents have been revealed – and there are some unlikely destinations in the top 10.
The research from Comparethemarket found that Nottingham, Southampton and Coventry are the UK’s most appealing cities for young adults.
The firm created a way to rank the needs of young renters aged 18-30 from transport costs, the quality of nightlife and affordable rents.
Also, the overall happiness of each city’s inhabitants was a key factor.
Anna McEntee, from Comparethemarket’s life insurance team, said: “Choosing where to live as a young adult can be an important decision – and there are a lot of different aspects to consider.
“Being happy with your living situation, as well as being able to form strong friendships and social ties, and maintain a healthful diet is key to establishing a good overall level of personal well-being.”
She added: “It’s great to see there are many cities in the UK that offer good living options for young adults, from affordable public transport to plentiful job opportunities.”
Peterborough offers the cheapest dining out options, with the average cost of a meal at an ‘affordable’ restaurant costing just £9.
And Coventry offers the UK’s cheapest monthly public transport pass at just £50, on average.
However, Nottingham ranks as the top city for young adults with two universities, affordable public transport and relatively inexpensive rent.
It’s no surprise that more than a quarter (28%) of Nottingham’s population is aged between 18 and 30.
Southampton comes in second place, with 24% of its population aged 18-30 and it offers young renters 1,038 job listings and 95 pubs and bars hosting events, so there are opportunities for career development and socialising.
Coventry follows in third, scoring particularly well for its low transport costs – among the cheapest anywhere.