Cost of living · 2026/27
Nottingham: Cost of Living 2026/27
The highest area Band D of the cities in this set (£2,755 in 2026/27). Nottingham City Council issued a Section 114 notice in November 2023 and spent two years under government-appointed commissioners. Rent is otherwise modest.
At a glance
- Typical 2-bed rent
- £900/mo
- Council Tax Band D
- £2,755/yr
- Median annual pay (FT)
- £34,996
- Population
- 334,000
Note. Government commissioners were appointed in February 2024 after the November 2023 Section 114 notice; the intervention was stepped down to ministerial envoys in March 2026. The council raised Council Tax 3.5% in 2026/27 (MHCLG Table 8a) - a smaller rise than most English cities in this set.
Take-home after rent in Nottingham
Monthly take-home for common UK salaries, using England tax rates (our salary calculator), then subtracting typical rent and monthly council tax / rates.
| Gross | Take-home /mo | After rent | After rent + council tax |
|---|---|---|---|
| £34,996 (local median) | £2,393 | £1,493 | £1,263 |
| £50,000 | £3,293 | £2,393 | £2,164 |
| £75,000 | £4,505 | £3,605 | £3,375 |
| £100,000 | £5,713 | £4,813 | £4,584 |
Primary industries in Nottingham
- Healthcare (Queen's Medical Centre)
- Higher education
- Retail
- Public sector
- Finance (Experian HQ)