Cost of living · 2026/27
Sheffield: Cost of Living 2026/27
Reasonable rent, moderate pay, relatively high council tax. Strong university presence drives student-heavy rental submarkets near the two main universities.
At a glance
- Typical 2-bed rent
- £825/mo
- Council Tax Band D
- £2,510/yr
- Median annual pay (FT)
- £37,544
- Population
- 585,000
Take-home after rent in Sheffield
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 |
|---|---|---|---|
| £37,544 (local median) | £2,546 | £1,721 | £1,512 |
| £50,000 | £3,293 | £2,468 | £2,259 |
| £75,000 | £4,505 | £3,680 | £3,471 |
| £100,000 | £5,713 | £4,888 | £4,679 |
Primary industries in Sheffield
- Advanced manufacturing (AMRC)
- Healthcare
- Higher education (UoS, SHU)
- Retail
- Public sector