Is it expensive to live in Milton Keynes? Living costs in Milton Keynes are slightly higher than the national average, but are generally lower than London. Consumer prices in Milton Keynes are 27% lower than London (minus rent), while rental prices are 50% cheaper.
There has been a rise in demand for rental properties and an 8.9% fall in the number of Milton Keynes private rented properties, which has caused Milton Keynes rents to rise by 5.8% in the last year, a new all-time high.
Properties in Milton Keynes had an overall average price of £346,216 over the last year. The majority of sales in Milton Keynes during the last year were detached properties, selling for an average price of £538,096. Terraced properties sold for an average of £285,731, with semi-detached properties fetching £330,836.
Milton Keynes was the fifth most expensive place in the UK, with an average rent of £1,623.47 for a three bedroomed family home. The city also came out as one of the top five most costly places in the UK to rent a single room in a house or flat.
It largely depends on the lifestyle one opts for and the spending limit they have set. International student's monthly cost of living in Milton Keynes typically ranges from £1,551 to £1,073.
Employment rates in the area are very good. A large number of major employers in a wide range of industries mean that you can find work here in the city; the easy road and rail connections to London, Cambridge, Birmingham and Oxford mean you can easily commute if you work further afield.
Ethnicity. In the 2021 census, almost 71.8% of the population described their ethnic origin as white, 12.3% as Asian, 9.7% as black, 4% as mixed, and 2% as another ethnic group.
The figures show more people in Milton Keynes identify as Muslim, with 20,484 selecting the religion last year, up from 11,913 in 2011. Additionally, 12,911 residents said they were Hindu in the survey, up from 6,918 10 years ago.
Some of the really good ares of Milton Keynes are Shenleys ( Church End, Brook End, Lodge), Grange Farm, Medbourne, Furtzon. Some of the areas you would want to avoid are Oldbrook, Crownhill, Downs Barn.
The city also has a strong transportation system and a diverse economy, with many job opportunities in a variety of industries. Additionally, Milton Keynes is less crowded and more family-friendly than London, and it is also closer to the countryside, which can be great for those who enjoy outdoor activities.
Annual crime rate in Milton Keynes postcode area is 39.5 crimes per annum per 1000 workday people as of December 2023. Compared to the national crime rate, Milton Keynes's crime rate is at 112%. Violent crime makes up 38.3% of all crimes reported in the postcode area.
What is Milton Keynes Most Famous For? There are plenty of things to do in Milton Keynes, one of the largest towns in the South East of England. Best known for its roundabouts and concrete cows, the vibrant town is characterised by plenty of green space like the Buckinghamshire countryside that came before it.
It is well known for its US-style design featuring a grid system of roads and numerous roundabouts. Over the years, Milton Keynes has become a popular hub for shopping, business and leisure, with a current population of approximately 265,000.
Beautiful open spaces sit alongside popular leisure attractions, there's lots on offer culturally, and our friendly neighbourhoods feature high quality community facilities with easy ways to get around on foot and by bike as well as by car.
Milton Keynes has something for everyone, from gregarious grandparents to tearaway tots, and everything in between. So whether you're young at heart, addicted to play, or just dedicated to dinosaurs, you'll find activities and destinations to put a smile on your face.
A small town in the north of England has been recognised as one of the cheapest places to live, according to a recent survey by the housing agent Zoopla. It indicated that Shildon in County Durham is Britain's budget capital and the most affordable location in England.
All in all, Milton Keynes is a town thriving with job opportunities, things to do and reasonably priced homes. With its perfect location making it so easy to commute and the ease of travelling around the town itself, its hard to see how any other place in the UK has all of these things to offer.
1. Cardiff. The Welsh capital city is one of the cheapest cities in the UK for international students to reside in when completing their education. It is home to the prestigious University of Cardiff, which is a member of the Russell Group.
Where is the cheapest place to live in the south of England?
Contrary to popular opinion, Portsmouth is the cheapest place to live in the south – whether it be other south coast towns, or further afield in places like Bristol, Birmingham, Stratford or Nottingham – Portsmouth is cheaper.
Winchester is now the UK's least affordable city to buy a home, according to analysis from Halifax. Homes in the Hampshire city are now 14 times annual earnings, the bank found. This is compared to London where homes now set buyers back by more than 11 times average earnings.
