East, England

Cost of living in Cambridge

Data last updated: 12 May 2026

£1,300/mo
Average rent
£38,711/yr
Average earnings
£492,750
Average house price
£2,467/yr
Council tax (Band D)

Rent in Cambridge

The average monthly rent in Cambridge is £1,300.

  • 1 Bed
    £1,175 /mo
  • 2 Bed
    £1,400 /mo
  • 3 Bed
    £1,550 /mo
  • 4+ Bed
    £2,100 /mo

The cheapest 25% of rents start from £1,000/month.

Source: ONS Private Rental Market Statistics

Earnings in Cambridge

The average annual salary for residents of Cambridge is £38,711.

Median
£38,711
per year
Mean
£51,653
per year

We use the median (middle value) as the average throughout this site. This is more representative than the mean, which can be skewed by extremely high or low values.

Source: ONS Annual Survey of Hours and Earnings (ASHE)

House prices in Cambridge

The average house price in Cambridge is £492,750.

  • Detached
    £821,500
  • Semi-detached
    £579,500
  • Terraced
    £510,000
  • Flat
    £315,000

Source: ONS / HM Land Registry

Council tax in Cambridge

Band D council tax in Cambridge is £2,467 per year.

  • Band A
    £1,645
  • Band B
    £1,919
  • Band C
    £2,193
  • Band D
    Benchmark
    £2,467
  • Band E
    £3,015
  • Band F
    £3,563
  • Band G
    £4,112
  • Band H
    £4,934

Source: MHCLG / Scottish Government / Welsh Government

Energy costs in Cambridge

Energy cost estimates are not currently available for Cambridge.

Source: Ofgem Energy Price Cap, Q2 2026

Water costs in Cambridge

Water cost estimates are not currently available for Cambridge.

Source: Water UK / Discover Water, 2026-27

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Data on this page is sourced from: ONS Private Rental Market Statistics, ONS Annual Survey of Hours and Earnings, ONS / HM Land Registry House Price Statistics, MHCLG / Scottish Government / Welsh Government council tax data, Ofgem Energy Price Cap, and Water UK / Discover Water. All official data is published under the Open Government Licence.