- New research by neobank bunq reveals that soaring rental prices are making UK cities significantly more expensive to live in than many European counterparts.
- London holds the top spot as the most expensive city in Europe, while Bristol, Brighton, Edinburgh, and Manchester have also ranked in the top 15.
- Monthly living costs in Bristol average £1,614, making it £298 a month more expensive than Barcelona and almost £2,000 a year more costly than Paris.
- High rent prices are the primary driver of the UK's rising living costs, despite the country remaining competitive for groceries, energy, and broadband.
- Experts warn that alternative UK destinations no longer offer genuine savings for remote workers compared to cities further abroad.
IN FULL
