Winner on purchasing power
Newcastle
After paying rent, a accountant (qualified) in Newcastle retains
£132/month more than in Nottingham —
that's £1,584/year extra in purchasing power.
Newcastle
View full breakdown →
Gross salary
£38,535
Net monthly
£2,605
Rent (1-bed)
£750
Rent-to-income
29% — Comfortable
After rent
£1,855
Nottingham
View full breakdown →
Gross salary
£38,000
Net monthly
£2,573
Rent (1-bed)
£850
Rent-to-income
33% — Comfortable
After rent
£1,723
Newcastle vs Nottingham: what the £132/month gap means for a accountant (qualified)
On paper, Newcastle accountant (qualified) roles pay £535/year
more than Nottingham. But take-home after tax and National Insurance tells a
different story — Newcastle workers keep £2,605/month versus
£2,573/month in Nottingham.
The bigger picture is after rent. Average Newcastle rent runs £750/month
versus £850/month in Nottingham. Once housing costs are factored in,
Newcastle workers have £1,855/month
disposable income versus £1,723/month in Nottingham —
that is £1,584/year in real spending power.
Newcastle's rent-to-income ratio of 29%
compares favourably to Nottingham's 33%.
Monthly cost comparison
All figures monthly · 2025/26
| Category |
Newcastle |
Nottingham |
Delta |
| Rent (1-bed median) |
£750 |
£850 |
+13% |
| Transport |
£75 |
£58 |
-23% |
| Council tax |
£112 |
£118 |
+5% |
| Groceries |
£255 |
£260 |
+2% |
| Disposable income remaining |
£1,281 |
£1,154 |
-10% |
Sources: Indeed March 2026 · Rightmove Q4 2025 · HMRC 2025/26 · Numbeo 2025
Cost-of-living equivalence
Based on a cost-of-living index of 61 for Newcastle
and 63 for Nottingham,
a salary of £38,535 in Newcastle delivers
equivalent purchasing power to £39,800 in Nottingham.
Newcastle £38,535 ≈
£39,800
in Nottingham
Income retention after all essentials
% of net monthly pay remaining after rent, transport, council tax and groceries
Everyday costs
Estimated typical prices · scaled from Numbeo 2025
Cappuccino
Newcastle
£2.32
Nottingham
£2.39
Transit (single trip)
Newcastle
£1.79
Nottingham
£1.38
Gym membership
Newcastle
£34/mo
Nottingham
£35/mo
Cinema ticket
Newcastle
£9.76
Nottingham
£10.08
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Frequently asked questions
Does a accountant (qualified) earn more in Newcastle or Nottingham?
+
Newcastle pays a median £38,535 vs £38,000 in Nottingham
— a gross difference of £535.
However, after accounting for rent and living costs, Newcastle professionals
have £132/month more disposable income, making it the stronger city in real terms.
What is the take-home pay for a accountant (qualified) in Newcastle vs Nottingham?
+
In Newcastle: gross £38,535 → £2,605/month net take-home.
In Nottingham: gross £38,000 → £2,573/month net take-home.
After paying median 1-bed rent, Newcastle leaves £1,855/month
vs Nottingham's £1,723/month.
What salary in Nottingham matches Newcastle purchasing power?
+
Approximately £39,800 in Nottingham delivers equivalent purchasing power to
£38,535 in Newcastle, based on a cost-of-living index of
61 (Newcastle) vs 63 (Nottingham).
Is Newcastle or Nottingham cheaper to live in?
+
Newcastle is cheaper overall, with a cost-of-living index of 61 vs 63 for Nottingham (London = 100).
Rent in Newcastle averages £750/month (1-bed)
vs £850/month in Nottingham.
What is the rent-to-income ratio for a accountant (qualified) in Newcastle?
+
A accountant (qualified) in Newcastle earning £38,535 takes home
£2,605/month. With median 1-bed rent of £750/month,
the rent-to-income ratio is 29%
(comfortable).
In Nottingham the equivalent ratio is 33%.