Winner on purchasing power
Liverpool
After paying rent, a financial analyst in Liverpool retains
£85/month more than in Sheffield —
that's £1,020/year extra in purchasing power.
Liverpool
View full breakdown →
Gross salary
£48,000
Net monthly
£3,173
Rent (1-bed)
£800
Rent-to-income
25% — Comfortable
After rent
£2,373
Sheffield
View full breakdown →
Gross salary
£47,000
Net monthly
£3,113
Rent (1-bed)
£825
Rent-to-income
27% — Comfortable
After rent
£2,288
Liverpool vs Sheffield: what the £85/month gap means for a financial analyst
On paper, Liverpool financial analyst roles pay £1,000/year
more than Sheffield. But take-home after tax and National Insurance tells a
different story — Liverpool workers keep £3,173/month versus
£3,113/month in Sheffield.
The bigger picture is after rent. Average Liverpool rent runs £800/month
versus £825/month in Sheffield. Once housing costs are factored in,
Liverpool workers have £2,373/month
disposable income versus £2,288/month in Sheffield —
that is £1,020/year in real spending power.
Liverpool's rent-to-income ratio of 25%
compares favourably to Sheffield's 27%.
Monthly cost comparison
All figures monthly · 2025/26
| Category |
Liverpool |
Sheffield |
Delta |
| Rent (1-bed median) |
£800 |
£825 |
+3% |
| Transport |
£70 |
£65 |
-7% |
| Council tax |
£115 |
£126 |
+10% |
| Groceries |
£260 |
£265 |
+2% |
| Disposable income remaining |
£1,795 |
£1,698 |
-5% |
Sources: ONS ASHE 2025 · Rightmove Q4 2025 · HMRC 2025/26 · Numbeo 2025
Cost-of-living equivalence
Based on a cost-of-living index of 62 for Liverpool
and 63 for Sheffield,
a salary of £48,000 in Liverpool delivers
equivalent purchasing power to £48,750 in Sheffield.
Liverpool £48,000 ≈
£48,750
in Sheffield
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
Liverpool
£2.36
Sheffield
£2.39
Transit (single trip)
Liverpool
£1.67
Sheffield
£1.55
Gym membership
Liverpool
£34/mo
Sheffield
£35/mo
Cinema ticket
Liverpool
£9.92
Sheffield
£10.08
Financial tools
Popular products for UK earners
Best match
Amex Gold
Earn points on everyday spending
Annual fee: £140
Apply Now
Travel rewards
Barclaycard Avios
Collect Avios on every purchase
Annual fee: £0
Apply Now
Cashback
Chase UK Cashback
1% cashback, no annual fee
Annual fee: £0
Apply Now
Frequently asked questions
Does a financial analyst earn more in Liverpool or Sheffield?
+
Liverpool pays a median £48,000 vs £47,000 in Sheffield
— a gross difference of £1,000.
However, after accounting for rent and living costs, Liverpool professionals
have £85/month more disposable income, making it the stronger city in real terms.
What is the take-home pay for a financial analyst in Liverpool vs Sheffield?
+
In Liverpool: gross £48,000 → £3,173/month net take-home.
In Sheffield: gross £47,000 → £3,113/month net take-home.
After paying median 1-bed rent, Liverpool leaves £2,373/month
vs Sheffield's £2,288/month.
What salary in Sheffield matches Liverpool purchasing power?
+
Approximately £48,750 in Sheffield delivers equivalent purchasing power to
£48,000 in Liverpool, based on a cost-of-living index of
62 (Liverpool) vs 63 (Sheffield).
Is Liverpool or Sheffield cheaper to live in?
+
Liverpool is cheaper overall, with a cost-of-living index of 62 vs 63 for Sheffield (London = 100).
Rent in Liverpool averages £800/month (1-bed)
vs £825/month in Sheffield.
What is the rent-to-income ratio for a financial analyst in Liverpool?
+
A financial analyst in Liverpool earning £48,000 takes home
£3,173/month. With median 1-bed rent of £800/month,
the rent-to-income ratio is 25%
(comfortable).
In Sheffield the equivalent ratio is 27%.