Financial Analyst · City comparison · 2026

Nottingham vs Sheffield

Q: Does a financial analyst earn more in Nottingham or Sheffield?

Nottingham pays £46,000 vs £47,000 in Sheffield. After living costs, Sheffield professionals have £85/month more disposable income.

Q: What is the take-home pay for a financial analyst in Nottingham vs Sheffield?

In Nottingham: £3,053/month net. In Sheffield: £3,113/month net. After rent, Nottingham leaves £2,203/month vs Sheffield's £2,288/month.

Q: What salary in Sheffield matches Nottingham purchasing power?

Approximately £46,000 in Sheffield delivers equivalent purchasing power to £46,000 in Nottingham, based on a COL index of 63 vs 63.

Q: Is Nottingham or Sheffield cheaper to live in?

Both cities share a COL index of 63. Rent: Nottingham £850/mo vs Sheffield £825/mo.

Q: What is the rent-to-income ratio for a financial analyst in Nottingham?

A financial analyst in Nottingham has a rent-to-income ratio of 28% (comfortable). In Sheffield the equivalent is 27%.

Sheffield wins on purchasing power. Sheffield financial analysts have £85/month more disposable income after rent than their Nottingham counterparts.

Nottingham salary

£46,000

£3,053/mo take-home

Sheffield salary

£47,000

£3,113/mo take-home

Sheffield wins by

+£85

per month after rent

Winner on purchasing power

Sheffield

After paying rent, a financial analyst in Sheffield retains £85/month more than in Nottingham — that's £1,020/year extra in purchasing power.

+£85

per month

Nottingham

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Gross salary £46,000

Net monthly £3,053

Rent (1-bed) £850

Rent-to-income 28% — Comfortable

After rent £2,203

Sheffield

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Gross salary £47,000

Net monthly £3,113

Rent (1-bed) £825

Rent-to-income 27% — Comfortable

After rent £2,288

Monthly cost comparison

All figures monthly · 2025/26

Category	Nottingham	Sheffield	Delta
Rent (1-bed median)	£850	£825	-3%
Transport	£58	£65	+12%
Council tax	£118	£126	+7%
Groceries	£260	£265	+2%
Disposable income remaining	£1,634	£1,698	+4%

Sources: LinkedIn 2025 · Rightmove Q4 2025 · HMRC 2025/26 · Numbeo 2025

Cost-of-living equivalence

Based on a cost-of-living index of 63 for Nottingham and 63 for Sheffield, a salary of £46,000 in Nottingham delivers equivalent purchasing power to £46,000 in Sheffield.

Nottingham £46,000 ≈

£46,000

in Sheffield

Income retention after all essentials

% of net monthly pay remaining after rent, transport, council tax and groceries

Nottingham 54%

Sheffield 55%

Everyday costs

Estimated typical prices · scaled from Numbeo 2025

Cappuccino

Nottingham £2.39

Sheffield £2.39

Transit (single trip)

Nottingham £1.38

Sheffield £1.55

Gym membership

Nottingham £35/mo

Sheffield £35/mo

Cinema ticket

Nottingham £10.08

Sheffield £10.08

Financial tools

Frequently asked questions

Does a financial analyst earn more in Nottingham or Sheffield? +

Nottingham pays a median £46,000 vs £47,000 in Sheffield — a gross difference of £1,000. However, after accounting for rent and living costs, Sheffield 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 Nottingham vs Sheffield? +

In Nottingham: gross £46,000 → £3,053/month net take-home. In Sheffield: gross £47,000 → £3,113/month net take-home. After paying median 1-bed rent, Nottingham leaves £2,203/month vs Sheffield's £2,288/month.

What salary in Sheffield matches Nottingham purchasing power? +

Approximately £46,000 in Sheffield delivers equivalent purchasing power to £46,000 in Nottingham, based on a cost-of-living index of 63 (Nottingham) vs 63 (Sheffield).

Is Nottingham or Sheffield cheaper to live in? +

Nottingham and Sheffield have the same cost-of-living index of 63 (London = 100). Rent in Nottingham averages £850/month (1-bed) vs £825/month in Sheffield.

What is the rent-to-income ratio for a financial analyst in Nottingham? +

A financial analyst in Nottingham earning £46,000 takes home £3,053/month. With median 1-bed rent of £850/month, the rent-to-income ratio is 28% (comfortable). In Sheffield the equivalent ratio is 27%.