Based on cost-of-living indices (Edinburgh 72 vs Nottingham 63, London = 100), £40,000 in Edinburgh has the same purchasing power as approximately £35,000 in Nottingham. Nottingham is 13% cheaper overall.
The equivalent accounts for the real cost of maintaining the same standard of living. Edinburgh rent averages £1,100/month versus £850/month in Nottingham — a £250/month saving. Beyond rent, Nottingham is overall 13% cheaper across groceries, transport, restaurants, and utilities (Numbeo COL index 63 vs Edinburgh's 72).
To achieve the same disposable income in Nottingham, you would need to earn £35,000 — calculated using Rightmove Q1 2026 rental data and HMRC 2025/26 tax rates. Any offer above £35,000 in Nottingham is a real-terms pay rise.
COL indices from Numbeo 2025 (London = 100). Rent = Rightmove Q4 2025 median for a 1-bed flat.
Moving from Edinburgh to Nottingham saves £250/month on rent alone (£1,100 → £850/mo).
You can accept up to 13% salary reduction and maintain your lifestyle. Any offer above £35,000 in Nottingham is a real-terms pay rise.