Are National Living Wage Workers Being Priced Out of Manchester?

manchester

Think London is the only city slowly pricing out minimum wage workers? Think again.

We’ve looked into how much workers will need to make an hour to rent a one-bed flat in each of Manchester’s M postcode areas without spending more than 35% or their wages on rent.

Despite the city forging its name through industry and counter-culture, only seven of Manchester’s 43 postcode areas offer affordable one-bed housing today.

You can see how much workers would have to make per hour to afford a one-bed property in each of Manchester’s M postcode areas without spending more than 35% of their wages on rent by on our map.

Would the national living wage of £8.25 proposed by the Living Wage Foundation help Mancunians? The research showed that workers earning £8.25 per hour would be able to find a one-bed in 17 of the 43 postcode areas.

Manchester has long been considered as one of the UK’s cultural and business centres, however this research suggests the city’s rising rent prices threaten to make living there a financial impossibility for many people on low income.