The Mancunian Way: Take home pay
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manchestereveningnews.co.ukProperty writer Phoebe Jobling and data journalist David Dubas-Fisher have been crunching the numbers to work out how much of their wages people are spending on rent across Greater Manchester.
And it’s thrown up some interesting results. In Manchester, for example, rents have gone up twice as fast as pay over the last nine years.
That probably won’t come as a surprise to anyone who finds themselves counting the pennies at the end of every month, but it still makes for stark reading.
Renting the average home in Manchester now costs £1,194 a month. That’s a whopping 54.8 percent of the typical take-home pay - the highest percentage in the north of England.
Read more on manchestereveningnews.co.uk
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