THE MOST and least affordable towns and cities to live and work in the West Midlands have been revealed.
Experts from the newspaper, The Telegraph, ranked every place to live in England in a bid to find the country’s most affordable area to live and work.
Telegraph Money analysed national data comparing average house prices, average earnings, food and energy bills and commuting costs for “travel to work areas” (TTWA) across England and Wales.
Its analysis revealed the areas where your money goes the furthest, with one area of the region being named among the most affordable in the country.
Stafford was ranked the 7th best value place to live in England and Wales of out 161 towns and cities, storming ahead of anywhere else in the West Midlands.
People living in the market town had an average earning of £35,056, with house prices being on average £250,382.
The Telegraph gave Stafford an affordability ratio of 7.1 and calculated that 22.4 per cent of shared household earnings goes towards monthly expenses.
The West Midlands did not feature again until number 46 on the list, with the rest of the region’s towns and cities coming out relatively mid-table.
However, according to the Telegraph, it was Evesham in Worcestershire that was named the least best value place to live in the West Midlands, with the town falling into the bottom 30 of the table overall.
Here is a list of the best and worst value towns and cities to live in the West Midlands, according to The Telegraph:
- Stafford (7 overall)
- Coventry (46 overall)
- Stoke-on-Trent (49 overall)
- Telford (52 overall)
- Dudley (57 overall)
- Birmingham (63 overall)
- Wolverhampton and Walsall (67 overall)
- Oswestry (72 overall)
- Worcester and Kidderminster (75 overall)
- Evesham (136 overall)
Overall, it was Barrow-in-Furness in Cumbria that came out on top overall as the best value place to live in England and Wales, with Penzance in Cornwall being ranked the least best value place to live.
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