It’s Official: Oxford is the most expensive city in the UK
At least we’ve got a free bus pass?
After the annual housing affordability analysis conducted by Lloyd's Bank, Oxford has officially taken over the top spot as the most expensive city in the UK. We're oddly proud, though mostly scared and disappointed.
Oxford holds the throne for the biggest gap between housing prices and average salary. Buying a house would cost you 10.7 times the average salary of £36,033, meaning your dream home will most likely be a whopping £385,372.
Despite this depressing victory, London still takes the lead for the fastest rising house prices, and Oxford takes a close second place.
To make things worse, drinking away your money troubles isn't cheap either, Oxford also homes one of the most expensive pints in the country.
Outrageously, Oxford still doesn't qualify for the increased London student loans, despite being more expensive. We know, it's unfair.