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Cost of living and money matters

St David's 2 Shopping Centre Cardiff

Wales has some of the lowest living costs in the United Kingdom and most of the population enjoy a high standard of living.

Living costs in Wales depend on your location, employment and circumstances. However, historically Wales has had lower costs on items such as accommodation, travel, food, entertainment, shopping and services. Most people enjoy a good quality of life here.

Property prices, council tax and basic expenses in Wales all generally fall below the UK average.

Average house price in Wales is £144k. The UK average is £216k*

The average gross weekly earnings in Wales in 2016 was £566**.

*UK House Price Index summary: July 2016

**Stats Wales


The currency in Wales and across the UK is pounds sterling (£GBP) and pence (p).

Most large shops offer contactless transactions, accept debit and credit cards and many accept American Express.

Royal Mint

Did you know all coinage in the UK is made in Wales? The Royal Mint in Llantrisant, south east Wales makes coins and medals for the UK, as well as producing for 100 countries worldwide. You can even visit the Royal Mint for yourself.