Working in Nottingham
Nottingham has a diverse economy with strengths in life sciences, digital, and financial services. Very affordable living costs.
On the average Nottingham salary of £29,500, you'll take home £24,760 per year or £2,063 per month after income tax and National Insurance.
Salary Context in Nottingham
Nottingham is a vibrant East Midlands city with a median salary of approximately £28,500. It combines a strong student economy (two major universities) with growing sectors in fintech, life sciences, and creative industries. Living costs are moderate, making it an affordable base for professionals.
Cost of Living in Nottingham
Average monthly rent for a one-bedroom flat is approximately £650. Average house prices around £205,000 make homeownership accessible. The city has an extensive tram network (NET) and good rail connections to London St Pancras (1h 50m) and other East Midlands cities.
Key Industries and Employers
Nottingham's economy includes financial services (Capital One, Experian), pharmaceutical and life sciences (Boots was founded here), digital and creative (a growing games industry), healthcare (Nottingham University Hospitals), and two significant universities. The city has a growing reputation as a fintech hub.
Working in Nottingham
Nottingham offers strong career opportunities with affordable living costs. The city's excellent transport links to London make it viable for occasional commuting or hybrid roles.
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See the full breakdown: £29,500 salary after tax