Rugby named as one of the cheapest places for London commuters to live

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Rugby is one of the cheapest places for London commuters to live, according to a new study.

Estate agent Haart found that, once property and transport costs are taken into account, people who work in London would be £7,629 per year better off living in the town than if they lived in the capital.

Rugby’s average property price of £174,611 compared with a London average of £437,000. This saves £13,119 every year on mortgage payments.

Meanwhile, an annual rail season ticket to London costs £5,440 – less than half the sum saved on the mortgage.

People who work in London but live in Leamington save £2,043 per year.

Southend in Essex was found to be the cheapest place for commuters to live.

 

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