Labour Research (December 2014)

News

Rent costs

Young workers pay over 40% of their salary on rent, reveals a survey undertaken at the recent TUC Big Youth Debate. The survey of 2,300 young people found that, of those respondents renting and in work, the average rent-to-salary ratio (the proportion of a person’s pay taken up by their rent) is 41%.

For single earner households, this is well above the 33% household income threshold for affordable housing recommended by the Shelter housing charity.

www.tuc.org.uk/social-issues/housing/young-workers-forum/young-workers-say-they-pay-over-40-cent-their-salary-rent


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