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A new study by Local Financial Advice has looked at cities all over the UK and came up with s list of the best places to live and retire to. Looking at cost of living, average house prices, life expectancy, crime index and best hospital index scores, among other criteria, the list may provide inspiration for Britons in need of a change.
Newcastle is the best UK city for cost of living.
Affordable for everyone from first-time buyers, new families and retirees, the northern city may be big, but it’s a bargain.
The best city for hospitals is London.
The capital is top for medical support and treatment, something that may be at the forefront of the mind of retirees looking for a change.
READ MORE: ‘Quaint’ Cotswolds town named one of the prettiest in the country
For pension fund size, it’s Edinburgh that takes the top spot.
The average pension fund size is £139,000 in the Scottish capital, £10,000 more than in London.
But the city that beat every other place is Cambridge.
The historical university town scored well across the board.
It’s also at the top of the list in terms of life expectancy and crime index.
However, the average house price in Cambridge comes second highest after London.
The cheapest of the top 10 best cities was Belfast, with an average house price of £142,394.
For retirement, Local Financial Advice found Cambridge to be the best city Britons can move to.
Nigel Borwell at Local Financial Advice said: “Moving to a new location for retirement brings a host of life changing and exciting opportunities to live out those golden years to the fullest.
“Our new retirement index provides a helpful guide to give you a better indication as to where is best to settle in retirement.
“I encourage more upcoming retirees to make the leap and enjoy the rewards.”
The best cities to live and retire to
Local Financial Advice
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