Choosing which city to live in can be tricky, but a new study has revealed the best place to live, depending on your age. The results may surprise you.
Credit Experts TotallyMoney has taken an in-depth look into metrics such as average house price, salary and crime rate in order to determine the best location depending on what you need at your stage in life.
Derby comes out on top
The city of Derby ranks as the top place to live as a single young professional.
The high local take-home salary of around £2,125, low rent of £494.44 and housing cost of £158,998.00 make it a great location for young people who are looking to save.
Research found that only 23 per cent of income is spent on rent in Derby, which is the lowest in the UK. This leaves young people with plenty of spare cash, which they could spend at one of the 70 bars and pubs in the city - with an average cost of £3.00 a pint.
Leeds takes second spot
The vibrant city of Leeds claims the second spot as one of the best places for single young professionals to live.
Leeds has over 100 bars and pubs to choose from, which is perfect for those looking to have a drink after work or for those looking to meet new people.
The city can also offer young professionals a number of job opportunities as there are more than 399,000 jobs currently available.
Research found that the Yorkshire city offers a generous take-home salary of £1,862, making it a great place to start your career in.
The vibrant city of Leeds claims the second spot as one of the best places for single young professionals to live (Photo: Shutterstock)
London scrapes into the top 10
Cities also included in the top five for young professionals include Reading, Bradford and Coventry, with an average monthly take-home salary of £2,365, £1,384, and £2,083 respectively.
Although London is a popular place to live for many people, it only ranks as the ninth best place to live for single young professionals, and the research shows that it fares poorly across the board for every life stage.
London has high costs across rent and homes, with the average price of a house being£477,856.33, alongside a high population.
This means there are more people taking up opportunities and using facilities, and so the capital doesn’t offer much over other cities.