Kill bill: The cost of council tax, TV, phone, broadband, gas, water and electricity bills has increased twice as fast as salaries over the past decade

 
Shruti Tripathi Chopra
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Londoners will fork out the most (£601,638) on basic bills over the course of their lives (Source: Getty)

The cost of household bills has increased twice as fast as salaries over the past decade, according to a new study by Santander.

The research found basic household bills, including council tax, TV, phone, broadband, gas, water and electricity, have increased by an average of 43 per cent in the last decade. The rise is greater than the increase in the rate of inflation (32.3 per cent) and median wages (19.2 per cent) seen over the last 10 years.

The biggest rises were seen in gas and electricity which increased by 73 per cent and 72 per cent respectively in the last decade. While water bills have soared by 41 per cent, council tax has risen by 27 per cent and TV, phone and broadband prices have all risen 24 per cent.

The study pointed out an eighth (13 per cent) of the average UK adult’s salary is spent paying basic domestic bills. It also found that the average Brit will spend nearly £525,000 on basic household bills over their lifetimes.

Londoners will fork out the most (£601,638) on basic bills over the course of their lives, closely followed by people in the south east (£580,566).

Read more: Here's how much you'll be able to reclaim for overpaying on energy bills

Price rises over the past decade

Year

2006

2016

Change

Inflation

3.20 per cent

1.80 per cent

32.2 per cent

Median wage

£19,375

£23,099

19.2 per cent

Household bills

£2,148

£3,063

42.6 per cent

Read more: Weak income growth set to hit poor households with children

Total lifetime expenditure and income

Region

Median annual salary

2017 spend on bills

Lifetime spend on bills

Share of income

London

£32,326

£3,608

£601,638

11.2 per cent

North East

£21,788

£2,758

£459,861

12.7 per cent

Scotland

£23,537

£3,028

£504,796

12.9 per cent

West Midlands

£22,333

£2,886

£481,117

12.9 per cent

Yorkshire and The Humber

£21,808

£2,945

£491,049

13.5 per cent

South East

£25,205

£3,482

£580,566

13.8 per cent

North West

£22,192

£3,075

£512,639

13.9 per cent

Wales

£21,372

£2,989

£498,386

14 per cent

East

£22,978

£3,223

£537,402

14 per cent

East Midlands

£21,744

£3,099

£516,699

14.3 per cent

South West

£21,824

£3,308

£551,605

15.2 per cent

United Kingdom

£23,723

£3,145

£524,464

13.3 per cent

Matt Hall, head of banking and unsecured credit at Santander, said:

Households have been hit hard as the cost of bills and other goods continue to rise. With increased prices across a variety of key household items, families will be looking for ways to make their money go further.

There are a number of things people can do to reduce the cost of their household bills. From installing home energy monitors to analysing their energy usage or changing their electricity supplier or mobile provider, people can save a small fortune.

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