Cost of living crisis: This is how much bills will rise for ‘average’ Sheffield family next month
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This is £257 more per month than a year ago, a 26 per cent rise.
Analysis was based on a family with two adults on average wages and typical bills for Sheffield, living in an averagely-priced semi-detached house on a variable mortgage.
This family will be paying a combined £671.50 in utility bills and council tax from next month, after the new higher energy price cap hits – £189 higher than the same month last year. That is made up of £500 in monthly utilities and £171.50 in band D council tax.
They will also be forking out £745.25 on their monthly mortgage payment, £63.20 more than last year, as interest rates continue to climb.
Taken together, these bills will take up 30 per cent of our average couple's take-home pay, and that is before they pay their council tax.