UK's richest place to live named but it's not London - full list

A has been named as having the highest amount of disposable income and it's a place that might not come as a surprise to some. People living in have an average of £1,315 spare cash per month - more than any other city in the UK, data by This is Money shows.

This is 30% higher than that of those living in London, who have an average disposable income of £1,013. is known for being an due to its vibrant city on the coast. The data provides information on the North-South divide by providing information about the value of money and levels of disposable income, reports the Daily Mail.

Nottingham is third in the list of places with the highest levels of disposable income at £1,055 per month.

According to MoneySuperMarket's Household Money Index, a study that factors in 31 different types of bills and outgoings, research showed that Britons typically have £836 in disposable income each month, depending on where they live.

In the south, Cardiff and Southampton, have £914.38 and £893.07 left over power month on average.

Up towards the north, Liverpool and Leeds have disposable income levels of £541.82 and £543.82.

Meanwhile, in people typically have £871.02 in disposable income after bills and outgoings, and in Manchester people have £869.93.

The with the least disposable income is Bristol, where people have an average of £430.73 in disposable income due to high property prices.

In September 2023, MoneySuperMarket found people across Britain were typically spending 70% of their monthly income on bills and outgoings.

By September 2024, this figure had fallen to 69%, and today's data suggests this has dropped further to 62%.

With higher wages and lower outgoings, people living in usually spend around 45% of their monthly income on bills and outgoings.

Kara Gammell, from MoneySupermarket, said: "While our index shows spending on bills and expenses has dropped by nearly 10% since September, it also highlights a widening gap in disposable income across the UK.

"In some areas, people have three times more disposable income than in others."