Burnley named best place to make a living

A new study has found that Burnley is the best place in the UK to make a living.

A major factor in Burnley’s high ranking is its low cost of living, coming first in the index. The town has the lowest average mortgage repayments in the study, while enjoying 4 per cent year-on-year job growth.

Blackburn also ranked fifth on the list, whereas high rent prices and living expensive make London one of the worst places to make a decent living.

TotallyMoney.com head of brand and communications Joe Gardiner said of the research: “While scenery, shopping and a nice local pub are all important, people will always want to live in areas where they can be financially secure. “This research shows us the true financial-health of an area, and that a town which offers high-paying jobs and expensive restaurants won’t necessarily be the best place to make a living."