St Margaret's, Ipswich: Living Costs
Cost of Living
Living costs in St Margaret's average around £720 a month, which is higher than the UK average of £640. Groceries and transport are the main culprits — they're both well above what you'd pay elsewhere in the country.
Utilities and council tax are actually slightly cheaper than the national average, which helps a bit. But groceries cost £280 a month here compared to £224 nationally, and transport runs to £150 against the UK's £103. Those two alone add roughly £100 a month to what a household spends.
If you're a landlord, higher living costs can affect how affordable the neighbourhood feels to tenants and how much demand you'll see. Factor this into your rental pricing. The strong transport links often make the extra spending worthwhile for commuters, which tends to keep rental demand steady in neighbourhoods like this one.
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Living cost comparison
Higher than
UK Average
Higher than
Alexandra
Higher than
Rushmere
Similar to
Whitton
Higher than
Westgate
Higher than
Castle Hill
Higher than
Carlford & Fynn Valley
Estimated Living Costs
Annually
Monthly
Utilities
£1,440
Internet
£360
Council Tax
£2,437
Groceries
£3,360
Transport
£1,800
Council tax in St Margaret's, 2026-27
In St Margaret's (Ipswich), estimated 2026-27 council tax is about £203 a month for a couple and £152 for a single person (most common band: A, £1,646 a year).
| Household | Per month | Per year |
|---|---|---|
| Single person | £152 | £1,828 |
| Couple | £203 | £2,437 |
| Family | £203 | £2,437 |
| Single parent | £152 | £1,828 |
Most common band in St Margaret's: A (£1,645.50 a year before discounts).
| Band | Per year |
|---|---|
| Band A | £1,645.50 |
| Band B | £1,919.75 |
| Band C | £2,194.00 |
| Band D | £2,468.25 |
| Band E | £3,016.75 |
| Band F | £3,565.25 |
| Band G | £4,113.75 |
| Band H | £4,936.50 |
- Ward averages based on the mix of homes in each band, not a bill for a specific home.
- Single person and single parent figures include the 25% single-person discount.
- Estimated from ONS, Ofgem and Census data. Council: Ipswich.
