If you live, work or study in Newcastle then you will know it’s a great place to be. New data from FDM Group names Newcastle as one of the best UK cities for graduates to live and work in.
With cost of living rises across the country and working from home becomes the new norm for many, the graduate job search no longer needs to be isolated to London. Instead, graduates can look further afield to alternative UK cities that offer a wealth of opportunities, along with a more affordable lifestyle.
The best cities for graduates
New research by FDM reveals that Liverpool, Newcastle, Birmingham, Manchester, and Glasgow are the best places to work for graduates, based on the number of jobs, gender pay gap, rental costs, transportation costs, average starting salary, and even the price of a night out!
“As graduates enter the UK’s strongest job market in years, this is an exciting time to start your career. With a significant increase in the number of graduate jobs, there is a lot of opportunity across the country to find your perfect position in many UK cities.
“With this, it’s important to consider salary and the cost of living. While it can be tempting to chase the largest sum, keep in mind that where you live will play a big part in what you actually take home each month.”
Newcastle has more affordable properties than London as well as a rich culture and breathtaking countryside views only a short car ride away.
For graduates, Newcastle offers the lowest property rental prices on FDM’s list, and salaries rivalling those of other big cities. With the average rental cost (per month) of a 2-bedroom home costing £750 and the average salary coming in at £27,896 pa, new starters can see their money stretch further in Newcastle. Newcastle has over 6,000 jobs currently vacant – offering lots of opportunities for grads to find a role here. When it comes to transport, unlimited bus passes are available for £60 a month, and the cost of a night out is about £90.