Salary calculator: how big a pay rise you need in Newcastle to keep up with UK inflation

Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now
Find the wage increase you personally would need to avoid making a loss from inflation

Just like everywhere else across the UK, the people of Newcastle and the North East are facing tough financial times.

The cost of living is skyrocketing with inflation reaching an all-time high of 9% in April.

Hide Ad
Hide Ad

It means the average price of goods a typical Geordie consumer may buy is now costing 9% more than they were 12 months ago.

It's therefore a simple fact that if salaries do not go up, people will be worse off if they do not make drastic cuts to spending.

Analysis of Office for National Statistics (ONS) Pay as You Earn (PAYE) data by NationalWorld has found workers in every part of the UK had a real-terms pay cut this April compared to last, with earnings around 3% lower on average after adjusting for inflation.

In some parts of the country, employees were out of pocket by up to £150 per month, with the average loss standing at £66.

Hide Ad
Hide Ad

Below is a calculator that allows users to enter their current monthly take-home wage, and work out what level of price increase they would need in order to not make a loss as a result of inflation.

Loading....

NewcastleWorld recently talked to locals out in the city centre about the cost of living crisis and asked if they had been forced into any cutbacks,

Pamela said: "Instead of going out and having takeaways, they'll get curbed.

"Not spending wasting money on shopping and clothes too."

Mandy said: "I'll walk as much as I can. We have a car and we do share it, but often I'll walk places if it's within reach and think about getting in the car. Both for environmental reasons as well.

Hide Ad
Hide Ad

"Everybody is more conscious of everything, making sure things are switched off in the house."

Ian said: "You're keeping an eye on things but at the moment it hasn't affected us. I've no doubt it will."

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.