Single people are paying thousands more a year in Britain
A new analysis by Uswitch.com has revealed that single people are paying thousands more a year
Living alone is not cheap in Britain today (
Image: Getty)
Single people around the UK might be unknowingly shelling out thousands of pounds more a year than others. Analysis has shown that those living alone are coughing up an average of £3,844 more each year compared to lovebirds cohabiting with their other half.
The figure comes from research conducted by Uswitch.com, the comparison and switching service. The data indicates that household bills take up more than 54% of single people's monthly income.
With the cost of living on the rise, it's no wonder that more than one in ten individuals living alone have resorted to using credit cards to pay for household bills as a way to juggle their finances, while some have even paused or postponed bill payments. The financial pinch is so severe that 15% have confessed they've considered staying in relationships just to keep costs at bay.
Alanna Manktelow has experienced the sting of 'single tax' firsthand
Edinburgh-based singleton Alanna Manktelow has experienced the sting of these costs firsthand. She shared her plight, saying: "My household costs - including mortgage, gas, electricity, and council tax - total around £1,300. I used to split the majority of these costs, but now living alone, I feel the full impact. Before, I could save for holidays or nights out, but now I struggle to cover essentials."
The 29-year-old added: "I thought living alone would mean lower bills, but single-person council tax relief barely helps in this cost-of-living crisis. I used to split food and household shopping with my housemate, but now cooking for one is too expensive, so I often eat at my parents' house. Although I'm grateful for their help, I want to support myself and remain independent," reports Edinburgh Live.
"I've had to cut back on socialising to afford my bills, but this affects my mental well-being. The rising costs are worrying - I worked hard to buy my flat, and I'd be devastated if I had to give it up."
The comparison between costs revealed in this research is concerning. Broadband can cost £42.90 for a single customer compared to £30.10 for a couple - with an average annual difference in costs of £153.60.
Council tax adds up to an average £398.40 more for single bill payers and £441.60 more for energy bills. To combat these numbers, Max Beckett, telecoms expert at Uswitch.com, believes businesses should be doing more to help.
He said: "The 'single person tax' hasn't gone away, and our data shows that those who live alone continue to bear the greatest financial strain. From rent and utilities to grocery shopping, solo living means covering every expense without the benefit of splitting costs, making financial pressures even more intense.
Data show that household bills take up more than 54% of single people's monthly income (
Image:
Getty Images/Radius Images)
"Uswitch's data shows that the UK's singles are cutting back on energy, broadband, and grocery spending, while 'luxuries' such as Netflix and takeaways are also off the agenda for many. Businesses would do well to remember that single bill payers account for nearly one in three households, so home service providers could do more to offer affordable products to these groups - or they may join the list of cutbacks single bill payers have already made."