Liverpool Tops Poll as Best Place to Live
As 2022 came to a close, one of the most exciting locations for property investors in the UK had yet more good news, putting it in an excellent place for the new year.
In their latest City Livability Index, Liverpool has been voted the best place to live and work in the UK by the financial services provider OneFamily.
This saw Liverpool rise up the Index from 2021, where it came in 4th place, to the top of the Index, a reflection of the high level of satisfaction Liverpudlians have with their city and the thriving prospects 2023 brings.
Liverpool ranked highly across the board for key factors such as a manageable cost of living, the pace of life, the happiness of citizens and pride in the city.
In this blog post, we’ll break down why Liverpool is such a popular place to live and work in 2023, and why the future is bright for this North-West city.
Residents’ High Levels of Happiness and Pride
The vast majority of those who live in Liverpool are happy with their life in the city for multiple reasons.
75% of residents are happy with their life in the city, thanks to the wide array of jobs available and the vibrant cultural opportunities.
Numerous major employers have offices or locations within the city, such as McDonalds, Amazon, Tesco and the BBC, as well as banks like Santander. Combine this with the multiple respected universities in Liverpool, and there is a large population of young professionals and students within the city.
Areas such as the Baltic Triangle and LiverpoolONE mean residents have a wide array of eateries, shops, and activities to entertain themselves with, while the city is renowned for its vibrant nightlife scene.
Property in Liverpool is also highly affordable, with the UK House Price Index revealing that the average house price in Liverpool as of October 2022 is £180,049. This is over £100,000 more than the national average of £296,422.
This means Liverpool residents are less affected by the cost of living crisis due to the wide array of affordable housing.
On top of this, the research conducted by OneFamily shows that Liverpudlians are most likely to be positive and proud of their hometown due to this wide range of economic and social factors.