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Welcome

It is never easy to plan for your future when you don’t know how much you need to be saving!

Liberty Wealth’s interactive infographic calculates the cost of living in the UK and demonstrates how much you are likely to pay in the future based on an average inflation rate of 2.5%.

Scroll down to view statistics based on todays rates and gain an insight into your financial future by selecting a year.

All data correct as of 1st July 2013

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School
£88,756.00

Education

In 2013 the cost of going through university totals at £88,756.00. This includes student fees, rent, food, household goods, insurance, personal items, travel and leisure.

Data sourced from What are the costs of study and living?

Church
£20,000.00

Marriage

In 2013, the average cost of a wedding totals at £20,000.00. This includes your wedding dress, venue hire and catering among other things.

Data sourced from 50 Cheap Wedding Tips

Car
£27,519.00

Car

Based on current automotive trends, the average cost of a new car in 2013 totals at £27,519.00. This is based on the average price of a new car within the UK.

Data sourced from Driven Data - New car price index

Playhouse
£222,458.00

Children

In 2013, the cost of raising a child through to the age of 21 totals at £222,458.00. This includes a variety of expenses, including education, childcare and food.

Data sourced from How much does it cost to raise a child in 2013 compared to a decade ago?

House
£161,969.00

House

Based on current property price trends, in 2013 the average cost of a new house totals at £161,969.00. This is based on the average price of a new house across the UK.

Data sourced from Land Registry for England and Wales

Airport
£3,792.50

Holidays

Based on current travel trends, the average cost of a family holiday in 2013 totals at £3,792.50. This includes the holiday, spending money and new holiday clothes

Data sourced from Families 'Miscalculate' True Cost Of A Holiday

Park
£1,086,500.00

Retirement

In 2013, the average cost of retirement for someone who retires at the age of 65 through to the age of 85 totals at £1,086,500.00

Data sourced from Average earnings rise by 1.4% to £26,500, says ONS

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