Cost of living Annual cost of premises
Rent In order to work out what our average salaries needed to be, we first need to work out our individual cost of living. I have looked at various 1 bed flats in Leeds, within travelling distance of Duke Studios, near the bus station, in order to locate the most feasible and appropriate residence.
Council Tax Full council tax is charged where 2 or more adults live in a property, and for a ‘long-term empty’ property. If only one person lives in a property, a 25% discount is given.
The council tax prices are broken up into different ‘bands’ and the majority of places I looked at were either A or B. I have therefore chosen the average - £870.93.