Banbury
Households in poverty in Banbury pay on average £398 a year in poverty premiums. This is vital money that people on low incomes could be spending in their local economies and helping them keep their heads above water in the cost-of-living crisis.
The impact on Banbury
£3.41
Million
Total cost of the poverty premium across the constituency
£398
The average additional cost each affected household in poverty pays per year
96%
What proportion of households in poverty pay a poverty premium?
277th
out of 632
Where does my constituency rank for mean cost of poverty premium per affected household?
1 = highest average poverty premium
7
Average deprivation level across the constituency
Areas are scored from 1 to 10.
1 = most deprived
10 = the least deprived
8,937
How many households are living in poverty?
How much more are people in poverty paying based on the different types of premium in Banbury?
£162
Energy poverty premium
paid by 62.90% of households in poverty
£291
Food poverty premium
paid by 37.20% of households in poverty
£152
Insurance poverty premium
paid by 63.20% of households in poverty
£136
Credit poverty premium
paid by 28.70% of households in poverty
The National Picture
Below is a breakdown of the poverty premium at a national level.
£2.8
Billion
The total cost of the poverty premium to the british economy
95%
of households in poverty across britain pay a poverty premium
£380
The average additional cost each low-income household pays per year
Banbury Wards
- Adderbury, Bloxham and Bodicote
- Banbury Calthorpe and Easington
- Banbury Cross and Neithrop
- Banbury Grimsbury and Hightown
- Banbury Hardwick
- Banbury Ruscote
- Chadlington and Churchill
- Charlbury and Finstock
- Chipping Norton
- Cropredy, Sibfords and Wroxton
- Deddington
- Kingham, Rollright and Enstone
- The Bartons
Other South East constituencies
Further information
For further information download our briefing or get in touch via fbd@barrowcadbury.org.uk to speak to our team about the findings.