Ceredigion Preseli

Households in poverty in Ceredigion Preseli pay on average £370 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.

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The impact on Ceredigion Preseli

£3.18
Million

Total cost of the poverty premium across the constituency

£370

The average additional cost each affected household in poverty pays per year

96%

What proportion of households in poverty pay a poverty premium?

540th
out of 632

Where does my constituency rank for mean cost of poverty premium per affected household?

1 = highest average poverty premium

5

Average deprivation level across the constituency

Areas are scored from 1 to 10.

1 = most deprived

10 = the least deprived

8,978

How many households are living in poverty?

How much more are people in poverty paying based on the different types of premium in Ceredigion Preseli?

£153

Energy poverty premium

paid by 61.30% of households in poverty

£285

Food poverty premium

paid by 36.20% of households in poverty

£154

Insurance poverty premium

paid by 66.00% of households in poverty

£131

Credit poverty premium

paid by 24.60% 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

Other Wales 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.