Preston
Households in poverty in Preston pay on average £443 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 Preston
£5.31
Million
Total cost of the poverty premium across the constituency
£443
The average additional cost each affected household in poverty pays per year
97%
What proportion of households in poverty pay a poverty premium?
90th
out of 632
Where does my constituency rank for mean cost of poverty premium per affected household?
1 = highest average poverty premium
3
Average deprivation level across the constituency
Areas are scored from 1 to 10.
1 = most deprived
10 = the least deprived
12,333
How many households are living in poverty?
How much more are people in poverty paying based on the different types of premium in Preston?
£155
Energy poverty premium
paid by 67.00% of households in poverty
£304
Food poverty premium
paid by 44.10% of households in poverty
£226
Insurance poverty premium
paid by 70.20% of households in poverty
£153
Credit poverty premium
paid by 29.80% 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 North West 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.