Advertisement

  1. National

Rising cost of energy bills leaving workers worse-off

Britons are having to work at least three more days a year on average to cover the rising costs of essential bills like gas, water and electricity compared to 2010, according to exclusive research for ITV News.

View all 2 updates ›

Charting the rising cost of essential bills on workers

A combination of rising prices and falling real wages has pushed up the cost of essentials in recent years.

To calculate the impact of the rise, researchers at the Resolution Foundation compared the number of hours a median worker would have to work to pay for gas, water and electricity between 2007 and 2013.

Transport costs were also compared from 2010 to 2013, with the rising cost of an average rail season ticket to London recorded against the median commuter's real wages.

The median hourly wage in 2013 was £11.62 to cover an average £388 water bill, £510 electricity bill, £854 gas bill and £3,760 rail ticket. Credit: ITV News/Resolution Foundation

The figures meant that, compared to 2010, the median rail commuter now has to work the equivalent of 8.6 extra days to meet the cost of transport and utilities.

Removing the rail ticket and focusing only on utility bills, the median worker now has to work the equivalent of 3.1 extra days to meet the cost of their household essentials compared to 2010.

More top news