Back to school - the real cost
Fri, Sep 06, 2019
This cost is equivalent to 4.31 months’ of a mortgage repayment or 3.31 months’ of average rent, although there are substantial regional variations.
Across the North East and Yorkshire and the Humber, the total cost of kitting out a child is more than eight times an average monthly mortgage repayment, while across London the cost of two months’ rent is on par with school uniform costs.
Across the country, 8.4 million children have returned to school this week, a total uniform bill in the region of £2.4 billion!