Surprise metropolis with essentially the most disposable earnings revealed – how does YOUR space examine?

Cities with the highest disposable incomes have been revealed, with residents in Brighton having less than half the spending money of those in Belfast.

Belfast topped the list, with those living in the Northern Irish capital having on average £954.66 in disposable income, data from MoneySuperMarket shows. 

Those in Brighton, however, only have around £516 in spending money as more than 75 per cent of income is spent on essential household bills. 

In Belfast, only 60 per cent of income is spent on bills. 

And while unsurprisingly London is the city with the priciest bills – those who live in the capital have the second highest amount of disposable income in Britain. 

On average, Londoners have £943.89 left after essential spending, 63 per cent of their income. 

Cities such as London may have higher bills but higher average wages make up for it. 

The top five cities that have the highest disposable income are Belfast, London, Glasgow, Cardiff and Nottingham. 

Glaswegians on average had £857 to spend after their bills while those in Cardiff and Nottingham had around £830. 

But those in Edinburgh only had £632 after paying all their bills.  

The cities with the least amount of disposable income were Brighton, Edinburgh, Birmingham, Norwich and Southampton.

‘Bills’ include 31 everyday costs such as mortgages, utilities and subscriptions as well as groceries. But with energy prices set to increase following conflict in the Middle East households are bracing themselves for even higher bill costs this year.

The largest increases in bills were seen in life and pet insurance, increasing by 14 per cent and 13 per cent respectively.

Car leasing increased by 13 per cent while water bills were also up 12 per cent. 

But consumers saved on childcare costs, which fell by 8 per cent. Spending on credit card repayments also fell by 7 per cent.  

It comes as surprising new research shows that Britons have £86 more on average left after everyday bills and expenses. 

This represents a rise of 12 per cent over the last three months. 

Cities with the highest disposable incomes can today be revealed, with residents in Brighton having less than half the spending money of those in Belfast

We’re better off in past three months… 

While spending on essentials has increased by 2 per cent since February, average monthly income has also increased by 5 per cent. 

Lis Barton, chief customer officer of MONY Group, said: ‘The latest index shows that, while on average UK households have seen a modest rise in disposable income, people are still spending almost two‑thirds of what they earn on everyday bills and essentials. 

‘With nearly half of Brits expecting their bills and household costs to rise again this year, many are looking for ways to feel more in control of their finances.’

Between February and April this year, the average person in the UK spent £49.25 a day on outgoings – the equivalent of £1,477. This is up from £48.50 in the previous quarter. 

But average earnings also increased by the equivalent of £108.91 a month since the beginning of the year. 

But things may not continue to improve. The energy price cap is set to rise by £200 a year from July following a sharp rise in the price of oil and gas following the war in Iran. 

General inflation of goods and services is also predicted to rise. Almost half of people think that their bills will go up later this year while 14 per cent say they are worried about how they will pay for them.