A new study has found that the North East is the UK region where people are spending the highest proportion of their outgoings on furniture.
Home furnishing experts Englanderline analysed the latest available data to determine which areas in the UK spend the most on furniture. The research revealed how much each region spend on the commodity as a proportion of its overall weekly outgoings.
The average yearly (52 weeks) furniture expenditure in the North East is ยฃ1,092. Of that, ยฃ884 is spent on furniture and furnishings, whilst a further ยฃ187.20 is spent on carpets and other floor coverings. Breaking those figures down, it means that 4.57% of people in the regionโs overall weekly outgoings is spent on furniture, which is the highest out of anywhere in the UK.
With an average of 4.22% of peopleโs overall weekly outgoings spent on furniture, Yorkshire and The Humber ranked in second. The research showed that the regionโs average yearly household expenditure amounts to ยฃ1,045. Of that, ยฃ852.80 is spent on furniture and furnishings, whilst ยฃ197.60 is spent on carpets and other floor coverings.
With the third highest proportion of weekly outgoings spent on furniture (3.83%), the East of England ranked in third. On average, yearly furniture expenditure amounts to ยฃ1,138, a figure that is higher than both the North East and Yorkshire and The Humber.
Wales ranked in fourth (3.76%). The Welshโs average yearly furniture expenditure amounts to ยฃ962, which is the lowest out of any of the regions in the top five.
With an average of 3.68% of peopleโs weekly outgoings spent on furniture, the North West followed next. Spending just ยฃ10.40 more than Wales each year, the average total yearly expenditure in the region amounts to ยฃ972.40.
The East Midlands ranked in sixth (3.67%), although the average yearly carpets and floor coverings expenditure is the highest of any region (ยฃ260). Meanwhile, the South West, which ranked in seventh (3.62%), is the region with the highest average yearly furniture and furnishings expenditure (ยฃ962).
On the opposite end of the scale, London is the region where people are spending the smallest proportion of their weekly outgoings on furniture (2.67%). Englandโs capital also has the joint lowest average yearly expenditure on carpets and floor coverings (ยฃ145.60).
Scotland ranked in 13 (3.23%). The Scottish also have the lowest yearly furniture expenditure, with people spending an average of just ยฃ816.40 on the commodity each year.
The South East ranked in 12th for the proportion of peopleโs weekly outgoings on furniture (3.26%), although the region does have the second highest average yearly expenditure for carpets and floor coverings (ยฃ234).
Although it is the region with the lowest yearly expenditure for carpets and floor coverings (ยฃ130), Northern Ireland ranked in eleventh (3.49%). Meanwhile, on average, the people of the United Kingdom on the whole spend 3.5% of their weekly outgoings on furniture.
England (3.51%) and the West Midlands (3.59%) ranked in ninth and eighth respectively.
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