The most expensive and affordable places to retire in the UK have been ranked, with 14 out of the 20 most affordable places found to be in the North of England.
London was named the most expensive place to retire in the UK, with the cost of living before rent currently totalling £1,039 per person per month in the capital.
Those looking to retire in London would need to have an average retirement pot of £187,020 over 15 years post-retirement, or £423,912 if they live to 100.
Despite the North of England standing out in the top 20 most affordable places to retire, Leeds is the most expensive place to retire in the UK outside of London.
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The research, by money experts at the personal loan company Sambla, found the cost of living in Leeds is £843 per person per month before rent.
Retirees living in the city would typically need a retirement fund of £151,740, or £343,944 if they lived to 100.
The City of Westminster, Maidstone, and Birmingham made up the rest of the top five most expensive UK places to retire.
Sambla compared the cost of living before rent in the UK's top 100 most populated towns and cities, with the current retirement age of 66 and average life expectancy, to determine the most expensive and affordable places for Britons to retire in the UK.
The South East of England was found to be a particularly expensive part of the UK for retirement, with seven out of the top 20 towns on the list located there.
This includes Greater London, City of Westminster, Maidstone, Chelmsford, Eastbourne, Brighton and Worthing.
At the other end of the scale, St Helens was ranked as the most affordable place to retire in the UK, with a cost of living of £565 per person per month, before rent.
The retirement fund typically needed would be £101,718 or £230,561 if a person lived to 100, the money experts found.
With a cost of living of £583 per person per month before rent, Rochdale is the second cheapest place to retire, while Preston was just behind with £584.
The Top 20 Most Expensive Places to Retire in the UK
London
- Cost of living pp/pm: £1,039
- Retirement fund: £187,020
- Retirement fund (if lived to 100): £423,912
Leeds
- Cost of living pp/pm: £843
- Retirement fund: £151,740
- Retirement fund (if lived to 100): £343,944
City of Westminster
- Cost of living pp/pm: £835
- Retirement fund: £150,300
- Retirement fund (if lived to 100): £340,680
Maidstone
- Cost of living pp/pm: £832
- Retirement fund: £149,760
- Retirement fund (if lived to 100): £339,456
Birmingham
- Cost of living pp/pm: £816
- Retirement fund: £146,880
- Retirement fund (if lived to 100): £332,928
Lincoln
- Cost of living pp/pm: £810
- Retirement fund: £145,800
- Retirement fund (if lived to 100): £330,480
Chelmsford
- Cost of living pp/pm: £806
- Retirement fund: £145,080
- Retirement fund (if lived to 100): £328,848
Manchester
- Cost of living pp/pm: £790
- Retirement fund: £142,200
- Retirement fund (if lived to 100): £322,320
Milton Keynes
- Cost of living pp/pm: £789
- Retirement fund: £142,020
- Retirement fund (if lived to 100): £321,912
Cambridge
- Cost of living pp/pm: £789
- Retirement fund: £142,020
- Retirement fund (if lived to 100): £321,912
Bath
- Cost of living pp/pm: £785
- Retirement fund: £141,300
- Retirement fund (if lived to 100): £320,280
Eastbourne
- Cost of living pp/pm: £777
- Retirement fund: £139,860
- Retirement fund (if lived to 100): £317,016
Liverpool
- Cost of living pp/pm: £774
- Retirement fund: £139,320
- Retirement fund (if lived to 100): £315,792
Glasgow
- Cost of living pp/pm: £767
- Retirement fund: £138,060
- Retirement fund (if lived to 100): £312,936
Woking
- Cost of living pp/pm: £766
- Retirement fund: £137,898
- Retirement fund (if lived to 100): £312,569
Reading
- Cost of living pp/pm: £763
- Retirement fund: £137,340
- Retirement fund (if lived to 100): £311,304
Bristol
- Cost of living pp/pm: £762
- Retirement fund: £137,160
- Retirement fund (if lived to 100): £310,896
Brighton
- Cost of living pp/pm: £762
- Retirement fund: £137,160
- Retirement fund (if lived to 100): £310,896
Worthing
- Cost of living pp/pm: £759
- Retirement fund: £136,620
- Retirement fund (if lived to 100): £309,672
Derby
- Cost of living pp/pm: £9,096
- Retirement fund: £136,440
- Retirement fund (if lived to 100): £309,264
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Leeds has been ranked as the second most expensive place to retire, with London taking first place
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The Top 20 Most Affordable Places to Retire in the UK
St Helens
- Cost of living pp/pm: £565
- Retirement fund: £101,718
- Retirement fund (if lived to 100): £230,561
Rochdale
- Cost of living pp/pm: £583
- Retirement fund: £104,922
- Retirement fund (if lived to 100): £237,823
Preston
- Cost of living pp/pm: £584
- Retirement fund: £105,156
- Retirement fund (if lived to 100): £238,354
Harlow
- Cost of living pp/pm: £589
- Retirement fund: £105,930
- Retirement fund (if lived to 100): £240,108
Blackburn
- Cost of living pp/pm: £598
- Retirement fund: £107,640
- Retirement fund (if lived to 100): £243,984
Kingston upon Hull
- Cost of living pp/pm: £610
- Retirement fund: £109,764
- Retirement fund (if lived to 100): £248,798
Rotherham
- Cost of living pp/pm: £625
- Retirement fund: £112,500
- Retirement fund (if lived to 100): £255,000
Wigan
- Cost of living pp/pm: £630
- Retirement fund: £113,382
- Retirement fund (if lived to 100): £256,999
Bolton
- Cost of living pp/pm: £634
- Retirement fund: £114,120
- Retirement fund (if lived to 100): £258,672
Oldham
- Cost of living pp/pm: £635
- Retirement fund: £114,300
- Retirement fund (if lived to 100): £259,080
Warrington
- Cost of living pp/pm: £636
- Retirement fund: £114,480
- Retirement fund (if lived to 100): £259,488
Dudley
- Cost of living pp/pm: £644
- Retirement fund: £115,920
- Retirement fund (if lived to 100): £262,752
West Bromwich
- Cost of living pp/pm: £645
- Retirement fund: £116,100
- Retirement fund (if lived to 100): £263,160
Doncaster
- Cost of living pp/pm: £647
- Retirement fund: £116,460
- Retirement fund (if lived to 100): £263,976
Aberdeen
- Cost of living pp/pm: £650
- Retirement fund: £117,000
- Retirement fund (if lived to 100): £265,200
Sunderland
- Cost of living pp/pm: £652
- Retirement fund: £117,360
- Retirement fund (if lived to 100): £266,016
Slough
- Cost of living pp/pm: £654
- Retirement fund: £117,720
- Retirement fund (if lived to 100): £266,832
Telford
- Cost of living pp/pm: £654
- Retirement fund: £117,720
- Retirement fund (if lived to 100): £266,832
Chester
- Cost of living pp/pm: £655
- Retirement fund: £117,954
- Retirement fund (if lived to 100): £267,362
Bradford
- Cost of living pp/pm: £657
- Retirement fund: £118,260
- Retirement fund (if lived to 100): £268,056
