Is Haymarket Expensive?

Edinburgh, United Kingdom

+5% vs Edinburgh avg

Living in Haymarket, Edinburgh

Haymarket is a moderately-priced area within Edinburgh, with a cost of living index of 65.2 — that is +5% compared to the Edinburgh average. It sits around the middle of the pack at #8 out of 18 neighborhoods. Estimated rent for a one-bedroom apartment here is around £1,028/month, compared to a range of £764 in Gorgie to £1,224 in New Town.

Monthly Budget Breakdown

For a typical resident of Haymarket, housing takes up roughly 40% of monthly expenses. Food and groceries account for about 17%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately £41,114 before tax.

Typical Salaries in Haymarket

Salaries in Haymarket reflect the local cost of living. Based on the neighborhood COLI of 65.2:

After tax and deductions of 25.4% in United Kingdom, take-home pay for someone earning £41,114 would be roughly £30,671/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

65.2
COLI Index
1.05x
vs City Avg
£1,028
Est. 1BR Rent
#8
of 18 Areas
25.4%
Total Deductions

Tax & Deductions in Haymarket

Estimated annual deductions on a £36,822 salary in Haymarket, Edinburgh (local employee).

Income Tax
13%
National Insurance (NI)
8.0%
Council Tax (avg) (est.)
4.3%
Total Deductions: 25.4%
Est. Take-Home: £27,451/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Haymarket would need to be elsewhere:

City Currency Equivalent
New York USD $48,900
London GBP £42,083
Dubai AED AED 244,685

Other Neighborhoods in Edinburgh

Neighborhood COLI Multiplier vs Avg
New Town 77.6 1.25x +25%
Old Town 73.3 1.18x +18%
Stockbridge 71.4 1.15x +15%
Dean Village 71.4 1.15x +15%
Morningside 68.3 1.10x +10%

View all 18 neighborhoods in Edinburgh →

Convert Your Salary

See exactly what you need to earn in Haymarket, Edinburgh to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Haymarket:

Southern Highlands, Las Vegas Töölö, Helsinki Kulosaari, Helsinki Museum District, Houston Bellaire, Houston Cabbagetown, Toronto

Frequently Asked Questions

Is Haymarket expensive in Edinburgh?

Haymarket is near the city average for Edinburgh. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Haymarket compare to the Edinburgh average?

The cost of living in Haymarket is above the Edinburgh average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include UK Office for National Statistics · HM Revenue & Customs · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.