A Competitive Cost Base for Business
An economical base for your business.
From office rent to energy and water, Colchester boasts competitive prices compared to main cities in the region. Combined with the arrival of Ultra Fast Broadband to the Town Centre which will enable businesses to experience connections speeds up to 99% higher than those available across the UK, Colchester is an economical and dynamic place to base your enterprise.
Prime Office Rents
-73% vs the City of London
-49% versus Cambridge
-33% versus the UK’s major (core) regional cities
-Colliers, June 2017
Average Wages
-188% versus the City of London
-98.3% versus the UK’s major (core) provincial cities (average of)
-ONS, 2017 data
Comparison of Cost of Living in Colchester
Comparison of cost of living in Colchester
Compared to London, Colchester offers
Consumer prices 15.91% lower Consumer prices including rent 37.65% lower Rent prices 64.44% lower Restaurant prices 15.06% lower Groceries prices 8.96% lower Local purchasing power 9.65% lower
Compared to Cambridge, Colchester offers
Consumer prices 5.24% lower Consumer prices including rent 16.06% lower Rent prices 37.01% lower Restaurant prices 8.60% lower Groceries prices 9.42% lower Local purchasing power 36.82% lower
Compared to Chelmsford, Colchester offers
Consumer prices 0.44% higher Consumer prices including rent 12.22% lower Rent prices 35.81% lower Restaurant prices 2.65% lower Groceries prices 3.02% higher Local purchasing power 35.39% lower
Ultra Fast Broadband
Connected and Collaborative
Who's Investing in Colchester?
Find out what people say about us and why you should choose Colchester.