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

-74% vs the City of London
-38% versus Cambridge
-26% versus the UK’s major (core) regional cities

-Colliers, 2015 data

Average Wages

 

-48% versus the City of London
-7% versus the UK’s major (core) provincial cities (average of)

-ONS, 2015 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

 

Compared to London

Colchester offers…

Compared to Cambridge 

Colchester offers…

Compared to Chelmsford

Colchester offers…

Ultra Fast Broadband

Connected and Collaborative

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Who's Investing in Colchester?

Find out what people say about us and why you should choose Colchester. 

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Colchester – Ultra Ready