City Comparison · 2026

Milton Keynes vs Peterborough 2026

South East England

Milton Keynes

Median Salary £38,500

Cost of Living 78/100

Avg Rent (1 bed) £1,100/mo

Real Take-Home £26,800/yr

Job Growth ↑ 5.5%

Unemployment 3.2%

East of England

Peterborough

Median Salary £30,500

Cost of Living 67/100

Avg Rent (1 bed) £800/mo

Real Take-Home £23,500/yr

Job Growth ↑ 3.8%

Unemployment 4.8%

Verdict

Which City Wins?

Best Real-Terms Salary

Milton Keynes

Best take-home pay after accounting for rent and cost of living.

Best for Affordability

Peterborough

Lower cost of living index means your money goes further every day.

Highest Headline Salary

Milton Keynes

Higher median salary before cost of living is taken into account.

Lowest Rent

Peterborough

More affordable average rents leave more of your salary in your pocket.

Best for Career Growth

Milton Keynes

Higher job growth rate and more active job market for ambitious professionals.

Best Overall Value

Milton Keynes

When salary, cost of living and rent are all considered together.

Top Salaries: Milton Keynes vs Peterborough

Milton Keynes

Milton Keynes is one of the UK's fastest growing cities with a strong business services and technology sector.

Full Milton Keynes Guide →

Peterborough

Peterborough is a major logistics and distribution hub with excellent road and rail connections to London.

Full Peterborough Guide →

Live Jobs

Jobs in Milton Keynes

Browse live Milton Keynes vacancies on Reed right now.

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Live Jobs

Jobs in Peterborough

Browse live Peterborough vacancies on Reed right now.

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Manchester vs Peterborough

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