Summary
A report by the Policy Centre Jersey found that people in Jersey are most concerned about the high prices of housing and groceries. The survey of 1,000 residents indicates that these costs are especially challenging for young adults and single parents. The report also highlights that groceries in Jersey are significantly more expensive compared to the UK.
Key Facts
- The Policy Centre Jersey surveyed 1,000 residents about the cost of living in January 2025.
- Housing is the top concern for people aged 17 to 34 in Jersey.
- Groceries in Jersey cost about 14% more than in the UK.
- 64% of people in Jersey view the cost of living as a major issue, with 82% of single parents agreeing.
- Real earnings in Jersey have fallen by 3.3% since 2020.
- The average house price in Jersey is £569,000, similar to London's average.
- Low-income households in Jersey may pay up to 48% more for groceries than those in the UK.
- The report suggests increasing housing supply and encouraging low-cost retail to help reduce living costs.
