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Moving to Edinburgh

Katie Cullen
Written by Katie Cullen
18th June 2016 (Last updated on Friday 31st August 2018)

Thinking about moving to Edinburgh? This week, Comparemymove.com will outline what it’s like to set up your new home and live in Edinburgh. Once you decide on the area and type of property you want, you’ll have an endless stream of activities to choose from, from world famous arts festivals, comedy shows, theatre, sports, to a day of shopping and enjoying a meal out.

Edinburgh is a vibrant city rich in both history and culture. The Capital of Scotland is a hub for employment and industry, and compared to other major UK cities, is affordable to live in, whether you’re a student, young professional or have a family.

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This article will cover the following points

Moving To Edinburgh: Facts and Figures Property in Edinburgh Jobs in Edinburgh Where to Live in Edinburgh Schools and Education in Edinburgh Transport Around Edinburgh What is there to do if you move to Edinburgh? Compare My Move in Edinburgh

Moving To Edinburgh: Facts and Figures

  • Average house price (rent): £800
  • Average hour price: £229,940
  • Average flat price (rent): £650 (per month)
  • Average flat price: £340,000
  • Average pint: £3.50
  • Average meal price: £10
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Property in Edinburgh

If you’re looking to move to Edinburgh, you’re going to need somewhere to live! Luckily, although it’s a capital city, Edinburgh is much more affordable than cities like London or Bristol.

However, as you might expect, properties in the city centre are significantly pricier than those on the outskirts.

The average property price in Edinburgh is £229,940. City centre flats cost £340,000, and once you venture outwards, a three-bed house costs £200,000.

If you’re looking at rental properties, the average one-bed apartment is £650 per month, and a three-bed apartment is £1000 per month.

Moving outside the city centre offers cheaper rentals, with a one-bed flat costing £500 per month, and a house in the suburbs £800 per month.

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Jobs in Edinburgh

The job market in Scotland is very healthy and growing. The country’s GDP outperformed the UK average with economic output at over £35,000 per head. But specifically in Edinburgh, the economy is strong: it's only second in the UK to London! 

Employment rates are good, as Edinburgh has the lowest job seekers allowance claims with just 3.2% of the population claiming benefits. Plus, it's truly a professional city, with the biggest percentage of residents being classed as professionals in the UK (a huge 43%)

If you’re moving to Edinburgh, here are some of the key sectors you may want to explore when you arrive:

Finance

This has always been a major industry in modern Edinburgh, and has been a focal point for Scottish banking for more than 300 years. Major employers include the Bank of Scotland, Standard Life and Scottish Widows. Edinburgh is second to London for financial services, but beats the rest of the UK by a margin.

Tech and Digital

This is a thriving industry that is popular with start-up companies. The three top universities in Scotland provide a huge amount of research in this area. Industry leaders based in Edinburgh include Skyscanner, PureLifi, and Rockstar North.

Creative

Edinburgh is known as the cultural capital of Scotland, with 12 major festivals including the world famous Fringe Festival generating millions for the Edinburgh economy. These cultural events mean a whole host of job opportunities for musicians, artists and performers, so if you are a creative you can always look to join! Edinburgh’s film and TV sector rivals London, while the media and communications sectors are among the top in the UK, generating a huge £1 billion in 2013 alone.

Tourism

Edinburgh in one of Scotland's most popular tourist destinations, and is a key element of its economy. Every year visitors bring in £1.6 billion to the city's economy. The combination of its historic beauty and impressive architecture make it a perfect place for tourism workers.

Renewable Energy

Edinburgh specialises in developing offshore wind power, and is key in Scotland's renewable energy effort.

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Where to Live in Edinburgh

When you’re looking for a property, you might also want to consider the area you live in. Different areas can appeal to different demographics, whether you’re looking for family friendly places, student areas or up and coming places.

Family friendly

Morningside is popular, upmarket area with good schools, independent shops, cafes and pubs for the whole family to enjoy.

Stockbridge is an area north of the centre with amazing cobbled streets and classic architecture, popular with both families and tourists alike.

Upmarket Areas

New Town is popular with professionals, and is one of the more wealthier areas in Edinburgh. The historic area was built during the 18th and 19th century, and is made up of Georgian townhouses, wide avenues and independent retail.

Young and Vibrant

Calton Hill is near the vibrant pub, bar, nightclub and restaurant scene, popular with younger people. So if you enjoy going out and socialising, this is the place for you!

Up and Coming

Leith is an old shipping port in Edinburgh that has recently been rejuvenated and is now home to highly regarded seafood restaurants and flourishing pub and shops.

Rent and House Prices in Edinburgh Areas

**Current Average House Price for January 2018 Zoopla Zed-Index
*Current average monthly asking rent January 2018 Zoopla
AreaRent Per Month (3 Bedrooms)*Price to Buy**
Morningside£1,179£425,244
Stockbridge-£210,200
New Town£3,126£499,757
Calton Hill£3,460£444,134
Leith£1,239£219,572

Schools and Education in Edinburgh

Are you moving to Edinburgh with children? Then you'll want to know about schooling. Luckily, Edinburgh is known for having some of the top primary and secondary education in the country, and is renowned for its universities. 

The capital has 77 state primary schools and 20 state secondary schools within the city bounds. In addition, there are 15 private and boarding schools within Edinburgh, many of which are highly regarded in the UK.

For older students, the University of Edinburgh is also very prestigious, and the city is very student friendly.

Transport Around Edinburgh

Edinburgh is largely a walking city,  the public transport is very useful and easy to navigate, mainly through trams and bus services. Day tickets cost approximately £4.00, and monthly travel tickets are usually £65. Edinburgh is also cycling-friendly, with paths and lanes helping your commute.

What is there to do if you move to Edinburgh?

Edinburgh isn’t a huge city, but you will never be bored with the multitude of activities on offer for people of all ages!

Take Advantage of all the Entertainment

Whether its music, comedy, theatre or any of the arts festivals, when you move to Edinburgh, you should definitely make sure you attend any one of these forms of entertainment. The city hosts several festivals throughout the year, including the largest arts festival in the world, the Edinburgh Fringe Festival, so make sure you take a look!

Enjoy the Outdoors

Edinburgh is a great walking city with historic sites and amazing views to enjoy. Visiting Edinburgh Castle makes for a great day out with the family or friends– you can absorb history by viewing the Crown Jewels and Stone of Destiny, and then relax by taking in the beautiful city views.

Walking around Holyrood park is another option for a day out, where you can also enjoy panoramic views from Arthur’s Seat.

Watch the Football or Rugby

If you’re a fan of sports, you will certainly enjoy the historic football stadiums within Edinburgh. Find Hibernian at Easter Road and Hearts at Tynecastle.

If rugby is your choice of sport, you can see the Scottish national team play at Murrayfield. There is nothing like the atmosphere during the 6 Nations Championship.

Visit the Shops or Enjoy a Meal

Edinburgh is famous for its independent shops, boutiques and record shops, with popular areas such as Central St James shopping centre or the Gyle centre, located west of the city centre.

The city offers a range of options for eating out and drinking, with everything from Michelin starred restaurants to cheap meals for £10. Drinking is similar to the UK average, with a beer costing £3.50 a pint.

Compare My Move in Edinburgh

We hope this ultimate guide to moving to Edinburgh has helped your research into your big move to the Scottish capital. We work with the best in UK and Edinburgh removal companies to save you time and money on moving day. We'll link you with up to 6 professional and local removal companies, verified by us and reviewed by you.