Amidst the ongoing cost of living crisis, Peterborough emerges as the most affordable city in the UK for families. A comprehensive study by Shepherds Friendly analyzed key factors such as housing costs, childcare expenses, utilities, and income levels in 40 cities. Peterborough stood out with its low childcare costs (averaging £700 per month) and affordable utilities (around £160 per month). Despite relatively higher property prices compared to some areas, Peterborough remains significantly cheaper than major cities like London and Cambridge. Aside from its affordability, Peterborough offers an array of attractions for families, including historical landmarks, nature reserves, and outdoor recreation options.