How Much Do You Need to Retire in South Hams?
South Hams offers a 2% above average cost of living compared to the UK average. With average house prices at £346,730 and annual living costs of £38,760, here's what you need to know about retiring comfortably in South Hams.
About Retirement Planning in South Hams
South Hams has an average house price of £346,730, which is 18% higher than the UK average of £295,000 (ONS UK House Price Index, March 2026).
Annual living costs in South Hams are estimated at £38,760, above the UK average of £38,000, reflecting the local cost of living in South West.
The local property market offers a range of options for retirees, from flats to family homes, at prices reflecting local demand and supply.
Data sources: ONS UK House Price Index, ONS Family Spending Survey, Land Registry.
Your South Hams Retirement Number
per year
£12,548
£12,548/yr at age 67
£26,212
Annual costs − State Pension
£655,300
25× gap (4% rule)
This does not include your primary residence
Based on 4% withdrawal rate · South Hams cost of living data · UK State Pension 2026/27
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Explore Other Locations in South West
| Location | Region | Avg House Price | Living Costs | Avg retirement number @ 4% SWR | Avg total net worth required |
|---|---|---|---|---|---|
| How much do you need to retire in Bath and North East Somerset | South West | £405,568 | £38,760 | £655,300 | £1,060,868 |
| How much do you need to retire in Bournemouth Christchurch and Poole | South West | £308,248 | £35,340 | £569,800 | £878,048 |
| How much do you need to retire in Bristol | South West | £347,715 | £38,760 | £655,300 | £1,003,015 |
| How much do you need to retire in Cheltenham | South West | £327,380 | £38,760 | £655,300 | £982,680 |
| How much do you need to retire in Cornwall | South West | £275,395 | £38,760 | £655,300 | £930,695 |
| How much do you need to retire in Cotswold | South West | £406,110 | £38,760 | £655,300 | £1,061,410 |
| How much do you need to retire in Dorset | South West | £328,417 | £38,760 | £655,300 | £983,717 |
| How much do you need to retire in East Devon | South West | £343,042 | £38,760 | £655,300 | £998,342 |
| How much do you need to retire in Forest of Dean | South West | £287,663 | £38,760 | £655,300 | £942,963 |
| How much do you need to retire in Gloucester | South West | £237,968 | £38,760 | £655,300 | £893,268 |
| How much do you need to retire in Mid Devon | South West | £289,219 | £38,760 | £655,300 | £944,519 |
| How much do you need to retire in North Devon | South West | £280,339 | £38,760 | £655,300 | £935,639 |
| How much do you need to retire in North Somerset | South West | £309,123 | £38,760 | £655,300 | £964,423 |
| How much do you need to retire in Somerset | South West | £278,634 | £35,340 | £569,800 | £848,434 |
| How much do you need to retire in South Gloucestershire | South West | £335,951 | £38,760 | £655,300 | £991,251 |
| How much do you need to retire in Stroud | South West | £355,751 | £38,760 | £655,300 | £1,011,051 |
| How much do you need to retire in Swindon | South West | £257,024 | £38,760 | £655,300 | £912,324 |
| How much do you need to retire in Teignbridge | South West | £294,685 | £38,760 | £655,300 | £949,985 |
| How much do you need to retire in Tewkesbury | South West | £323,453 | £38,760 | £655,300 | £978,753 |
| How much do you need to retire in Torbay | South West | £222,390 | £38,760 | £655,300 | £877,690 |
| How much do you need to retire in Torridge | South West | £271,356 | £38,760 | £655,300 | £926,656 |
| How much do you need to retire in West Devon | South West | £306,012 | £38,760 | £655,300 | £961,312 |
| How much do you need to retire in Wiltshire | South West | £324,123 | £38,760 | £655,300 | £979,423 |