• Financial stress: High living costs, such as rent, mortgage payments, and bills, can cause financial stress for individuals and families. This stress can cause anxiety, depression, and other mental health problems.

• Employment insecurity: The high cost of living in the UK can also make it difficult for some individuals to find stable employment. Job insecurity and financial instability can contribute to stress and anxiety, which can negatively impact mental health.

• Access to healthcare: The cost of mental healthcare in the UK can be a barrier to accessing treatment for some individuals. Long wait times and limited access to mental health services in some areas of the country can also make it difficult to receive the care that is needed.

• Social isolation: High living costs can lead to social isolation as individuals may need to work long hours or take on multiple jobs to make ends meet. This can lead to a lack of social support, which can exacerbate mental health problems.

• Housing instability: High rent prices can force individuals and families to move frequently, which can be disruptive to mental health and well-being. The stress of finding new housing and the financial burden of moving can be overwhelming and lead to anxiety and depression.

Government Support

It’s worth noting that the government does provide some support for individuals who are struggling with the cost of living. For example, there are programs in place to provide financial assistance for housing and healthcare costs. Additionally, mental health services are available through the National Health Service (NHS). See what mental health help is available here.

Read more on how the cost of living is having an impact on an individual’s mental health. Read more on this topic here.