Household bills have risen by 71 per cent in the past ten years.
This is the headline figure from research by Santander and the hike is almost twice as high as the swell in retail price index inflation (38 per cent) over the same time period.
It means families have to fork out much more to keep a house running, with gas and electric costs trebling in the ten-year period.
As a result of the exorbitant increases, 29 per cent of Britons have had to reduce their standard of living to get by, while 65 per cent have stopped using their heating as often.
Indeed, ten per cent of respondents admitted their finances will not be able to handle any further price hikes for utilities.
In the past 12 months, 85 per cent of Britons have taken action in order to lessen the financial impact of household bills.
Carlos Palacios, Banking Director at Santander, said: "Times are tough for a lot of people at the moment and increasing household bills are one of the biggest causes of squeezed consumer finances."