Are you 'skinted' rather than 'minted'? Then Birmingham is the place to head on a Saturday night, a new survey has revealed.

An average night out on the town costs just £23.92 compared to what party-goers in other British cities spend; on average, a minimum £26.60.

The survey found that Cardiff is the cheapest destination, whilst, unsurprisingly, London came bottom of the poll, with the same night costing £32.

And, proving that it really can be grim up North, York was calculated as the second most expensive destination.

Twenty-one-year-old Emily Thomson from Sutton Coldfield, who has been a student in Exeter for the past two years, agreed with the positive findings for the city.

"It is always really nice to come back home and go out in Birmingham, as I can have the same amount - or even more - fun for quite a lot cheaper, although taxi prices back to Sutton can be quite expensive."

The 'Saturday Night Index' - devised by Young Persons Railcard - aims to help under 26's get the best value for their money. The survey took into account all the components of a fun night out, recording the average price of bus and taxi fares, a pint of beer and entrance to a club.

Joanna Ford, Marketing Manager for Young Persons Railcard, said: "We hope this index will help people decide where to go on a weekend away, where to go to University or where to move for a new job."