Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,490 and it seems expensive according to the average monthly salary which is $2,859. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,490
Cost of Living
$2,859
Average Salary
$2,669
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,053.7
Apartment (1 bedroom) Outside of Centre
$1,449.16
Apartment (3 bedrooms) in City Centre
$4,287.61
Apartment (3 bedrooms) Outside of Centre
$2,442.13

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,860.05
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%3.32

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$224.27
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.18
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$39.25

Markets

Name
Price
Milk (regular), (1 liter)
$1.18
Loaf of Fresh White Bread (500g)
$1.34
Eggs (regular) (12)
$2.62
Local Cheese (1kg)
$9.38
Water (1.5 liter bottle)
$1.12
Bottle of Wine (Mid-Range)
$10.07
Domestic Beer (0.5 liter bottle)
$2.16
Imported Beer (0.33 liter bottle)
$2.26
Cigarettes 20 Pack (Marlboro)
$13.38
Apples (1kg)
$2.38
Chicken Breasts (Boneless, Skinless), (1kg)
$7.78
Oranges (1kg)
$2.63
Potato (1kg)
$1.52
Lettuce (1 head)
$0.91
Rice (white), (1kg)
$1.73
Tomato (1kg)
$3.22
Banana (1kg)
$1.57
Onion (1kg)
$1.36
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$11.75

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.04
Monthly Pass (Regular Price)
$191.44
Gasoline (1 liter)
$1.55
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$23,964.68
Taxi Start (Normal Tariff)
$5.23
Taxi 1km (Normal Tariff)
$3.7
Taxi 1hour Waiting (Normal Tariff)
$56.39
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$25,838.91

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$78.45
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$39.24
1 Pair of Nike Running Shoes (Mid-Range)
$84
1 Pair of Men Leather Business Shoes
$99.72

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$18.12
Meal for 2 People, Mid-range Restaurant, Three-course
$64.44
McMeal at McDonalds (or Equivalent Combo Meal)
$7.25
Domestic Beer (0.5 liter draught)
$5.84
Imported Beer (0.33 liter bottle)
$5.44
Coke/Pepsi (0.33 liter bottle)
$1.92
Water (0.33 liter bottle)
$1.49
Cappuccino (regular)
$3.41

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$53.52
Tennis Court Rent (1 Hour on Weekend)
$15.51
Cinema, International Release, 1 Seat
$15.1

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,592.88
International Primary School, Yearly for 1 Child
$21,000.96

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$15,609.6
Price per Square Meter to Buy Apartment Outside of Centre
$9,066.25

Questions

How much does it cost to live in London per month?

The total cost of living is around $3,490 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,669 per month, and utilities cost around $224 a month. Other costs will be around $1,044 including markets, transportation, restaurants, and sports and leisure for one-person.

Is London expensive to live?

London seems false expensive to live in according to the average monthly salary which is $2,859. You probably need to make more than $2,859 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $2,859 per month (After tax) and it's not qualification specific. $2,859 is not a good salary according to average cost of living which is $3,490.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,669 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,883.