Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,746 and it seems expensive according to the average monthly salary which is $3,144. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,746
Cost of Living
$3,144
Average Salary
$2,835
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,180.88
Apartment (1 bedroom) Outside of Centre
$1,550.85
Apartment (3 bedrooms) in City Centre
$4,540.9
Apartment (3 bedrooms) Outside of Centre
$2,614.74

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,143.84
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%3.15

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$268.86
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.17
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$40.2

Markets

Name
Price
Milk (regular), (1 liter)
$1.26
Loaf of Fresh White Bread (500g)
$1.42
Eggs (regular) (12)
$2.76
Local Cheese (1kg)
$9.61
Water (1.5 liter bottle)
$1.26
Bottle of Wine (Mid-Range)
$10.84
Domestic Beer (0.5 liter bottle)
$2.42
Imported Beer (0.33 liter bottle)
$2.57
Cigarettes 20 Pack (Marlboro)
$14.54
Apples (1kg)
$2.46
Chicken Breasts (Boneless, Skinless), (1kg)
$8.07
Oranges (1kg)
$2.6
Potato (1kg)
$1.56
Lettuce (1 head)
$1
Rice (white), (1kg)
$2.1
Tomato (1kg)
$3.35
Banana (1kg)
$1.77
Onion (1kg)
$1.47
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.83

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.39
Monthly Pass (Regular Price)
$204.49
Gasoline (1 liter)
$1.79
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$26,793
Taxi Start (Normal Tariff)
$5.37
Taxi 1km (Normal Tariff)
$3.33
Taxi 1hour Waiting (Normal Tariff)
$49.03
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$28,237.94

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$84
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$41.03
1 Pair of Nike Running Shoes (Mid-Range)
$89.59
1 Pair of Men Leather Business Shoes
$115.37

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$20.37
Meal for 2 People, Mid-range Restaurant, Three-course
$72.71
McMeal at McDonalds (or Equivalent Combo Meal)
$7.75
Domestic Beer (0.5 liter draught)
$6.31
Imported Beer (0.33 liter bottle)
$5.9
Coke/Pepsi (0.33 liter bottle)
$1.97
Water (0.33 liter bottle)
$1.62
Cappuccino (regular)
$3.65

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$57.23
Tennis Court Rent (1 Hour on Weekend)
$15.05
Cinema, International Release, 1 Seat
$16.05

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,709.46
International Primary School, Yearly for 1 Child
$22,155.88

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$16,440.08
Price per Square Meter to Buy Apartment Outside of Centre
$9,128.11

Questions

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

The total cost of living is around $3,746 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,835 per month, and utilities cost around $268 a month. Other costs will be around $1,179 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 $3,144. You probably need to make more than $3,144 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $3,144 per month (After tax) and it's not qualification specific. $3,144 is not a good salary according to average cost of living which is $3,746.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,835 per month. If you're okay with an apartment outside of the city centre that will be cost around $2,016.