Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,470 and it seems expensive according to the average monthly salary which is $2,912. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,470
Cost of Living
$2,912
Average Salary
$2,626
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,020.17
Apartment (1 bedroom) Outside of Centre
$1,436.57
Apartment (3 bedrooms) in City Centre
$4,206.27
Apartment (3 bedrooms) Outside of Centre
$2,422.06

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,912.17
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
$249.05
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.16
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$37.24

Markets

Name
Price
Milk (regular), (1 liter)
$1.17
Loaf of Fresh White Bread (500g)
$1.32
Eggs (regular) (12)
$2.56
Local Cheese (1kg)
$8.91
Water (1.5 liter bottle)
$1.17
Bottle of Wine (Mid-Range)
$10.04
Domestic Beer (0.5 liter bottle)
$2.24
Imported Beer (0.33 liter bottle)
$2.38
Cigarettes 20 Pack (Marlboro)
$13.47
Apples (1kg)
$2.28
Chicken Breasts (Boneless, Skinless), (1kg)
$7.48
Oranges (1kg)
$2.41
Potato (1kg)
$1.45
Lettuce (1 head)
$0.93
Rice (white), (1kg)
$1.94
Tomato (1kg)
$3.11
Banana (1kg)
$1.64
Onion (1kg)
$1.36
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$11.89

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.14
Monthly Pass (Regular Price)
$189.42
Gasoline (1 liter)
$1.66
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$24,818.61
Taxi Start (Normal Tariff)
$4.97
Taxi 1km (Normal Tariff)
$3.08
Taxi 1hour Waiting (Normal Tariff)
$45.42
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$26,157.07

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$77.81
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$38.01
1 Pair of Nike Running Shoes (Mid-Range)
$82.99
1 Pair of Men Leather Business Shoes
$106.86

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$18.87
Meal for 2 People, Mid-range Restaurant, Three-course
$67.35
McMeal at McDonalds (or Equivalent Combo Meal)
$7.18
Domestic Beer (0.5 liter draught)
$5.84
Imported Beer (0.33 liter bottle)
$5.46
Coke/Pepsi (0.33 liter bottle)
$1.83
Water (0.33 liter bottle)
$1.5
Cappuccino (regular)
$3.39

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$53.01
Tennis Court Rent (1 Hour on Weekend)
$13.94
Cinema, International Release, 1 Seat
$14.87

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,583.49
International Primary School, Yearly for 1 Child
$20,523.2

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$15,228.6
Price per Square Meter to Buy Apartment Outside of Centre
$8,455.46

Questions

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

The total cost of living is around $3,470 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,626 per month, and utilities cost around $248 a month. Other costs will be around $1,092 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 $2,912. You probably need to make more than $2,912 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $2,912 per month (After tax) and it's not qualification specific. $2,912 is not a good salary according to average cost of living which is $3,470.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,626 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,867.