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Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,577 and it seems expensive according to the average monthly salary which is $2,931. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,577
Cost of Living
$2,931
Average Salary
$2,736
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,105.24
Apartment (1 bedroom) Outside of Centre
$1,485.52
Apartment (3 bedrooms) in City Centre
$4,395.21
Apartment (3 bedrooms) Outside of Centre
$2,503.41

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,931.82
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
$229.9
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.19
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$40.24

Markets

Name
Price
Milk (regular), (1 liter)
$1.21
Loaf of Fresh White Bread (500g)
$1.37
Eggs (regular) (12)
$2.69
Local Cheese (1kg)
$9.62
Water (1.5 liter bottle)
$1.15
Bottle of Wine (Mid-Range)
$10.32
Domestic Beer (0.5 liter bottle)
$2.21
Imported Beer (0.33 liter bottle)
$2.32
Cigarettes 20 Pack (Marlboro)
$13.72
Apples (1kg)
$2.44
Chicken Breasts (Boneless, Skinless), (1kg)
$7.98
Oranges (1kg)
$2.7
Potato (1kg)
$1.55
Lettuce (1 head)
$0.93
Rice (white), (1kg)
$1.78
Tomato (1kg)
$3.3
Banana (1kg)
$1.61
Onion (1kg)
$1.39
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.05

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.12
Monthly Pass (Regular Price)
$196.25
Gasoline (1 liter)
$1.59
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$24,566.03
Taxi Start (Normal Tariff)
$5.36
Taxi 1km (Normal Tariff)
$3.79
Taxi 1hour Waiting (Normal Tariff)
$57.81
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$26,487.29

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$80.42
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$40.22
1 Pair of Nike Running Shoes (Mid-Range)
$86.1
1 Pair of Men Leather Business Shoes
$102.22

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$18.58
Meal for 2 People, Mid-range Restaurant, Three-course
$66.06
McMeal at McDonalds (or Equivalent Combo Meal)
$7.43
Domestic Beer (0.5 liter draught)
$5.98
Imported Beer (0.33 liter bottle)
$5.57
Coke/Pepsi (0.33 liter bottle)
$1.96
Water (0.33 liter bottle)
$1.52
Cappuccino (regular)
$3.5

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$54.86
Tennis Court Rent (1 Hour on Weekend)
$15.9
Cinema, International Release, 1 Seat
$15.48

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,632.85
International Primary School, Yearly for 1 Child
$21,527.94

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$16,001.3
Price per Square Meter to Buy Apartment Outside of Centre
$9,293.76

Questions

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

The total cost of living is around $3,577 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,736 per month, and utilities cost around $229 a month. Other costs will be around $1,071 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 $2,931. You probably need to make more than $2,931 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $2,931 per month (After tax) and it's not qualification specific. $2,931 is not a good salary according to average cost of living which is $3,577.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,736 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,931.