Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,676 and it seems expensive according to the average monthly salary which is $3,085. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,676
Cost of Living
$3,085
Average Salary
$2,781
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,139.99
Apartment (1 bedroom) Outside of Centre
$1,521.77
Apartment (3 bedrooms) in City Centre
$4,455.75
Apartment (3 bedrooms) Outside of Centre
$2,565.71

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,084.89
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
$263.82
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.17
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$39.44

Markets

Name
Price
Milk (regular), (1 liter)
$1.24
Loaf of Fresh White Bread (500g)
$1.39
Eggs (regular) (12)
$2.71
Local Cheese (1kg)
$9.43
Water (1.5 liter bottle)
$1.24
Bottle of Wine (Mid-Range)
$10.63
Domestic Beer (0.5 liter bottle)
$2.37
Imported Beer (0.33 liter bottle)
$2.52
Cigarettes 20 Pack (Marlboro)
$14.26
Apples (1kg)
$2.41
Chicken Breasts (Boneless, Skinless), (1kg)
$7.92
Oranges (1kg)
$2.55
Potato (1kg)
$1.53
Lettuce (1 head)
$0.98
Rice (white), (1kg)
$2.06
Tomato (1kg)
$3.29
Banana (1kg)
$1.73
Onion (1kg)
$1.45
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.59

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.32
Monthly Pass (Regular Price)
$200.66
Gasoline (1 liter)
$1.76
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$26,290.6
Taxi Start (Normal Tariff)
$5.27
Taxi 1km (Normal Tariff)
$3.27
Taxi 1hour Waiting (Normal Tariff)
$48.11
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$27,708.44

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$82.43
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$40.26
1 Pair of Nike Running Shoes (Mid-Range)
$87.91
1 Pair of Men Leather Business Shoes
$113.2

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$19.99
Meal for 2 People, Mid-range Restaurant, Three-course
$71.35
McMeal at McDonalds (or Equivalent Combo Meal)
$7.6
Domestic Beer (0.5 liter draught)
$6.19
Imported Beer (0.33 liter bottle)
$5.79
Coke/Pepsi (0.33 liter bottle)
$1.93
Water (0.33 liter bottle)
$1.59
Cappuccino (regular)
$3.59

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$56.16
Tennis Court Rent (1 Hour on Weekend)
$14.77
Cinema, International Release, 1 Seat
$15.75

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,677.41
International Primary School, Yearly for 1 Child
$21,740.43

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$16,131.81
Price per Square Meter to Buy Apartment Outside of Centre
$8,956.95

Questions

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

The total cost of living is around $3,676 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,781 per month, and utilities cost around $263 a month. Other costs will be around $1,157 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 $3,085. You probably need to make more than $3,085 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $3,085 per month (After tax) and it's not qualification specific. $3,085 is not a good salary according to average cost of living which is $3,676.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,781 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,978.