Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,768 and it seems expensive according to the average monthly salary which is $3,087. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,768
Cost of Living
$3,087
Average Salary
$2,882
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,217.56
Apartment (1 bedroom) Outside of Centre
$1,564.78
Apartment (3 bedrooms) in City Centre
$4,629.71
Apartment (3 bedrooms) Outside of Centre
$2,636.98

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,088.24
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
$242.17
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.2
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$42.38

Markets

Name
Price
Milk (regular), (1 liter)
$1.28
Loaf of Fresh White Bread (500g)
$1.44
Eggs (regular) (12)
$2.83
Local Cheese (1kg)
$10.13
Water (1.5 liter bottle)
$1.21
Bottle of Wine (Mid-Range)
$10.87
Domestic Beer (0.5 liter bottle)
$2.33
Imported Beer (0.33 liter bottle)
$2.44
Cigarettes 20 Pack (Marlboro)
$14.45
Apples (1kg)
$2.57
Chicken Breasts (Boneless, Skinless), (1kg)
$8.4
Oranges (1kg)
$2.84
Potato (1kg)
$1.64
Lettuce (1 head)
$0.98
Rice (white), (1kg)
$1.87
Tomato (1kg)
$3.48
Banana (1kg)
$1.7
Onion (1kg)
$1.47
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.69

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.28
Monthly Pass (Regular Price)
$206.72
Gasoline (1 liter)
$1.68
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$25,876.75
Taxi Start (Normal Tariff)
$5.65
Taxi 1km (Normal Tariff)
$3.99
Taxi 1hour Waiting (Normal Tariff)
$60.89
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$27,900.51

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$84.71
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$42.37
1 Pair of Nike Running Shoes (Mid-Range)
$90.7
1 Pair of Men Leather Business Shoes
$107.68

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$19.57
Meal for 2 People, Mid-range Restaurant, Three-course
$69.59
McMeal at McDonalds (or Equivalent Combo Meal)
$7.83
Domestic Beer (0.5 liter draught)
$6.3
Imported Beer (0.33 liter bottle)
$5.87
Coke/Pepsi (0.33 liter bottle)
$2.07
Water (0.33 liter bottle)
$1.6
Cappuccino (regular)
$3.69

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$57.79
Tennis Court Rent (1 Hour on Weekend)
$16.75
Cinema, International Release, 1 Seat
$16.31

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,719.97
International Primary School, Yearly for 1 Child
$22,676.56

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$16,855.04
Price per Square Meter to Buy Apartment Outside of Centre
$9,789.62

Questions

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

The total cost of living is around $3,768 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,882 per month, and utilities cost around $241 a month. Other costs will be around $1,128 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 $3,087. You probably need to make more than $3,087 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $3,087 per month (After tax) and it's not qualification specific. $3,087 is not a good salary according to average cost of living which is $3,768.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,882 per month. If you're okay with an apartment outside of the city centre that will be cost around $2,034.