Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,970 and it seems expensive according to the average monthly salary which is $3,252. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,970
Cost of Living
$3,252
Average Salary
$3,036
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,336.18
Apartment (1 bedroom) Outside of Centre
$1,648.49
Apartment (3 bedrooms) in City Centre
$4,877.36
Apartment (3 bedrooms) Outside of Centre
$2,778.04

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,253.44
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
$255.12
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.21
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$44.65

Markets

Name
Price
Milk (regular), (1 liter)
$1.35
Loaf of Fresh White Bread (500g)
$1.52
Eggs (regular) (12)
$2.98
Local Cheese (1kg)
$10.67
Water (1.5 liter bottle)
$1.27
Bottle of Wine (Mid-Range)
$11.45
Domestic Beer (0.5 liter bottle)
$2.45
Imported Beer (0.33 liter bottle)
$2.57
Cigarettes 20 Pack (Marlboro)
$15.22
Apples (1kg)
$2.71
Chicken Breasts (Boneless, Skinless), (1kg)
$8.85
Oranges (1kg)
$3
Potato (1kg)
$1.72
Lettuce (1 head)
$1.03
Rice (white), (1kg)
$1.97
Tomato (1kg)
$3.66
Banana (1kg)
$1.79
Onion (1kg)
$1.55
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$13.37

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.46
Monthly Pass (Regular Price)
$217.78
Gasoline (1 liter)
$1.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$27,260.93
Taxi Start (Normal Tariff)
$5.95
Taxi 1km (Normal Tariff)
$4.21
Taxi 1hour Waiting (Normal Tariff)
$64.15
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$29,392.95

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$89.24
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$44.64
1 Pair of Nike Running Shoes (Mid-Range)
$95.55
1 Pair of Men Leather Business Shoes
$113.44

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$20.62
Meal for 2 People, Mid-range Restaurant, Three-course
$73.31
McMeal at McDonalds (or Equivalent Combo Meal)
$8.25
Domestic Beer (0.5 liter draught)
$6.64
Imported Beer (0.33 liter bottle)
$6.19
Coke/Pepsi (0.33 liter bottle)
$2.18
Water (0.33 liter bottle)
$1.69
Cappuccino (regular)
$3.88

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$60.88
Tennis Court Rent (1 Hour on Weekend)
$17.64
Cinema, International Release, 1 Seat
$17.18

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,811.98
International Primary School, Yearly for 1 Child
$23,889.56

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$17,756.64
Price per Square Meter to Buy Apartment Outside of Centre
$10,313.28

Questions

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

The total cost of living is around $3,970 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $3,036 per month, and utilities cost around $254 a month. Other costs will be around $1,188 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 $3,252. You probably need to make more than $3,252 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $3,252 per month (After tax) and it's not qualification specific. $3,252 is not a good salary according to average cost of living which is $3,970.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $3,036 per month. If you're okay with an apartment outside of the city centre that will be cost around $2,142.