Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,853 and it seems expensive according to the average monthly salary which is $3,157. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,853
Cost of Living
$3,157
Average Salary
$2,947
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,267.77
Apartment (1 bedroom) Outside of Centre
$1,600.21
Apartment (3 bedrooms) in City Centre
$4,734.53
Apartment (3 bedrooms) Outside of Centre
$2,696.69

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,158.16
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
$247.65
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.2
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$43.34

Markets

Name
Price
Milk (regular), (1 liter)
$1.31
Loaf of Fresh White Bread (500g)
$1.47
Eggs (regular) (12)
$2.9
Local Cheese (1kg)
$10.36
Water (1.5 liter bottle)
$1.23
Bottle of Wine (Mid-Range)
$11.11
Domestic Beer (0.5 liter bottle)
$2.38
Imported Beer (0.33 liter bottle)
$2.5
Cigarettes 20 Pack (Marlboro)
$14.78
Apples (1kg)
$2.63
Chicken Breasts (Boneless, Skinless), (1kg)
$8.59
Oranges (1kg)
$2.91
Potato (1kg)
$1.67
Lettuce (1 head)
$1
Rice (white), (1kg)
$1.91
Tomato (1kg)
$3.56
Banana (1kg)
$1.73
Onion (1kg)
$1.5
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.98

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.36
Monthly Pass (Regular Price)
$211.4
Gasoline (1 liter)
$1.71
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$26,462.62
Taxi Start (Normal Tariff)
$5.78
Taxi 1km (Normal Tariff)
$4.08
Taxi 1hour Waiting (Normal Tariff)
$62.27
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$28,532.21

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$86.63
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$43.33
1 Pair of Nike Running Shoes (Mid-Range)
$92.75
1 Pair of Men Leather Business Shoes
$110.12

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$20.01
Meal for 2 People, Mid-range Restaurant, Three-course
$71.16
McMeal at McDonalds (or Equivalent Combo Meal)
$8.01
Domestic Beer (0.5 liter draught)
$6.44
Imported Beer (0.33 liter bottle)
$6
Coke/Pepsi (0.33 liter bottle)
$2.11
Water (0.33 liter bottle)
$1.64
Cappuccino (regular)
$3.77

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$59.09
Tennis Court Rent (1 Hour on Weekend)
$17.13
Cinema, International Release, 1 Seat
$16.68

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,758.91
International Primary School, Yearly for 1 Child
$23,189.98

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$17,236.66
Price per Square Meter to Buy Apartment Outside of Centre
$10,011.27

Questions

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

The total cost of living is around $3,853 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,947 per month, and utilities cost around $247 a month. Other costs will be around $1,153 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 $3,157. You probably need to make more than $3,157 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $3,157 per month (After tax) and it's not qualification specific. $3,157 is not a good salary according to average cost of living which is $3,853.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,947 per month. If you're okay with an apartment outside of the city centre that will be cost around $2,080.