Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,986 and it seems expensive according to the average monthly salary which is $3,265. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,986
Cost of Living
$3,265
Average Salary
$3,048
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,345.78
Apartment (1 bedroom) Outside of Centre
$1,655.26
Apartment (3 bedrooms) in City Centre
$4,897.39
Apartment (3 bedrooms) Outside of Centre
$2,789.45

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,266.8
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
$256.17
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.21
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$44.83

Markets

Name
Price
Milk (regular), (1 liter)
$1.35
Loaf of Fresh White Bread (500g)
$1.53
Eggs (regular) (12)
$2.99
Local Cheese (1kg)
$10.72
Water (1.5 liter bottle)
$1.28
Bottle of Wine (Mid-Range)
$11.5
Domestic Beer (0.5 liter bottle)
$2.46
Imported Beer (0.33 liter bottle)
$2.58
Cigarettes 20 Pack (Marlboro)
$15.29
Apples (1kg)
$2.72
Chicken Breasts (Boneless, Skinless), (1kg)
$8.89
Oranges (1kg)
$3.01
Potato (1kg)
$1.73
Lettuce (1 head)
$1.04
Rice (white), (1kg)
$1.98
Tomato (1kg)
$3.68
Banana (1kg)
$1.79
Onion (1kg)
$1.55
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$13.42

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.47
Monthly Pass (Regular Price)
$218.67
Gasoline (1 liter)
$1.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$27,372.9
Taxi Start (Normal Tariff)
$5.98
Taxi 1km (Normal Tariff)
$4.22
Taxi 1hour Waiting (Normal Tariff)
$64.41
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$29,513.68

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$89.61
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$44.82
1 Pair of Nike Running Shoes (Mid-Range)
$95.94
1 Pair of Men Leather Business Shoes
$113.9

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$20.7
Meal for 2 People, Mid-range Restaurant, Three-course
$73.61
McMeal at McDonalds (or Equivalent Combo Meal)
$8.28
Domestic Beer (0.5 liter draught)
$6.67
Imported Beer (0.33 liter bottle)
$6.21
Coke/Pepsi (0.33 liter bottle)
$2.19
Water (0.33 liter bottle)
$1.7
Cappuccino (regular)
$3.9

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$61.13
Tennis Court Rent (1 Hour on Weekend)
$17.71
Cinema, International Release, 1 Seat
$17.25

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,819.42
International Primary School, Yearly for 1 Child
$23,987.68

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$17,829.58
Price per Square Meter to Buy Apartment Outside of Centre
$10,355.64

Questions

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

The total cost of living is around $3,986 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $3,048 per month, and utilities cost around $255 a month. Other costs will be around $1,193 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 $3,265. You probably need to make more than $3,265 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $3,265 per month (After tax) and it's not qualification specific. $3,265 is not a good salary according to average cost of living which is $3,986.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $3,048 per month. If you're okay with an apartment outside of the city centre that will be cost around $2,151.