Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,628 and it seems expensive according to the average monthly salary which is $2,972. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,628
Cost of Living
$2,972
Average Salary
$2,775
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,135.13
Apartment (1 bedroom) Outside of Centre
$1,506.62
Apartment (3 bedrooms) in City Centre
$4,457.61
Apartment (3 bedrooms) Outside of Centre
$2,538.96

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,973.44
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
$233.17
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.19
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$40.81

Markets

Name
Price
Milk (regular), (1 liter)
$1.23
Loaf of Fresh White Bread (500g)
$1.39
Eggs (regular) (12)
$2.73
Local Cheese (1kg)
$9.75
Water (1.5 liter bottle)
$1.16
Bottle of Wine (Mid-Range)
$10.46
Domestic Beer (0.5 liter bottle)
$2.24
Imported Beer (0.33 liter bottle)
$2.35
Cigarettes 20 Pack (Marlboro)
$13.91
Apples (1kg)
$2.47
Chicken Breasts (Boneless, Skinless), (1kg)
$8.09
Oranges (1kg)
$2.74
Potato (1kg)
$1.58
Lettuce (1 head)
$0.94
Rice (white), (1kg)
$1.8
Tomato (1kg)
$3.35
Banana (1kg)
$1.63
Onion (1kg)
$1.41
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.22

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.16
Monthly Pass (Regular Price)
$199.03
Gasoline (1 liter)
$1.61
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$24,914.84
Taxi Start (Normal Tariff)
$5.44
Taxi 1km (Normal Tariff)
$3.84
Taxi 1hour Waiting (Normal Tariff)
$58.63
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$26,863.38

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$81.56
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$40.8
1 Pair of Nike Running Shoes (Mid-Range)
$87.33
1 Pair of Men Leather Business Shoes
$103.68

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$18.84
Meal for 2 People, Mid-range Restaurant, Three-course
$67
McMeal at McDonalds (or Equivalent Combo Meal)
$7.54
Domestic Beer (0.5 liter draught)
$6.07
Imported Beer (0.33 liter bottle)
$5.65
Coke/Pepsi (0.33 liter bottle)
$1.99
Water (0.33 liter bottle)
$1.55
Cappuccino (regular)
$3.55

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$55.64
Tennis Court Rent (1 Hour on Weekend)
$16.12
Cinema, International Release, 1 Seat
$15.7

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,656.04
International Primary School, Yearly for 1 Child
$21,833.61

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$16,228.5
Price per Square Meter to Buy Apartment Outside of Centre
$9,425.72

Questions

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

The total cost of living is around $3,628 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,775 per month, and utilities cost around $232 a month. Other costs will be around $1,086 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 $2,972. You probably need to make more than $2,972 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $2,972 per month (After tax) and it's not qualification specific. $2,972 is not a good salary according to average cost of living which is $3,628.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,775 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,958.