Cost of Living in London

United Kingdom

Summary

Cost of living in London, United Kingdom is $3,597 and it seems expensive according to the average monthly salary which is $2,947. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,597
Cost of Living
$2,947
Average Salary
$2,751
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,116.93
Apartment (1 bedroom) Outside of Centre
$1,493.77
Apartment (3 bedrooms) in City Centre
$4,419.61
Apartment (3 bedrooms) Outside of Centre
$2,517.31

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,948.09
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
$231.18
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.19
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$40.46

Markets

Name
Price
Milk (regular), (1 liter)
$1.22
Loaf of Fresh White Bread (500g)
$1.38
Eggs (regular) (12)
$2.7
Local Cheese (1kg)
$9.67
Water (1.5 liter bottle)
$1.15
Bottle of Wine (Mid-Range)
$10.38
Domestic Beer (0.5 liter bottle)
$2.22
Imported Beer (0.33 liter bottle)
$2.33
Cigarettes 20 Pack (Marlboro)
$13.79
Apples (1kg)
$2.45
Chicken Breasts (Boneless, Skinless), (1kg)
$8.02
Oranges (1kg)
$2.72
Potato (1kg)
$1.56
Lettuce (1 head)
$0.93
Rice (white), (1kg)
$1.79
Tomato (1kg)
$3.32
Banana (1kg)
$1.62
Onion (1kg)
$1.4
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$12.11

Transportation

Name
Price
One-way Ticket (Local Transport)
$3.13
Monthly Pass (Regular Price)
$197.34
Gasoline (1 liter)
$1.6
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$24,702.43
Taxi Start (Normal Tariff)
$5.39
Taxi 1km (Normal Tariff)
$3.81
Taxi 1hour Waiting (Normal Tariff)
$58.13
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$26,634.36

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$80.86
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$40.45
1 Pair of Nike Running Shoes (Mid-Range)
$86.58
1 Pair of Men Leather Business Shoes
$102.79

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$18.68
Meal for 2 People, Mid-range Restaurant, Three-course
$66.43
McMeal at McDonalds (or Equivalent Combo Meal)
$7.47
Domestic Beer (0.5 liter draught)
$6.02
Imported Beer (0.33 liter bottle)
$5.6
Coke/Pepsi (0.33 liter bottle)
$1.97
Water (0.33 liter bottle)
$1.53
Cappuccino (regular)
$3.52

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$55.16
Tennis Court Rent (1 Hour on Weekend)
$15.99
Cinema, International Release, 1 Seat
$15.57

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,641.92
International Primary School, Yearly for 1 Child
$21,647.47

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$16,090.14
Price per Square Meter to Buy Apartment Outside of Centre
$9,345.36

Questions

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

The total cost of living is around $3,597 in London. The average rent in London for a one-bedroom apartment in the city centre is approximately $2,751 per month, and utilities cost around $230 a month. Other costs will be around $1,076 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 $2,947. You probably need to make more than $2,947 to live comfortable in London.

What is the average salary in London?

A person working in London typically earns around $2,947 per month (After tax) and it's not qualification specific. $2,947 is not a good salary according to average cost of living which is $3,597.

What is the average rent in London?

The average one-bedroom apartment in London city centre stands at around $2,751 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,941.