Cost of living in London

In London, United States, a single person typically needs around $1493 per month including rent. A family of four may spend about $3633 monthly.

How expensive is London compared to other cities?

Compared to the European benchmark, London is 5% more expensive overall.

How does London compare to your city?

London is 55% cheaper than New York City, without rent.

Rent in London is, on average, 68% lower than in New York City.

What drives the cost of living in London?

Who is London a good fit for?

London tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is London so expensive?

The cost of living in London is largely driven by higher rent and utilities, which can strain budgets. This makes it essential for residents to have a solid income to manage expenses.

Is food expensive in London?

Food costs in London are relatively manageable, being 3% lower than the European benchmark. This can provide some relief for residents looking to save on grocery bills.

Is public transport affordable in London?

Public transport in London is quite affordable, being 45% lower than the European benchmark. This makes it an attractive option for daily commuting.

Cost of living breakdown

Cost of Living, one person, including rent
1493 $
Without Rent
643 $
Rent & Utilities
850 $
Food
462 $
Transport
41 $
Monthly Salary, after tax
2216 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
7.6K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 13.9 $
Dinner 52.2 $
Fast food, McDonalds or KFC 7.99 $
Beer, 0.5 L or 16 fl oz 5.49 $
Capuccino 4.29 $
Coke, 330ml 2 $

Compare London with:

Markets

Milk, 1 L or 1 qt 0.79 $
Bread, 0.5 kg or 1 lb 1.71 $
Rice, 1 kg or 2 lb 3.65 $
Eggs, 12 pack 2.67 $
Cheese, 1 kg or 2 lb 10.6 $
Chicken Breast, 1 kg or 2 lb 9.4 $
Round Steak, 1 kg or 2 lb 14 $
Apples, 1 kg or 2 lb 4.2 $
Banana, 1 kg or 2 lb 1.41 $
Oranges, 1 kg or 2 lb 1.92 $
Tomato, 1 kg or 2 lb 2.14 $
Potato, 1 kg or 2.2 lb 2.04 $
Onion, 1 kg or 2.2 lb 1.71 $
Water, 1 L or 1 qt 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.01 $
Wine, 750 mL bottle 11.9 $
Beer, 0.5 L or 16 fl oz 2.05 $
Cigarette pack 5.16 $

Transportation

One-way Ticket 1.47 $
Monthly Pass 38.4 $
Gas or Petrol, 1l or 0.26 gal 0.84 $
Taxi, 8 km 13.7 $

Personal Care

Doctor Visit, private clinic 113 $
Cold medicine, for 1 week 7.33 $
Hair Shampoo, 400 ml or 12 oz. 7.56 $
Toilet paper, 4 rolls 4.23 $
Toothpaste, 1 tube 2.45 $

Utilities per Month

1 person, electricity, heating, water & garbage 83 $
Family of 4, electricity, heating, water & garbage 126 $
Internet plan, +60 Mbps 57.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 754 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,474 $
1 Bedroom Apartment, in city center, 40 sq.m 526 $
3 Bedroom Apartment, in city center, 85 sq.m 961 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,806 $
Price per Square Meter to Buy House, in suburbs 2,377 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,216 $
Mortgage Interest Rate, for 20 years fixed-rate 6.24%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 37 $
Cinema, 1 seat 11.6 $
Haircut 16.3 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 90.8 $
Brand Jeans, Levis 501 32.3 $

Childcare

Preschool, full day, monthly for 1 child 454 $
International Primary School, yearly for 1 child 17,283 $

Compare London with other top cities

Cayman Islands
London vs George Town (George Town is 144% more expensive)
Bahamas
London vs Nassau (Nassau is 84% more expensive) London vs Freeport (Freeport is 47% more expensive)
Vanuatu
London vs Port Vila (Port Vila is 57% more expensive) London vs Luganville (Luganville is 105% more expensive)
United States
London vs New York City (New York City is 171% more expensive) London vs Los Angeles (Los Angeles is 113% more expensive) London vs Chicago (Chicago is 79% more expensive) London vs Houston (Houston is 51% more expensive) London vs Phoenix (Phoenix is 59% more expensive) London vs Philadelphia (Philadelphia is 70% more expensive) London vs San Antonio (San Antonio is 47% more expensive) London vs San Diego (San Diego is 124% more expensive) London vs Dallas (Dallas is 71% more expensive) London vs San Jose (San Jose is 146% more expensive)
Canada
London vs Toronto (Toronto is 72% more expensive) London vs Montreal (Montreal is 31% more expensive) London vs Calgary (Calgary is 44% more expensive) London vs Ottawa (Ottawa is 50% more expensive) London vs Edmonton (Edmonton is 20% more expensive) London vs Winnipeg (Winnipeg is 17% more expensive) London vs Mississauga (Mississauga is 66% more expensive) London vs Vancouver (Vancouver is 77% more expensive) London vs Brampton (Brampton is 42% more expensive) London vs Hamilton (Hamilton is 44% more expensive)
Barbados
London vs Bridgetown (Bridgetown is 9% less expensive) London vs Holetown (Holetown is 7% less expensive)
Panama
London vs Panama City (Panama City is 7% less expensive) London vs Colon (Colon is 21% less expensive) London vs Tocumen (Tocumen is 18% less expensive) London vs Santiago de Veraguas (Santiago de Veraguas is 29% less expensive) London vs David (David is 44% less expensive) London vs La Chorrera (La Chorrera is 36% less expensive) London vs Balboa (Balboa is 16% less expensive) London vs Pacora (Pacora is 16% less expensive) London vs Chitre (Chitre is 27% less expensive) London vs Penonome (Penonome is 26% less expensive)
Saint Kitts And Nevis
London vs Basseterre (Basseterre is 17% less expensive) London vs Cayon (Cayon is 17% less expensive)
Cuba
London vs Havana (Havana is 31% less expensive) London vs Santiago de Cuba (Santiago de Cuba is 5% less expensive) London vs Holguin (Holguin is 14% less expensive) London vs Camaguey (Camaguey is 2% more expensive) London vs Santa Clara (Santa Clara is 29% less expensive) London vs Bayamo (Bayamo is 22% less expensive) London vs Guantanamo (Guantanamo is 4% more expensive) London vs Las Tunas (Las Tunas is 4% more expensive) London vs Pinar del Rio (Pinar del Rio is 27% less expensive) London vs Cienfuegos (Cienfuegos is 41% less expensive)
Costa Rica
London vs San Jose (San Jose is 17% less expensive) London vs Limon (Limon is 20% less expensive) London vs Liberia (Liberia is 40% less expensive) London vs Alajuela (Alajuela is 17% less expensive) London vs Puntarenas (Puntarenas is 14% less expensive) London vs Cartago (Cartago is 36% less expensive) London vs Heredia (Heredia is 17% less expensive) London vs Tamarindo (Tamarindo is 13% more expensive) London vs Santa Teresa (Santa Teresa is 12% less expensive)
Saint Lucia
London vs Castries (Castries is 22% less expensive) London vs Vieux Fort (Vieux Fort is 20% less expensive)
Jamaica
London vs Kingston (Kingston is 11% less expensive) London vs Spanish Town (Spanish Town is 48% less expensive) London vs Montego Bay (Montego Bay is 32% less expensive) London vs Half Way Tree (Half Way Tree is 22% less expensive) London vs May Pen (May Pen is 45% less expensive) London vs Mandeville (Mandeville is 34% less expensive) London vs Old Harbour (Old Harbour is 43% less expensive) London vs Linstead (Linstead is 30% less expensive) London vs Savanna-la-Mar (Savanna-la-Mar is 25% less expensive) London vs Port Antonio (Port Antonio is 23% less expensive)
El Salvador
London vs San Salvador (San Salvador is 20% less expensive) London vs Santa Ana (Santa Ana is 53% less expensive) London vs Soyapango (Soyapango is 21% less expensive) London vs San Miguel (San Miguel is 28% less expensive) London vs Mejicanos (Mejicanos is 22% less expensive) London vs Apopa (Apopa is 23% less expensive) London vs Santa Tecla (Santa Tecla is 19% less expensive) London vs Ahuachapan (Ahuachapan is 3% less expensive) London vs Usulutan (Usulutan is 27% less expensive) London vs Sonsonate (Sonsonate is 41% less expensive)
Antigua And Barbuda
London vs St. John's (St. John's is 27% less expensive) London vs All Saints (All Saints is 28% less expensive)
Grenada
London vs St. George's (St. George's is 29% less expensive) London vs Grenville (Grenville is 29% less expensive)
Dominica
London vs Roseau (Roseau is 33% less expensive) London vs Portsmouth (Portsmouth is 24% less expensive)
Saint Vincent
London vs Kingstown (Kingstown is 34% less expensive) London vs Georgetown (Georgetown is 33% less expensive)
Belize
London vs Belize City (Belize City is 41% less expensive) London vs San Ignacio (San Ignacio is 27% less expensive) London vs Belmopan (Belmopan is 51% less expensive) London vs San Pedro Town (San Pedro Town is 11% less expensive) London vs Caye Caulker (Caye Caulker is 5% more expensive)
Guatemala
London vs Guatemala City (Guatemala City is 33% less expensive) London vs Mixco (Mixco is 57% less expensive) London vs Coban (Coban is 39% less expensive) London vs Quetzaltenango (Quetzaltenango is 48% less expensive) London vs Jalapa (Jalapa is 39% less expensive) London vs San Miguel Petapa (San Miguel Petapa is 40% less expensive) London vs Momostenango (Momostenango is 42% less expensive) London vs Mazatenango (Mazatenango is 42% less expensive) London vs Flores (Flores is 42% less expensive) London vs Panajachel (Panajachel is 47% less expensive)
Honduras
London vs Tegucigalpa (Tegucigalpa is 44% less expensive) London vs San Pedro Sula (San Pedro Sula is 30% less expensive) London vs Choloma (Choloma is 60% less expensive) London vs La Ceiba (La Ceiba is 56% less expensive) London vs El Progreso (El Progreso is 41% less expensive) London vs Villanueva (Villanueva is 42% less expensive) London vs Comayagua (Comayagua is 52% less expensive) London vs Puerto Cortes (Puerto Cortes is 52% less expensive) London vs Yoro (Yoro is 51% less expensive) London vs La Lima (La Lima is 42% less expensive)
Dominican Republic
London vs Santiago de los Caballeros (Santiago de los Caballeros is 47% less expensive) London vs Santo Domingo (Santo Domingo is 30% less expensive) London vs Puerto Plata (Puerto Plata is 49% less expensive) London vs Higuey (Higuey is 48% less expensive) London vs La Vega (La Vega is 62% less expensive) London vs San Cristobal (San Cristobal is 44% less expensive) London vs San Pedro de Macoris (San Pedro de Macoris is 51% less expensive) London vs San Francisco de Macoris (San Francisco de Macoris is 65% less expensive) London vs San Juan de la Maguana (San Juan de la Maguana is 58% less expensive) London vs Bonao (Bonao is 64% less expensive)
Nicaragua
London vs Managua (Managua is 48% less expensive) London vs Leon (Leon is 57% less expensive) London vs Masaya (Masaya is 52% less expensive) London vs Matagalpa (Matagalpa is 63% less expensive) London vs Chinandega (Chinandega is 57% less expensive) London vs Esteli (Esteli is 60% less expensive) London vs Granada (Granada is 53% less expensive) London vs Jinotega (Jinotega is 69% less expensive) London vs Juigalpa (Juigalpa is 56% less expensive) London vs San Juan del Sur (San Juan del Sur is 40% less expensive)