Cost of Living Comparison Between London and Gibraltar 

Indices DifferenceInfo
Cost of Living in Gibraltar is 25.5% lower than in London (without rent)
Cost of Living Including Rent in Gibraltar is 28.1% lower than in London
Rent Prices in Gibraltar are 31.3% lower than in London
Restaurant Prices in Gibraltar are 20.9% lower than in London
Groceries Prices in Gibraltar are 12.1% lower than in London
Local Purchasing Power in Gibraltar is 7.0% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Gibraltar Edit Difference
Meal, Inexpensive Restaurant 20.00 £ 14.00 £      -30.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £ 75.00 £      -6.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £ 8.00 £      0.0 %
Domestic Beer (1 pint draught) 6.50 £ 3.25 £      -50.0 %
Imported Beer (12 oz small bottle) 5.50 £ 3.00 £      -45.5 %
Cappuccino (regular) 3.61 £ 2.37 £      -34.4 %
Coke/Pepsi (12 oz small bottle) 2.05 £ 1.57 £      -23.2 %
Water (12 oz small bottle) 1.53 £ 1.50 £      -2.1 %
Markets
London Edit Gibraltar Edit
Milk (regular), (1 gallon) 4.96 £ 6.05 £      +22.0 %
Loaf of Fresh White Bread (1 lb) 1.43 £ 1.20 £      -16.4 %
Rice (white), (1 lb) 0.92 £ 1.03 £      +11.3 %
Eggs (regular) (12) 3.12 £ 3.01 £      -3.7 %
Local Cheese (1 lb) 3.50 £ 2.99 £      -14.7 %
Chicken Fillets (1 lb) 3.38 £ 3.09 £      -8.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.59 £ 4.44 £      -20.5 %
Apples (1 lb) 1.20 £ 1.63 £      +36.5 %
Banana (1 lb) 0.60 £ 1.56 £      +160.9 %
Oranges (1 lb) 1.17 £ 1.44 £      +22.8 %
Tomato (1 lb) 1.50 £ 1.36 £      -9.0 %
Potato (1 lb) 0.58 £ 0.81 £      +39.3 %
Onion (1 lb) 0.54 £ 0.68 £      +26.4 %
Lettuce (1 head) 0.99 £ 1.04 £      +5.4 %
Water (1.5 liter bottle) 1.31 £ 0.91 £      -30.4 %
Bottle of Wine (Mid-Range) 9.25 £ 6.75 £      -27.0 %
Domestic Beer (0.5 liter bottle) 2.09 £ 1.81 £      -13.2 %
Imported Beer (12 oz small bottle) 2.41 £ 2.15 £      -10.8 %
Cigarettes 20 Pack (Marlboro) 15.00 £ 3.60 £      -76.0 %
Transportation
London Edit Gibraltar Edit
One-way Ticket (Local Transport) 2.80 £ 1.00 £      -64.3 %
Monthly Pass (Regular Price) 200.00 £ 6.45 £      -96.8 %
Taxi Start (Normal Tariff) 4.50 £ 3.80 £      -15.6 %
Taxi 1 mile (Normal Tariff) 3.22 £ 3.22 £      0.0 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £ 6.25 £      -79.2 %
Gasoline (1 gallon) 5.73 £ 4.59 £      -19.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 £ 24,625.00 £      -12.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,466.92 £ 22,500.00 £      -15.0 %
Utilities (Monthly)
London Edit Gibraltar Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 294.99 £ 81.23 £      -72.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.34 £ 30.00 £      +95.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.86 £ 42.42 £      +37.4 %
Sports And Leisure
London Edit Gibraltar Edit
Fitness Club, Monthly Fee for 1 Adult 44.73 £ 56.25 £      +25.8 %
Tennis Court Rent (1 Hour on Weekend) 14.08 £ 7.50 £      -46.7 %
Cinema, International Release, 1 Seat 15.00 £ 8.50 £      -43.3 %
Childcare
London Edit Gibraltar Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,840.34 £ 638.89 £      -65.3 %
International Primary School, Yearly for 1 Child 20,054.76 £ 12,000.00 £      -40.2 %
Clothing And Shoes
London Edit Gibraltar Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.34 £ 99.38 £      +20.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.50 £ 33.12 £      -18.2 %
1 Pair of Nike Running Shoes (Mid-Range) 89.94 £ 101.39 £      +12.7 %
1 Pair of Men Leather Business Shoes 98.65 £ 66.67 £      -32.4 %
Rent Per Month
London Edit Gibraltar Edit
Apartment (1 bedroom) in City Centre 2,139.00 £ 1,305.21 £      -39.0 %
Apartment (1 bedroom) Outside of Centre 1,596.64 £ 1,256.94 £      -21.3 %
Apartment (3 bedrooms) in City Centre 4,422.97 £ 2,580.23 £      -41.7 %
Apartment (3 bedrooms) Outside of Centre 2,859.46 £ 2,422.50 £      -15.3 %
Buy Apartment Price
London Edit Gibraltar Edit
Price per Square Feet to Buy Apartment in City Centre 1,275.48 £ 709.44 £      -44.4 %
Price per Square Feet to Buy Apartment Outside of Centre 739.22 £ 634.50 £      -14.2 %
Salaries And Financing
London Edit Gibraltar Edit
Average Monthly Net Salary (After Tax) 3,688.11 £ 2,466.06 £      -33.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.51 3.75      -31.9 %
Last update: June 2024May 2024
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