Cost of Living in London
Summary about cost of living in London, United Kingdom:
- Family of four estimated monthly costs are 4,164.80$ (2,990.24£) without rent (using our estimator).
- A single person estimated monthly costs are 1,176.56$ (844.74£) without rent.
- London is 12.88% less expensive than New York (without rent, see our cost of living index).
- Rent in London is, on average, 22.25% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 £ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 £ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 6.00 £ | |
| Domestic Beer (1 pint draught) | 5.00 £ | |
| Imported Beer (12 oz small bottle) | 4.80 £ | |
| Cappuccino (regular) | 2.91 £ | |
| Coke/Pepsi (12 oz small bottle) | 1.50 £ | |
| Water (12 oz small bottle) | 1.13 £ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 3.56 £ | |
| Loaf of Fresh White Bread (1 lb) | 0.90 £ | |
| Rice (white), (1 lb) | 0.70 £ | |
| Eggs (regular) (12) | 2.19 £ | |
| Local Cheese (1 lb) | 2.97 £ | |
| Chicken Fillets (1 lb) | 2.81 £ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.46 £ | |
| Apples (1 lb) | 0.99 £ | |
| Banana (1 lb) | 0.50 £ | |
| Oranges (1 lb) | 0.91 £ | |
| Tomato (1 lb) | 1.16 £ | |
| Potato (1 lb) | 0.54 £ | |
| Onion (1 lb) | 0.51 £ | |
| Lettuce (1 head) | 0.78 £ | |
| Water (1.5 liter bottle) | 0.84 £ | |
| Bottle of Wine (Mid-Range) | 8.00 £ | |
| Domestic Beer (0.5 liter bottle) | 1.82 £ | |
| Imported Beer (12 oz small bottle) | 1.97 £ | |
| Cigarettes 20 Pack (Marlboro) | 12.00 £ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.80 £ | |
| Monthly Pass (Regular Price) | 151.09 £ | |
| Taxi Start (Normal Tariff) | 3.00 £ | |
| Taxi 1 mile (Normal Tariff) | 2.74 £ | |
| Taxi 1hour Waiting (Normal Tariff) | 28.80 £ | |
| Gasoline (1 gallon) | 4.54 £ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 23,300.00 £ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 22,836.61 £ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 180.88 £ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.13 £ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 32.05 £ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 44.78 £ | |
| Tennis Court Rent (1 Hour on Weekend) | 10.46 £ | |
| Cinema, International Release, 1 Seat | 13.50 £ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,441.00 £ | |
| International Primary School, Yearly for 1 Child | 18,146.00 £ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 59.54 £ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 30.15 £ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 69.18 £ | |
| 1 Pair of Men Leather Business Shoes | 86.67 £ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,698.42 £ | |
| Apartment (1 bedroom) Outside of Centre | 1,251.16 £ | |
| Apartment (3 bedrooms) in City Centre | 3,286.84 £ | |
| Apartment (3 bedrooms) Outside of Centre | 2,079.74 £ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,013.68 £ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 518.08 £ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,953.97 £ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.63 |
Prices in London
This city had 3792 entries in the past 12 months by 669 different contributors.
Last update: April 2021
Last update: April 2021
Sources and References
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Nearby cities:| Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
This page in other languages:
DeutschLebenshaltungskosten in London
PortuguêsCusto de Vida em Londres
ItalianoCosto della Vita a Londra
FrançaisCoût de la Vie à Londres
EspañolCosto de Vida en Londres
Japan fascist not only founded the terrorist Myanmar military but also looted together with the support of the terrorist Myanmar military to all the riches of Myanmar which was nurtured for decades to become the richest country in Asia under the great British rule.
Instead of destroying the terrorist Myanmar military easily after WW2, the traitor Nicholas Mountbatten sided with the terrorist Myanmar military probably due to being handsomely bribed by the terrorist Myanmar military to the extent of handing over the sovereignty right to the leader of the terrorist Myanmar military.
If Winston Churchill were still in power after WW2, the terrorist Myanmar military would certainly be destroyed completely for the treason and the fate of Myanmar would be completely different now for good under the British rule unlike the current fake democracy system implemented by the terrorist Myanmar military.
China communist party is the most inhumane organizations, not considering the suffering of the genocide victims of Rohingya though China itself suffered the most terrible atrocities as great as genocide under Japan empire during WW2.
Though India's relationship with Myanmar is much better than China's relationship with Myanmar, India abstained from voting at the Myanmar case against genocide crime in UN assembly recently, at least India didn't support the genocide criminal Myanmar.
India have a sense of humane dignity unlike inhumane China which deliberately supporting Myanmar for its genocide crime in the name of not interfering in its internal affairs.
Whatever China's supporting is non of the business of the world community as long as China is not the head of UN but the problem is that China is the head of UN so the world community is stuck with the untrustworthy China and no whatsoever justice and humane dignity would be rendered by the very inhumane China and Russia.
So without justice and humane dignity being place at the top agenda of China and Russia in its handling of UN matters, both should be kicked out of UN immediately by the world community or else UN is no longer relevant to the world community.
As it searches directly in their websites, you can save a list and update the prices in a different day.
Here is the link:
https://apps.apple.com/gb/app/your-best-option/id1528938776
It’s free.
Regards
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I need to know how much money my parents need to send me monthly.. any idea ?
I'm quite interested in visiting the UK next year for 2 weeks with my wife. We plan to seek new careers in the UK. I'm currently a National CI/BA manager in South Africa, and she is a Creditors manager. Any advice for us. We have both achieved 4 years of diplomas. Mine include Purchasing and Supply chain management, Advanced Logistics and Operations management, Project management, and Business and Systems Analytics. Do we stand a chance?
If you’re experienced in IT or Finance you should target a 6 figures salary
And what are the expenses in details, if someone could help me. thank you in advance.
Should include majority of London which is zones 1-6
(1 bedroom)
(60 meter)
In a moderately good neighborhood
Your faithfully
Gross income £7,416.67
Personal allowance £1,041.67
Taxable income £6,375.00
Income tax £1,925.00
National insurance £478.68
Pension (2%) £148.33
Net income per month: £4,864.65
1, get a new girlfriend, travelling back to Turkey (the country, not the bird , if any Americans reading this) might not be a good idea on a long term
2, to much noise in that area, there are nice places in zone 2 , quiet and cheap. You can walk from there to work as well.
3, going out 4 times / month..clashes with no 1 ..or adds up. Your "going out" will also include the 300 £ for travel.
Street food in the 6-10 gbp range
Mid level restaurants courses in the 10-18 range
Transportation is among the most expensive in Europe, expect to pay 13 gbp a day or 130 a month for the tube, Uber are ok for short trips but if you need to go to Stansted are 100 gbp, slow train to Manchester for 50 gbp
To live a very comfy life you need 80k+ gross a year
I got an offer of 89k GBP (gross, annual). I believe the net comes out at 5k per month.
I am not married but I have a girlfriend (whom I love very dearly) that I need to visit frequently back in Turkey (I believe this would cost me 300 GBP for traveling twice). I also have a fixed monthly cost of 400 GBP back in Turkey.
So, my disposable income is about GBP 4,300 per month. I would appreciate any feedback on the below (see if my math works out).
- I expect to pay 2,000 for rent (want to live alone in a 1br flat around Marylebone, walk to work)
- Utilities/internet/council tax cost 250
- Groceries 300
- Going out 4 times a month (dinner and movies for two, with the girlfriend of course) 300
- Breakfast/lunch or dinner during the week (at work, etc.) 400
So this leaves me with a monthly spend of 3,250, which leaves me with about a thousand pounds to spare each month. Does this math sound about right? Also, do you think I could ask my girlfriend to come with me?
As in, is my salary enough to support us both? She could get work after moving but in the worst case scenario. As you may have realized from my estimates above, I dont want to kill myself to save money, etc. I have been lucky enough to have lead a good life until now (27 years old and counting) and I want to keep the same standard. No vacations until she gets a job too I guess but that's okay :)
Appreciate any help, thanks a lot in advance.
It should be at least 3000pounds for an average position.
Transport. One-way bus ticket is £1:50.
Transport all depends on zones.
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Semi-skilled, same as the above with 10-20% more money.
Skilled (ex. electricians)- average gross paid by employer 43K per year, on payslip 39K, net 30K.
Average in financial services- paid by employer 61k per year, on payslip 55K, net 40K.
Average, all salaries, London- paid by employer 39K per year, on payslip 35K, net 30K.
Go to Rightmove.co.uk (relevant real estate site in UK), you can see what prices are in that area. Check crime stats, employment, ownership etc before you buy. If i were you i would buy a house, most flats are "lease" (ex. for 100 years) and you don't own the property. London has allot of boroughs were you have one or two nice streets surrounded by bad areas (ex. Elephant and Castle).
@Anonymous on Mar 19, 2019
Queen does not elect Parliament, does not control the executive, etc. Most of tax is spend on wealfare paid by those who produce (ie. not the people on "free stuff"). For example, 75% of budget is paid in by 20% of active individuals, so they are outvote every time because people on "free" healthcare, schools, housing etc have more votes at any election.
Thank you,
Best wishes,
Dr Max Willow
Paddington NSW 2021
Australia
Yes you can make lots of money in london , but you have to be very smart
I had a friend who moved from Delhi 7 years ago and has his own house in Lonon and drives a 50K pound car.
He's only 29
anyway
good luck
London is a beuatiful city i would say similar to delhi but much cleaner, organised and full of wealthy people
I recently got a good offer to move to London from Amsterdam. Gross pay of £170k and I am looking to live in Central London where I work. I am in my mid 20's and single.
Any suggestions on the locations to live near Buckingham street is appreciated.
Warm Regards,
Laz
Need some suggestions for managing my money.
Hi Davide - Thanks so much for your detailed response. Helps a lot. Lends perspective as well. I do have a few more questions. Hope that's okay.
(1) My office is in Canary Wharf. Where do you think i should stay? I would prefer a shared accommodation (not more than 2 or 3 ppl max). I am willing to spend 1K for rent and utilities
(2) In your apartment, do you have a kitchen (where you can cook), refrigerator, washing machine, etc? Or do you need to purchase them separately?
(3) On an average how much will other expenses groceries, food (i will have lunch and dinner outside), phone bill, wifi, gym (average gym), cost per month, metro rail? Will 1K suffice for all this?
Thanks,
Sashank
As I said, I’m paying £850 for the rent in a shared house: it’s an ensuite room, which means I have my own bathroom in my bedroom.
Usually in shared houses all the bills are included (water, electricity, internet, council tax) so you just have to pay for the rent.
Tv licence is usually excluded. Also to note, it’s true that the bills are included, but usually in the contract with your landlord it’s specified a fair threshold of usage, which means that if you spend really a lot, the landlord can ask you to pay for the excess (eg. for me the threshold was around £60/70 per month, which means in a house of 4ppl = £300, you will never get even close to that, so don’t worry about this).
My house is in zone 2 (finsbury park, chek on google maps), so quite central: it takes me 30/40 min to go to work in zone 1(shoreditch) with the bus, but this really depends on where you find your place/where you work. It can be faster (and a bit more expensive) with the underground.
As a general rule I think it’s not worth searching for a place further outside the town to get it cheaper, but to have to spend more on the commute (both money and time): this is true especially if you don’t have a family, so you are more flexible. With a family it can be slightly different though, so it depends on you.
The room is a good size for me:big closet, double bed, a decent desk. The bathroom is ok for me, sink/toilet/shower, I don’t need more than that :)
If you are searching for a room in a shared house (which I suggest you if you are moving to London/Uk for the first time, as you will get to know more ppl which can help you), you can easily find something decent starting from £650/700, especially now that schools already started for the new year, and so the demand for houses has gone down a bit (after the summer is the highest peak of requests, so rents can increase a bit, that’s when I found my room at that price).
For a house on your own instead you would probably spend at least £1300/1500 per month, maybe more.In this case it may be worth going a bit out of the really central places, depending on the quality of the house you are searching.
I’m quite good at managing my money, and I do not waste them, but even with quite some more expenses I could be easily stay above £2k savings per month.
Just ask if you need something else :)
Hi Davide - I went through your comment below and i am really interested. I might move to London soon and my take home salary will be the more or less what you have mentioned (4.3K). I am given to understand by my friends in London that i can probably end up saving 10-15% of my salary. However, you have mentioned that you are saving 3K!! Now i would really like to know the break up of 850 pounds for rent and utilties. What is your room size, how far is it from citi center and what is the rent you are paying? Could you please help me with this? Thanks.
Sashank
I strongly disagree with what you say.
£78k net per year means £6.5k per month, which is a LOOOOT for a single person!
Considering a 1bedroom flat of 50sqm @ £1.
5-2k per month, you are left with still more than £4k.
Even eating in restaurants every day at lunch and dinner, you would spend no more than £1.
5k.
And if you go out and get drunk each night od the week in clubs, you would spend around 100£ per night for 10gin tonics!!
Only then, doing this kind of life every single day of the month you would be able to spend all your salary.
But you would also do NOT need the flat, as you would eat and live all the time outside!
Also, an adsl doesn't cost 50£ per month, plans start at 20£.
The same for mobile plans, starting at 10£ with really good offers (I'm paying 7£ actually, and it's more than enough with unlimited calls and enough data).
From what you said you are either never been in London, or simply accepting the first offer you are proposed without really looking and getting some real info from other retailers/agencies/markets/etc.. Or you are basically blind.
A single person can easily live with a lot less than that.
My salary is £4300 net per month.
I spend £850 (all bills included) in a nice ensuite room in zone 2, residential area (Finsbury park), with nice people in a shared flat (4 in total, me + 3 other).
I spend less than £50 per month to go to work (Shoreditch, zone 1) with bus - I'm lucky in this case, but in the worst case you could spend up to 100/150£.
For lunch I sometimes bring food from home, sometimes go out (£5 to £15 per lunch).
I spend £7 for mobile plan (unlimited calls/messages, 3GB data).
I don't smoke.
Once a month I go to the cinema.
Twice a week go out with friends in pubs, drinking like average people.
I spend probably £150/200 per month on food (asda, tesco).
I buy normal food, go out to restaurants sometimes and more frequently to pubs, and at the end of the month I easily save at least £3k.
Even going out more often and with more expensive lifestyles (expensive gym, lot of cinemas, lot of expensive shopping, travelling to another country once a month, etc), I would hardly go below £2k savings per month, which would still be ok.
I'm living in London for the past some time. Please feel free to ring me up on 07774646958 if you have any queries. I'll be happy to help with what information I have. I'm a bachelor here, so have got all the time in the world to clarify your queries.
You are the ignorant and ill informed. If a employer pays a gross of 39k wile employee gets (on payslip you see 35k) a net of 22k and he needs to share rent, go out as little as possible, use public transport, don't buy "expensive" stuff (ex. nice holidays) and not saving half of his net income what is the point of moving to a new country/city. To do all that gross income needs to be 50k.
@All
"Central London" it's big, most of it (except posh areas) are council estates with allot of dodgy people who live on benefits. Public transport is overcrowded (literally), especially at peak times, wile most infrastructure is old, some of it really old (ex. Bakerloo line), comfort it's out of the question wile prices are not cheap. Roads are full of potholes and insufficient for number of cars, most of tax in UK is spend on "vulnerable people" who have the right to vote (talk about conflict of interest), etc etc
Safety not a priority to our Socialist Muslim mayor (religious terrorism is normal according to him), we are not as bad as "gun free zones" Venezuela but it is not as safe (or clean) as other big cities (ex Tokyo).
If you need to share a flat/house (some share a room), eat fast-food like chicken & chips and use a bicycle (better to walk if possible) you are probably better off were you live now.
PS: for couples with children it's even worse
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I earn £2100 after tax.
Often you will find rooms to rent that include all bills, such as council tax/ water/ internet etc. I’m the centre of London ( just south of oxford street), I pay £800 a month inclusive of all bills to share a flat with one other person. Admittedly this is a very good deal and whilst you could of course pay more, generally bargain on between £600 and £1000 per month for a double room in a flat/ house share, including bills, zone 1-2. A friend and his partner live in Belsize Park ( Zone 1/2 border, upmarket area) and pay £1850 per month for a one bedroom flat, including all bills.
Transport- the underground system is expensive but actually very easy to navigate and contrary to other comments infinitely better than say New York’s subway. Zone 1-2 monthly pass; £ 131.
But: I cycle everywhere and many people do, we have a good cycle network currently being built at huge cost. Remember, London is a flat city so cycling is a great and free way to commute.
Food: Londoners in an average wage generally will only eat out max a couple of nights a weeek, the culture is more drinks related which probably is a reason why the casual restaurant scene isn’t so great. A pint ( half litre approx ) of beer will cost £3.50-5 generally.
To summarise, You can definitely live in London as a single person on approx £35k a year ( before tax) if you are happy to share a flat and go out a few nights a week. To live alone and centrally ( zone 1/2), eat out 5 times a week, good gym/ personal trainer etc bargain on 75k onwards.
Now, on the minimum wage ( currently £6.70 per hour) you will have a very hard time unless you work 60 + hours a week. You will live far out, have long commutes to work and find life more difficult. At this bracket working in central London restaurants with high customer turnover and regular tips would be your best option; you would be paid minimum wage plus if your lucky the same again in tips ( Londoners will tip 10 percent generally for good service) bringing your hourly wage to approx £12. If you are fluent in English and well presented, try your luck getting work as a lettings negotiator ( real estate) and you should be looking at £20k to £25k starting salary per year, including commission. With a driven work ethic, qualifications and even experience are often not required, plus this will rise depending on how good you are to potentially £50k.
Good luck and make the city work for you!
Rent is ridiculously high as well as everything else
I am on London Living Wage and still find it hard to make ends meet ( I earn approximately 1200 per month after tax) ...
Myanmar Rohingya militants massacred Hindus, says Amnesty
http://www.bbc.com/news/world-asia-44206372
It is absolutely unlogical even just to think the most helpless, almost annihilated Rohingya carrying out a massacre upon Hindu on top of themself almost being wiped out by Myanmar.
Myanmar should not be fooling around with other nation spreading fake and made-up news because other nations are not foolish neither to be easily cheated by the made-up news of culprit Myanmar.
Everyone should take a moment to feel in the shoe of Rohingya currently suffering helplessly who have clearly no future, thanks to the inhumane atrocities carried out by culprit Myanmar.
Time to unleash immediate punishment actions upon the greatest Evildoer Myanmar by showering it with the first punishment step of comprehensive sanctions on Myanmar.
Thousands of Rohingya rape victims expected to give birth
https://www.ctvnews.ca/mobile/world/thousands-of-rohingya-rape-victims-expected-to-give-birth-1.3939466
The atrocities happens only under the Suu Kyi government, not under the previous government so Suu Kyi should be prosecuted under the international criminal court for crimes against humanity.
While Rohingya are suffering inhumanely, shameless Suu Kyi's ministers are busy attempting to expand citis across the country including Yangon as well as places where Rohingya's land and houses were confiscated illegally to accommodate to more probably but not certain foreign investments, mostly coming from like-minded Communist China.
It is time to undo Obama's greatest history mistake and impose comprehensive sanctions on Myanmar immediately again.
And this time China must be punished to the extent of being imposed comprehensive sanctions if China violated sanctions on Myanmar.
The greatest virtue is to save a human race such as Rohingya from almost being wiped out.
This is exactly where the leadership role of UN must be amplified that fairness and justice prevail internationally under UN.
whereas China questionable, unworthy role of the permanent membership of UN, especially standing behind inhumane Myanmar upon Rohingya genocide is hopeless for the international communities so the permanent membership of China must be reconsidered whether or not sick China is worthy or fitting of the role.
Gang-raped while pregnant, watching their sons be beheaded and burned and beaten by soldiers – brave Rohinga women tell their horrific stories after escaping the Burma purge
https://www.thesun.co.uk/news/5082256/pregnant-rohingya-woman-gang-raped-by-soldiers-after-they-beheaded-her-son-among-the-brave-survivors-who-escaped-the-burma-purge/
‘We’ll Turn Your Village Into Soil’: Survivors Recount One of Myanmar’s Biggest Massacres
https://www.wsj.com/articles/burn-the-houses-rohingya-survivors-recount-the-day-soldiers-killed-hundreds-1526048545
I'm living in Brazil, and I'm planing to relocate to London with my wife. I'll receive a package of approx 40k.
My wife most probably will find work when we settle.
But for start, is 40k /year ok for living well (£2,548.41 monthly)?
thanks!
Thanks in advance
I am receving a package of approx 45K.
I plan to come with my wife and a 2 year old child.
Is it worth to relocate?
Would I be able to sustain a conformable life and save decently?
I leave a message here to all foreigners moving to the wonderful city of London.
Please note that as a foreigner, you will have to pay a premium on rent!!
Make sure to have a guarantor, or at least be ready to pay +6-8 months in advance worth of rent!
Do NOT forget about the council tax! The Borough of Westminster charges GBP150 per month! Even the cheap Boroughs like Camden, Tower Hamlets charge GBP 125 per month!
Also, make sure you try to arrange with your landlord a fixed price for 2 years as typically landlords will increase the rent after one year.
I have been living in london for the past 20 years and rented for about half of that time, and it happens every single time.
It is a nice way to save money if you know you will be staying for more than a year!
For a flat larger than 50sqm , you will almost certainly will have to search outside the city. Therefore, Zone 2,3. This is for your budget.
With 50k net of taxes, you would most likely have to live outside the city, in the outskirts if you want to live unworried.
You can also look at places which they call ''up and coming'' like Angel, Islington, Shoreditch. It has a more alternative vibe and some homeless people, but if you choose the right places, you can find a good street. And/or live with other 3-4 flatmates which can be a lot of fun.
To live in london by yourself in a one bed flat you would need to make approx 75-78k net = 130k GBP per year gross.
Also take into account you will have to pay 1,400 on council tax a year! so add that to your calculations as well. Plus utilities of 200 per month more for electricity and water. Plus other 50 for internet. Plus your mobile phone plan for another 50 pounds if you choose a cheap plan.
This website is very misleading as it suggest a flat in the city costs 1,700 per month which is hardly true for a decent place and not a studio.
Can you advise on what kind of life a net (after taxes) 50k per year buys in London? What are the tradeoffs of a bigger flat in terms of distance from zone 1? Where should one look for a bigger (50sqm+), cheaper accomodation? Is it a viable option to live a bit farther but pay less for the flat? Thanks in advance!
I encourage you to check for prep school scholarships if you are coming from abroad for your children.
I myself know quite a bit as I have been living here for the last 15 years
Hope it helps!
Remember you also have to pay bills, council tax, medical insurance, retirement plan, school, etc.
For one person living alone, gbp 135 gross = 81 net of taxes would be OK ish.... without any savings.
People on minimum wage live in "housing estates" and rely on "benefits" (like child tax credits, working tax credits etc) + the "free stuff" like dental treatment :)
With the right to vote one can "outvote" the creative & hard working, tax them to death and make them pay "their fair share" to support the "democratic majority"...LOL.
UK it's socialist(Frankfurt School/Fabian) with some capitalist niche areas , now you know the truth.
PS: 6 million people (UK) age between 18-60 never worked yet they have free housing, free health, free school, etc + trillions of unfunded liabilities like state pensions (Ponzi scheme)...HEDGE accordingly.
I am receving a package of 85K all inclusive of bonus, insurance, pension etc.
I plan to come with my wife and a 4 month old child.
Is it worth to relocate?
Would I be able to sustain a conformtable life and save?
I need advice from you people.
I have offer from one company in Gatwick, can you please let me know what is average cost of living there in Gatwick, i m single but i have to support my family from there. What will be my minimum cost per month?
Do not come to London for 30k. This will be a struggle. London has very low quality of life, high stress and logn commutes.
As a person said below, you don't want to be in 30s and share rooms... or 40s even. If you want to eat Tesco meals, live in tiny dirty room, you can survive with 30k. In reality, anythign remotely close to normal life needs over 50k, likely over 70k.
For those who come from continental Europe, and are used to eg 50m flat, this is luxury in London.
I advise people to think this through... I found much better paid jobs in Germany big flat being 5-10x less expensive, food 50% price etc. Indeed, in some place you can live well for less than room price in London. Not to mention, it's clean, things run on time, less stress, savings possible at high rate.
@Moira, there is very little car idnustry in UK... go to Germany, Stuttgart area is very good.
In a nice area (usually it's NOT city center) with clean streets, no crime, good schools and live alone in a house(not flat) with your family (quality of life) you need to travel around 50-80 minutes away from job (unless working from home). A revenue of 4k a month after tax if you are employed (self employed is different) it's what you need. Employer needs to pay around 6.5k before tax (700 pounds not on the pay slip because tax man says it's "employer national insurance", LOL)...you need to be a high skilled productive employee to have that kind of wage/salary.
Our current socialist Muslim mayor wants to ban Uber and says that religious terrorism is "a normal thing in a big city" so the future is not good.
Long story short NO (2270), it is not enough , unless you want to share rent and live in a "shitty" area^
^From a "western" quality of life perspective, not 3rd world (witch we can have on most of the "planet").
I have been offered a job with T2 visa in London with annual salary 35K. Is it a good amount as I will be moving with Family. ( me + wife + 1Yr child). As I saw from many websites, my take home salary would be around 2270 after tax. Will it be too tight ?
Thanks in advance.
Akshay
I have been offered a job with T2 visa in London with annual salary 35K. Is it a good amount as I will be moving with Family. ( me + wife + 1Yr child). As I saw from many websites, my take home salary would be around 2270 after tax. Will it be too tight ?
Thanks in advance.
Akshay
am planning to study PhD in London and i want to ask if 1,000€ is enough for me?
(we can escape the cost of accommodation)
Thank you :)
I would be moving alone - so no family involved. Would you say that 35k for a young professional (26 y.o.) should be enough to start with?
Yes 30K is way too less if you are moving with your family. You will live a goof life but won't be able to save much rather none. If your salary is 40K plus then you can save some.
I was offered a job as a structural engineer in the outskirts of London. I have 3 years experience in other EU country but no UK experience. The salary is about 30k. Isn't that to low? I mean where I live now, I get +40% than national average and keep 35-40% in savings.
Every comment is appreciated :)
I would not take the offer especially now with a worthless pound. I am making 75K + bonus (single and no kids) and I am struggling to make any saving (all I save is for my vacations).
People saying 50K is enough are people sharing flats, commuting for long time and counting the pennies(I see my colleagues eating Tesco sandwiches everyday trying to save few quids a day), if this is the life you are looking for, then 50K is going to be enough.
Good luck.
The city is very dirty, public services in UK are a joke, tube is a joke...the place is full of yobs, badly behabvioured youth etc.
Unless you come from a third world country, and are desperate, do not come.
If you have any skills, you will live far better even in poorer European countries, where rents are 20x lower, and you have some quality of life. You will save more money as well.
I've lived in London for years...never again. Unless you can earn at least 100k, forget life. Many spend 80% on just rent in tiny tin can, often in crime infested neighbourhoods.
Forget buying house etc. Just about any other place is better, choose any rich continental country...London is truly a dump.
Work hours are very long, pay is low, and worker security terrible. Do not come here and waste your life like some of us did. It's a disgusting city.
Learn another language and go to a proper country, with far higher purchaisng power. Or be stuck in poverty here where bathroom can cost 1m, and you can't get a decent broadband quite often.