Cost of living and prices in London, prices of food, rent, shopping, etc. 🇬🇧
Updated Jul 2023

Discover the cost of living in London, United Kingdom, a bustling city located in Northern Europe. With coordinates of 51.50735 latitude and -0.12776 longitude, London is situated 25 meters above sea level. Home to over 8.9 million people, it operates on the Europe/London time zone, GMT: 0.0.

London is known for its cosmopolitan vibe, top-notch entertainment, and rich history. From world-famous landmarks like the Tower of London to high-end shopping on Oxford Street, there's something for everyone in this vibrant city. Whether you're a student, young professional, or retiree, London offers a diverse range of living options to fit any budget. With our cost of living page, you can easily compare prices for housing, transportation, food, and more to help you make informed decisions about your next move to London.

Planning a move to London? Get all the information you need on our cost of living page, from average rent prices to the cost of a pint in a local pub. With our helpful and up-to-date data, you'll have a clear understanding of what it takes to live comfortably in this exciting city.

Cost of Living Estimate in London

Total cost of living in London for two person with average consumption for one month will be 1863.34 USD, no rent price included. Click here to calculate cost-of-living estimate in London

You can calculate cost of living in London by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

When it comes to restaurants and eating options in London, travelers will be spoiled for choice. The city is renowned for its vibrant food scene, which offers a diverse range of cuisines from traditional British fare to international delights. Some of the most popular eating options in London include Michelin-starred restaurants, stylish cafes, and trendy street food markets that offer a mix of flavors and experiences.

For travelers looking for a memorable dining experience, London has no shortage of top-rated restaurants. The city boasts some of the best fine dining establishments in the world, serving up exquisite dishes made with high-quality ingredients and presented with flair. From classic British dishes to European and Asian-inspired cuisine, there's something for everyone. For those who prefer a more casual dining experience, street food markets such as Borough Market and Camden Market are a great place to discover a variety of flavors. These markets offer a diverse mix of food stalls serving everything from authentic Indian curries to vegan burgers and artisanal desserts.

Meal in Inexpensive Restaurant
20.42 $
Meal for 2 People, Mid-range Restaurant, Three-course
81.69 $
McMeal at McDonalds or Alternative Combo Meal
8.17 $
Domestic Beer, 0.5 liter Draught
6.81 $
Imported Beer, 0.33 liter Bottle
6.81 $
Cappuccino
4.03 $
Coca-Cola, 0.33 liter Bottle
2.07 $

Markets prices

Market prices in London, United Kingdom can be quite high due to the city’s reputation as a global financial center and cultural hub. This means that prices for goods and services like food, housing, and transportation tend to be higher than in other parts of the country. However, London also offers a wide range of attractions and amenities that make it an exciting and vibrant place to live and work.

The fluctuation of market prices in London can be affected by a number of factors such as uncertainty around Brexit negotiations, international economic trends, and the supply and demand of different industries. For example, certain areas of London may experience a surge in demand for housing, which can drive up prices, while other areas may experience a downturn in tourism or business, leading to lower prices. Overall, though, London remains a sought-after location for many professionals and travelers, despite its reputation for high costs.

Water, 0.33 liter Bottle
1.55 $
Milk, Regular,1 liter
1.28 $
Loaf of Fresh White Bread, 0.5 kg
1.39 $
White Rice, 1 kg
1.96 $
Eggs, 12 pack
2.98 $
Local Cheese, 1 kg
9.34 $
Chicken Breasts, Boneless and Skinless, 1 kg
8.33 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
13.08 $
Apples, 1 kg
2.82 $
Banana, 1 kg
1.61 $
Oranges, 1 kg
2.63 $
Tomato, 1 kg
3.46 $
Potato, 1 kg
1.70 $
Onion, 1 kg
1.55 $
Lettuce, 1 head
1.12 $
Water, 1.5 liter Bottle
1.21 $
Bottle of Wine, Mid-Range Price
10.89 $
Domestic Beer, 0.5 liter Bottle
2.45 $
Imported Beer, 0.33 liter Bottle
2.72 $
Pack of Cigarettes
16.34 $

Transportation prices

London is a city with a plethora of transportation options for travelers. First on the list is the famous London Underground, also known as the Tube. With 11 lines and over 250 stations, this subway system is a convenient and reliable way to explore the city. Visitors can purchase an Oyster card or use contactless payment to travel, and can easily navigate the Tube map to plan their journey. Additionally, buses and taxis are readily available in London, providing alternative options for those who prefer above-ground travel. With multiple bus routes and iconic black cabs, visitors can easily get around the city without the hassle of navigating a foreign road system.

For a more unique transportation experience, visitors can also take advantage of London's riverboat services. The Thames River flows through the heart of the city, and riverboats provide a charming and scenic way to explore its iconic landmarks. Boats run regularly and offer beautiful views of the city from a different perspective. Additionally, visitors can rent a bicycle and explore the city's many cycling routes. With bike rental stations scattered throughout London, travelers can enjoy a more active and eco-friendly way of traveling. These transportation options in London offer a diverse range of ways to get around and explore the city, making it easy for visitors to find the perfect fit for their travel needs.

One-way Ticket, Local Transport
3.81 $
Monthly Pass, Regular Price
204.23 $
Taxi Start, Normal Tariff
4.08 $
Taxi, price for 1 km, Normal Tariff
2.31 $
Taxi, price for 1 hour Waiting, Normal Tariff
39.21 $
Gasoline, 1 liter
1.69 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
30,995.78 $

Utilities Per Month prices

Utilities cost in London, United Kingdom can be a bit of a surprise for people traveling there. The cost of electricity, gas, and water can be higher than expected, and travelers should be prepared to budget accordingly. It is also important to know that many accommodations in London do not include utilities in the price, so be sure to check before booking.

While utilities can be expensive, there are ways to save money. Consider staying in a hostel or shared accommodation, where the utilities costs are split amongst multiple people. Additionally, many restaurants and cafes offer free water, so take advantage of that rather than purchasing bottled water which can add up quickly. Overall, utilities cost in London is something to keep in mind when budgeting for a trip, but with a bit of planning, it doesn't have to break the bank.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
244.39 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.18 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
42.60 $

Sports And Leisure prices

London, the bustling capital of the United Kingdom, has much to offer visitors in terms of sports and leisure activities. Whether you're a sports enthusiast, a fitness fanatic, or simply looking to relax and unwind, London has something for everyone, from world-class sporting events to beautiful parks and green spaces.

If you're a sports fan, you'll find plenty to keep you entertained in London. The city boasts many iconic sports venues, including Wembley Stadium, home of English football, and Lord's Cricket Ground, one of the most famous cricket stadiums in the world. Football, rugby, cricket, tennis, and athletics are just a few of the sports you can watch live in London. In addition to watching sports, there are also plenty of options for getting active yourself, from swimming and cycling in the city's parks to joining a local sports club. And if you prefer a more leisurely pace, why not take a stroll along the River Thames or enjoy a picnic in one of the many parks and green spaces dotted throughout the city?

Fitness Club, Monthly Fee for 1 Adult
60.30 $
Tennis Court Rent, 1 Hour on Weekend
15.13 $

Salaries And Financing prices

London is one of the most expensive cities in the world, which is reflected in the high salaries paid to some of its residents. Professionals in industries such as finance, law, and technology can make six-figure salaries or more, making it an attractive destination for ambitious individuals looking to earn a high income. However, it's worth noting that the cost of living in London is also high, which can eat into those salaries. For travelers, this means that while London restaurants, attractions, and shopping can be expensive, there are also plenty of free or affordable things to do that won't break the bank.

Financing in London can be a complex and varied topic, depending on your needs and circumstances. For those traveling to London, it's worth researching the various options available for exchanging currency, as rates can vary widely between banks and currency exchange offices. There are also plenty of free ATMs in London, although be aware that some banks may charge a fee for using overseas ATMs. Credit and debit cards are widely accepted in London, so it's a good idea to inform your bank of your travel plans before you leave so that your card isn't blocked for suspicious activity. Overall, London's robust financial industry means that there are plenty of options available for managing your money during your stay.

Cinema ticket, 1 Seat
17.02 $
Average Monthly Net Salary, After Tax
3,872.95 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
2.77 %

Childcare prices

The cost of childcare in London, United Kingdom is notoriously high, with some parents spending a significant portion of their income on it. This is especially true when it comes to schools and kindergartens, which are often the most expensive options. The high demand for these services means that competition is fierce, and many parents find themselves having to pay a premium for the best schools and kindergartens.

The cost of childcare in London can be a major concern for parents, and many struggle to find ways to afford it. Despite this, quality childcare is essential for working parents, so they often have to find creative solutions to manage the cost. Some families may choose to opt for alternative care options such as nannies or au pairs, while others may choose to work flexible hours or use government-supported options. Despite the challenges, many parents in London are willing to make the sacrifice for the sake of their children's education and wellbeing.

Private Preschool or Kindergarten, Monthly for 1 Child
1,977.78 $
International Primary School, Yearly for 1 Child
24,706.01 $

Clothing And Shoes prices

If you're looking for trendy and stylish clothing and shoes, then London is the perfect shopping destination. The city boasts of several high-end fashion boutiques and designer stores that stock the latest fashionable clothes and shoes. These stores may be a bit pricey, but their quality and uniqueness are unparalleled. Whether you're looking for streetwear, formal wear, or the latest designer sneakers, London's fashion stores have everything you need to update your wardrobe.

For the budget-conscious shoppers, London also has several affordable clothing and shoe stores that sell quality items without breaking the bank. You can find everything from vintage clothing to second-hand designer items, all at very reasonable prices. Street markets and small boutique shops are also great places to find unique items at affordable prices. So whether you're a fashion enthusiast or just shopping for practical wear, London has something for every budget and style preference.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
91.92 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
44.58 $
Pair of Running Shoes, Mid-Range Price
97.57 $
Pair of Leather Business Shoes
125.07 $

Rent Per Month prices

If you're planning to visit London and stay for a short period, there are plenty of options to choose from. Short-term rentals are becoming increasingly popular, and there are various websites and services available that offer flexible and affordable options. You can rent a room, an entire apartment, or even a house for a few days or a few weeks. These options are generally more cost-effective than hotels, and they also offer more space and privacy. However, prices can vary depending on the location, size, and amenities of the rental property.

Many short-term rentals in London are fully furnished, and they come with all the necessary amenities such as Wi-Fi, kitchen equipment, and even cleaning services. They are ideal for tourists, students, or business travelers who require flexible accommodation options. Some short-term rentals are located in central London or popular tourist areas, while others are in the suburbs or residential areas. It's important to do your research before booking to ensure you get the best deal and the most suitable location for your needs.

One bedroom apartment in city centre
2,316.43 $
One bedroom apartment outside of city centre
1,709.69 $
Three bedroom apartment in city centre
4,326.11 $
Three bedroom apartment outside of city centre
2,833.59 $

Buy Apartment prices

Real estate buying options in London, United Kingdom are vast and varied. The city offers a diverse selection of properties ranging from luxury apartments to charming terraced houses. As a leading financial centre of the world, London attracts many investors, both domestic and international, who are looking to take advantage of the city's booming real estate market. With a range of options for buyers, from historic homes to contemporary new-builds, London is a city that has something to suit every taste and budget.

Prices in London's property market can be high, but the city's growth and development over recent years has made it an attractive place to invest in. The demand for property in central London from both domestic and international buyers has driven up prices, making it one of the most sought-after locations in the world. However, the market is also supported by demand for properties in London's suburban areas, which are increasingly popular among first-time buyers. As such, the city offers a number of different price points, and with careful research and guidance from experts, it is possible to find a property that suits your budget and preferences.

Price per m2 to Buy Apartment in City Center
15,924.32 $
Price per m2 to Buy Apartment Outside of City Center
8,233.93 $