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New York vs London

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in London, UK, you'd need

$66,977 / year

London, UK is 11% cheaper overall

Category breakdown (London, UK vs New York, NY)

  • Housing-23%
  • Food & groceries0%
  • Transport+7%
  • Utilities+20%
  • Healthcare-16%
  • Goods & services-5%

Full comparison

New York, NYLondon, UK
Cost of living
Overall cost index154138
Housing232178
Food118118
Transport122130
Utilities108130
Healthcare10588
Goods & services128122
Housing
Rent, 1-bed centre$3,800/mo$2,600/mo
Rent, 1-bed outside$2,600/mo$1,850/mo
Rent, 3-bed centre$7,500/mo$5,200/mo
Buy price / m² centre$15,000$16,000
Money & purchasing power
$1,000 goes as far as$649$727
Inexpensive meal$25$20
Monthly transit pass$132$200
Taxes
Income tax (top rate)37%45%
VAT / sales tax0%20%
Social security (employee)7.7%8%
Corporate tax21%25%
Capital gains20%24%
Economy & salaries
Avg net salary$4,300/mo$2,900/mo
Minimum wage$1,257/mo$2,050/mo
GDP per capita$82,000$49,000
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyNativeNative
Coworking spaces200250
Time zoneUTC-5UTC+0
Quality of life
Safety index5555
Healthcare index7874
Pollution index5560
Internet speed200 Mbps90 Mbps
Walkability9088
Public transport8592
Family-friendly5562
Tap waterSafe to drinkSafe to drink
Health insurance$500/mo
Life expectancy79 yr81 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg0 °C+5 °C
July avg+25 °C+19 °C
Sunny days / year234106
Rainfall / year1,200 mm690 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: United States vs United Kingdom. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Is New York cheaper than London?

London is about 11% cheaper than New York overall — its cost-of-living index is 138 versus 154 for New York.

How much do you need to earn in London to live like in New York?

To keep the same standard of living, a $75,000 salary in New York is worth about $66,977 in London. Enter your own figure in the calculator above.

Which has lower taxes, New York or London?

United States has the lower top income-tax rate — 37% versus 45% in United Kingdom.

More comparisons from New York

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.