CostTrek

Cost of living

London

London, United Kingdom

138
Overall cost index
US = 100
$2,600
Median 1-bedroom rent
+38%
38% above the US average

In plain terms: London is about 38% pricier than a typical US city. A one-bedroom in the centre runs around $2,600/month.

Cities in United Kingdom

Category breakdown

Index vs the US average — the line marks 100. Lower is cheaper.

  • Housing178+78%
  • Food & groceries118+18%
  • Transport130+30%
  • Utilities130+30%
  • Healthcare8812%
  • Goods & services122+22%

About

The Big Smoke

Europe's financial capital — unmatched jobs, culture and connections, paid for with some of the highest rents on the continent.

Currency
Pound sterling · GBP
Languages
English
Coordinates
51.51, -0.13
Emergency
999

What things cost

1-bed, city centre$2,600 /mo
1-bed, outside centre$1,850 /mo
Inexpensive meal$20
Cappuccino$4
Monthly transit pass$200
Utilities (85 m²)$260 /mo
Internet, 100 Mbps$35 /mo
Gym membership$55 /mo

Taxes

45%

Income tax

progressive

20%

VAT / sales

8%

Social (employee)

25%

Corporate

24%

Capital gains

$2,900

Avg net salary

per month

Plus National Insurance.

Visas & residency

Points-based Skilled Worker route; Global Talent for top professionals.

Short visits visa-free for EU/US/many; work needs a visa.

Skilled Workerwork

Job offer from a licensed sponsor.

Global Talentwork
Indefinite Leave to Remainresidence

Permanent residence after ~5 yrs. Citizenship after ~6 yrs.

Quality of life

Safety

55/100

Healthcare

74/100

Pollution

60/100

Internet

90 Mbps

Jan avg

+5 °C

Jul avg

+19 °C

Sunny days

106/yr

Walkability

88/100

Relocation & documents

Coming soon

Where to look

RentRightmoveBuyZooplaFlightsSkyscannerInsuranceSafetyWingCoworkingWeWork

Updated: 2026-08-14 · Sources: Cost/quality survey (placeholder) · National tax authority / OECD (headline figures)

? Frequently asked questions

How much does it cost to live in London, UK?

London, UK's cost-of-living index is 138 (US average = 100) — about 38% more expensive than a typical US city. A one-bedroom apartment in the centre costs around $2,600 per month.

What is the average rent in London, UK?

A one-bedroom in the city centre averages about $2,600 per month, and around $1,850 outside the centre.

What taxes would I pay in United Kingdom?

United Kingdom has a top income-tax rate of 45% and a VAT or sales tax of 20%. See the taxes section above for the full breakdown.

What is the weather like in London, UK?

London, UK averages around +5 °C in January and +19 °C in July, with roughly 106 sunny days a year.

Compare London with…

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