CostTrek

✦ Cost of living

United Kingdom

National taxes, visas and economy — plus every city we track in United Kingdom.

The cost of living in United Kingdom averages 123 on our index (a typical US city = 100) — about 23% more expensive. Among the cities we track, Manchester is the most affordable and London the priciest. A one-bedroom rent runs roughly $1,850/mo and the top income-tax rate is 45%. The average net salary is about $2,900/mo.

Currency
Pound sterling (£ GBP)
Languages
English
Capital
London
Driving
Left-hand side
Power
G · 230V

▤ Taxes

45%

Income tax

progressive

20%

VAT / sales

25%

Corporate

24%

Capital gains

$2,900

Avg net salary

per month

$2,050

Minimum wage

per month

81.4 yr

Life expectancy

World Bank 2024

✈ 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

❖ Cities in United Kingdom

⚖ Compare United Kingdom with other countries