Estate Agents In North London

Yep, the cost of living in London is so high that your salary might not make living in London worthwhile. Rent and transport are just stupidly expensive compared to other cities I’ve lived in. If you’re lucky enough to be relocating with a full expat package you might still choose to send your children to a fee paying school (confusingly known as ‘public schools’). For example, if your child doesn’t speak English fluently or they’re used to a specific country education system, they might settle in better in an international school setting.

Rent is the biggest difference here, as Luxembourg offers average rental rates that are nearly 18% lower than London. That’s impressive, given the high quality of Luxembourg accommodation, especially in the city centre. There are small benefits in terms of consumer goods prices too, but this is the main saving you’ll see when looking at the cost of living in Luxembourg compared to London.

To put things in perspective, the average UK salary in 2020 was £38,600 for people in full-time work. Still, bear in mind that living comfortably is all a matter of personal priority, so a smaller salary can work too. Londoners themselves think you need to earn around £53,000 to live comfortably in the capital, according to a recent TimeOut survey. However, like every question on average living costs, this depends entirely on your situation. Your tastes in food, clothes and entertainment, your commute, whether you have children or not – all these things chazzy woods influence the equation. In this simple guide we explore the different elements that make up the cost of living in the UK capital.

At the beginning of 2021, the average monthly living cost for a single person in the UK is estimated to be around £2000. Of course, everyone’s living costs are different depending on our tastes, choices and circumstances, but this is still a helpful yardstick. If you plan on visiting London to explore potential areas to move to you’ll need to book somewhere affordable and well-positioned to stay. At Stay Central we offer value accommodation in the heart of London. Our apartments and rooms are ideally situated for exploring a number of different areas across London.

The Oyster Card is good for almost every single mode of public transportation in London. You can help cut heating costs by turning down your heating when you are not home and wearing more clothes to stay warm instead of running. You will likely pay a fixed monthly fee based on the average amount spent the past 12 months. Food and groceries are no exception to London’s high cost of living.