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Calculate Your Finances in London

Enter your gross monthly salary to see net pay, affordable neighborhoods, and savings

GBP

Free calculator with 2026 tax rates. No data stored.

Cost of Living in London, United Kingdom

Global financial and tech hub. Extremely high salaries, extremely high rent. Diverse and cosmopolitan.

Currency
GBP (£)
English Level
Excellent
Healthcare
NHS (Public)

Rental Prices in London

1-Bedroom Apartment
£1,100 - £3,600
per month
2-Bedroom Apartment
£1,430 - £4,800
per month

* Prices shown are second-hand rental market rates, typical for expats.18 neighborhoods tracked. Source: Official government housing statistics.

Monthly Living Costs

Groceries
£280
Transport
£202
Utilities
£343
Dining Out
£240

Utility costs based on Eurostat Energy Statistics.

Popular Neighborhoods

Shoreditch
Tech hub meets creative district. Street art, startups, and trendy nightlife.
15 min Tube•£2,400+/mo
Camden
Famous market and music scene. Alternative culture, live venues, and canal walks.
12 min Tube•£2,500+/mo
Hackney
Trendy East London. Parks, breweries, and a strong creative community.
20 min Overground•£2,300+/mo
Islington
Upmarket North London. Theater, restaurants, and elegant Georgian terraces.
15 min Tube•£2,600+/mo
Brixton
Vibrant South London hub. Diverse food scene, markets, and excellent connections.
18 min Tube•£2,000+/mo
Clapham
Popular with young professionals. Large common, brunch spots, and active social scene.
20 min Tube•£2,100+/mo

Work Visa

Skilled Worker visa requires employer sponsorship. Points-based system.

Processing: 3-8 weeks

Relocation Costs

Deposit capped at 5 weeks rent. No agent fees for tenants. First month rent due upfront.

Typical deposit: 1.25 months rent

Enter your salary above to see a personalized breakdown of your finances in London

Our calculator shows net income after taxes, affordable neighborhoods, and savings potential

Data last updated: January 2026•View methodology

Guides for London

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Frequently Asked Questions about London