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Capital city in Greater London, United Kingdom

Cost of living in London

Updated October 2026Sources

How much a month costs in London

For one person, including rent. A comfortable month costs about $4,360–6,350 (£3,300–4,800).

Lean$2,910–3,970£2,200–3,000 · Room or studio, local food
Comfortable$4,360–6,350£3,300–4,800 · 1-bed apartment, eating out daily
Luxury$8,590–13,220£6,500–10,000 · Upscale apartment, restaurants, taxis

Prices in London

Typical 2026 ranges in GBP, rounded. US$ at the 03 Oct 2026 exchange rate.

ItemGBPUS$
Housing
1-bedroom apartment, center (month)£2,000–3,200$2,640–4,230
1-bedroom apartment, outside center (month)£1,400–2,000$1,850–2,640
Hostel dorm bed (night)£25–55$33–73
Mid-range hotel room (night)£130–230$172–304
Food and drink
Local meal or street food£8–14$10.6–18.5
Mid-range restaurant, per person£22–40$29–53
Cappuccino£3–4.5$4.0–5.9
Local beer, 0.5 l in a bar£6–8$7.9–10.6
Getting around
Public transport, one ride£1.75–3.5$2.3–4.6
Ride-hailing or taxi, about 5 km£10–20$13–26
Work and life
Coworking day pass£25–50$33–66
Gym membership (month)£30–90$40–119
Mobile data, 20–50 GB (month)£10–20$13–26

Value for money: 3/100

A value score of 3/100 means London gives more quality of life per dollar than 2% of the 1,319 places we cover. Quality here scores 76/100. It's the 22nd most affordable of 22 places we cover in United Kingdom.

Quality factorScore
Safety75
Air quality87
Internet74
Healthcare100
Weather33
Friendly locals50
English100

Cost of living across United Kingdom

One person, comfortable lifestyle, including rent.

PlaceComfortable monthValue
Snowdonia$2,640–3,70028/100
Newcastle$2,640–3,83022/100
Liverpool$2,780–3,97020/100
Belfast$2,780–3,97019/100
Scottish Highlands$2,910–4,10023/100
Cardiff$2,910–4,10019/100
Leeds$2,910–4,10017/100
Glasgow$2,910–4,23017/100
York$3,040–4,23020/100
Birmingham$3,040–4,36010/100
Manchester$3,170–4,50012/100
Lake District$3,310–4,63013/100
Cornwall$3,310–4,63015/100
Edinburgh$3,310–4,76014/100
Brighton$3,440–4,76010/100
Isle of Skye$3,440–4,76013/100
Bath$3,570–4,89012/100
Bristol$3,570–5,0208/100
Oxford$3,700–5,02011/100
Cambridge$3,700–5,02011/100
Cotswolds$3,700–5,29010/100
London$4,360–6,3503/100

Cheaper alternatives to London

Similar safety, lower cost, in Europe.

PlaceCountryComfortable month
OhridNorth Macedonia$829–1,290
SibiuRomania$1,160–1,690
MostarBosnia and Herzegovina$920–1,320
BrașovRomania$1,160–1,690
SkopjeNorth Macedonia$1,010–1,570

Quick answers

How much money do you need per month in London?

About $2,910–3,970 on a lean budget, $4,360–6,350 for a comfortable month and $8,590–13,220 for a luxury one, rent included.

How much is rent in London?

A furnished 1-bedroom apartment costs £2,000–3,200 ($2,640–4,230) a month in the center and £1,400–2,000 ($1,850–2,640) outside it.

How much does food cost in London?

A local meal is £8–14 ($10.6–18.5); a mid-range restaurant is £22–40 ($29–53) per person.

Is United Kingdom expensive?

Prices in United Kingdom are about 89% of US price levels (World Bank PPP).

More about London

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Sources

Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.