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Cost of Living and Inflation in London, England: What do you need to know?

90 local experts
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Here's what 90 local experts had to say about prices and the cost of living in London, England.

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It’s HUGE and expensive. Londoners are reserved in the main; the young, less so. Very multi-cultural, great ethnic diversity. Brexit was a disaster but Londoners are resilient and enterprising…we will survive!!

London…, you need to know that its expensive! But wonderful! Diverse, interesting. Cosmopolitan, beautiful, fun!

It’s expensive. A lot of people. Most vibrant place in the UK. Lots of shows on every week.

Edward, says: 2023

London is a amazing city but… Very expensive to live in. Renting a 2 bed flat in Great London is around £1.4K. Public transport is excellent but also expensive except the bus that you can travel with unlimited for 1 hour with the fee of £1.30. But trains and the underground are expensive. Food wise is also expensive, be prepare to eat day in day out at McDonald’s, KFC, Subway…

Excellent transportation system with buses, trains, an underground, minicabs and Black Cabs a plenty. There are lots of great historical sites to see and beautiful parks to relax in. It is truly a cosmopolitan city and the benefits are great such as excellent food and stunning architecture. On the negative side the cost of living is astronomical, housing can consume more than half a salary. There is also some degree of safety issues as knife crime is a persistent issue.

For living in London, you will need a lot of money. Do not move there for education as it is too expensive for what it offers.

It’s expensive but truly magical. Don’t walk slowly; it infuriates the local population.

Daniel, says: 2023

London is a very big city with masses of tourist attractions. Try and avoid peak tourist season in July and August and go later in September or early spring before Easter. If you are planning on visiting a lot of attractions, try the London Pass which gets you into many places for the price of two places. Use the underground transport and get a tourist Oyster card to travel around, or just walk or bike, especially along the Southbank when the weather is nice. London is small so very walkable.

Living costs are fairly high. One should not expect to find accommodation that is both cheap and centrally located. However, cheaper options can be found further out. Alternatively, many people choose to share accommodation with others. Various websites exist that can help find houses with spare rooms, or people looking for a housemate.

Amarah, says: 2020

London is an extremely expensive place to live. Sadly, rent and public transportation are very high, not many people can afford to live in such place but the worst part is that the national minimum wage hardly covers your basics to survive. The sky is always grey and it rains throughout most part of the year. However, if they are looking for diversity and safety, London is the place to be.

Before moving to London, one must conduct research into the costs of renting, eating and drinking every month, then budget accordingly. London is a very expensive place to live – having a set budget means you can closely monitor where your money is being spent. The best thing about living in London is the social life, and in turn, the countless places you can visit and spend a day with your friends.

Roxanne, says: 2020

London is a very busy, bustling city and anyone considering moving here should know Londoners can come across as being cold and impersonal. Properties are also very expensive so many young people still live at home so they can save money on rent. On a whole it’s a wonderful, amazing city.

London is, without doubt, one of the greatest cities in the world! Despite having occasionally questionable weather, unreliable transport and housing and living prices that have skyrocketed in recent years, the city’s atmosphere is second to none. Culture abounds, with museums, galleries and national landmarks on each corner. Each borough is its own completely unique melting pot, comprised of people from all around the globe. Their cultures and languages merge to create the most beautiful, intricate tapestry of diversity. Everyone is welcome – London is a city for all.

Sabina, says: 2020

London is a fantastic city. As a global centre of historical significance, architectural beauty and thriving cultures, the number of choices for recreation and exploration is large and ever-expanding. However, be prepared to stomach the large (and rising) costs of living in the capital. Though offering quicker and easier access to the city’s delights, living in the centre can be an expensive and spatially-limiting choice. On the other hand, leaving Zone one will fetch you lower house and rent prices, but will limit your travel options increasingly the further you tread.

If someone moves to London, I would advise them to research what town to live in, as housing costs differ in each area. They should also check what the crime rates are for the town they want to move to, since this also changes from town to town. Wherever they decide to go, they will always be able to get around easily, due to the availability of the public transport.

Bonita, says: 2020

London is a beautiful, interesting city with a variety of sights, shops and restaurants with delicious food. The prices, however, sometimes are outrageous, especially for property and some rare international goods. One should be careful walking alone in some poorer areas, where theft and knife crime are not uncommon.

Jasmine, says: 2020

The city of London is immense. It is therefore unlikely that you will ever get to know it in its entirety. London is hugely international and vibrant, and stands as one of the world’s greatest cultural hubs, its history going back to Roman times. There is always much to explore and discover. Be aware, though, that, as is the case for most great cities, living costs in London are high.

Faizan, says: 2020

In order to reside comfortably in London, one must simply be determined to innovate and take initiative on side hustles. This is highly regarded as a lifestyle for people who have the capability of a prosperous lifestyle, due to their multiple cash unfollow strategies. the purchase of a house in London is a form of long-term residence, mostly as a result of their extreme prices, therefore savings must be prioritised.

Georgia, says: 2020

In moving to London, one must be prepared to for the tube transport system. During peak times Commuters will be packed like sardines into carriages. In light of this, it is strongly recommended that tourists and visitors travel outside of these hours. To support this idea, the cost of tube travel is reduced for those able to travel after 9:30 am.

Loretta, says: 2020

If you would like to come to London, you just first consider the weather. It is awfully cold in London, especially during winter period when it is unbearable. You must also consider the price. Everything in London is ridiculously overpriced, whereas, things outside of London is reasonably pleines. London is a beautiful place, and if you can afford it, you should do it!

Stephanie, says: 2020

London can be a challenging place for newcomers. It is an expensive city and those new to the city are often surprised by the average cost of living. A person hoping to move to London should ensure they have employment before securing housing as it can be challenging to find accommodation without employment.

London is a city spread out over many boroughs and contains a nearly-infinite amount of things to do and see. You will never get bored while living here, and the melting pot of global communities provides a multitude of opportunities to try new food and new hobbies. It is a very European city with a mix of old architecture and new technology and businesses. The cost of living is high and the streets are crowded, but if you enjoy a bustling city life then London is for you.

Adriana, says: 2020

London is an amazing city; full of activities, full of energy. It is a multiculturally diverse city which attracts many for business, to study, and to explore. The transport system is great here, easily getting you from one place to another. Although living in London is expensive, it does have good jobs, and overall a lovely city.

Someone moving to London should know the high cost of public transport and residential accommodation, although decentralized living is more affordable. Commuting times are a part of London living as the majority of middle income earners have to live in zones four – six or even further, but fortunately transport links are good.

Ambali, says: 2020

Anybody moving to London should know it is one of the most expensive cities in the world to rent or buy property in, although certain areas are notably more expensive than others. It is also important to note that, as it is such a colossal city, there is much more to London than the city centre that people so often see on postcards and in the movies. You could find yourself, for example, living in Camden, studying or working near London Bridge and visiting friends in Greenwich, so you would need to quickly familiarise yourself with public transport if you do decide to make the move. Fortunately, London does have one of the best subway systems in the world (and also the oldest!); however, it is also incredibly expensive to use, so it is vital to factor in the cost of commuting before committing to living in a particular location.

When moving to the city of London, house prices and location would have to be considered. There are major differences in areas within the city, some of which are known to be loud and unsafe, compared to others that have become known for their safety and desirable houses.

Natasha, says: 2020

If someone was considering relocating to Central London, I would advise them to be aware that house and rent prices within the M25 motorway can be relatively expensive. London is an expensive place, even when compared to other cosmopolitan cities. Despite the cost of living here, London has excellent transport and a vivid nightlife.

London is a great city, with some famous historical landmarks. The transport system is first class and there is a great choice of bars, restaurants and theatres. However, property prices are expensive so many people are forced to rent, so this an important factor to consider before making a decision to move to London.

Angela, says: 2020

London is a beautiful city, however we are one of the most expensive cities You can hire a bike for one hour at a time for a small fee, this is a great way to stay active and avoid the local traffic. Although considered expensive, London does have some amazing low budget attractions that may also be free of expenses.

Kathrin, says: 2020

London is a bustling metropolis meaning that anyone moving here must be prepared to deal with 100s of grumpy faces daily. Additionally, the size of the city means the vast majority of its residents use overcrowded public transport daily to get to and from work and school. This also adds to the already very high cost of living.

Louise, says: 2020

When moving to London, one must first consider affordability. Living costs in London are among the highest in the world (mainly due to the ridiculously high house prices and relatively high food costs). However, I must say, I think the experience of living in such a wonderful city is still worth much more than these costs!

People moving to London should know the city can be incredibly expensive. Many graduates pay above a thousand pounds a month for flats which don’t have adequate heating. Anyone hoping to live in London should make sure to research their accommodation extensively in advance.

Charles, says: 2020

Unfortunately, rental prices are extraordinary high in London, and only increasing annually. Nonetheless, the wide range of cultural activities, historical landmarks and entertainment venues are unmatched elsewhere in the country. long as you are aware of the somewhat bizarre lifestyle you are likely to be subjected to, you are sure to enjoy London: one of the most exhilarating cities in Europe.

London is a very expensive city. As such, it is essential to secure a job or a proper means of income before moving to the city. Otherwise, London is an exciting city. With its numerous art galleries, museums, parks and diverse scene, it is almost impossible to get bored there.

London is an expensive place in which. It is however an exciting place with lots of cultural experiences on offer and excellent transport links within the city. I particularly recommend a trip to north London to watch arsenal play their finest brand of football or a night out in Shoreditch.

London is one of the most expensive cities for living in, especially in terms of housing. There is a higher level of crime in several areas compared to others so this should be considered especially if you have children. However, London is the best place if you would like to meet new people and try new activities as it is a very social city.

I would advise studying the various modes of transport, the costs that are entitled with these modes of transport, and the directions they go, due to these ways of transport being an important and an overly confusing aspect of London. the individual should immediately find a suitable place of residence that would fit their needs almost perfectly.

A person moving to London should consider the following; high living costs, overcrowded public transport and vehicle pollution. However, access to world class museums, top quality restaurants and historic architecture results in the city being a desired place. A crucial step when looking to move to London would be to assess the distance and route between your home and workplace, as a long and laborious commute can affect your daily life.

London is very beautiful city with a diverse culture from which you can learn a lot. Once you live in London and experience its beautiful buildings, atmosphere and culture, it will become part of your life. London is known for ancient buildings, Westminster palace, Big Ben, London Eye, Trafalgar Square, Science and Natural History Museum, Tate Modern which can be accessed for free also big shopping malls, exhibitions and variety of street food and luxury restaurants. However, there is also to be considered the high rent prices in London especially when living in Zone 1/2.

Gabrielle, says: 2020

London is a wonderful city to live and study in, but it isn’t easy on the wallet! The rent in London is astronomical, so it may be worth living further afield to reduce costs. I recommend living in Greater London, since it is an easy commute into the city.

London is still the most expensive city in England, so whether you are looking to rent or buy you must expect to pay more than elsewhere in the country. Public transport is very good with a complex network of bus and train connections. The routes are easy to navigate but passenger numbers can very high during peak hours. Unfortunately, the cost of public transport is higher than in many other major cities.

Avdeep, says: 2020

For somebody moving to London, here are some examples of key points they should be informed of before. Firstly, living and travel expenses in this city can add up to being relatively expensive. Secondly, the city is a busy place, especially when visiting common areas such as Central London. However, despite these points highlighted, London is a delightful city to visit which is complete with vibrancy and cultural diversity.

London is a multicultural, international hub for finance, communications, fashion and tourism. The population of Greater London is around eight million and it is estimated that over 300 languages are spoken here. There is a wide range of accommodation, but overall it tends to be on the expensive side. Professional workers are welcomed by the authorities.

London is a city that never sleeps; whether it is a lazy Sunday afternoon, a busy Monday morning or an ordinary Thursday night, there is no doubt you will find the streets of London bustling with people, energy and noise. Granted, London is one of the world’s most expensive cities, but the experience on London makes the price worth paying. Nothing makes you feel more alive than walking through the streets of London, bursting with colours from markets, the smells wafting from food stalls or the chatter of the endless people.

Caitlin, says: 2020

When moving to London, one must be aware that it is not as astounding as it is portrayed in movies. The cost of living is the most expensive in England, with many struggling to find housing; living with parents is the cheapest option. Although public transport is notably accessible, the cost of taking a train to Central London for work must be balanced with the wages earnt.

Caroline, says: 2020

London itself is the capital of the UK. A much as there are many opportunities for work, rent is high and it is easier to spread illness since there are so many people who live in London yet commute to work in London as well. The community where you decide to live may have people with different ethnic backgrounds so it is important to respect everyone you cross paths with.

Qumran, says: 2020

London has seemingly endless attractions, great restaurants and pubs, and abundant shopping. The hustle and bustle of the city is contagious. Also, public transportation is great. The prices are fairly reasonable for buses and the tube. Just remember that there is NO cash on buses!

Dhiren, says: 2020

When moving to London, be aware of the reliance on public transport. The vast majority of people use the tube or the extensive bus network to get around the capital, for reasonable prices. They should also be aware of the untold social norms found on the transport network, however this should not cause concern with a variety of websites being dedicated to this topic and the ease to which they can be picked up from simply living in the city.

Anyone moving to London should keep in mind that the cost of living is very high compared to other cities in the UK. The apartments and houses to rent will be smaller than the rent you pay. London has an exceptional public transportation system consisting of Tubes, buses, and even cycles. Most of the places in London are easy to get to, thanks to the well connected public transportation.

Marianna, says: 2020

When moving to London, an individual should consider the high housing prices and the busy lifestyle that accompanies living in such a vibrant and fast moving city. They should also inform themselves of the famous landmarks and tourist attractions that London has to offer, as these are a must for anyone visiting or moves to London for the first time.

London is an amazing place, but it can be quite expensive. However, there are many activities and places to see. It is best to try to do these activities during the week, because weekends are busy all over. Public transportation can get very crowded, so make sure that you plan ahead to avoid being stuck in a jam!

There are several things a person should know when moving to London. The public transport system is overcrowded, unreliable, and very expensive. Accommodation is also costly unless you are willing to consider living in the suburbs. Nevertheless, London is home to some of the finest music, theatre and cuisine in the world.

London is a historical and cosmopolitan city. There is much to see throughout London, from museums and art galleries to the famous West End productions which will culturally enhance your life. However, there are a few downfalls to living in London. It is not always the glamorous life that you signed up for; the price of living in London is high, so if you are a person who enjoys going out regularly, you will have to accept that your bill would be larger than in other cities in England.

Josephine, says: 2020

London is a very busy place. This is a positive and a negative. it means that there is always something to go and do, but conversely it means that there are a lot of people there. This can depend which area of the city you are in, however it is often a trade off; to live somewhere convenient will be more expensive and busier, whereas the cheaper and quieter areas are often trickier to get to.

London is one of the most multicultural cities in the world. It also happens to be one of the most expensive places to rent. Having said that, I would highly recommend anyone visit London if they have the opportunity at some stage in their lives. Despite it being an expensive city, there are many free things to do, such as visiting the museums, galleries and even some live music events.

When moving to London, one must first know that it has one of the highest costs of living in the world. While the benefits of living in such a cosmopolitan and exciting city are many, there are also significant drawbacks. Of these drawbacks, the most pressing is the cost of rent.

London offers many opportunities to enjoy arts and culture; much of these experiences are inexpensive or free. London can be beautiful, especially on the rare occasion of sunny weather. However, cost of living is high and, often, people can be quite wary of newcomers. I would advise careful research prior to relocation.

Famed for its extensive history and beautiful landmarks, it is no wonder that London is a popular tourist destination. With a wealth of world-renowned museums, parks and attractions that rival other historical European cities, this bustling city offers extensive activities for all, no matter what your interest. For luxury that can’t be found elsewhere, spend the day visiting Buckingham Palace, the royal residence of England’s monarch – Queen Elizabeth II.

London is a bustling city full of soul. There is something for everyone here, be it food, art, culture, shopping, or even nature. The opportunities are endless, and with such a diverse population, you will always be able to meet like-minded souls. Although the cost is living is comparably higher to the rest of England, there is never a dull moment here.

Alexander, says: 2020

Someone moving to London should know the following: Firstly, it is an expensive city and the cost of living is exorbitant. Secondly, it takes a long time to get from place to place. You simply cannot drop in on a friend at the drop of a hat due to the distances often required to travel. Finally, the streets in the centre are often crowded because of the large population in London, which grows considerably during summer period. On the other hand, there is plenty to do in London, the majority of the major museums and galleries are free and it doesn’t rain as much as people it imagine it does. It actually rains more in Rome than it does in London.

Tiffany, says: 2020

London is a vibrant Western capital with approximately eight million inhabitants. It is a leading financial and communications hub. There is a relatively high employment rate, with some posts attracting “London weighting”, providing extra income for those living within the city boundaries. There is a range of accommodation types but on the whole it is expensive.

London is a wonderful city in which. There are many parks and open spaces to visit, and museums and theatres. It can be expensive to live here, however the salaries paid do reflect this.

Joanne, says: 2020

There are various things you can do without spending money in London. London is a very expensive city, however, due to the various free museums and exhibits. There is always something exciting to do in the city. the weather can change in an instant. One second it would be sunny and the next it’s pouring rain. Therefore, one should always carry an umbrella.

Matthew, says: 2020

Most importantly, someone moving to London should know their way around the local train network. The London Underground is a vital service for most residents of London. They should also know that living in zones 2-4 of the network is more affordable than living in zone 1, with zones 5-8 being the cheapest areas.

Consider the location of transport services near their house. The closer the transport service, the more they will save on getting to and from their house as travelling is expensive in London. Also, remember to always carry an umbrella with yourself, it could rain any time regardless of what the weather forecast states.

Anyone moving to London should consider the cost of the city, the pace of life, and the jobs that might be found here. As one of the most high-powered cities in the world, it requires an enthusiastic, productive and quick-thinking labour force. It is also full of culture and has a multitude of art galleries, theatres and concert halls.

Before moving to London, it is important to find somewhere to live that has good access to the public transport system. It is very expensive to maintain a car in the largest city in the UK, especially if the parking fees and congestion charges are included in the total. Besides, communal transport is much better for the environment.

London tends to be an incredibly expensive place. Its housing is some of the most expensive in the world, and the stereotype of Londoners being unfriendly is often true. However, with a vibrant theatre scene, 100s of tourist attractions and incredible culture, it is impossible to ever be bored in the most entertaining city on Earth.

Someone moving to London should keep in mind that the living costs are quite high. However, is a beautiful city to visit, as it has a rich history and a vast number of magnificent sights. London is a multicultural city where people from all over the world can be found.

Jessica, says: 2020

London is one of the fastest-paced, hostile and stressful places on Earth. And yet those of us living here, in grim defiance of the jostling streets and expensive flats, are one huge community. ‘Londoners’, (I have unexpectedly discovered that I am one), are cynical and hardened. But hardened to injustice, hardened to difficulty – one huge group of people who understand one another. There are more tangible benefits to this giant city – the history; the creativity; the multitude of green spaces. But the thing I love the most are my fellow Londoners – my grumpy friends.

Olivia, says: 2020

if you are looking for something cheap the price of the house is affordable. And the quality of life is good, there is everything you need. you will also find there where you could do your favorite activities, sport, art…

Arianna, says: 2020

Housing here is expensive and the houses are small for the price you pay. However, it is a great city as it has historical monuments such as St. Paul’s Cathedral, Houses of Parliament and Tower Bridge. You will meet people from all over the world not just people who were born in the UK and will get to eat food from various cultures you haven’t tried before.

Samantha, says: 2020

It’s a pretty busy city with a great deal of opportunities, however, the cost of living in London is exorbitant. You will need to earn well to support yourself comfortably. Despite this, London is an exciting and vibrant city with unlimited places to socialise. We have some of the best restaurants and bars alongside places of culture to enjoy. Art galleries, museums and we mustn’t forget the multitude of shops to tempt anyone choosing to live in such a metropolitan city.

Wajeeh, says: 2020

London is the greatest city in the world. It has something for everyone, from fantastic theatre, music, and art, to some of the best restaurants in the world. Although it is certainly very expensive in almost every aspect, it deserves every ounce of praise it receives – it is a city full of character and excitement. One is never bored when one is in London.

Vehicle regulations in London mean that owning a car can be very expensive, so using the extensive public transport system is a good idea. London has a wide range of restaurants offering cuisine from all over the world. Heathrow, the UK’s major international airport, is one hour away from central London. Property prices in London tend to be quite high.

London has so much to offer city dwellers. From world-class restaurants and museums to a wide range of jobs for those in tech, media, finance, hospitality, and beyond, there’s a lot to love about England’s capital. This city consists of approximately 10 million people, nearly five times the size of the second most populated UK city, Birmingham. The centre of London is usually full of tourists visiting the numerous attractions in London such as; The Big Ben, The British Museum, London Eye and Buckingham Palace. Everything from groceries to entertainment to morning americanos are pricey in London but you can make it work if you know how to budget.

Joanne, says: 2020

London’s weather is terrible. I recommend purchasing an umbrella. The cost of living is quite high so you should be prepared to spend a lot more money than you usually would for things such as housing, food, travel. It could also feel cramped since the population is great and the space is limited.

Anyone moving to London from another country must consider visa requirements and the various bureaucratic tasks, such as opening a bank account and purchasing a UK mobile phone. These can be tricky at first, as many providers request proof of residence. London is a dense city and housing costs are high, so it is a good idea to research the different neighborhoods and types of apartments available before moving.

Thomas, says: 2020

London is extremely diverse, with a wide range of nationalities and cultures. This diversity makes it particularly appealing and welcoming for visitors. Although a great place to work and live, and rich with a variety of events and attractions, London has a high cost of living, particularly in the case of renting or buying property.

London is a fantastic place but can be very expensive. I recommend in depth research into buying or renting a home to see if it falls in line with your budget. London is also a great place for education with plenty of quality schools, colleges and Universities.

A person who decides to move to London should know it is a very expensive place if you do not have a well-paying job. That being said, it is also a city where there are plenty of opportunities for work, and an extensive list of things to experience, should you be in a financial position to do so. If it is your first time in the city, I recommend buying a ‘London big 5’ attraction ticket. This will allow you to ride the infamous double decker buses for 24 hours and tour the city in which you will be living in.

If you’re moving to London, I suggest you rent with some friends, as prices are extremely high. You should also know that if you’re going to live in London, public transport is how you’re going to get around from one place to another, whether that be by bus, tube or train.

Loretta, says: 2020

London is a great city where one can find all sorts of entertainment. It is also very easy to find a job here and there are many opportunities to make a career. However, beware the cost of life and the jungle that is the housing market. Living with up to six people is very common, but not everybody is open to it.

Jessica, says: 2020

London is a vibrant, multicultural city and an exciting place to discover new opportunities. It is also however, very expensive. You must be prepared to spend a lot on rent, live with a few other people or live in a small box! There are plenty of open spaces to escape to should the need arise – some complete with zoos!

Prior to moving to the great city of London, there are a number of factors one must consider. I shall not bore you with the details, but the most important are as follows:
1. Do you enjoy a constant mist of horizontal rain? If so, London is the place for you.
2. Have you got an inexplicable desire to bankrupt yourself paying rent for a one-bedroom flat? If so, come right in.
3. Finally, do you require 24 hour access to fried chicken? You’ve made the right choice!

London is very diverse, there are people with different backgrounds. The environment is really friendly but the only disadvantage of living in London is that the house rent is really expensive but there are a lot of jobs which can easily be applied for. There are different kind of jobs but most jobs pay well.

London is a very hectic city and life here can be stressful. Rent and transportation services are particularly expensive. Streets and shops are busy at all times. The weather is horrible: it’s cloudy and cold most of the time and it rains nearly daily. That being said, it’s a dazzling city with many opportunities for creatives, entrepreneurs, and business professionals.

Samuel, says: 2020

When moving to London, one should familiarise oneself with the true price of living in London. The streets are not paved with gold. It is a city with some of the longest work hours, most expensive travel fares and least affordable housing in the world. A move to London requires considerable planning and finances.

Eloise, says: 2020

London is a very expensive city, and this should be carefully considered before moving here. There are lots of great places to socialise, such as trendy restaurants and quirky bars, but budget your money wisely. Whilst there are some cool and hip areas to explore in London, always be cautious of your surroundings, as it is known for petty crime.

Prepare for fast-paced living. I would also advise them to budget And watch their spending as the cost of living in London can be somewhat expensive. Although, moving to London would be a great experience and that I recommend it.

Adrian, says: 2020
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