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How much does it cost to live in UK per month?

How much does it cost to live in UK per month?

What are the general living expenses for the UK?

Living expenses in London (excluding rent)² Average cost
Single person, per month £859
Single person, per year £10,308
4 person family, per month £3,041
4 person family, per year £36,492

How much money do you need to live off in London?

For two people, everybody needs to earn at least 30K, so you would be left with the household income of £4000, which would cover the flat (£1600-1900), transport, lunches, groceries and you would be left with £1500 to spend on entertainment, going out, saving and travelling.

Is London really expensive?

London is the sixth most expensive location to live in the world, largely attributed to high rental accommodation costs in areas popular with expatriates, which are almost a third higher in than in Geneva, and twice as high as in Paris, a new study has found.

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Is it cheaper to live in London or America?

Overall, the cost of living in the U.K. is 0.49\% lower than in the United States. Rent overall is about 22.55\% lower in the U.K. You would need $4,700 per month to finance a modest lifestyle in London, compared to $5,822 for the equivalent lifestyle in New York City.

How expensive is living in London?

Family of four estimated monthly costs: £4,809

  • Single person estimated monthly costs: £2,851
  • London is the most expensive city in UK (1 out of 7)
  • London is the 3rd most expensive city in Western Europe (3 out of 56)
  • Cost of living in London is more expensive than in 98\% of cities in the World (6 out of 214)
  • Is it expensive to live in London as a student?

    Each year we run the National Student Money Survey, and London is consistently the most expensive place to live as a student. In 2019, the average monthly expenditure of students at London universities was £900 – £93 above the national average.

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    How much does it cost to live in England?

    According to data comparison website Expatistan, the average UK cost of living is: £2,249 per month for a single person; and £3,803 per month for a family of four. Meanwhile, the Money Advice Service puts the UK yearly average cost of living at a more conservative £14,945 (based on 2018 stats from the Office of National Statistics).

    What are the best neighborhoods in London?

    1) Mayfair. 2) Shoreditch. 3) Chelsea. 4) Greenwich. 5) Southwark. 6) Brixton. 7) Notting Hill. 8) Camden. 9) Soho. 10) Kensington.