Cost of Living in the UK United Kingdom

Median Gross Income per Month (Single)

The United Kingdom has the sixth-largest national economy in the world, and the third-largest in Europe. In 2019, its GDP per capita was ranked the twenty second-highest in the world.

Your gross income of £3,916 per month for a single person is:

  • the same as the median gross London income of £3,916
  • higher than the median gross UK income of £3,333

These values refer to your gross income. To compute your net income use our salary calculator.

Average Accommodation Cost per Month

While it is not imposed, it is recommended to spend less than 30% of your total household income on rent.

With a recommended accommodation cost of around £1,174 per month, you could afford to:

  • rent a room in a shared flat or house in London
  • rent a two bedroom apartment in other cities throughout the UK

Standard of Living (Single)

Although the United Kingdom's GDP growth rate has been slowing down in recent years, it is still one of the countries with the highest standard of living. The UN's Human Development Index (HDI) placed the UK on the fifteenth place in the world in 2019.

According to the results of our survey, a single person on this salary and with no dependants could afford to:

  • have a standard lifestyle, affording to go out a few times per week in London
  • live decently, while being able to make some savings in other cities throughout the UK

Cost of Food

The prices referenced in this table are from Tesco, one of the most popular grocery store chains in the UK. Last updated in October 2020.
800 g (28.2 oz) of Bread £ 1.00
1 L (1 qt) of Milk £ 0.48
6 Pack of Free Range Eggs £ 0.89
2 kg (4.4 lb) of Whole Chicken £ 4.50
1.5 L Bottle of Coca-Cola £ 1.59

Cost of Utilities

Prices are per month. Last updated in October 2020.
Broadband Internet Subscription £ 27
Mobile Subscription £ 15
Utilities for a Studio (gas, water, electricity) £ 100
Utilities for a 2-bd. Apartment (gas, water, electricity) £ 150
1 hour Cleaning Help £ 13

Cost of Transportation

Prices last updated in October 2020.
Monthly Travelcard for London Zone 1-2 £ 138
Monthly Travelcard for London Zone 1-4 £ 200
London Taxi Price per km £ 2.30
1 L (1/4 gal) of Gasoline £ 1.27
Avg. Price for Car Insurance per year £ 485

Cost of Entertainment

Prices last updated in October 2020.
McDonald's Big Mac Meal £ 4.69
Starbucks Large Coffee £ 2.25
Large Beer in a Pub in London £ 4.45
Dinner for Two at Restaurant in London £ 50
Movie Ticket £ 10


The United Kingdom is famous for its higher education, having some of the best colleges and universities in the world.

The UK's public health care system (NHS) guarantees medical care for all permanent residents, being ranked among the best in the world.

Thanks to its proximity to Europe and to its well connected airports, the UK is only one flight away from hundreds of destinations all over the globe.

The UK is one of the most startup-friendly countries, with many of the fastest growing startup companies in Europe being based there.

Some of the world's finest museums and art galleries are found in the United Kingdom, and many of them are free to visit.


The UK is one of the most expensive countries for buying a property, with London having the third-highest property prices in the entire world.

Brexit is causing a lot of uncertainty and many economists are predicting that it will have damaging effects on the British economy.

While the UK is known for having good public transport, it is actually one of the most expensive in the world, especially in London.

Car prices in the UK are among the highest in Europe and the cost of car insurance can be considerably more expensive than in other countries.

The weather in the United Kingdom is considered unpleasant by people not used to it, since most days are cloudy, rainy, and often windy.

Cost of Living in Other Countries

The information provided on this site is intended for informational purposes only.
Please consult a qualified specialist such as an accountant or tax advisor for any major financial decisions.