mytakehome.money

Cost of living · London · 2026

What salary do you need to live in London?

What salary do you need to live in London?

To cover the essentials living alone in London — about £2,665 a month — you need to earn roughly £39,500 a year before tax. To live comfortably, with money left for savings and extras, closer to £56,000. Rent alone is £1,850 a month.

Verified 12 August 2026

To get by £39,500 Covers rent and essentials with little spare
To be comfortable £56,000 Essentials plus room to save and enjoy the city

What it costs to live in London

Monthly cost
Rent (one-bed)£1,850
Council tax£105
Utilities & bills£190
Transport£200
Food£320
Total£2,665

On the £39,500 "get by" salary, your take-home is about £2,663 a month — just covering the £2,665 of essentials.

Sharing changes everything. Splitting rent and bills with a flatmate can cut the salary you need by thousands. Run your own numbers →

Is a specific salary good in London?

£30,000 · £40,000 · £50,000 · £60,000 · £80,000