You'd be £7,033/year worse off in City of London
Based on area medians. Honestly? London (Average) looks good.
Your Take-Home Pay
Based on area median salaries. Personalise above to see your own numbers.
London (Average)
City of London
You'd take home £5,517 more per year in City of London
Where Your Money Goes
How your monthly take-home splits between costs and what you keep.
London (Average)
City of London
London (Average) disposable
£125/mo
City of London disposable
-£434/mo
London (Average)
Tight£125/mo disposable
City of London
Tight-£434/mo disposable
Salary (Area Median)
London (Average)
£44,000
City of London
£52,000
Rent (2-bed)
London (Average)
£2,000/mo
City of London
£3,100/mo
Council Tax (Band D)
London (Average)
£1,640
City of London
£1,156
Commute
London (Average)
£180/mo
City of London
£100/mo
Weekly Groceries
London (Average)
£75/wk
City of London
£85/wk
Energy Bills
London (Average)
£135/mo
City of London
£130/mo
Lifestyle (Pints, Cinema, Gym)
London (Average)
£132/mo
City of London
£160/mo
If You're Buying
London (Average)
£530,000
Average house price
City of London
£820,000
Average house price
Housing is £290,000 more expensive in City of London. Factor that in.
Price-to-income ratio
12.0x
London (Average) (median)
Price-to-income ratio
15.8x
City of London (median)
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Percentage of schools rated Outstanding or Good by Ofsted (England), Education Scotland, Estyn (Wales), or ETI (Northern Ireland).
London (Average)
Good3208 schools in area
City of London
Excellent5 schools in area
City of London has better-rated schools overall (90% good or outstanding vs 87% in London (Average)). Always check individual schools for your specific area.
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Your Move Summary
£7,033/yr worse off
Where you save
- Take-home pay+£5,517/yr
- Commute+£960/yr
- Council Tax+£484/yr
Where you pay more
- Rent-£13,200/yr
- Groceries-£520/yr
- Lifestyle-£334/yr
Data sourced from ONS, HMRC, and local authorities. Salaries are area medians - personalise above for your own numbers. Comparison based on 2-bed rental, Band D council tax, and typical usage. Always do your own sums before making big decisions. But at least now you know where to start.