You'd be £3,477/year worse off in Southwark
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)
Southwark
Where Your Money Goes
How your monthly take-home splits between costs and what you keep.
London (Average)
Southwark
London (Average) disposable
£125/mo
Southwark disposable
-£167/mo
London (Average)
Tight£125/mo disposable
Southwark
Tight-£167/mo disposable
Salary (Area Median)
London (Average)
£44,000
Southwark
£44,000
Rent (2-bed)
London (Average)
£2,000/mo
Southwark
£2,350/mo
Council Tax (Band D)
London (Average)
£1,640
Southwark
£1,560
Commute
London (Average)
£180/mo
Southwark
£120/mo
Weekly Groceries
London (Average)
£75/wk
Southwark
£78/wk
Energy Bills
London (Average)
£135/mo
Southwark
£130/mo
Lifestyle (Pints, Cinema, Gym)
London (Average)
£132/mo
Southwark
£130/mo
If You're Buying
London (Average)
£530,000
Average house price
Southwark
£560,000
Average house price
Housing is £30,000 more expensive in Southwark. Factor that in.
Price-to-income ratio
12.0x
London (Average) (median)
Price-to-income ratio
12.7x
Southwark (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
Southwark
Good184 schools in area
Southwark has better-rated schools overall (96% good or outstanding vs 87% in London (Average)). Always check individual schools for your specific area.
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Your Move Summary
£3,477/yr worse off
Where you save
- Commute+£720/yr
- Council Tax+£80/yr
- Energy+£60/yr
Where you pay more
- Rent-£4,200/yr
- Groceries-£156/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.