You'd be £4,816/year worse off in Tower Hamlets
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)
Tower Hamlets
You'd take home £720 less per year in Tower Hamlets
Where Your Money Goes
How your monthly take-home splits between costs and what you keep.
London (Average)
Tower Hamlets
London (Average) disposable
£125/mo
Tower Hamlets disposable
-£275/mo
London (Average)
Tight£125/mo disposable
Tower Hamlets
Tight-£275/mo disposable
Salary (Area Median)
London (Average)
£44,000
Tower Hamlets
£43,000
Rent (2-bed)
London (Average)
£2,000/mo
Tower Hamlets
£2,400/mo
Council Tax (Band D)
London (Average)
£1,640
Tower Hamlets
£1,536
Commute
London (Average)
£180/mo
Tower Hamlets
£120/mo
Weekly Groceries
London (Average)
£75/wk
Tower Hamlets
£78/wk
Energy Bills
London (Average)
£135/mo
Tower Hamlets
£130/mo
Lifestyle (Pints, Cinema, Gym)
London (Average)
£132/mo
Tower Hamlets
£134/mo
If You're Buying
London (Average)
£530,000
Average house price
Tower Hamlets
£530,000
Average house price
Price-to-income ratio
12.0x
London (Average) (median)
Price-to-income ratio
12.3x
Tower Hamlets (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
Tower Hamlets
Good342 schools in area
Tower Hamlets has better-rated schools overall (98% good or outstanding vs 87% in London (Average)). Always check individual schools for your specific area.
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Your Move Summary
£4,816/yr worse off
Where you save
- Commute+£720/yr
- Council Tax+£104/yr
- Energy+£60/yr
Where you pay more
- Rent-£4,800/yr
- Take-home pay-£720/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.