Many international students find the cost of living in London high due to its lifestyle and thriving economy, which can make living in the city challenging for many. From rent and groceries to transportation and entertainment, London’s expenses can add up quickly.
If you’re planning to elevate your studies and career to new heights in London, this blog is for you! In this post, we will explore everything you need to know about the cost of living in London, covering essential categories. Without further delay, let’s dive in!
Table of contents
- Cost of Living in London: An Overview
- Cost of Accommodation in London
- Cost of Food and Groceries in London
- Cost of Utilities in London
- Cost of Transportation in London
- Cost of Studying in London
- Miscellaneous Cost in London
- Cost of Living in London vs Major Cities
- How to Manage the Cost of Living in London for International Students
- FAQs on Cost of Living in London
Cost of Living in London: An Overview
The average cost of living in London for a student or an individual is around GBP 2806, which includes food, rent, and transport, according to LivingCost data. Undoubtedly, living in London is quite expensive compared to other cities worldwide, as it ranks in the top 0.4% of the most expensive cities globally.
The cost of living in London is influenced by various factors, including accommodation costs, transportation costs, utility bills, food and groceries, healthcare and insurance, among others. Understanding these factors can help you plan and budget effectively. Below, we’ve provided the overview of expenses for each category, please have a look!
| Categories of Cost of Living in London | Approx Monthly Cost (per person) |
| Cost of Living in London | GBP 2806 |
| Off-Campus Accommodation | GBP 1800 |
| On Campus Accommodation | GBP 1200 |
| Transportation | GBP 318 |
| Food | GBP 480 |
| Utility | GBP 150 |
Cost of Accommodation in London
If you are bit concerned about the cost of student accommodation in London, which makes up a major portion of cost of living in London, it’s important to consider this first. Accommodation choices in London range from university halls to private rentals. On-campus student accommodations often offer the convenience of proximity to your university and are a more affordable option.
On the other hand, private rentals tend to be more expensive, particularly in central locations. However, shared rentals can help reduce costs. Rent prices in London vary depending on factors such as location, size, and amenities. Below, we’ve provided an overview of the estimated cost of accommodation in London based on area in London.
| Accommodation Type | Size | Estimated Cost |
| 1 Bedroom Apartment in City Center | 40 m² (430 ft²) | GBP 2,092 |
| Cheap 1 Bedroom Apartment | 40 m² (430 ft²) | GBP 1,533 |
| On Campus Accommodation | one room/ or a bed | GBP 1200 |
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Cost of Food and Groceries in London
London offers a diverse culinary scene, ranging from street food markets to upscale restaurants. The cost of food and groceries is one of the essential things to know before moving to London in 2024. However, the cost of food and groceries is something that directly impacts the cost of living in London.
Cooking meals at home and shopping smartly in London can significantly reduce food expenses. However, you will find some of the amazing restaurants and coffee shops in the UK that deliver the best Indian food directly to your dorm. In the below table we have provided the the cost of restaurant meals and groceries in London for students:
| Grocery and Food | Approx Price |
| Lunch Menu | GBP 18.6 |
| Dinner in a Restaurant, for 2 | GBP 71 |
| Fast food meal, equiv. McDonald’s | GBP 8.5 |
| Cappuccino | GBP 3.94 |
| Pepsi / Coke, 0.5 L or 16.9 fl oz | GBP 2.03 |
| Milk, 1 L or 1 qt | GBP 1.36 |
| Bread, 0.5 kg or 1.1 lb | GBP 1.46 |
| Rice, 1 kg or 2.2 lb | GBP 1.94 |
| Eggs, x12 | GBP 3.67 |
| Cheese, 1 kg or 2.2 lb | GBP 9.69 |
| Apples, 1 kg or 2.2 lb | GBP 2.65 |
| Banana, 1 kg or 2.2 lb | GBP 1.39 |
| Oranges, 1 kg or 2.2 lb | GBP 2.7 |
| Tomato, 1 kg or 2.2 lb | GBP 2.97 |
| Potato, 1 kg or 2.2 lb | GBP 1.14 |
| Onion, 1 kg or 2.2 lb | GBP 1.31 |
| Water, 1 L or 1 qt | GBP 0.89 |
Cost of Utilities in London
Utilities are another most important thing that should be considered while calculating the cost of living in London for students. Several student housing properties are renowned for offering world-class amenities within the rent of the accommodation. However, in some cases, utilities may not be included in the rent for student accommodation in London.
The utilities cost in London includes such as electricity, gas, water, internet, and council tax. These expenses can add a significant amount to your cost of living in London. Below, we’ve provided an overview of the cost of utilities in London for students. Please have a look and manage your utilities expenses accordingly.
| Cost of Utilities in London | Average Monthly Cost |
| Electricity | GBP 40 – GBP 50 |
| Heating | GBP 50 – GBP 60 |
| Water | GBP 30 – GBP 40 |
| Internet | GBP 30 – GBP 40 |
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Cost of Transportation in London
London boasts an extensive public transportation network, including buses, London Underground (Tube), Overground, and trains. While convenient, fares can accumulate quickly, especially for daily commuters. A monthly student Oyster card, offering unlimited travel within certain zones, costs around GBP 90 to GBP 130, depending on the zones covered. Opting for cycling or walking whenever feasible can help save on transportation expenses.
In the table below, we have added the average transportation cost in London so that you can factor these costs into your cost of living in London budget accordingly. Please take a look.
| Fuel Cost/Transportation Service | Cost of Transportation in London |
| One-way ticket (public transport) | GBP 3.02 |
| Monthly pass (public transport) | GBP 84.4 |
| Taxi Ride for 8 km normal tariff | GBP 24.2 |
| Price of gas/petrol for 1 L | GBP 1.61 |
Cost of Studying in London
One of the significant living expenses in London is to consider the cost of studying in the city. The tuition fees of the universities in London vary as per the course you have chosen and the universities you are enrolling in. Another way to reduce the cost of studying in London is to apply for the scholarships offered by the universities in London.
There are several universities that are renowned for the affordable Cost of studying in UK. These universities offer outstanding education at lower prices as low as GBP 10,000. Here, we have compiled a list of the top 5 universities in London with their tuition fees.
| Top Universities in London | Cost of Studying in London |
| University of Oxford | GBP 1,985 – GBP 94,800 |
| University of Cambridge | GBP 5,500 – GBP 59,000 |
| Imperial College London | GBP 7,120 – GBP 54,500 |
| University College London | GBP 7,770 – GBP 36,900 |
| London School of Economics | GBP 5,830– GBP 61,180 |
Miscellaneous Cost in London
Studying hard is important, but so is taking time to relax and enjoy yourself. From beautiful and serene parks to some of the oldest and most traditional libraries in London, the city is home to fantastic cultural attractions providing a vibrant life.
In addition to the major expenses like rent, utilities, and food, there are various miscellaneous costs that can impact your cost of living in London. These expenses include things like entertainment, clothing, personal care, and other everyday items. Understanding these costs can help you plan better and avoid unexpected financial strain. Let’s take a closer look at some common miscellaneous expenses in London.
| Mode of Entertainment | Cost of Entertainment in London |
| Gym membership | GBP 46.9 Monthly |
| Tennis court | GBP 11 hourly |
| Cinema hall | GBP 14 per ticket |
| A short doctor’s visit | GBP 115 |
| Haircut | GBP 13.1 |
| Brand Jeans | GBP 80.1 |
| Brand Sneakers | GBP 93.1 |
Cost of Living in London vs Major Cities
Comparing the cost of living in London vs different cities around the world helps provide a clearer understanding of the financial demands in each location. London, being one of the most expensive cities globally, often stands as a benchmark for cost comparisons. Here’s how the cost of living in London compares to other major cities around the world:
- The comparison of the cost of living in London vs India shows that the cost of living in India is significantly lower, with average monthly expenses around GBP 361, compared to London’s much higher costs.
- The comparison of the cost of living in London vs Berlin shows that Berlin has a lower cost of living, with average monthly expenses around GBP 1723 compared to the higher costs in London.
- The comparison of the cost of living in London vs Singapore shows that both cities have a high cost of living, with Singapore’s average monthly expenses around GBP 2588, less than in London.
- The comparison of the cost of living in London vs New York shows that the cost of living in New York is slightly higher, averaging around USD 2698 per month, compared to London.
- The comparison of the cost of living in London vs Manchester England shows that the cost of living in Manchester is lower, with average monthly expenses around GBP 1,750, significantly less than in London.
- The comparison of the cost of living in London vs Birmingham shows that the cost of living in Birmingham is lower, with average monthly expenses around GBP 1,675, which is less than in London.
- The comparison of the cost of living in London vs the US shows that the cost of living in the US averages around GBP 2010 per month, less than in London.
- The comparison of the cost of living in London vs Sydney shows that the cost of living in Sydney is lower, with average monthly expenses around AUD 2294 less than in London.
How to Manage the Cost of Living in London for International Students
Managing the cost of living in London as an international student can be challenging, but with proper planning and smart choices, it’s possible to make your budget work. Here are some practical tips to help you manage your expenses:
1. Budgeting and Financial Planning
- Create a Budget: Start by listing all your income sources (scholarships, part-time job, family support) and expected expenses (rent, food, transportation, etc.). This will help you keep the cost of living in London under control.
- Track Your Expenses: Use apps or spreadsheets to monitor your spending and ensure you stick to your budget.
2. Affordable Accommodation
- Student Accommodation: Opt for university halls or shared accommodations, which are often more affordable options to manage the cost of living in London.
- Living Further Out: Consider living in zones 2-4 instead of central London to save on rent, though you may need to balance this with travel costs.
3. Transportation
- Student Travel Discounts: Apply for an 18+ Student Oyster card to get discounted travel fares, helping to reduce the overall cost of living in London.
- Cycling or Walking: Save on transportation costs by walking or cycling to your classes if feasible.
4. Saving on Food
- Cook at Home: Avoid eating out frequently. Cooking your meals at home is a great way to cut down on the cost of living in London.
- Grocery Shopping: Shop at budget-friendly supermarkets like Lidl, Aldi, or local markets. Look for student discounts and buy in bulk when possible.
5. Part-Time Work
- Work Opportunities: Take up part-time jobs, internships, or on-campus roles to supplement your income. This can help offset the high cost of living in London.
- Freelancing: Consider freelancing or online gigs that can fit around your study schedule.
6. Utilize Student Discounts
- Discount Cards: Get an NUS Extra card or International Student Identity Card (ISIC) for discounts on travel, food, entertainment, and shopping, which can significantly ease the cost of living in London.
- Free and Cheap Activities: Explore London’s free attractions, museums, and parks. Many places offer student discounts or special deals.
7. Managing Utility Bills
- Energy and Water Savings: Share utilities with roommates to split the costs. Be energy-conscious by turning off lights and using energy-efficient appliances.
- Internet and Phone Plans: Look for student packages for mobile and broadband services to better manage the cost of living in London.
8. Health and Insurance
- NHS Services: International students can access the National Health Service (NHS), which provides free or low-cost healthcare. Ensure you register with a local GP.
- Insurance: Consider student insurance for your belongings to protect against theft or damage.
9. Entertainment on a Budget
- Student Nights: Take advantage of student nights at cinemas, theaters, and clubs to enjoy the city without increasing the cost of living in London too much.
- Streaming Services: Use shared accounts for streaming services or look for student discounts on subscriptions.
By carefully managing your budget and taking advantage of the resources and discounts available, you can reduce your cost of living in London and make the most of your time studying in the city.
FAQs on Cost of Living in London
The average cost of living is around GBP 2,806 for an international student. The cost of living may vary as per the choices, preferences, and budget of the student.
Indeed, You can work while studying in London as an international student. You are permitted to work up to 20 hours per week during University term time and full-time during holidays.
Absolutely! Most of the cafes, restaurants, bars, clubs, libraries, bookshops and student accommodations offer student discounts in London. Look out for student discounts, lunch specials, and budget-friendly eateries, especially in student-populated areas like Camden and Shoreditch.
The cost of accommodation can be reduced easily with proper planning and execution. Consider alternatives like student hostels, flat shares, or accommodation farther from the city centre. Additionally, booking accommodation at an ideal time from an authentic website is really important to secure the best deal.
As an international student, you may be eligible for free or discounted healthcare through the National Health Service (NHS) depending on the duration and type of your visa.
Managing finances effectively involves creating a budget, tracking expenses, and prioritizing needs over wants. Try to use budgeting apps or spreadsheets to monitor your spending, and explore part-time job opportunities to supplement your income responsibly.
To live in London, you will need around GBP 2806 per month, which is the average cost of living for an individual. However, the actual amount can vary depending on your lifestyle, preferences, and budget.
Yes, London is considered one of the most expensive cities in the world to live in. The average cost of living for an individual in London is approximately GBP 2806 per month, which includes essentials like accommodation, food, and transportation. This places London among the top 0.4% of the most expensive cities globally.
The average cost of transportation in London can vary depending on your usage. A monthly pass for public transport costs in London is around GBP 84.40.
Off-campus accommodation in London typically costs around GBP 1,500 to GBP 2100 per month. This can vary depending on the location, size, and amenities of the property.
On-campus accommodation in London is generally more affordable, with an average cost of around GBP 1,200 per month. Prices may vary based on the university and type of housing provided.
Calculating the cost of living in London as an international student requires advance planning and execution of various expenses. With an idea of the cost of living in London, it will be easy for you to enjoy your stay during your academic journey in London. Happy Studying!
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