Quick Answer: Is it worth it living in London?

If culture, an exciting social scene and access to more jobs is what you’re looking for, London might be a perfect place for you to live. … If you’re looking for excitement, fun and opportunities to further your career, make new friends and try something new, moving to London could be well worth it.

Is living in London a good idea?

London is a great place to work, but it’s also the perfect place to relax with friends. With numerous bars and traditional British pubs to be found on every corner, there’s no shortage of places to socialise. … London is one of the top 20 most safe cities to live in.

What salary do you need to live comfortably in London?

For two people, everybody needs to earn at least 30K, so you would be left with the household income of £4000, which would cover the flat (£1600-1900), transport, lunches, groceries and you would be left with £1500 to spend on entertainment, going out, saving and travelling.

Why you should not live in London?

Living in London could drain your money and it’s by far the most expensive place to rent in the UK. … London salaries should be significantly higher and if your commute is by Tube or bus, you may be spending less on travel than someone who lives elsewhere and has to get to work by train.

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What is a livable salary in London?

The Real Living Wage has different rates for London and the rest of the country, recognising the higher costs of living in London. The London Living Wage rate is £11.05 per hour and the rate for the rest of the UK is £9.90 per hour.

What are the disadvantages of living in London?

13 Disadvantages of Living in London

  • The Cost of Living Is High. …
  • It Can Take a While to Get Around. …
  • The Weather Can Get Depressing. …
  • There Are Always Tourists Around. …
  • It Can Be Difficult to Dine Out Without a Reservation. …
  • It’s Not the Cleanest Place in the World. …
  • It’s an Expensive Place to Own a Car. …
  • Surveillance Is a Constant.

Should I move to London?

If culture, an exciting social scene and access to more jobs is what you’re looking for, London might be a perfect place for you to live. … If you’re looking for excitement, fun and opportunities to further your career, make new friends and try something new, moving to London could be well worth it.

Is London expensive to live in?

London is one of the most expensive cities in the world to live in. This is due largely to the rapid rise in rental costs in recent years. Comparatively expensive prices for most restaurants, clubs, bars, cinemas, theatres, taxis and the London Underground are important factors too.

Is it cheaper to live in London or New York?

It may be cheaper to get around in New York, but housing will cost you significantly more. The average monthly rent for a one-bedroom apartment in New York is $2,698. In London, it’s $2,003. … In New York, you’re also “less likely to get any outside space for your money,” SpareRoom reports.

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Is 100k a good salary in London?

An annual income of £100,000 is enough to put a recipient comfortably within the top 2% of all earners, and the figure has become a key indicator that the recipient is a high-flier.

Is living in London hard?

“London is a hard place to live. If you’re struggling financially, living there can feel like you’re fighting a battle you’re certain to lose. But it’s tough in many other ways too. It can be a very lonely place.

What are bad things about London?

The worst thing about London is Tottenham. The worst thing about London is the temperature on public transport. The worst thing about London is Londoners who somehow think they are superior to the rest of us. The worst thing about London is the British Pound, as Americans we lose lots of money on every purchase.

Which is better London or NYC?

Last year, the Independent reported that the Economist Intelligence Unit’s 2014 Worldwide Cost of Living survey ranked London the 15th most expensive city in the world to live in; NYC on the other hand, was ranked 26th. New York City wins because it’s the less expensive city for both inhabitants and tourists.