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AverageCostOfLiving

New York vs London — Cost of Living Compared

Side-by-side prices for rent, groceries, transport, utilities, and salaries. London is roughly 13% cheaper for a single person per month.

Headline numbers

Metric New York London
Monthly cost (single) $3,777 $3,292
Monthly cost (family of 4) $11,450 $6,939
Rent · 1bd centre $4,299 $3,024
Rent · 1bd outside $2,933 $2,288
Rent · 3bd centre $9,615 $4,812
Groceries (monthly, 1p) $128 $72
Utilities (electric + internet + mobile) $385 $450
Transit pass (monthly) $135 $273
Average net salary $5,250 $4,882
Cost-of-living index 85.8 74.8
On this page 3 sections
Section Description
Cities Snapshot of both cities side by side.
Headline numbers Monthly cost, rent, groceries, transit, salary.
Detailed comparison Item-by-item across every category.

Detailed comparison

Item-by-item, across every category in our basket.

Housing

1 Bedroom Apartment in City Centre $4,299 $3,024
1 Bedroom Apartment Outside of City Centre $2,933 $2,288
3 Bedroom Apartment in City Centre $9,615 $4,812
3 Bedroom Apartment Outside of City Centre $5,334 $3,798
Price per Square Meter to Buy Apartment in City Centre $19,375 $19,906
Price per Square Meter to Buy Apartment Outside of Centre $8,862 $10,095

Food & Groceries

Milk (Regular, 1 Liter) $1.33 $1.83
Fresh White Bread (500 g Loaf) $4.61 $2.24
White Rice (1 kg) $7.67 $2.46
Eggs (12, Large Size) $6.01 $5.03
Local Cheese (1 kg) $17 $12
Chicken Fillets (1 kg) $15 $10
Beef Round or Equivalent Back Leg Red Meat (1 kg) $21 $18
Apples (1 kg) $7.02 $3.28
Bananas (1 kg) $2.53 $1.58
Oranges (1 kg) $5.98 $2.92
Tomatoes (1 kg) $6.41 $3.19
Potatoes (1 kg) $3.44 $1.55
Onions (1 kg) $3.88 $1.74
Lettuce (1 Head) $2.94 $1.53
Bottled Water (1.5 Liter) $2.59 $1.73
Bottle of Wine (Mid-Range) $20 $14
Domestic Beer (0.5 Liter Bottle) $3.43 $3.39
Imported Beer (0.33 Liter Bottle) $3.96 $4.10
Cigarettes (Pack of 20, Marlboro) $19 $24

Transportation

One-Way Ticket (Local Transport) $3.00 $4.36
Monthly Public Transport Pass (Regular Price) $135 $273
Taxi Start (Standard Tariff) $3.00 $5.73
Taxi 1 km (Standard Tariff) $2.17 $3.39
Taxi 1 Hour Waiting (Standard Tariff) $42 $57
Gasoline (1 Liter) $0.96 $1.97
Volkswagen Golf 1.5 (or Equivalent New Compact Car) $35,458 $39,395
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) $26,146 $41,492

Utilities

Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) $244 $391
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) $67 $17
Broadband Internet (Unlimited Data, 60 Mbps or Higher) $73 $43

Childcare

Private Full-Day Preschool or Kindergarten, Monthly Fee per Child $3,390 $2,735
International Primary School, Annual Tuition per Child $60,186 $35,033

Education

Private Full-Day Preschool or Kindergarten, Monthly Fee per Child $3,390 $2,735
International Primary School, Annual Tuition per Child $60,186 $35,033

Clothing & Shoes

Jeans (Levi's 501 or Similar) $68 $122
Summer Dress in a Chain Store (e.g. Zara or H&M) $53 $54
Nike Running Shoes (Mid-Range) $117 $121
Men's Leather Business Shoes $153 $145

Sports & Leisure

Monthly Fitness Club Membership $135 $78
Tennis Court Rental (1 Hour, Weekend) $68 $26
Cinema Ticket (International Release) $23 $20

Restaurants

Meal at an Inexpensive Restaurant $25 $27
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) $145 $109
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) $14 $12
Domestic Draft Beer (0.5 Liter) $8.00 $9.54
Imported Beer (0.33 Liter Bottle) $10 $8.18
Cappuccino (Regular Size) $5.78 $5.54
Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) $3.40 $3.04
Bottled Water (0.33 Liter) $2.62 $2.14

Salaries

Average Monthly Net Salary (After Tax) $5,250 $4,882
Annual Mortgage Interest Rate (20-Year Fixed, in %) $6.97 $4.68

Green = cheaper; red = more expensive. Salaries displayed in net monthly USD. See methodology for how categories are normalized.