This statistic shows the estimated minimum outgoings required to live in London, United Kingdom (UK) for six months in 2014. The cost of rent is estimated to be, at its lowest, 2,784 British pounds over the six month period, with bills at 1,199 British pounds. It is worth noting that the estimated rent is for a shared property.
Estimated minimum outgoings required to live in London (UK) for six months in 2014 (in GBP)*
*Accommodation: Median rental cost for a room in a shared property in Lewisham (London’s cheapest borough) from June 2014 Valuation Agency Office private rental market tables. Bills: Average spend of single person household on water and energy from ONS 2013 Family Spending report, plus Band A council tax for 2014-15 in Lewisham (net of single person discount), plus current cheapest BT broadband and line rental package (£25.99 per month), plus TV licence, plus Orange Sim Only mobile phone contract (£8 per month). Food: Average spend of single person household on food, from 2013 Family Spending report. Transport: London weekly bus pass (as of June 2014). Other: Average spend of single person household on clothing, health, and miscellaneous goods and services (e.g. personal care products, cleaning supplies), from 2013 Family Spending report.
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Sutton Trust. (November 2, 2014). Estimated minimum outgoings required to live in London (UK) for six months in 2014 (in GBP)* [Graph]. In Statista. Retrieved September 18, 2024, from https://www.statista.com/statistics/377491/the-cost-of-living-in-london-united-kingdom-uk/
Sutton Trust. "Estimated minimum outgoings required to live in London (UK) for six months in 2014 (in GBP)*." Chart. November 2, 2014. Statista. Accessed September 18, 2024. https://www.statista.com/statistics/377491/the-cost-of-living-in-london-united-kingdom-uk/
Sutton Trust. (2014). Estimated minimum outgoings required to live in London (UK) for six months in 2014 (in GBP)*. Statista. Statista Inc.. Accessed: September 18, 2024. https://www.statista.com/statistics/377491/the-cost-of-living-in-london-united-kingdom-uk/
Sutton Trust. "Estimated Minimum Outgoings Required to Live in London (Uk) for Six Months in 2014 (in Gbp)*." Statista, Statista Inc., 2 Nov 2014, https://www.statista.com/statistics/377491/the-cost-of-living-in-london-united-kingdom-uk/
Sutton Trust, Estimated minimum outgoings required to live in London (UK) for six months in 2014 (in GBP)* Statista, https://www.statista.com/statistics/377491/the-cost-of-living-in-london-united-kingdom-uk/ (last visited September 18, 2024)
Estimated minimum outgoings required to live in London (UK) for six months in 2014 (in GBP)* [Graph], Sutton Trust, November 2, 2014. [Online]. Available: https://www.statista.com/statistics/377491/the-cost-of-living-in-london-united-kingdom-uk/
