• London minimum living costs 2014

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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)*

	Costs in GBP
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Release date

November 2014

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Region

United Kingdom (England)

Survey time period

2014

Supplementary notes

*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.