Skip to content

London vs New York

London runs about 58% cheaper than New York for this household, a difference of 2,332 USD a month.

Palace of Westminster, Big Ben, and Westminster Bridge as seen from the south bank of the River Thames.
London
$4,050/month · United Kingdom
Terry Ott from Washington, DC Metro Area, United States of America · CC BY 2.0
The New York Stock Exchange in 2022, as seen from a vantage point inside the main trading hall.
New York
$6,382/month · United States
Tobias Deml · CC BY-SA 4.0
London monthly
$4,050
Index 63 (NYC = 100)
New York monthly
$6,382
Index 100 (NYC = 100)
Difference
+58%
New York relative to London
Rent gap
$1,476
New York costs more for a central 1-bed
By category

Where the gap actually is

LondonNew York
  • Housing
    Housing: London $2,600, New York $4,076. Cheaper in London.
  • Food
    Food: London $617, New York $910. Cheaper in London.
  • Transport
    Transport: London $282, New York $211. Cheaper in New York.
  • Utilities
    Utilities: London $267, New York $232. Cheaper in New York.
  • Healthcare
    Healthcare: London $8.03, New York $559. Cheaper in London.
  • Lifestyle
    Lifestyle: London $169, New York $223. Cheaper in London.
  • Other
    Other: London $107, New York $171. Cheaper in London.
Each row is one category priced in both cities for the same household. The bar is the gap; exact figures are in the table below.
Interactive — adjust the household

Full comparison

MetricLondonNew York
Cost
Total monthly cost4,050 USD✓6,382 USD
Cost index (New York = 100)63✓100
Housing2,600 USD✓4,076 USD
Utilities267 USD232 USD✓
Food617 USD✓910 USD
Transport282 USD211 USD✓
Healthcare8 USD✓559 USD
Lifestyle169 USD✓223 USD
Income & tax
Take-home on 100,000 USD/yr5,953 USD✓5,887 USD
Effective tax + social rate28.6%✓29.4%
Left over each month1,902 USD✓-495 USD
Average local net salary3,600 USD5,400 USD✓
Housing
1-bed rent, city centre2,600 USD✓4,076 USD
3-bed rent, city centre5,200 USD✓7,873 USD
Buy price per m², centre15,000 USD✓16,000 USD
Quality of life
Safety66/100✓58/100
Healthcare84/100✓82/100
Air quality60/10062/100✓
Public transport92/100✓88/100
Walkability90/10092/100✓
English proficiency100/100100/100
Nightlife94/10096/100✓
Family friendliness72/100✓62/100
Median broadband90 Mbps220 Mbps✓
Climate
Average temperature12°C✓13°C
Summer high23°C✓29°C
Winter low3°C✓-3°C
Sunshine hours per year1,480 h2,535 h✓
Annual rainfall600 mm✓1200 mm
Practicalities
Remote-work visaNoNo
Beach access90 min45 min✓
CurrencyGBPUSD
Time zoneEurope/LondonAmerica/New_York

London runs about 58% cheaper than New York for this household, a difference of 2,332 USD a month.

Next

Go deeper

Cost of living in LondonCost of living in New YorkConvert a salary between themFlip the comparison
London vs DublinLondon vs ZurichLondon vs Amsterdam
FAQ

Frequently asked

Is London or New York cheaper?

London runs about 58% cheaper than New York for this household, a difference of 2,332 USD a month.

What salary do you need in New York compared with London?

On a $100,000 gross salary you would take home $5,953 a month in London and $5,887 in New York, before local costs. Use the salary converter for an exact equivalent.

Which has better quality of life, London or New York?

London scores 66/100 on safety and 84/100 on healthcare; New York scores 58 and 82. London averages 12°C against 13°C in New York.