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New York vs London

London runs about 37% cheaper than New York for this household, a difference of 2,332 USD a month.

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
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
New York monthly
$6,382
Index 100 (NYC = 100)
London monthly
$4,050
Index 63 (NYC = 100)
Difference
-37%
London relative to New York
Rent gap
$1,476
New York costs more for a central 1-bed
By category

Where the gap actually is

New YorkLondon
  • Housing
    Housing: New York $4,076, London $2,600. Cheaper in London.
  • Food
    Food: New York $910, London $617. Cheaper in London.
  • Transport
    Transport: New York $211, London $282. Cheaper in New York.
  • Utilities
    Utilities: New York $232, London $267. Cheaper in New York.
  • Healthcare
    Healthcare: New York $559, London $8.03. Cheaper in London.
  • Lifestyle
    Lifestyle: New York $223, London $169. Cheaper in London.
  • Other
    Other: New York $171, London $107. 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

MetricNew YorkLondon
Cost
Total monthly cost6,382 USD4,050 USD✓
Cost index (New York = 100)10063✓
Housing4,076 USD2,600 USD✓
Utilities232 USD✓267 USD
Food910 USD617 USD✓
Transport211 USD✓282 USD
Healthcare559 USD8 USD✓
Lifestyle223 USD169 USD✓
Income & tax
Take-home on 100,000 USD/yr5,887 USD5,953 USD✓
Effective tax + social rate29.4%28.6%✓
Left over each month-495 USD1,902 USD✓
Average local net salary5,400 USD✓3,600 USD
Housing
1-bed rent, city centre4,076 USD2,600 USD✓
3-bed rent, city centre7,873 USD5,200 USD✓
Buy price per m², centre16,000 USD15,000 USD✓
Quality of life
Safety58/10066/100✓
Healthcare82/10084/100✓
Air quality62/100✓60/100
Public transport88/10092/100✓
Walkability92/100✓90/100
English proficiency100/100100/100
Nightlife96/100✓94/100
Family friendliness62/10072/100✓
Median broadband220 Mbps✓90 Mbps
Climate
Average temperature13°C12°C✓
Summer high29°C23°C✓
Winter low-3°C3°C✓
Sunshine hours per year2,535 h✓1,480 h
Annual rainfall1200 mm600 mm✓
Practicalities
Remote-work visaNoNo
Beach access45 min✓90 min
CurrencyUSDGBP
Time zoneAmerica/New_YorkEurope/London

London runs about 37% cheaper than New York for this household, a difference of 2,332 USD a month.

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Cost of living in New YorkCost of living in LondonConvert a salary between themFlip the comparison
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FAQ

Frequently asked

Is New York or London cheaper?

London runs about 37% cheaper than New York for this household, a difference of 2,332 USD a month.

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

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

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

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