The Cheapest Places to Live in London | Your Complete Guide (2023)

North London
East London
South London
West London

Whether you love art, music, or food, or just want to get a job in your chosen field, London is one of the best places in the world.

But the capital is also expensive. The streets aren’t actually paved with gold, but you wouldn’t know it for the rental prices – which are double the English average – or house prices, which have risen by 3.9% in the past 12 months (as of 2020).

We’ve used the latest Office for National Statistics (ONS) rental price data and Land Registry house price statistics to calculate how different areas of London compare – and below, we’ve ranked the seven cheapest boroughs in the capital.

Want to skip the reading? Find the best shipping deal by using our helpful quote tool. Simply pop a few details about your move into this short form, and we’ll put you in touch with our professional suppliers, who will contact you with free shipping quotes to compare.

The Cheapest Places to Live in London:

1. Barking and Dagenham
2. Bexley
3. Sutton
4. Havering
5. Croydon
6. Enfield
7. Hillingdon

1. Barking and Dagenham

Average rentAverage house price

This East London borough is just nine miles from the centre of the city, and home to the lowest average house price in the capital.

Barking and Dagenham properties still cost £46,000 more than the English average, and renting is 66% more expensive than the average, so you’ll lose £5,700 more per year compared to the typical English renter – but it may be worth it for those London wages.

This is especially true when you consider you can get to the centre of London in less than an hour from Barking station, which is in the cheaper-than-some Zone 4 and offers access to the Hammersmith & City and District lines, as well as the Overground.

You’ll also join a tight-knit community that’s much younger and more diverse than it used to be, with the ethnic minority population rising by 42% in the most recent census.

(Video) I found 10 most affordable areas to live in London
Average rentAverage house price

On the southern side of the river, neighbouring Bexley’s average rental price can’t be beaten by any other borough – so if you’re looking to rent in London, this is an ideal place for you.

The area also boasts the capital’s second-cheapest average house price, alongside its relatively low crime rate – which it shares with Barking and Dagenham – and collection of more than 100 parks and green spaces.

And it doesn’t hurt that a pint of beer in Bexleyheath, one of the borough’s main hubs, costs £3.03 on average, which is considerably less than the average £5.19 London pint.

Bexley is one of London's greenest (and cheapest) boroughs

3. Sutton

Average rentAverage house price

Going from east to south London, Sutton has the joint-cheapest average rent price, along with Bexley.

The borough is also the second-best for English and Maths GCSE results, with 67% of pupils achieving a mark of 5 (a strong pass) or higher.

Sutton is eco-friendly too, having declared a climate emergency in July 2019, and has pledged to become carbon neutral.

It’s also a beautiful area of London. You can take in the mock Tudor surroundings of Cheam, or actual Tudor era Nonsuch Park, which used to surround Henry VIII’s palace and is now simply a lovely place to go for a walk.

4. Havering

Average rentAverage house price

House prices are slightly cheaper in Havering, a borough which borders Bexley and Barking and Dagenham.

London’s most eastern borough contains large swathes of countryside and parkland, which allows residents to enjoy many free activities.

You can see wild deer frolic in Bedfords Park, visit the historically important village of Havering-atte-Bower – which dates back to at least the Anglo-Saxon era – or wander through hundreds of stalls at the 770-year-old Romford Market.

Maybe this more relaxed lifestyle is why Havering has the fourth-highest life satisfaction of any London borough, according to ONS data.

The Cheapest Places to Live in London | Your Complete Guide (1)

There are plenty of beautiful, reasonably priced places in London

(Video) 10 Most affordable Mediterranean Cities to Live or Retire | Low Cost Mediterranean Cities

5. Croydon

Average rentAverage house price

Croydon’s 386,000 inhabitants have the lowest anxiety levels of any London borough, according to the ONS – and little wonder.

As well as relatively cheap rental and house prices, you can buy a pint of beer for £1.99, on average – and if you need to escape the city, you’re within a stone’s throw of the sprawling green spaces outside London.

The borough is ambitious, too. Croydon has been attempting for years to become London’s third official city (after Westminster and the City of London), and its current £3.5 billion regeneration scheme should go a long way to convincing the authorities.

The initiative is set to provide new offices, shops, and homes, as well as facilities for young residents and disabled people.

Average rentAverage house price

The only northern entrant on this list is also London’s northernmost borough, but don’t worry – the area’s transport links mean you’re always an hour from the city centre.

You can live in Transport for London’s Zone 5 – which ensures cheaper tube fares than some boroughs on this list – while still enjoying access to a load of green spaces, including the stunning Forty Hall estate and Hilly Fields Park.

The borough is home to vibrant Turkish and Greek communities, particularly in Southgate, where you can delight in independent restaurants and cafes without the typically extreme London prices.

(Video) Top 8 CHEAPEST Cities to Live LAVISHLY on $1500/month

The Forty Hall Estate is 260 acres of gorgeous parkland

7. Hillingdon

Average rentAverage house price

Hillingdon carves a path down London’s western edge, with Brunel University, Ruislip Lido’s sandy beaches, and Heathrow Airport all absorbed into the capital’s second-biggest borough.

The region, which offers some of the cheapest property prices in London, also contains the Grand Union Canal, Manor Farm, and Ruislip Woods.

This gorgeous 726-acre national nature reserve holds events like a £2 guided bat walk, and an annual festival featuring attractions including birds of prey and lumberjack sports team the Welsh Axemen.

You’ll also typically pay less in Hillingdon establishments than you will in most of London – for instance, a pint of beer will only set you back around £2.


Which area is cheapest to live in London? ›

The Cheapest Places to Live in London:
  • Barking and Dagenham.
  • Bexley.
  • Sutton.
  • Havering.
  • Croydon.
  • Enfield.
  • Hillingdon.
May 10, 2023

What is the cheapest way to live in London? ›

Get your notes app out and start listing down some of these ideas, you won't regret it!
  • Thoroughly Research Accommodation Options. ...
  • WALK! ...
  • Swap Out High End Supermarkets. ...
  • Branded Goods Doesn't Always Mean it's 'Better' ...
  • Reduce The Amount Of Money Spent On Takeaways. ...
  • Stick To Free And Cheap Attractions.
Feb 1, 2022

Is London a cheap city to live in? ›

The nation's capital doesn't exactly have a reputation for affordability – and for good reason. It's the most expensive place to live in the UK, and in the top 20 in the world.

Which part of UK has the lowest cost of living? ›

Cardiff is one of the cheapest places to live in the UK. A 1 bedroom apartment goes for about £663 inside the city, and only £504 outside. Your typical utilities bill will come up to around £202 each month, but costs for things like sports entertainment and transportation are all fairly low.

Is it cheaper to live in London than the US? ›

The average rent per month for a one-bedroom flat in the UK is £700. In the USA it is $1,169, which works out to around £940 per month, making the UK a clear winner here.

How much is needed to live comfortably in London? ›

The average wage that was seen as a sum on which people could live comfortably is £16,300 more than the £33,000 median annual pay for full-time employees in the tax year ending in April 2022, according to Office for National Statistics (ONS) figures.

Is $1,500 a month enough to live in London? ›

General living expenses

It's thought that a single person living in London will need around £1,500 per month to cover their living expenses and just over £1,200 in Manchester. However, with the pandemic pushing inflation to a 10-year high, the cost of general living expenses is rising sharply.

Is $20 000 enough to live in London? ›

Some people claim to be able to live on an annual salary of £20k in London. However, this will require a lot of economising to make ends meet. In 2023, it seems borderline impossible. The most important consideration, again, is rent.

Is $1,000 a month enough to live in London? ›

Believe it or not, it is possible to live on £1,000 each month. However that comes with big caveats – it is likely possible only if you're a single person. If you have a family with children or dependents, the unfortunate news is that it will be near impossible to do so.

Which part of London is best to live? ›

10 best places to live in London
  1. Borough of Bromley. Bromley is our top-rated London location, with an average score of 4.62 out of 5 among reviewers in the borough. ...
  2. Borough of Kingston upon Thames. ...
  3. Borough of Richmond upon Thames. ...
  4. Borough of Sutton. ...
  5. Borough of Islington. ...
  6. Borough of Hackney. ...
  7. Harrow. ...
  8. Croydon.
May 8, 2023

Is London less expensive than New York? ›

Cost of Living NYC vs London

Consumer Prices in London are 16.52% lower than in New York, NY (without rent) Rent Prices in London are 30.45% lower than in New York, NY. Restaurant Prices in London are 13.79% lower than in New York, NY. Groceries Prices in London are 37.92% lower than in New York, NY.

Where is the cheapest nicest place to live? ›

Best Places to Live in the U.S.: 10 Most Affordable Cities
  • Wichita Falls, Texas.
  • South Bend, Indiana.
  • Toledo.
  • Erie, Pennsylvania.
  • Fort Wayne, Indiana.
  • Evansville, Indiana.
  • Akron, Ohio.
  • Buffalo.
Mar 20, 2023

Where can I afford to live in the UK? ›

Top affordable places to buy a home in the UK
RankTown / CityAffordability Ratio
6 more rows
Apr 28, 2023

How to live cheaply in England? ›

50 frugal money-saving tips
  1. Plan meals. Meal planning is essential if you want to spend less money on your food shop. ...
  2. Choose cheaper recipes. ...
  3. Make a shopping list. ...
  4. Don't shop when you're hungry. ...
  5. Visit cheaper supermarkets. ...
  6. Buy supermarket own-label products. ...
  7. Eat less meat. ...
  8. Buy in bulk – but only if you'll use it.

Where are the low income areas of the UK? ›

The lowest income areas were mostly urban areas in the Midlands, North West, North East, and Yorkshire and The Humber. These include Manchester, Birmingham and Nottingham — major UK cities with household income among the lowest in the country, even though their levels of productivity are closer to the national average.

Can an American move to London permanently? ›

Contrary to popular belief, you need a visa to move to the UK if you are an American citizen. The only exception to this is that if you are visiting with no long-term plans, you can stay in the UK without a visa for six months – but you cannot work during your visa-free stay.

How can I live in London as an American? ›

In order to live in the UK, you'll need to have a valid visa. The type of visa you need will depend on your reason for relocating. There are several categories of visas, including work visas, student visas, and family visas. What is this?

How can I move to London permanently from the US? ›

There are still plenty of ways to do it, though, and that's what I want to share with you in this blog post.
  1. Get a Work Visa. ...
  2. Get a Student Visa. ...
  3. Marry a UK Citizen. ...
  4. Be a Celebrity or Have Exceptional Talent. ...
  5. Get an Ancestry Visa. ...
  6. Get an Investor Visa. ...
  7. Get a Tourist Visa.

How much does it cost to live in England in US dollars? ›

Overall, the cost of living in the U.K. is 0.49% lower than in the United States. Rent overall is about 22.55% lower in the U.K. You would need $4,700 per month to finance a modest lifestyle in London, compared to $5,822 for the equivalent lifestyle in New York City.

Is saving $1,000 a month good UK? ›

Yes, saving £1,000 a month is great! It amounts to £12,000 a year and if this amount is invested properly, it will grow into a very large portfolio over time. Let's dive in further and see what it means to save such a large amount of money in the UK.

What is minimum wage UK? ›

What is the UK Minimum Wage for 2023?
Rate2022 Rate2023 Rate
National Living Wage£9.50£10.42
21-22 Year Old Rate£9.18£10.18
18-20 Year Old Rate£6.83£7.49
16-17 Year Old Rate£4.81£5.28

What salary is middle class UK? ›

Median income for non-retired households decreased by 0.3% in FYE 2022, from £34,100 to £34,000, following a 1.0% increase in the previous year, with an average annual growth of 1.7% in the 10 years leading up to 2022 (FYE 2013 to FYE 2022).

Can you live on 500 pounds a month in London? ›

You will need to pay rent as well and the other costs that you would need to bear will be a little expensive. Hence living in London within £500 might just be quite a stretch. CONCLUSION: Honestly it's hard to live in London earning less than 700 pounds a month.

How can I save money living in London? ›

How to save money on shopping
  1. Shop in cheap London food supermarkets. In order to save money while living in London, it is important to be mindful of your spending. ...
  2. Use student discount apps. Budgeting apps are great for students to help them save their pennies until the next student loan comes in. ...
  3. Shop in thrift stores!
Aug 16, 2022

How much does a meal cost in London? ›

Average food cost per month in London
Restaurant type or itemAverage price range (GBP)
Average restaurant meal10 - 30
Average meal for two in mid-priced restaurant45 - 100
Pint of beer8
Average bottle of wine in supermarket6
Jul 22, 2022

How much is house rent in UK per month? ›

Rent: The average rent that you will pay in UK varies depending on where you live and the type of accommodation you have. A one-bedroom flat averages at £758 (~$1000 USD) per month if you're in the city; £614 (~$810 USD) if you're outside of the city.

Is $25,000 enough for London? ›

A 25k salary is below the nation's average for a full-time employee. The average yearly wage for full-time workers in London in 2022, according to Statista, was £41,866, compared with £29,521 for workers in North East England, which was the lowest in the United Kingdom in 2022.

Is London living rent affordable? ›

London Living Rent is a type of intermediate affordable housing for middle-income Londoners who want to build up savings to buy a home.

What is the 50 30 20 rule? ›

The 50/30/20 rule is a budgeting technique that involves dividing your money into three primary categories based on your after-tax income (i.e., your take-home pay): 50% to needs, 30% to wants and 20% to savings and debt payments.

Is saving 500 a month good UK? ›

Yes, saving £500 a month in the UK is good! It amounts to £6,000 a year and if this amount is invested properly, it will grow into a very large portfolio over time.

Where do middle class people live in London? ›

East Finchley

It is an established middle-class neighbourhood with excellent schools, sensible houses, and efficient public transportation. While there are a number of million-pound homes in London, you can expect East Finchley to be more affordable.

What is the safest part of London to live? ›


Richmond and Twickenham have been considered as the safest boroughs in 2022. Richmond is the safest place to live in the capital. It is a calm, welcoming village with beautiful riverside café's, shops, pubs, 100 parks and 140 hectares of Metropolitan Green Belt area.

What is the Brooklyn of London? ›

Camden is hip, funky, a little gritty, and full of young people, which is why I call it the Brooklyn of London.

Is Dubai more expensive than London? ›

Consumer Prices in London are 5.36% higher than in Dubai (without rent) Consumer Prices Including Rent in London are 15.31% higher than in Dubai Rent Prices in London are 31.26% higher than in Dubai Restaurant Prices in London are 4.12% lower than in Dubai Groceries Prices in London are 5.82% higher than in Dubai You ...

Is Paris more expensive than London? ›

Cost of living in London (United Kingdom) is 28% more expensive than in Paris (France) How much money will you need in London? Find out with your own Salary Calculation.

What is the number 1 place to live in the US? ›

Topping the 2023-24 list: Green Bay, Wisconsin. The magazine called Green Bay "The perfect mix of big-city amenities complemented with a Midwestern, small-town feel."

What state is the cheapest to make a living? ›

Take a look at the 10 cheapest states to live in for 2022.
  1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. ...
  2. Kansas. ...
  3. Alabama. ...
  4. Oklahoma. ...
  5. Georgia. ...
  6. Tennessee. ...
  7. Missouri. ...
  8. Iowa.
Mar 31, 2023

What is the most affordable place to live in the United States? ›

Hickory, North Carolina

Currently ranked as the cheapest place to live in the U.S., Hickory has a median home price of $161,000.

Which city has cheapest houses in UK? ›

Wales is the cheapest region in the UK for renting a home, according to the estate agency Hamptons, while London is the most expensive. The average monthly cost of renting a new let is £800 in Wales, compared to £3,000 in inner London.

Can I move to UK if I have money? ›

Yes, you can move to the UK without a job if you have enough money to support yourself and if you are born to British parents or qualify for one of the following visa's: Tier 5 Youth Mobility (this is country and age-restricted) UK Ancestry. Right to Abode.

Where can I afford in London? ›

If you're determined to buy in London, you need to head east for the most affordable areas: eight out of the 10 cheapest places are in east London, with stations on either the District or Central line. Redbridge and Newbury Park take joint first place.

Can I move to England without a job? ›

Can I Move to the UK Without a Job? If you are exceptionally talented or wealthy or have a familial connection to the UK, you can move to the UK without a job. Instead, you can apply for one of the following visas: UK Ancestry Visa.

How can I legally live in England? ›

You have a right to reside in the UK if any of the following is true:
  • you have 'right of abode' in the UK, if you're a British citizen.
  • you're a citizen of Ireland.
  • you have pre-settled or settled status through the EU Settlement Scheme.
  • you have indefinite leave to enter (ILE) or remain in the UK (ILR)

Where in the UK has the lowest crime rate? ›

19.9 crimes per 1,000 people

The Shetlands boast one of the lowest crime rates in the UK. In fact, fewer than 500 crimes in total were reported here during the whole of 2021-2022. The islands remain one of the most desirable (and safest) places for escaping the pressures of mainland living.

Where is most poverty in the UK? ›

The latest three-year averages show the North East of England had the highest poverty rate of all regions in 2018-21 at 26%.

Where is most poverty located in UK? ›

All statistics represent rolling averages of 3 years (2017/18, 2018/19, and 2019/20). Poverty rates are higher in London than any other region after housing costs are taken into consideration - more than a quarter of individuals living in London are in poverty (27%).

What is Britain's most deprived town? ›

Sovereign stateUnited Kingdom
Postcode districtCO15
15 more rows

Where is the cheapest area to rent apartment in London? ›

The cheapest place to rent in London is in the Bexley area according to recent studies, with an average rent of £1100 per month spread across various property types and bedroom sizes. One might be surprised at this, considering Bexley is a hotspot for student accommodation, easily within reach of the city centre.

Is North London cheaper than South London? ›

Typically, North London is more expensive to live in than south of the river. If you can afford it, the most expensive areas of all in the north of the capital are currently Islington and Lambeth, the least expensive being Enfield and Croydon, both within easy commuting distance of the city centre.

Which part of London is the nicest to live in? ›

1. Kensington. Having been voted the UK's best place to live, Kensington is an affluent part of west London. Along with world-class shopping facilities and beautiful green spaces, you'll be close to some of London's most popular attractions.

What is the safest area to live in London? ›

Despite a slight increase in violent offences between 2020 and 2021, Richmond-upon-Thames is still London's safest borough, with the least common crime being possession of weapons.

How to find cheap house to rent in London? ›

The best way to find cheap apartments in London is by using an online platform such as Spotahome. We list thousands of properties available for rent throughout the city, so it's easy for you to find exactly what you're looking for at just about any budget level.

How much does an apartment in London cost per month? ›

If you're looking to move to London, or are already living here and are looking for a new place, you're probably wondering how much the average rent is. What is this? The average monthly flats to rent in London is around £1,500 – £1,600, but this number can vary greatly depending on where you live in the city.

Does London have affordable housing? ›

London Living Rent is a type of intermediate affordable housing for middle-income Londoners who want to build up savings to buy a home. London Living Rent provides high quality rented homes on stable tenancies, with rents based on a third of local household incomes.

Which side of London is expensive? ›

Chelsea, Kensington, Mayfair, and Knightsbridge are the richest and most affluent neighborhoods in London. These areas boast fashionable and expensive shops, restaurants and are inhabited by some of the wealthiest individuals globally.

Is East or west London better? ›

As a rule it's cheaper to live in East London than west, great news when you're on a budget. There's more great news, this time if you love to get out and about after dark. East London has a better nightclub scene, with a wider choice of places to paint the town red. It also makes for a cheaper night out.

What city in the US is most like London? ›

Instead of London: Boston, MA

While Boston fought hard to separate itself from British rule in the 18th century, the city undeniably reflects the charm and culture of London.

Where can I retire in London? ›

According to the data, inner London and Medway are the most popular places to retire to, whilst Southampton and outer London are the least popular amongst the 65+ age group.


1. 8 Cheapest Places to Live on the Mediterranean | Travel Mass
(Travel Mass)
2. Top 15 Cheapest places to live in UK| Low cost of Living cities & Affordable Places to live in UK
(Your Knowledge Buddy)
3. SHOCKING Look Inside Senior Living for the Poor Cheap Motel Apartment Tour
(Big Super Living In Arizona)
4. Complete Guide Of Travelling London On A Budget | Best London Travel Tips
(Best of London)
5. Finding the cheapest places to live in England, UK, using Numbeo
(Improve Your Finances)
6. Cheapest Places To Live | Best Places to Buy in London for First-Time Buyers
(Move iQ)
Top Articles
Latest Posts
Article information

Author: Jamar Nader

Last Updated: 14/05/2023

Views: 6196

Rating: 4.4 / 5 (75 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Jamar Nader

Birthday: 1995-02-28

Address: Apt. 536 6162 Reichel Greens, Port Zackaryside, CT 22682-9804

Phone: +9958384818317

Job: IT Representative

Hobby: Scrapbooking, Hiking, Hunting, Kite flying, Blacksmithing, Video gaming, Foraging

Introduction: My name is Jamar Nader, I am a fine, shiny, colorful, bright, nice, perfect, curious person who loves writing and wants to share my knowledge and understanding with you.