The Cost of Living in London Town
Posted on 3 Days Ago by samdfb1 Â
Recently a fellow fab blogger recommended me writing a blog post on the cost of living in London. Thanks Yvonne of ‘Hello World.’
The cost of Living in London. Yikes. The end. Just kidding. London is an expensive city compared to many cities around the world. Cost saving strategies are important. In fact they are essential and I will list those later. Yeah.
Recent government studies show that property prices (including rental prices) were the biggest reason London is an expensive city. A 3 bedroom house in Central London would run you a whopping £2,959,000. I hope you like cereal because you wont have money to buy food. Just saying. But if you choose a similar house in East Ham or Bow (both in London) you would find a similar size house for £261,000. The average rent in London is £1,355 per week. Yikes. Enter cereal. But if you live in Catford (not quite Central but still London) your rent would be £317 per week. Now, that is cereal with toast and tea. That’s what I’m talking about.
Other things to consider are water, utilities, tv/broadband/telephone and Council Tax. Everyone has to pay Council tax. Paying your council tax means that your rubbish is being collected, you have working (or not) street lights and other similar stuff. If you don’t pay your council tax the bailiffs will come and you will go to jail. Pay your council tax. Although, you do have an opportunity to apply for housing benefit and/or council tax credit where you can pay a reduced amount for both as the council picks up the difference. But you have to apply or make a claim. A lot of people do this.
Transportation is expensive. But the Oyster card makes trains, buses and the Underground manageable. Also, you can use a ‘Boris Bike’ Check out my blog post on bikes in London. Shameless plug. Public transportation is easier than buying petrol for your car which you will never find parking for. Just saying.
Food. It can be expensive. You really have to shop around. You have expensive tastes and money? Go to Waitrose. You have a family and want to save money? Go to Sainsburys. Or to the local market or the big markets in London. You can get clothes there too.
As promised, here are some strategies to save money when living or visiting London Town:
-get a travel card or use your Oyster card
-Buy from a charity shop. I do this ALL the time and I look good! 
-Look for websites that do swaps and freebies (these sites have items from bikes to beds to chest of draws)
-Join a local library. Read the paper for free and use the internet for free too.
There are more and promise to do another blog post on this topic.
London is an expensive city. But so is everywhere else. End of.
Cheers Y’all