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London Cost of Living 2025/26

£24,279 Salary in London

On a £24,279 salary in London, your take-home pay is £1,750.04/month. Here's what that means for your London lifestyle.

Gross Salary
£24,279
per year
Take Home
£1,750.04
per month
Max Rent (35%)
£612.51
recommended
Assessment
Very Challenging
for London

What £24,279 Gets You in London

Very Challenging for London

May struggle with London costs. Consider outer zones

Recommended Housing

Based on the 35% rent rule (max £612.51/month), you can comfortably afford:

Room in shared house
Average: £900.00/month (£700-1,200)

Monthly Budget Scenarios

Shared House

Rent-£900.00
Transport-£150.00
Groceries & Bills-£450.00
Disposable£250.04
Rent: 51% of net income (high)

1-Bed Zone 3

Rent-£1,500.00
Transport-£180.00
Groceries & Bills-£450.00
Disposable-£379.96
Rent: 86% of net income (high)

1-Bed Zone 2

Rent-£1,800.00
Transport-£160.00
Groceries & Bills-£450.00
Disposable-£659.96
Rent: 103% of net income (high)

Key Insights for £24,279 in London

Savings Potential

Saving will be challenging. Focus on building an emergency fund first

Zone Recommendation

Zone 4+ or shared housing in Zone 3

Lifestyle

Free/low-cost activities, cooking at home essential

Comparison to Average

The average London salary is ~£45,000. You earn 46% below average.