London
United Kingdom · GBP · share price index, latest 2026-09
The city is a label: every national figure here is United Kingdom's own, and the cost of living is one survey's answer for one adult, with its method and its year.
A budget built from what members of the public say a household needs for a decent minimum.
£3,352.48a month · 2025
€3,913at the ECB's 2025 averageExcluding housing £1,706.12 (€1,991.29)
Monthly minimum income standard, one working-age adult living alone, Inner London, renting a one-bedroom flat privately at the lower-quartile rent.
What the figure is made of
Rent · £1,646.41 · 49.1%All 3 parts
- Rent£1,646.41 49.1%
- Transport£311.83 9.3%
- Other items£1,394.29 41.6%
How it has changed since 2024
London's minimum income rose 4% from 2024 to 2025, in step with prices, while what a person in the United Kingdom spends on average rose 4%.
The whole record
Stock market
At 162 in September 2026, 62% above its 2015 level, in pounds and before inflation. The chart below shows what the pound was worth in euros.
GBP per euro
0.84 pounds to the euro in October 2026, still under the March 2009 record of 0.92. A rising line is a weaker pound.
House prices, after inflation
9% above 2010, and still under the 2022 peak.
The economy
- 3.9%
- €2,567 a month
- $64,210
- 4.7%
- 81.4 years
What the economy is made of
What the country produces, which is what most people there work in; not which companies move the stock market.
How this is calculated
- Minimum income standard
- Minimum Income Standard for London is United Kingdom's own method: Members of the public agree what a minimum socially acceptable standard of living requires; the budget is priced. £773.65 a week × 52 ÷ 12. It is not interchangeable with another country's survey, which is why no other city's figure sits beside it.
- Prices
- No carry-forward. The survey (2025) is not older than United Kingdom's latest CPI year (2025), so nothing is carried: a year of inflation not yet published is not guessed. World Bank FP.CPI.TOTL, annual average.
- In euros
- At 0.856792 GBP per euro, the ECB's 2025 average, the survey's figure is €3,912.83. ECB euro foreign exchange reference rates.
- Change since 2024
- Each series divided by its 2024 value. Prices: World Bank FP.CPI.TOTL, annual average. Spending: World Bank NE.CON.PRVT.CN ÷ SP.POP.TOTL, current local currency, household final consumption divided by population, per month. MIS London has editions for 2015 to 2018, 2020, 2022, 2024 and 2025; only the last two are consecutive, so the line starts in 2024.
- Stock market
- OECD via FRED SPASTT01GBM661N, monthly, 2015 = 100, in GBP and before inflation, on a logarithmic scale: equal distance is equal percentage change. Latest 2026-09.
- GBP per euro
- ECB euro foreign exchange reference rates, monthly average from 1999, on a logarithmic scale. A rising line is a weaker GBP. Latest 2026-10.
- House prices, after inflation
- BIS via FRED QGBR628BIS, quarterly, 2010 = 100. Indexed to United Kingdom's own 2010, so only the direction compares across countries, never the level. Latest 2026-Q1.
- Sources
Padley, Davis et al., A Minimum Income Standard for London 2025, Trust for London, 2026 · Figure 4 data labels; Table 4 · retrieved 14 Oct 2026
World Bank NE.CON.PRVT.CD ÷ SP.POP.TOTL, ECB annual average · World Bank NY.GNP.PCAP.PP.CD · World Bank SL.UEM.TOTL.ZS · World Bank SP.DYN.LE00.IN · World Bank FP.CPI.TOTL.ZG · World Bank NV.AGR.TOTL.ZS · World Bank NV.IND.TOTL.ZS · World Bank NV.SRV.TOTL.ZS · World Bank NV.IND.MANF.ZS · derived: 100 less agriculture, industry and services. Taxes less subsidies is 100 less the three sectors.