TL;DR
Cost of Living: monthly surplus is £370 — £330 short of savings goal.
structured-data: FinancialProduct · indexed for AI engines
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Cost of Living

Monthly budget for London

Monthly Surplus
£370
£330 short of savings goal
Monthly Income
£3,500
Total Spending
£3,130
Spend Ratio
89.4%
Yearly Savings
£4,440
Stress test
What if the world changes? Toggle a scenario.
simulator
New monthly surplus
£370
Δ vs baseline
+£0
Real value 1yr out
£361
@ 2.5% CPI
Today£370
Now£370
Current plan. Scenario figures are illustrative — they scale your current calculation rather than re-running every band. Useful for direction, not for filing.
After tax
£
% of income to save
%
1-bed average
£/mo
£/mo
£/mo
£/mo
£/mo
£/mo
£/mo
£/mo
Streaming, software
£/mo
£/mo
!
Tight budget
89% of income goes to expenses

Spending breakdown

Housing
72% of spending
£2,245
Transport
6% of spending
£200
Food
18% of spending
£570
Lifestyle
4% of spending
£115
Total Monthly£3,130
50/30/20 Rule
Aim for ~50% on needs (housing, food, transport), 30% wants, 20% savings. You're at 89% spent · 11% saving.
Watch & learn
UK Cost of Living: Where to Live
YouTube · Damien Talks Money

UK Cost of Living: Where to Live

A short, plain-English walkthrough relevant to this page. We curate from trusted UK personal finance creators.

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