Living Costs in the UK: What to Expect in 2024

Do you want to move to the UK but are not sure what it would cost to live there? Or still working out where in the UK is right for you? There are many unknowns with moving to a new country, but it pays to know the cost of living to make better decisions.

The UK is not the same in every way, it will be different wherever you live and how you live. You want to know what the expenses are if you are going abroad for work or school as this can influence your budget and even whether you decide to do part-time work.

How Much Does It Cost To Live In The UK?

One of the most expensive countries to live in is the UK. It is also, according to the most recent survey, the 7th most expensive country in Europe and the 14th most expensive in the world.

You’ll need to factor in how much you can afford to save or spend, once your needs have been met, based on your income and what city or town you’ll be living in. Cities such as London, on the whole, are more expensive than towns or rural places.

Key Living Costs in the UK

  • Public Transportation

    If you live in a city, you’ll have to travel by public transport. The UK has a good public transport system, especially in the big cities.
    • Buses: You can recharge a pre-paid travel card and pay as you go. A month’s bus ticket is approximately £18, an annual ticket is about £700.
    • Taxis: The price of a taxi in London is £4 minimum, and you’ll pay more if you’re far away.
    • The Tube (Underground and Overground): Available in London, Glasgow, Liverpool and Newcastle. Fares vary by city.
  • Accommodation Costs

    Rent is one of the largest expenses you’ll face. Prices can vary widely based on the city and location within that city.
Property TypeLocationPrice Range (per month)
One BedroomOutside the City£460 – £1,800
One BedroomCity Center£350 – £1,300
Three BedroomOutside the City£500 – £2,000
Three BedroomCity Center£650 – £4,000


In addition to rent, you may need to pay a deposit and provide a rent guarantee.

  • Food Costs

    Eating out can be expensive, but there are many affordable options as well. A meal at an inexpensive pub or restaurant typically costs around £10. If you prefer cooking at home, groceries can vary in price depending on where you shop.
    Many areas in the UK have food markets or restaurants offering international dishes, so you can enjoy a taste of home while you’re abroad.

Additional Costs to Consider

While the above costs are the basics, your overall living expenses will depend on your lifestyle. Things like entertainment, shopping, and other personal expenses can add up, so it’s important to budget carefully.

Preparing for Your Move

When applying for a visa to move to the UK, it’s important to factor in costs such as flights, health insurance, and other one-time expenses. If you’re unsure about which visa to apply for based on your financial situation, it’s a good idea to consult with an immigration expert at Law and Visas. They can help guide you through the visa process and ensure that you’re prepared for your move to the UK.

By planning and understanding the costs involved, you can make a smoother transition and enjoy your new life in the UK.

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