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Cost of living in London (South)

Discussion in 'BlackHat Lounge' started by eko1990, Nov 24, 2014.

  1. eko1990

    eko1990 Registered Member

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    I have a job offer in London, so now i am asking here how much money per month would i need to live in London. I need to pay apartment or room, bus tickets...Any advice?
     
  2. mootonandy

    mootonandy Supreme Member

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    Proably about £2K per month minimum, if you get the cheapest of everything.
     
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  3. Trepanated

    Trepanated Supreme Member

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    I think you could live for less if you wanted, although personally, I agree with Mootonandy.

    Transport in London can be very expensive if you live in the commuter belt and work in Central London, so where you live is a huge factor.

    Take a look at www.rightmove.co.uk and you can see what you can afford for your budget in various locations.
     
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  4. LostConnection

    LostConnection Senior Member

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    Also if you work near a subway station, might save some money compared to bus tickets, but still the £2000 is not far from what you will be spending, depending on the type and size of the apartment you need.
     
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  5. ShadeDream

    ShadeDream Elite Member

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    £2K sounds about right if you want to be somewhat comfortable. It all depends on where you'll be staying, how far your workplace will be, whether you're single or not, will you be buddying up? You can probably get by on about £1.2K, but do you really want to just get by? Personally I wouldn't bother if I wasn't getting at least £1.5K though.
     
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  6. deancow

    deancow Jr. VIP Jr. VIP

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  7. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    It's not as expensive as people make out if you know where to live. Whereabouts are you working? You could get a shared apartment (including bills, usually) for ~£700 a month in a reasonable area. Expect to pay around £150 a month for travel assuming you're getting the tube into central. Food is as cheap as you want it to be. First two years working for myself I lived off £15k a year - it's really not that hard if you are sensible and want it enough.
     
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  8. ThreadKiller

    ThreadKiller Power Member

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    Concur with the other guys that say 2K would be needed. The most basic crap flat anywhere between Brixton and Croydon costs about 900 per month. You could try sharing a flat with someone, but IMHO that is no quality of life.
     
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  9. lord1027

    lord1027 Elite Member

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    I don't live in London, but I did visit it when I was in High School and I got to know several people from my country living there. From my experience, Transportation is pretty expensive and it depends on what district you live in. I remember spending close to 100 pounds in a week (I was a tourist so I traveled a lot). Rents are really expensive too, obviously it will depend on how close to the center you are, you might want to take a buddy with you and split the costs.
    From what I recall, food is pretty cheap compared to other costs, so your main worries should definetly be Rent + Transportation. Add another several hundreds of pounds and that's it.
     
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  10. FutureProofSeo

    FutureProofSeo Jr. VIP Jr. VIP Premium Member UnGagged Attendee

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    See if as an incentive your work will pay for your commuting costs + possibly some rental benefits?

    Pretend that another company has offered you similar benefits and hoping they will match it?

    I suppose it depends on what sort of job offer you've just received.
     
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  11. LostConnection

    LostConnection Senior Member

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    Never actually thought to ask, what job did they offer you?

    I mean, if you're the new Prime Minister, then you would naturally acquire something like this
    [​IMG]

    And you get all those coppers standing there as an added benefit
     
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  12. mootonandy

    mootonandy Supreme Member

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    He's gonna need them standing there if its Brixton.
     
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  13. eko1990

    eko1990 Registered Member

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    They are giving me 1500/m. I am electric engineer and I would be working all over uk and ireland. So shared flat would be ok. From your comments now I think I could live with this 1500/m. Is there anything more I need to pay (rent, transport, food)? Thanks for you all comments.
     
  14. Trepanated

    Trepanated Supreme Member

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    Does that mean you have a salary of £18K, or is £1500 what hits your bank after taxes?

    If it's the latter and shared accommodation is OK, then you should be good.

    Presumably your employer will be paying your transport costs if you are working all over the place? If so, then that's better.

    There's no extra expenses from being in London than anywhere else, other than the fact certain things cost more than in other cities.
     
  15. igniteimages

    igniteimages Regular Member

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    I live in London and concur with much of the sentiments.

    It is getting expensive even in Zone 3 so don't expect to live in South Kensington.

    South of the river (urgh) is cheaper :)
     
  16. eko1990

    eko1990 Registered Member

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    I just have one more question: What about buying a car? I.e. focus or astra diesel engine, how much you need to give for tax and insurance in a year?
     
  17. davids355

    davids355 Jr. VIP Jr. VIP Premium Member

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    Personally think £1500 is cutting it pretty fine. In my experience you need 3 times whatever your rent is - and that will then cover bills, food, travel etc.

    As Meathead said, you could do it, but it will probably be tight, main thing is to think about what opportunities you have - if you can do some extra work on top of that job, great, and/or if you have possibilities of moving up in that job or mocing on to something that pays more, tehn its worth having a hard year to achieve that.
     
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  18. Sunday Lunch

    Sunday Lunch Junior Member

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    £1500 a month after tax in London is not living it is surviving. If the £1500 is before tax you move from survivor to student level lifestyle.

    If your job involves a lot of travel, outside of to and from an office, it is surprising that your employer is not paying for it. On the wages they are paying you it is a p*** take to be honest.

    For accommodation I would look at Walthamstow & Enfield. With Enfield you need to be very close to an over-rail as there is no underground.

    If your aim is to get promoted in the ranks of this employer or add the job to your CV before moving on to a higher paying job then great otherwise I wouldn't bother. First job I had I earned £30k a year (adjusted for inflation £50k), back when you could get a 1 bed s***hole flat for £40k and I still stayed at my parents and I still managed to burn through that money, no problems whatsoever. I am assuming you are young and that you will want to go out and have a life.

    On the bright side, living on a small wage will motivate you to earn more online.
     
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  19. Leith

    Leith Jr. Executive VIP Jr. VIP

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    I used to live in London and to be honest, £1500 a month AFTER tax is pretty low...

    My expenses when I was there were easily around £1000 every month, usually more.
     
  20. eko1990

    eko1990 Registered Member

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    Now I don't know ... There is opportunity to get promoted in 1-2 years (I would be junior plc programmer on start), Other company's offer around 1,8-2k but i got offer only from this company.