London vs Edinburgh: Cost of Living Comparison (2026)

Updated June 2026 · ONS data · HMRC 2026/27 rates

London

£2,100 avg rent/month
£523,000 avg house price
£47,900 local salary median
£-282 left/month on £40k
VS

Edinburgh

£1,450 avg rent/month
£290,000 avg house price
£43,200 local salary median
£543 left/month on £40k

See the Difference on Your Salary

Enter your salary to see the estimated monthly difference between London and Edinburgh.

£
London
take-home/month
left after avg costs
more/month
Edinburgh
take-home/month
left after avg costs

Based on average costs for each city. Individual circumstances will vary.

Full Cost Breakdown

Average monthly costs for a single person in each city (ONS data, April 2026):

Cost London Edinburgh Difference
Rent (1 bed avg) £2,100 £1,450 £650 cheaper in Edinburgh
Council Tax (est.) £150 £118 £32 cheaper in Edinburgh
Transport £180 £72 £108 cheaper in Edinburgh
Gas & Electricity £137 £137 Same
Water £92 £52 £40 cheaper in Edinburgh
Broadband £36 £36 Same
Food (average) £280 £280 Same
Total monthly costs £2,975 £2,145 £830 lower in Edinburgh

Rent: ONS Private Rental Market Survey, April 2026. Energy: Ofgem price cap April 2026. Council tax and water are estimated averages.

Buying a Home: London vs Edinburgh

London

Average house price £523,000
10% deposit needed £52,300
Stamp duty (FTB est.) £16,150
Total cash needed £68,450

Edinburgh

Average house price £290,000
10% deposit needed £29,000
Stamp duty (FTB est.) £0
Total cash needed £29,000

House prices from ONS UK House Price Index, March 2026. Stamp duty calculated using current SDLT rates for first-time buyers in England. Scottish and Welsh properties use LBTT and LTT respectively.

Calculate your buying timeline for London →

Salaries in London vs Edinburgh

London
£47,900
estimated local median salary
Edinburgh
£43,200
estimated local median salary

Local salary medians derived from ONS regional pay data (ASHE 2025). Figures are estimates.

See Your Personal Numbers

The figures above are based on average costs. Enter your exact salary, current bills and savings in our Should I Move Simulator to see the precise financial difference for your situation.

Try the Should I Move Simulator →

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Frequently Asked Questions

Is London or Edinburgh cheaper to live in?

Based on average costs, Edinburgh is cheaper to live in than London. On a £40,000 salary, Edinburgh leaves an estimated £825 more per month after average costs. Rent in Edinburgh is £650/month lower on average.

How much more expensive is London than Edinburgh?

On a £40,000 salary, estimated average costs leave £282/month in London and £543/month in Edinburgh — a difference of £825/month. Over a year, that is £9,900.

What salary do I need to live comfortably in London vs Edinburgh?

Based on average costs, a single person in London typically needs around £6,300 gross per year for rent to stay within 33% of take-home pay. In Edinburgh, that figure is around £4,350. Individual circumstances vary significantly.

What is the average rent in London vs Edinburgh?

The average rent for a one-bedroom property is £2,100/month in London and £1,450/month in Edinburgh, according to the ONS Private Rental Market Survey (April 2026). Edinburgh is £650/month cheaper on average.

What is the financial difference between living in London vs Edinburgh?

On a £40,000 salary, London leaves an estimated £-282/month after average costs, while Edinburgh leaves £543/month. The difference is £825/month or £9,900/year. Use the Should I Move Simulator to calculate your personal figures.

What is the average house price in London vs Edinburgh?

The average house price in London is £523,000 and in Edinburgh is £290,000, based on ONS UK House Price Index (March 2026). A 10% deposit in London would be £52,300, compared to £29,000 in Edinburgh.

All figures based on ONS data and HMRC 2026/27 rates. Rent from ONS Private Rental Market Survey, April 2026. House prices from ONS UK House Price Index, March 2026. Local salary medians derived from ONS regional pay data (ASHE 2025) — approximations only. Stamp duty calculated using current rates for England (SDLT), Scotland (LBTT) and Wales (LTT). All figures are estimates only and do not constitute financial advice. Individual circumstances vary significantly. Last updated: June 2026.