City comparison
Cost of living in New York vs London
One person needs about €4,270 a month in New York and €3,468 in London, rent included — London is 19% cheaper overall.
Salary you'd need to keep the same lifestyle
Enter your current net monthly pay. We scale it by the full cost basket — rent, groceries, transport, utilities, eating out and internet.
To live in London the way you live in New York on €3,000, you need
€2,437/ month net
19% less than today (-€563)
- New York today
- Basket €4,270 · left over -€1,270 (-42%)
- London at the matched salary
- Basket €3,468 · left over -€1,031 (-42%)
Local pay context: average tech net pay covers the basket 161% over in London (adequate) vs 192% in New York. Purchasing power index · How we calculate this
🇺🇸 New York
Extreme on both sides of the ledger: top-of-market pay, top-of-market burn rate.
Monthly budget: €4,270
Sources: US BLS + Census ACS, CPI-U (NY area) & ACS median gross rent (2024) · 502 community reports
🇬🇧 London
Salaries are high, everything else is higher — transport alone costs a Tbilisi flat.
Monthly budget: €3,468
Sources: ONS + VOA, CPIH & private rental market summary (2025) · 468 community reports
Should you move to New York or London?
On salary, New York pays more for tech roles (€8,200 versus €5,600 a month), so the money left over after costs is €3,930 in New York at the top end.
Rent drives most of the gap: €3,200 in New York against €2,400 in London. Groceries, transport and utilities move far less between the two.
For remote workers, the nomad index scores New York at 61 and London at 64 — see the full nomad index and our data methodology.