Super helpful video! Young professional moving to London later this week and I've made an excel sheet with my monthly budget and all my planned expenses match line-up quite closely with the ones in this video! Huge sigh of relief for sure
Thank you so much! What places would you recommend that might be more affordable for a single person further out from the city (but with good transportation links)? I was looking at Reading as a possibility
I would definitely recommend considering St Albans (just outside North London super cute historic town, with great connection to central London, if you time your trains right you can be at St Pancras international in 20 minutes). Also recommend considering Watford and Hitchin (both north). While you’re at it, Kent can offer quite a lot of cheaper alternatives but either great connection into London (I love Canterbury, such a nice town!). I’ve not actually been to Reading but I hear it’s lively with things going on, it’s also well connected to London (you’ve got the Elizabeth Line there taking you right into central London easily). Are you planning to flat share or get your own place?
Converting your expenses to dollars, your rent still looks like a bargain given its location, and your grocery expenses are very modest. My closest US city is Boston, MA, and even if I could live and work using public transportation, I couldn't live as cheaply there.
Oh interesting to hear the US comparison, thanks Bob! I definitely think I have a good deal with my rent, which helps for sure. Although salaries in the UK are usually a fair bit lower than in the US so that’s probably where the costs vs salary comes into play a bit too.
Super helpful video! Young professional moving to London later this week and I've made an excel sheet with my monthly budget and all my planned expenses match line-up quite closely with the ones in this video! Huge sigh of relief for sure
Thanks for your video👍
Thank you so much! What places would you recommend that might be more affordable for a single person further out from the city (but with good transportation links)? I was looking at Reading as a possibility
I would definitely recommend considering St Albans (just outside North London super cute historic town, with great connection to central London, if you time your trains right you can be at St Pancras international in 20 minutes). Also recommend considering Watford and Hitchin (both north). While you’re at it, Kent can offer quite a lot of cheaper alternatives but either great connection into London (I love Canterbury, such a nice town!). I’ve not actually been to Reading but I hear it’s lively with things going on, it’s also well connected to London (you’ve got the Elizabeth Line there taking you right into central London easily). Are you planning to flat share or get your own place?
For that rent you and your boyfriend could get a mortgage on a one bed flat.
Converting your expenses to dollars, your rent still looks like a bargain given its location, and your grocery expenses are very modest. My closest US city is Boston, MA, and even if I could live and work using public transportation, I couldn't live as cheaply there.
Oh interesting to hear the US comparison, thanks Bob! I definitely think I have a good deal with my rent, which helps for sure. Although salaries in the UK are usually a fair bit lower than in the US so that’s probably where the costs vs salary comes into play a bit too.