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How expensive is Edinburgh compared to London?

Posted on September 1, 2022 by Author

How expensive is Edinburgh compared to London?

Edinburgh is 32\% cheaper than London. Dec 2021 Cost of Living.

Is 40000 a good salary in Edinburgh?

It is definitely a good salary (albeit not a high income) as the average salary in Edinburgh is approx £26k p.a.

Can I live in London on 80k?

Yes, you should have a pretty decent lifestyle living in London’s suburbs on an income of £80,000 per annum. You should be able to find a decent two-bed home and should easily be able to run a car & hopefully save, with a view to eventually purchasing a home.

What is the average income in Edinburgh Scotland?

£35,678 per annum
From this model, median income for Edinburgh is estimated at £35,678 per annum for 2018, some 27\% higher than the Scotland average. Incomes in Edinburgh are estimated at higher than the Scottish average across all income groups, with those in the poorest deciles recording an estimated income of £11,628 per annum.

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How much is rent in Edinburgh?

Cost of living Edinburgh is an expensive city by UK standards but not when we compare it to the capital London. Average rents for a 1 bedroom apartment stand at around $810pcm. For a large 3 bedroom apartment expect to pay around $1,240 a month.

What is a good salary for a 32 year old?

What was the average and median income by age in 2021?

Age 25\% Median
30 $25,000.00 $40,560.00
31 $28,000.00 $45,000.00
32 $26,001.00 $45,330.00
33 $28,000.00 $49,033.00

What salary is good in London?

Is living in London worth it? To summarise, for a comfortable life in London for 1 person, you would need a salary of at least 40K a year.

Is 84k a good salary?

Depending on the size of your family, $80,000 can comfortably cover living expenses and beyond. According to the U.S census as of 2020, the median salary for a four-person household is $68,400 per year, making 80K a substantially higher income than that of the average American.

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How much does the average person earn in Edinburgh per month?

A person working in Edinburgh typically earns around 5,026 GBP per month. This is the average monthly salary including housing, transport, and other benefits.

Is it easier to rent a house in Edinburgh or London?

Overall, it’s easier to rent a place in Edinburgh on an average salary than it is in London. Of course, salaries are much lower in Edinburgh and a graduate often only makes 15-18K per year (that’s £1155 -£1350 after taxes) – with that salary, you can rent a flat outside the city centre for £600 and only pay £45 per month on transport.

How much does it cost to buy a house in Edinburgh?

3 bedroom flat outside the City Centre: £780+ Price per square metre (10.7 square feet) to buy in City Centre: £2,100+ Price per square metre (10.7 square feet) to buy outside City: £1,250+ This is how rents in Edinburgh compare with other cities around the globe. Share a flat or house.

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What is the average salary for a marketing graduate in Edinburgh?

I’d say the average salary for a graduate (Marketing, Business) in Edinburgh, is £15000-21000, while in London you can get a salary of £18-25000. With a couple of years of experience, you can still be earning £20-24,000 in Edinburgh, while in London you can easily be making £28,000-40,000 per month depending on the industry.

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