Paycheck & COL Hub

Cost of Living Calculator

Use this free cost of living calculator to compare two cities and see what salary you’d need in the new city to keep the same lifestyle.

Comparison inputs

Equivalent salary

To have a similar standard of living in London as you have in New York with your current salary, you’d need approximately:

London equivalent

55,200 GBP/year

8% less expensive than New York

Based on relative cost of living indices. Actual costs depend on lifestyle and family size.

How we compare cost of living

We use relative cost-of-living indices for housing, groceries, transport, and general expenses. The equivalent salary is the amount you’d need in the new city to maintain a similar purchasing power. This is a guide only; your own spending habits will vary.