London, England

Cost of living in City of London

Data last updated: 8 October 2026
Page last reviewed: 8 October 2026
£757,500
Average house price
£1,330/yr
Council tax (Band D)
£200/mo
Est. energy & water

Rent in City of London

Rent data is not currently available for City of London.

Source: ONS Price Index of Private Rents (PIPR)

Earnings in City of London

Average salary
N/A
Mean salary (pulled up by top earners)
£73,082
per year

The average salary is the middle value: half of residents earn more and half earn less. The mean salary adds up everyone's pay and divides it by the number of people, so a few very high earners pull it up. We use the middle value as the average throughout this site.

Source: ONS Annual Survey of Hours and Earnings (ASHE)

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Average house prices in City of London

The average house price in City of London was £757,500.

Flat
£757,500

How house prices have changed in City of London

Average house prices over time, based on quarterly rolling-year averages from Land Registry data.

£0£250k£500k£750k£1.0m£1.3m19952000200520102015202020252026

Source: ONS / HM Land Registry. Historical trend based on quarterly rolling-year average prices.

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Climate and weather in City of London

Summer daytime highs in City of London typically reach 23.7°C in July, dropping to around 8.6°C in January. City of London is much drier than average for the UK, with rain falling on about 2.2 days a week. It gets around 47% less rainfall than the UK average. The area is sunnier than most of the UK, averaging around 6.4 hours of sunshine per day in summer. Expect frost on around 68 days per year, mostly between November and April.

Month Daytime high Rainfall Rain days Sunshine Frost days
Jan 8.6°C 58mm 11 52h 14
Feb 9.1°C 43mm 9 72h 13
Mar 11.8°C 36mm 8 118h 11
Apr 15.1°C 42mm 9 165h 6
May 18.5°C 45mm 8 195h 1
Jun 21.4°C 54mm 9 191h 0
Jul 23.7°C 46mm 8 201h 0
Aug 23.3°C 55mm 9 194h 0
Sep 20.2°C 50mm 8 148h 0
Oct 15.8°C 66mm 11 108h 2
Nov 11.6°C 65mm 11 63h 8
Dec 8.9°C 59mm 11 48h 14

Swipe sideways to see every column

How this is calculated

Climate data is based on Met Office 30-year averages (1991-2020), calculated from 1 observation grid point covering the City of London local authority area.

Source: Met Office HadUK-Grid , 1991-2020 averages. Crown copyright. Open Government Licence v3.0.

Council tax in City of London

Band D council tax in City of London is £1,330 per year.

Band A
£886
Band B
£1,034
Band C
£1,182
Band D Benchmark
£1,330
Band E
£1,625
Band F
£1,920
Band G
£2,216
Band H
£2,659

Source: MHCLG / Scottish Government / Welsh Government

Energy costs in City of London

A typical household in City of London pays approximately £1,723/year (£144/month) for gas and electricity.

Annual
£1,723
per year
Monthly
£144
per month

Energy region: London

This estimate is based on the Ofgem price cap for a typical dual-fuel household using 2,700 kWh of electricity and 11,500 kWh of gas per year, paying by Direct Debit. Your actual costs will depend on your usage, tariff, and whether you're on a fixed deal.

Source: Ofgem Energy Price Cap, Q4 2026

Water costs in City of London

The average annual water and sewerage bill for Thames Water customers is £666/year (£56/month).

Annual
£666
per year
Monthly
£56
per month

Water company: Thames Water

Water bills vary based on whether you have a meter and your household's water usage. This figure is the company average for unmetered customers.

Source: Water UK / Discover Water, 2026-27

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Broadband in City of London

City of London has 79.5% full fibre coverage and 80% gigabit-capable coverage across residential premises.

Gigabit-capable
80%
of premises
Full fibre (FTTP)
79.5%
of premises
Superfast (30+ Mbit/s)
88%
of premises
No decent broadband
0%
of premises

Full fibre take-up: 50% of premises with full fibre available have taken it up.

"Gigabit-capable" means a connection of 1 Gbit/s or faster is available at the premises (full fibre or upgraded cable). "Full fibre" is fibre-to-the-premises specifically. "No decent broadband" counts premises below the 10 Mbit/s down / 1 Mbit/s up Universal Service Obligation.

See all UK areas ranked by broadband coverage →

Source: Ofcom Connected Nations 2025, July 2025

Schools in City of London

City of London has 1 schools, with 100% rated Good or Outstanding by Ofsted.

Outstanding
1
schools (100.0%)
Good
0
schools (0.0%)
Requires Improvement
0
schools (0.0%)
Inadequate
0
schools (0.0%)

1 primary schools, 0 secondary schools. Approximately 249 pupils across all schools.

Ofsted grades reflect the school's most recent inspection: Outstanding means the school is exceptional across the evaluation areas, Good means it is effective, Requires Improvement means it is not yet good enough, and Inadequate means serious concerns were found.

See all areas ranked by school ratings →

Source: Ofsted, most recent inspections as at March 2026. England only; Scotland (Education Scotland) and Wales (Estyn) use separate frameworks.

Crime in City of London

There were 5,586 recorded crimes per 10,000 people in City of London, which is above the England and Wales average of 837. City of London ranks #303 out of 303 areas for lowest crime rate.

Violence & sexual offences
962 /10k
(1,504 offences)
Burglary
305 /10k
(476 offences)
Theft
3,233 /10k
(5,054 offences)
Criminal damage
197 /10k
(308 offences)
Drug offences
361 /10k
(565 offences)
Public order
412 /10k
(644 offences)
Other
115 /10k
(180 offences)

Recorded crime statistics reflect crimes reported to and recorded by police. They may not capture the full picture of crime in an area, and recording practices vary between forces.

Source: Home Office police recorded crime, Year ending March 2026

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