London, England

Cost of living in City of London

Data last updated: 14 May 2026

Page last reviewed: 14 May 2026

£762,500
Average house price
£1,330/yr
Council tax (Band D)
£193/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

Median
N/A
Mean
£73,082
per year

We use the median (middle value) as the average throughout this site. This is more representative than the mean, which can be skewed by extremely high or low values.

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 £762,500.

  • Flat
    £742,500

How house prices have changed in City of London

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

£0£200k£400k£600k£800k£1.0m1995200020052010201520202025

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

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 46% 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
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 £1,641/year (£137/month) for gas and electricity.

Annual
£1,641
per year
Monthly
£137
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, Q2 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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Crime in City of London

There were 5,728 recorded crimes per 10,000 people in City of London, which is above the national average of 813.2. City of London ranks #303 out of 303 areas for lowest crime rate.

Violence & sexual offences
1,028/10k
(1,554 offences)
Burglary
304/10k
(459 offences)
Theft
3,310/10k
(5,001 offences)
Criminal damage
215/10k
(325 offences)
Drug offences
314/10k
(475 offences)
Public order
431/10k
(651 offences)
Other
126/10k
(191 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 December 2025

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Nearby areas

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Frequently asked questions about City of London

Data on this page is sourced from: ONS Price Index of Private Rents (PIPR), Scottish Government Private Sector Rent Statistics, ONS Annual Survey of Hours and Earnings, ONS / HM Land Registry House Price Statistics, MHCLG / Scottish Government / Welsh Government council tax data, Ofgem Energy Price Cap, and Water UK / Discover Water. All official data is published under the Open Government Licence.