London, England

Cost of living in Southwark

Data last updated: 14 May 2026

Page last reviewed: 14 May 2026

£2,388/mo
Average rent
£43,006/yr
Average earnings
£540,000
Average house price
£1,967/yr
Council tax (Band D)
£193/mo
Est. energy & water

Rent in Southwark

The average monthly rent in Southwark is £2,388.

  • 1 Bed
    £1,810 /mo
  • 2 Bed
    £2,266 /mo
  • 3 Bed
    £2,633 /mo
  • 4+ Bed
    £3,486 /mo

Source: ONS Price Index of Private Rents (PIPR)

Earnings in Southwark

The average annual salary for residents of Southwark is £43,006.

Median
£43,006
per year
Mean
£56,656
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 Southwark

The average house price in Southwark was £540,000.

  • Detached
    £1,296,250
  • Semi-detached
    £1,150,000
  • Terraced
    £860,000
  • Flat
    £470,000

How house prices have changed in Southwark

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 Southwark

Summer daytime highs in Southwark typically reach 23.7°C in July, dropping to around 8.6°C in January. Southwark 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 67 days per year, mostly between November and April.

Month Daytime high Rainfall Rain days Sunshine Frost days
Jan 8.6°C 56mm 11 51h 13
Feb 9.2°C 42mm 9 73h 13
Mar 11.8°C 37mm 8 117h 10
Apr 15.1°C 42mm 9 165h 6
May 18.5°C 47mm 8 195h 1
Jun 21.4°C 51mm 8 191h 0
Jul 23.7°C 46mm 8 200h 0
Aug 23.3°C 56mm 9 194h 0
Sep 20.2°C 50mm 8 148h 0
Oct 15.9°C 66mm 11 108h 2
Nov 11.6°C 64mm 11 62h 8
Dec 8.9°C 58mm 11 47h 13
How this is calculated

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

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

Council tax in Southwark

Band D council tax in Southwark is £1,967 per year.

  • Band A
    £1,312
  • Band B
    £1,530
  • Band C
    £1,749
  • Band D
    Benchmark
    £1,967
  • Band E
    £2,404
  • Band F
    £2,842
  • Band G
    £3,279
  • Band H
    £3,935

Source: MHCLG / Scottish Government / Welsh Government

Energy costs in Southwark

A typical household in Southwark 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 Southwark

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 Southwark

There were 1,215 recorded crimes per 10,000 people in Southwark, which is above the national average of 813.2. Southwark ranks #291 out of 303 areas for lowest crime rate.

Violence & sexual offences
322/10k
(10,130 offences)
Burglary
78/10k
(2,446 offences)
Theft
606/10k
(19,087 offences)
Criminal damage
58/10k
(1,820 offences)
Drug offences
66/10k
(2,065 offences)
Public order
64/10k
(2,016 offences)
Other
21/10k
(675 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

Compare Southwark with another area

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Nearby areas

Explore the cost of living in areas close to Southwark.

Lambeth 2.8 km away London Affordability: 74.1% Lewisham 4.7 km away London Affordability: 60.6% City of London 5.7 km away London Affordability: - Tower Hamlets 6.1 km away London Affordability: 67.7% Westminster 7.6 km away London Affordability: 85.3% Greenwich 8.5 km away London Affordability: 63.6% Kensington and Chelsea 8.8 km away London Affordability: 96.1% Wandsworth 8.9 km away London Affordability: 65.2%

Frequently asked questions about Southwark

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.