Community Events
#8
of 124 cities
23 events on luma
Current value
#64 of 124
Europe
London
United Kingdom
Salary & Cost of Living
How do salaries and expenses in London compare to San Francisco?
Purchasing Power Comparison
An engineer in London is 44% worse off vs in San Francisco
This shows how far a software engineer's salary goes in London compared to San Francisco, taking into account both salary differences and cost of living.
Net Salary
$86,251
-$86K (-50%) vs San Francisco
Tax Rate: 32%
Community Insights
NewLondon offers a world-class lifestyle at a high financial cost. For software engineers, it acts as a premier career accelerator in Europe, offering access to top-tier companies and a vibrant startup scene specifically in Fintech. However, the financial trade-off is stark: you will likely earn significantly less and save less than your peers in the US or Switzerland. The city is perfect for those who prioritize experiences, culture, and travel over maximizing a bank balance. The housing market is a major friction point, often requiring compromises on space and quality.
Resident Sentiment
The sentiment is a mix of love for the city and frustration with the economy. Transplants often rave about the social life and "energy" of London but frequently complain about the "rental rat race" and the feeling of being "poor" despite a high-status job. Many treat it as a 5-10 year chapter to build a career and travel before moving to a lower-cost area or back home to settle down.
The Good
Rankings
Top 6%
Net Income
#29
of 124 cities
$86,251/yr
Current value
Comfortable Weather
#44
of 124 cities
50/100 weather score
Current value
Housing Affordability
How affordable is housing for a software engineer in London compared to San Francisco?
Avg. Property Price
$14,363 / m²
43% more expensive than San Francisco
Salary Converter
Enter your annual gross salary (before taxes) to see what you would need to earn in London to maintain the same standard of living.
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