Community Events
#3
of 124 cities
41 events on luma
Current value
United Kingdom
How do salaries and expenses in London compare to Lisbon?
This shows how far a software engineer's salary goes in London compared to Lisbon, taking into account both salary differences and cost of living.
Community Insights
NewLondon is a high-upside but high-friction move for software engineers. The Reddit sentiment is strikingly conflicted: people complain intensely about rent, cramped housing, pollution, crowding, and the cost of living, yet many still describe London as the greatest city in the world, a place they miss deeply after leaving, or a city they keep returning to despite knowing the financial trade-offs.
For software careers, the signal is strong. Commenters consistently say London is one of the best places in Europe for developers, with especially good opportunities in finance, fintech, contracting, and big tech. It is viewed as far ahead of most UK cities for career growth, though not comparable to the top US tech hubs for pay. Given its relatively high net income ranking but weak purchasing power and very poor cost-of-living position, the salary only feels truly comfortable if you are senior, specialized, or in a high-paying sector.
The biggest practical warning is housing. Real residents repeatedly frame London as a city where even decent earners can struggle to rent well, buy property, or maintain stability. Several people moved away for space or affordability; some regretted leaving because life and work became less interesting, while others found their quality of life improved elsewhere. The most painful compromise is often not just cost, but trading money and space for access to London’s opportunities and energy.
As a foreign software engineer, London is best seen as a career accelerator and life-experience city, not an easy comfort move. If you have a strong offer, sponsorship, and enough income to live near the things you value, it can be exceptional. If your visa depends on one employer, you want to buy soon, or you are sensitive to grey weather, noise, pollution, and housing stress, the downsides are serious.
Rankings
Community Events
#3
of 124 cities
41 events on luma
Current value
Net Income
#27
of 124 cities
$91,208/yr
Current value
Comfortable Weather
#44
of 124 cities
50/100 weather score
Current value
How affordable is housing for a software engineer in London compared to Lisbon?
Enter your annual gross salary (before taxes) to see what you would need to earn in London to maintain the same standard of living.
Relocation is manageable but not effortless. For software engineers, the Skilled Worker route is realistic if you have a sponsoring employer, and senior candidates with in-demand skills are in a better position than graduates or lower-paid applicants.
The main complication is dependency on your sponsor: if the job disappears, your immigration status can become time-sensitive, and Redditors specifically warned about sponsored consultants being exposed when clients cut budgets. The broader political mood around immigration also makes some foreign workers feel unwelcome despite paying taxes and contributing economically.
English makes daily life and work integration much easier than in many European tech hubs, and London has a huge international population, strong expat networks, and generally global workplaces. The harder parts are not language but housing, bureaucracy, cost, and long-term settlement anxiety.
Best for experienced software engineers who want a dense European tech market, finance/fintech or big-tech opportunities, cultural intensity, and can command an above-average package. Avoid it if you need housing space, stability, sunshine, low bureaucracy, or a clear low-risk path to settlement.
Updated 6/24/2026
0–10 composite (higher is better) combining temperature comfort, sunshine hours, rainy-day count, and humid days. See methodology for weighting and data sources.
London has 41 Luma events listed.
141% more events than Lisbon.
Purchasing Power
#60
of 124 cities
Tax Rate
#66
of 124 cities
32%
Current value (lower is better)
Pollution Score
#81
of 124 cities
57.6/100
Current value (lower is better)
Home Affordability
#92
of 124 cities
≈12.9 yrs to buy 80m²
Current value
Safety Index
#95
of 124 cities
44.7/100
Current value
Cost of Living
#115
of 124 cities
79/100
Current value (lower is better)