All 35 neighborhoods in London ranked by cost of living index. Updated 2026.
| # | Neighborhood | 1BR Rent | Index | vs Avg |
|---|---|---|---|---|
| 1 | Mayfair | $3,625/mo | 1.45x | +45% |
| 2 | Chelsea | $3,450/mo | 1.38x | +38% |
| 3 | Kensington | $3,375/mo | 1.35x | +35% |
| 4 | Marylebone | $3,300/mo | 1.32x | +32% |
| 5 | Hampstead | $3,250/mo | 1.30x | +30% |
| 6 | Notting Hill | $3,200/mo | 1.28x | +28% |
| 7 | Soho | $3,050/mo | 1.22x | +22% |
| 8 | Richmond | $2,950/mo | 1.18x | +18% |
| 9 | Canary Wharf | $2,875/mo | 1.15x | +15% |
| 10 | Islington | $2,800/mo | 1.12x | +12% |
| 11 | Angel (Islington) | $2,800/mo | 1.12x | +12% |
| 12 | Shoreditch | $2,750/mo | 1.10x | +10% |
| 13 | Fulham | $2,750/mo | 1.10x | +10% |
| 14 | Chiswick | $2,750/mo | 1.10x | +10% |
| 15 | Camden | $2,625/mo | 1.05x | +5% |
| 16 | Battersea | $2,625/mo | 1.05x | +5% |
| 17 | Putney | $2,625/mo | 1.05x | +5% |
| 18 | Vauxhall | $2,625/mo | 1.05x | +5% |
| 19 | Wimbledon | $2,550/mo | 1.02x | +2% |
| 20 | Bermondsey | $2,500/mo | 1.00x | Avg |
| 21 | Balham | $2,450/mo | 0.98x | -2% |
| 22 | Clapham | $2,375/mo | 0.95x | -5% |
| 23 | Dalston | $2,375/mo | 0.95x | -5% |
| 24 | Kentish Town | $2,375/mo | 0.95x | -5% |
| 25 | Hackney | $2,300/mo | 0.92x | -8% |
| 26 | Greenwich | $2,250/mo | 0.90x | -10% |
| 27 | Brixton | $2,200/mo | 0.88x | -12% |
| 28 | Ealing | $2,125/mo | 0.85x | -15% |
| 29 | Peckham | $2,050/mo | 0.82x | -18% |
| 30 | Tooting | $2,050/mo | 0.82x | -18% |
| 31 | Walthamstow | $2,000/mo | 0.80x | -20% |
| 32 | Stratford | $1,950/mo | 0.78x | -22% |
| 33 | Lewisham | $1,950/mo | 0.78x | -22% |
| 34 | Croydon | $1,800/mo | 0.72x | -28% |
| 35 | Barking | $1,700/mo | 0.68x | -32% |
Rent estimates based on city average of $2,500/mo adjusted by neighborhood cost index. Index 1.00 = city average.
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Open a Wise Account →The most expensive neighborhood in London is Mayfair, with an estimated 1-bedroom rent of $3,625/month — 45% above the city average.
Mayfair is approximately 45% more expensive than the London average. 1-bedroom rent is $3,625/mo vs $2,500/mo city-wide.
Our database covers 35 neighborhoods in London, each with detailed cost-of-living and salary data.