Is Walthamstow Expensive?

London, United Kingdom

-20% vs London avg

Living in Walthamstow, London

Walthamstow is one of the most affordable neighborhoods in London, with a cost of living index of 70.0 — that is -20% compared to the London average. Ranked #31 of 35, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around £1,506/month, compared to a range of £1,280 in Barking to £2,730 in Mayfair.

Monthly Budget Breakdown

For a typical resident of Walthamstow, housing takes up roughly 36% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately £60,241 before tax.

Typical Salaries in Walthamstow

Salaries in Walthamstow reflect the local cost of living. Based on the neighborhood COLI of 70.0:

After tax and deductions of 26.8% in United Kingdom, take-home pay for someone earning £60,241 would be roughly £44,096/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

70.0
COLI Index
0.80x
vs City Avg
£1,506
Est. 1BR Rent
#31
of 35 Areas
26.8%
Total Deductions

Tax & Deductions in Walthamstow

Estimated annual deductions on a £39,533 salary in Walthamstow, London (local employee).

Income Tax
14%
National Insurance (NI)
8.0%
Council Tax (Waltham Forest)
5.2%
Total Deductions: 26.8%
Est. Take-Home: £28,928/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Walthamstow would need to be elsewhere:

City Currency Equivalent
New York USD $52,500
Dubai AED AED 262,699

Other Neighborhoods in London

Neighborhood COLI Multiplier vs Avg
Mayfair 126.9 1.45x +45%
Chelsea 120.7 1.38x +38%
Kensington 118.1 1.35x +35%
Marylebone 115.5 1.32x +32%
Hampstead 113.8 1.30x +30%

View all 35 neighborhoods in London →

Convert Your Salary

See exactly what you need to earn in Walthamstow, London to maintain your lifestyle.

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London City Comparisons

London vs New York London vs Dubai London vs Singapore London vs Paris

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Walthamstow:

University District, Seattle Allston/Brighton, Boston Medford, Boston Jurong East, Singapore Pasadena, Los Angeles Brookland, Washington DC

Frequently Asked Questions

Is Walthamstow expensive in London?

Walthamstow is one of the more affordable neighborhoods in London. It costs about -20% less than the city average, ranking #31 out of 35 neighborhoods.

How does Walthamstow compare to the London average?

The cost of living in Walthamstow is below the London average. With a multiplier of 0.80x, everyday expenses including rent, food, and transportation are -20% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include UK Office for National Statistics · HM Revenue & Customs · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.