Is New Town or Old Town cheaper in Edinburgh?

Old Town is approximately 6% cheaper than New Town in Edinburgh, based on rent and local cost-of-living multipliers.

What is the rent difference between New Town and Old Town in Edinburgh?

Estimated 1-bedroom rent in New Town is £1,224/month, compared to £1,155/month in Old Town.

What are the cost-of-living multipliers for New Town and Old Town?

New Town has a cost multiplier of 1.25x and Old Town has 1.18x relative to the Edinburgh average. Higher multipliers mean higher living costs in that neighborhood.

What salary do I need in New Town vs Old Town?

A $75,000 USD salary is equivalent to approximately £43,825 in New Town and £41,397 in Old Town, after adjusting for neighborhood-level cost of living in Edinburgh.

How do I compare the cost of living between New Town and Old Town?

Use the salary converter at salary-converter.com to compare New Town and Old Town in Edinburgh. The tool accounts for rent, groceries, transport, utilities, healthcare, and tax differences at the neighborhood level.

New Town vs Old Town

Neighborhood comparison in Edinburgh, United Kingdom

New Town

77.6

COLI Index

More Expensive

Old Town

73.3

COLI Index

More Affordable

Side-by-Side Comparison

1.25x

New Town Multiplier

1.18x

Old Town Multiplier

£1,224

Est. 1BR Rent

£1,155

Est. 1BR Rent

£43,825

$75K Equivalent

£41,397

$75K Equivalent

Cost Comparison

New Town

1.25x

Old Town

1.18x

New Town is 6% more expensive than Old Town within Edinburgh. Living in Old Town instead of New Town could save you significantly on rent and daily expenses.

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Data Sources: Cost of living data from Numbeo · Expatistan. Rent from Numbeo Property Prices. Tax rates from OECD Taxing Wages · UK Office for National Statistics · HM Revenue & Customs. Salary data from BLS · Glassdoor. Exchange rates from the ECB. Updated 2026-02-28. All figures are estimates.