North vs south equivalence
Discussion
Surely it’s mostly a case of adding equivalent housing costs, and depending on the plan, the cost of a public transport season ticket vs running a car. That’s the two biggies.
Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Royal Jelly said:
Surely it’s mostly a case of adding equivalent housing costs, and depending on the plan, the cost of a public transport season ticket vs running a car. That’s the two biggies.
Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Leave private school out of it Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Say a car instead of public transport
Racehorse said:
Royal Jelly said:
Surely it’s mostly a case of adding equivalent housing costs, and depending on the plan, the cost of a public transport season ticket vs running a car. That’s the two biggies.
Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Leave private school out of it Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Say a car instead of public transport
Cars cost the same.
Ask for specifics otherwise nobody has a clue what you’re after.
Racehorse said:
Royal Jelly said:
Surely it’s mostly a case of adding equivalent housing costs, and depending on the plan, the cost of a public transport season ticket vs running a car. That’s the two biggies.
Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Leave private school out of it Private schools are more, too.
Few quid a week for more expensive beer prices. Groceries the same.
Not rocket science really.
Say a car instead of public transport
Housing cost is probably the only major difference.
Of course its carp down south
Have a play with this: https://www.centreforcities.org/data/cost-of-livin...
sawman said:
News story a few months ago said buses more expensive in newcastle than london,
Housing cost is probably the only major difference.
Of course its carp down south
Spent a few days in London last weekend with the family, one thing London does very well is Public transport. Its probably on par cost wise with Leeds where I live but London is much more efficient. I just don't bother with it in Leeds. Housing cost is probably the only major difference.
Of course its carp down south
Meals out are more expensive in London, probably only £5 per head on average where we were eating eg Pizza Express type places.
I noticed petrol prices were broadly similar.
There is more than one "north" and more than one "south".
One way to look at it would be expenditure for living a roughly equivalent quality of life. I live in the north-east of england and spend 1/4 of my time within the M25. I reckon food is about 30% more expensive but housing 3 times as expensive for rough equivalents. So this is going to depend hugely on whether you own outright, have a mortgage, or are renting. Basically the piss take housing market strikes again. OTOH you don't need a car or any of the associated expenses in London.
The other way to look at it would be to look at salary percentiles. Less than 1% of men here will have a six figure income (is my guess); indeed 10th percentile is a bit over 55k. in London it's more than 10% who do. And more than 40% who are are on the 55k.
If we start matching equivalent salaries based on percentiles, 35k in London is approximately 25k up here (30th percenrtile), and 65k in London is approximately 42k up here (75th percentile).
In both of those cases I'd much rather be up north.
This is from varbes.com, I dunno if they're legit but they sound about right.
One way to look at it would be expenditure for living a roughly equivalent quality of life. I live in the north-east of england and spend 1/4 of my time within the M25. I reckon food is about 30% more expensive but housing 3 times as expensive for rough equivalents. So this is going to depend hugely on whether you own outright, have a mortgage, or are renting. Basically the piss take housing market strikes again. OTOH you don't need a car or any of the associated expenses in London.
The other way to look at it would be to look at salary percentiles. Less than 1% of men here will have a six figure income (is my guess); indeed 10th percentile is a bit over 55k. in London it's more than 10% who do. And more than 40% who are are on the 55k.
If we start matching equivalent salaries based on percentiles, 35k in London is approximately 25k up here (30th percenrtile), and 65k in London is approximately 42k up here (75th percentile).
In both of those cases I'd much rather be up north.
This is from varbes.com, I dunno if they're legit but they sound about right.
PlywoodPascal said:
You cannot put a financial value on their respective philosophies.
This is very true as well of course. I have to adjust twice a month to the place I'm in between greeting people on the street and talking to strangers as I amble around to angrily sighing at japanese tourists not standing right on tube escalators (but avoiding eye contact). Get this wrong and up here you cause offence and down there you are treated as a lunatic or inherently suspicious. They are very different places and it's rather confusing.
Somewhatfoolish said:
There is more than one "north" and more than one "south".
One way to look at it would be expenditure for living a roughly equivalent quality of life. I live in the north-east of england and spend 1/4 of my time within the M25. I reckon food is about 30% more expensive but housing 3 times as expensive for rough equivalents. So this is going to depend hugely on whether you own outright, have a mortgage, or are renting. Basically the piss take housing market strikes again. OTOH you don't need a car or any of the associated expenses in London.
The other way to look at it would be to look at salary percentiles. Less than 1% of men here will have a six figure income (is my guess); indeed 10th percentile is a bit over 55k. in London it's more than 10% who do. And more than 40% who are are on the 55k.
If we start matching equivalent salaries based on percentiles, 35k in London is approximately 25k up here (30th percenrtile), and 65k in London is approximately 42k up here (75th percentile).
In both of those cases I'd much rather be up north.
This is from varbes.com, I dunno if they're legit but they sound about right.
Nice analysis so you think roughly 20k more onto wage on north.One way to look at it would be expenditure for living a roughly equivalent quality of life. I live in the north-east of england and spend 1/4 of my time within the M25. I reckon food is about 30% more expensive but housing 3 times as expensive for rough equivalents. So this is going to depend hugely on whether you own outright, have a mortgage, or are renting. Basically the piss take housing market strikes again. OTOH you don't need a car or any of the associated expenses in London.
The other way to look at it would be to look at salary percentiles. Less than 1% of men here will have a six figure income (is my guess); indeed 10th percentile is a bit over 55k. in London it's more than 10% who do. And more than 40% who are are on the 55k.
If we start matching equivalent salaries based on percentiles, 35k in London is approximately 25k up here (30th percenrtile), and 65k in London is approximately 42k up here (75th percentile).
In both of those cases I'd much rather be up north.
This is from varbes.com, I dunno if they're legit but they sound about right.
So 80k in north of England is around 100k in London?
Jamescrs said:
sawman said:
News story a few months ago said buses more expensive in newcastle than london,
Housing cost is probably the only major difference.
Of course its carp down south
Spent a few days in London last weekend with the family, one thing London does very well is Public transport. Its probably on par cost wise with Leeds where I live but London is much more efficient. I just don't bother with it in Leeds. Housing cost is probably the only major difference.
Of course its carp down south
Meals out are more expensive in London, probably only £5 per head on average where we were eating eg Pizza Express type places.
I noticed petrol prices were broadly similar.
Royal Jelly said:
Racehorse said:
Nice analysis so you think roughly 20k more onto wage on north.
So 80k in north of England is around 100k in London?
Jesus. So 80k in north of England is around 100k in London?
No. If you want a nicely located 5 bedroom townhouse close to the middle of town you might have to add 250k to your 80k salary.
Hth.
Jamescrs said:
Spent a few days in London last weekend with the family, one thing London does very well is Public transport. Its probably on par cost wise with Leeds where I live but London is much more efficient. I just don't bother with it in Leeds.
Meals out are more expensive in London, probably only £5 per head on average where we were eating eg Pizza Express type places.
I noticed petrol prices were broadly similar.
Eating out is more expensive in London if you're a visitor down from Leeds. But when you live in London, and you learn where and when to eat and make an effort to seek out the deals, it's actually cheaper. The competition for customers is mental, and that means some ridiculous offers are available. Meals out are more expensive in London, probably only £5 per head on average where we were eating eg Pizza Express type places.
I noticed petrol prices were broadly similar.
Property ownership / rental aside, London is not an expensive city for Londoners. Car insurance can be expensive, but the need for a car is reduced.
You need to probably be more specific about the sort of property you are talking about.
All the other costs are small enough that they probably don’t matter. But if you’re saying you want a 4 bed detached house in a good area with a good garden then that property is going to be 3-5x more in London.
The thing that you’ll not ever appreciate because it doesn’t really happen anywhere else in the U.K. is that there is no relatable salary number that will get you into the best bits of London in the best houses. It just isn’t possible without having tens of millions. There are 70 houses for sale right now over £20m and 250 above £10m, and in many cases they’re not going to be night and day more impressive than what you could buy on a decent salary in the north east most likely.
All the other costs are small enough that they probably don’t matter. But if you’re saying you want a 4 bed detached house in a good area with a good garden then that property is going to be 3-5x more in London.
The thing that you’ll not ever appreciate because it doesn’t really happen anywhere else in the U.K. is that there is no relatable salary number that will get you into the best bits of London in the best houses. It just isn’t possible without having tens of millions. There are 70 houses for sale right now over £20m and 250 above £10m, and in many cases they’re not going to be night and day more impressive than what you could buy on a decent salary in the north east most likely.
TwigtheWonderkid said:
Eating out is more expensive in London if you're a visitor down from Leeds. But when you live in London, and you learn where and when to eat and make an effort to seek out the deals, it's actually cheap-
This is semi true. You can get cheap effnik meat in Burnt Oak for a quick example.TwigtheWonderkid said:
-er.
This just isn't. You're probably comparing cheap London food with tourist Leeds food. And to someone like me Leeds is (3/4 of the time) southern and well on the way to being London-ish anyway...If I want to get totally cheap crap, I can get a munchie box for under a tenner up here which can easily feed a family of four. They haven't even heard of them down south.
I have alternatives the full way up the price spectrum. Find me an equivalent to Coarse at a similar price point in London. St Johns maybe?
TwigtheWonderkid said:
Property ownership / rental aside, London is not an expensive city for Londoners. Car insurance can be expensive, but the need for a car is reduced.
This is why the situation of the asker is so important. I agree that it's fine if you own your house outright (and have the cash spare to install air conditioning). Doesn't apply to most. Gassing Station | Finance | Top of Page | What's New | My Stuff