Is London more expensive than New York?

London is 18.4% cheaper than New York overall. Rent is 34.6% lower, groceries 28.7% cheaper, and restaurants 6.9% cheaper.

Which city has better purchasing power, New York or London?

New York has a purchasing power index of 100.0 while London has 118.2 (NYC = 100). London offers better purchasing power.

New York vs London: London is 18.4% cheaper, rent 35% lower (2026)

Category	🇺🇸 New York	🇬🇧 London	Difference
Cost of Living	100.0	81.6	-18.4%
Rent	100.0	65.4	-34.6%
Groceries	100.0	71.3	-28.7%
Restaurants	100.0	93.1	-6.9%
Purchasing Power	100.0	118.2	+18.2%

Data from March – October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇺🇸 Cost of Living in New York

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🇬🇧 Cost of Living in London

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