What is the cost of living in London?

The cost of living in London is 54.0% cheaper than New York City (index: 46.0). Groceries are 33.1% cheaper than NYC. Restaurants are 30.7% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately CAD 1,189 per month. Local purchasing power index is 121.2 (NYC = 100).

How much tax do you pay in Canada?

In Canada, a gross salary of CAD 79,643 per year results in approximately CAD 5,005 per month take-home pay after income tax and social contributions (effective rate: 24.6%). Use our Canada tax calculator for a personalised breakdown.

🇨🇦 Canada · #200 of 577 cities · 2026

Should I Move to London?

Q: Should I move to London?

London, Canada has a cost of living 54.0% cheaper than New York City (index: 46.0). It is ranked #200 out of 577 cities globally. Local purchasing power is very strong (index: 121.2 vs NYC = 100). Workers in Canada earning CAD 79,643 gross take home approximately CAD 5,005/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

54.0% cheaper than NYC, and purchasing power is very strong.

Run the calculator below with your actual salary to get a personalised answer.

-54.0%

vs NYC

CAD 1,189

1-BR, city centre (estimated)

CAD 5,005

Net take-home

Very strong

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from March – October 2026

Personalised Answer

Compare your salary: move to London?

Example: CAD 79,643 gross/year in Canada → CAD 5,005/month net after tax (24.6% effective rate). Full Canada tax breakdown →

Cost breakdown: London

Cost indices vs NYC = 100

Cost of Living

46.0 Mid-priced

Rent

28.1 Very affordable

Groceries

66.9 Moderate

Restaurants

69.3 Moderate

Purchasing Power

121.2 Very strong

Estimated rent in London

1-BR, city centre CAD 1,189/mo

1-BR, outside centre CAD 1,020/mo

3-BR, city centre CAD 2,070/mo

3-BR, outside centre CAD 1,745/mo

Save by going outside centre 14% cheaper

Estimated from rent index. Actual prices vary. · 2026

Canada take-home pay

CAD 79,643 → CAD 5,005/Net take-home (24.6% effective rate, single filer)

Full Canada tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇨🇦 Brampton

Canada

CoL index 46.0

Compare Brampton vs London →

🇨🇦 Hamilton

Canada

CoL index 46.6

Compare Hamilton vs London →

🇨🇦 Edmonton

Canada

CoL index 44.7

Compare Edmonton vs London →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in London after tax, in seconds.

Compare salaries → Full cost of living data

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