Last update: Oct 2026

Cost of Living Comparison Between London and Fareham

For one person, living is cheaper in Fareham: $2,498 a month against $3,986 in London, rent and utilities included – about $17,900 less a year. Rent and utilities account for most of the difference.

194

Cost of Living Index in London
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London Living Index
122

Cost of Living Index in Fareham
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Fareham Living Index

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London

🇬🇧 United Kingdom

$3,986

/mo nomad

Fareham

🇬🇧 United Kingdom

$2,498

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Monthly Cost of Living

How much you'll spend in London and in Fareham

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in London and in Fareham actually costs, broken down by who's living it.

A single person spends $3,986 per month in London vs $2,498 in Fareham, rent included.

London $3,986
Fareham $2,498

A couple spends around $5,791 per month in London vs $3,665 in Fareham, rent included.

London $5,791
Fareham $3,665

A family of three spends $7,595 per month in London vs $4,833 in Fareham, rent included.

London $7,595
Fareham $4,833

London costs about 60% more than Fareham, and outside of rent the biggest gap is in transport.

Both London and Fareham sit above the global median – London by 195%, Fareham by 85%.

Meal at Budget Restaurant

$25.93 £19.45

$26.91 £20.19

-3.64%

Three-Course Dinner for Two, Mid-Range

$107 £79.9

$88.5 £66.4

20.39%

Fast Food Meal (McDonalds, etc)

$10.71 £8.03

$10.83 £8.12

-1.11%

Cappuccino

$5.47 £4.11

$5.15 £3.87

6.21%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.97 £2.23

$3.02 £2.26

-1.66%

Water (0.33 liter bottle)

$2.20 £1.65

$2.24 £1.68

-1.79%

Local Beer (0.5 liter draught)

$9.13 £6.85

$7.50 £5.63

21.73%

Imported Beer (0.33 liter bottle)

$7.94 £5.96

$6.74 £5.06

17.80%

Milk (1 liter)

$1.86 £1.40

$1.88 £1.41

-1.06%

White Bread (500g)

$2.07 £1.55

$1.67 £1.25

23.95%

Rice (white) (1kg)

$2.42 £1.81

$2.17 £1.63

11.52%

Eggs

$5.09 £3.82

$4.37 £3.28

16.48%

Local Cheese (1kg)

$12.87 £9.66

$9.82 £7.37

31.06%

Chicken Fillets (1kg)

$10.43 £7.82

$9.03 £6.77

15.50%

Beef Round Steak (1kg)

$16.87 £12.66

$14.22 £10.67

18.64%

Apples (1kg)

$3.11 £2.33

$2.91 £2.18

6.87%

Banana (1kg)

$1.40 £1.05

$1.68 £1.26

-16.67%

Oranges (1kg)

$3.08 £2.31

$2.77 £2.08

11.19%

Tomato (1kg)

$3.27 £2.45

$3.35 £2.51

-2.39%

Potato (1kg)

$1.58 £1.19

$1.81 £1.36

-12.71%

Onion (1kg)

$1.74 £1.31

$1.55 £1.16

12.26%

Lettuce (1 head)

$1.40 £1.05

$1.15 £0.86

21.74%

Water (1.5 liter bottle)

$1.80 £1.35

$1.65 £1.24

9.09%

Cigarettes 20 Pack (Marlboro, Camel)

$23.28 £17.46

$22.52 £16.90

3.37%

Wine (Bottle)

$13.03 £9.77

$10.98 £8.24

18.67%

Local Beer (0.5 liter bottle)

$3.17 £2.38

$2.99 £2.24

6.02%

Imported Beer (0.33 liter bottle)

$4.42 £3.32

$3.12 £2.34

41.67%

One-way Ticket (Public Transport)

$4.07 £3.05

$3.53 £2.65

15.30%

Public Transport Monthly Pass (Regular Price)

$247 £185

$97.4 £73.1

153.43%

Taxi Start (Normal Tariff)

$5.58 £4.18

$4.21 £3.16

32.54%

Taxi (Normal Tariff) (1km)

$3.36 £2.52

$2.04 £1.53

64.71%

Taxi 1hour Waiting (Normal Tariff)

$56.8 £42.58

$31.62 £23.72

79.48%

Gasoline (1 liter)

$2.13 £1.60

$2.12 £1.59

0.47%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$38.2K £28.6K

$38.3K £28.7K

-0.29%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$40.9K £30.7K

$40.6K £30.5K

0.76%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$372 £279

$283 £212

31.57%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.82 £13.37

$16.45 £12.34

8.33%

Internet (50+ Mbps, Unlimited Data)

$40.37 £30.29

$47.17 £35.39

-14.42%

Gym Membership (Monthly)

$60.0 £44.99

$45.11 £33.84

32.94%

Tennis Court (1 Hour on Weekend)

$21.29 £15.97

$33.42 £25.07

-36.30%

Cinema Ticket

$17.74 £13.31

$15.80 £11.86

12.28%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,864 £2,149

$1,564 £1,173

83.12%

International Primary School, 1 Child (Yearly)

$35.3K £26.5K

$17.6K £13.2K

101.04%

Jeans (Levis 501 Or Similar)

$114 £85.5

$102 £76.4

11.97%

Summer Dress (H&M, Zara, etc)

$54.3 £40.71

$45.28 £33.97

19.85%

Sport Shoes (Adidas, Nike)

$124 £93.2

$100 £75.3

23.78%

Men's Leather Business Shoes

$163 £122

$90.3 £67.8

80.52%

1-bedroom Apartment, City Center (Monthly)

$2,869 £2,152

$1,238 £929

131.66%

1-bedroom Apartment, Outside City Center (Monthly)

$2,233 £1,675

$1,107 £831

101.66%

3-bedroom Apartment, City Center (Monthly)

$5,266 £3,951

$1,934 £1,451

172.22%

3-bedroom Apartment, Outside City Center (Monthly)

$3,778 £2,835

$1,757 £1,318

115.04%

Buy Apartment in City Center (m2)

$18.3K £13.8K

$5,058 £3,795

262.44%

Buy Apartment Outside City Center (m2)

$8,024 £6,020

$3,864 £2,899

107.67%

Average Monthly Net Salary (After Tax)

$5,037 £3,779

$3,121 £2,342

61.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.74

4.96

-4.44%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for London: October 10, 2026

Last update for Fareham: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

London

$2.2K 56%

Fareham

$1.1K 44.3% 50.4% $1.1K

Monthly Utilities & Internet

London

$430 10.8%

Fareham

$346 13.9% 19.5% $84

Eating Out

London

$388 9.7%

Fareham

$382 15.3% 1.5% $5.9

Groceries & Markets

London

$349 8.8%

Fareham

$307 12.3% 12% $42

Getting Around

London

$285 7.2%

Fareham

$126 5% 55.9% $160

Clothing & Footwear

London

$205 5.1%

Fareham

$152 6.1% 25.9% $53

Sport & Entertainment

London

$95 2.4%

Fareham

$77 3.1% 19.6% $19

Cost Breakdown

A central one-bedroom costs $2,869 in London versus $1,238 in Fareham. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 61% higher in London, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $107 in London versus $88.0 in Fareham. Monthly groceries follow the same trend: $349 vs $307 – making Fareham the more affordable choice for daily food spending.

Good to know

🇬🇧 London

🇬🇧 Fareham

🕒 Local time

17:46 5:46 PM

Same time as London

🌤 Weather

👥 Population

8,908,083 Capital

111,266

💱 Currency

British Pound GBP £

📈 Exchange rate

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

Exchange rates and currency converter

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

London vs Fareham: Cost of Living - Frequently Asked Questions

London costs about 60% more than Fareham, and outside of rent the gap comes mainly from transport. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $5,979 per month in London and $3,746 in Fareham. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Fareham, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $107 in London and $88.0 in Fareham. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $3,986 in London and $2,498 in Fareham. That's a gap of about 60%.

A $2,000 monthly budget goes further in Fareham, where all-in costs run around $2,498, than in London at $3,986. In Fareham it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Fareham costs $2,498 versus $3,986 in London. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Fareham. If higher salaries, better infrastructure, or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.