Last update: Nov 2026

Cost of Living Comparison Between London and Mykolaiv

For one person, living is cheaper in Mykolaiv: $722 a month against $4,048 in London, rent and utilities included – about $39,900 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
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London Living Index
34

Cost of Living Index in Mykolaiv
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Mykolaiv Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Mykolaiv

🇺🇦 Ukraine

$722

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Mykolaiv

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 Mykolaiv actually costs, broken down by who's living it.

A single person spends $4,048 per month in London vs $722 in Mykolaiv, rent included.

London $4,048
Mykolaiv $722

A couple spends around $5,903 per month in London vs $1,098 in Mykolaiv, rent included.

London $5,903
Mykolaiv $1,098

A family of three spends $7,758 per month in London vs $1,474 in Mykolaiv, rent included.

London $7,758
Mykolaiv $1,474

London costs about 461% more than Mykolaiv, and outside of rent the biggest gap is in transport.

London sits 199% above the global median, while Mykolaiv is 47% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.36 £19.68

$8.87 ₴404

197.18%

Three-Course Dinner for Two, Mid-Range

$109 £81.1

$21.29 ₴969

409.96%

Fast Food Meal (McDonalds, etc)

$10.71 £8.00

$5.58 ₴254

91.94%

Cappuccino

$5.59 £4.17

$1.14 ₴51.8

390.35%

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

$3.00 £2.24

$0.52 ₴23.64

476.92%

Water (0.33 liter bottle)

$2.22 £1.66

$0.39 ₴17.76

469.23%

Local Beer (0.5 liter draught)

$9.65 £7.20

$0.73 ₴33.42

1221.92%

Imported Beer (0.33 liter bottle)

$8.26 £6.16

$1.48 ₴67.6

458.11%

Milk (1 liter)

$1.97 £1.47

$1.15 ₴52.3

71.30%

White Bread (500g)

$2.09 £1.56

$0.76 ₴34.53

175.00%

Rice (white) (1kg)

$2.59 £1.94

$1.48 ₴67.3

75.00%

Eggs

$5.37 £4.01

$1.79 ₴81.7

200.00%

Local Cheese (1kg)

$13.12 £9.79

$9.33 ₴425

40.62%

Chicken Fillets (1kg)

$11.03 £8.23

$4.51 ₴205

144.57%

Beef Round Steak (1kg)

$17.73 £13.23

$7.50 ₴341

136.40%

Apples (1kg)

$3.17 £2.37

$1.06 ₴48.29

199.06%

Banana (1kg)

$1.38 £1.03

$1.47 ₴67.1

-6.12%

Oranges (1kg)

$2.82 £2.11

$1.38 ₴62.7

104.35%

Tomato (1kg)

$3.36 £2.51

$2.06 ₴93.9

63.11%

Potato (1kg)

$1.70 £1.27

$0.82 ₴37.17

107.32%

Onion (1kg)

$1.78 £1.33

$0.45 ₴20.36

295.56%

Lettuce (1 head)

$1.49 £1.11

$0.96 ₴43.78

55.21%

Water (1.5 liter bottle)

$1.82 £1.36

$0.44 ₴20.03

313.64%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.80

$2.56 ₴117

831.64%

Wine (Bottle)

$13.44 £10.03

$3.69 ₴168

264.23%

Local Beer (0.5 liter bottle)

$3.11 £2.32

$0.56 ₴25.54

455.36%

Imported Beer (0.33 liter bottle)

$4.49 £3.35

$1.18 ₴53.9

280.51%

One-way Ticket (Public Transport)

$4.13 £3.08

$0.31 ₴14.32

1232.26%

Public Transport Monthly Pass (Regular Price)

$266 £199

$10.80 ₴492

2362.78%

Taxi Start (Normal Tariff)

$5.98 £4.46

$1.50 ₴68.1

298.67%

Taxi (Normal Tariff) (1km)

$3.39 £2.53

$0.34 ₴15.57

897.06%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.21

$4.43 ₴202

1176.52%

Gasoline (1 liter)

$2.21 £1.65

$1.65 ₴75.0

33.94%

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

$38.3K £28.6K

$31.2K ₴1.4M

22.47%

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

$41.0K £30.6K

$24.5K ₴1.1M

67.17%

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

$372 £278

$165 ₴7,520

125.50%

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

$18.66 £13.93

$5.93 ₴270

214.67%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.26

$7.13 ₴325

468.44%

Gym Membership (Monthly)

$56.0 £41.82

$22.21 ₴1,012

152.23%

Tennis Court (1 Hour on Weekend)

$17.10 £12.76

$7.88 ₴359

117.01%

Cinema Ticket

$17.95 £13.40

$3.32 ₴151

440.66%

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

$2,946 £2,199

$240 ₴10.9K

1125.67%

International Primary School, 1 Child (Yearly)

$47.6K £35.5K

$3,627 ₴165.2K

1212.96%

Jeans (Levis 501 Or Similar)

$116 £86.8

$40.51 ₴1,845

186.94%

Summer Dress (H&M, Zara, etc)

$56.9 £42.47

$24.38 ₴1,110

133.39%

Sport Shoes (Adidas, Nike)

$128 £95.5

$59.4 ₴2,707

115.21%

Men's Leather Business Shoes

$154 £115

$98.8 ₴4,500

55.73%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,191

$194 ₴8,853

1410.01%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,686

$127 ₴5,783

1678.30%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,919

$348 ₴15.8K

1410.54%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,881

$254 ₴11.6K

1418.27%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$751 ₴34.2K

2187.25%

Buy Apartment Outside City Center (m2)

$8,278 £6,179

$524 ₴23.8K

1481.12%

Average Monthly Net Salary (After Tax)

$5,621 £4,196

$413 ₴18.8K

1260.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

-70.13%

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

Last update for London: November 1, 2026

Last update for Mykolaiv: November 3, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Mykolaiv

$127 17.6% 94.4% $2.1K

Monthly Utilities & Internet

London

$432 10.7%

Mykolaiv

$178 24.7% 58.7% $253

Eating Out

London

$396 9.8%

Mykolaiv

$112 15.5% 71.8% $284

Groceries & Markets

London

$360 8.9%

Mykolaiv

$160 22.2% 55.5% $200

Getting Around

London

$305 7.6%

Mykolaiv

$15 2.1% 95% $290

Clothing & Footwear

London

$205 5.1%

Mykolaiv

$100 13.9% 51% $104

Sport & Entertainment

London

$92 2.3%

Mykolaiv

$29 4% 68.6% $63

Cost Breakdown

A central one-bedroom costs $2,935 in London versus $194 in Mykolaiv. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in London are about 14 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $109 in London versus $21 in Mykolaiv. Monthly groceries follow the same trend: $360 vs $160 – making Mykolaiv the more affordable choice for daily food spending.

Good to know

🇬🇧 London

🇺🇦 Mykolaiv

🕒 Local time

22:13 10:13 PM

00:13 12:13 AM

2 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

480,080

💱 Currency

British Pound GBP £

Ukrainian Hryvnia UAH ₴

📈 Exchange rate

1 GBP = 1.34 USD

1 GBP = 1.2 EUR

100 UAH = 2.2 USD

100 UAH = 1.96 EUR

Exchange rates and currency converter

UAH, USD, EUR to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of November 6, 2026: 1 USD = 0.747 GBP (1 GBP = 1.34 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

Ukrainian Hryvnia exchange rates as of November 6, 2026: 1 USD = 45.54 UAH (100 UAH = 2.2 USD). 1 EUR = 50.89 UAH (100 UAH = 1.96 EUR).

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Mykolaiv 2,370 km ≈ 3 h 30 min nonstop flight

From you

London
Mykolaiv

Distances are measured in a straight line. Your location is detected approximately.

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 Mykolaiv: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,048 in London, $722 in Mykolaiv – Mykolaiv comes out roughly 82% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $6,072 per month in London and $1,082 in Mykolaiv. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mykolaiv, especially for central apartments: a one-bedroom in the center costs $194 there versus $2,935 in London.

Groceries cost about 125% more in London, though the gap depends on what you buy.

A mid-range dinner for two costs $109 in London and $21 in Mykolaiv. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Mykolaiv, where all-in costs run around $722, than in London at $4,048. In Mykolaiv it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

Families tend to lean toward Mykolaiv – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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