Last update: Oct 2026

Cost of Living Comparison Between London and Peterborough, United Kingdom

For one person, living is cheaper in Peterborough: $2,158 a month against $4,086 in London, rent and utilities included – about $23,100 less a year. Rent and utilities account for most of the difference.

London, United Kingdom
Peterborough, United Kingdom
London
🇬🇧 United Kingdom
$4,086
/mo nomad
Peterborough
🇬🇧 United Kingdom
$2,158
/mo nomad
Monthly Cost of Living

How much you'll spend in London and in Peterborough

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

A single person spends $4,086 per month in London vs $2,158 in Peterborough, rent included.

  • London $4,086
  • Peterborough $2,158

A couple spends around $5,891 per month in London vs $3,091 in Peterborough, rent included.

  • London $5,891
  • Peterborough $3,091

A family of three spends $7,696 per month in London vs $4,025 in Peterborough, rent included.

  • London $7,696
  • Peterborough $4,025

London costs about 89% more than Peterborough, and outside of rent the biggest gap is in transport.

Both London and Peterborough sit above the global median – London by 200%, Peterborough by 59%.

Currency
🍽 Eating Out
London
Peterborough
Difference
Meal at Budget Restaurant
$26.55 £19.79
$20.06 £14.95
32.35%
Three-Course Dinner for Two, Mid-Range
$107 £79.8
$94.8 £70.7
12.84%
Fast Food Meal (McDonalds, etc)
$10.78 £8.04
$10.54 £7.86
2.28%
Cappuccino
$5.71 £4.26
$4.52 £3.37
26.33%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.01 £2.24
$2.05 £1.53
46.83%
Water (0.33 liter bottle)
$2.29 £1.71
$1.17 £0.87
95.73%
Local Beer (0.5 liter draught)
$9.08 £6.77
$6.54 £4.88
38.84%
Imported Beer (0.33 liter bottle)
$8.07 £6.01
$6.84 £5.10
17.98%
🛒 Groceries & Markets
London
Peterborough
Difference
Milk (1 liter)
$1.90 £1.42
$1.76 £1.31
7.95%
White Bread (500g)
$2.03 £1.51
$1.44 £1.07
40.97%
Rice (white) (1kg)
$2.45 £1.82
$1.56 £1.16
57.05%
Eggs
$5.07 £3.78
$3.63 £2.71
39.67%
Local Cheese (1kg)
$12.71 £9.47
$9.53 £7.10
33.37%
Chicken Fillets (1kg)
$10.61 £7.91
$8.91 £6.64
19.08%
Beef Round Steak (1kg)
$17.68 £13.18
$10.83 £8.08
63.25%
Apples (1kg)
$3.17 £2.36
$3.31 £2.47
-4.23%
Banana (1kg)
$1.45 £1.08
$1.25 £0.93
16.00%
Oranges (1kg)
$3.13 £2.34
$1.71 £1.27
83.04%
Tomato (1kg)
$3.41 £2.54
$3.24 £2.41
5.25%
Potato (1kg)
$1.67 £1.24
$1.31 £0.98
27.48%
Onion (1kg)
$1.77 £1.32
$1.23 £0.92
43.90%
Lettuce (1 head)
$1.43 £1.07
$0.88 £0.66
62.50%
Water (1.5 liter bottle)
$1.87 £1.39
$1.29 £0.96
44.96%
Cigarettes 20 Pack (Marlboro, Camel)
$23.91 £17.82
$24.09 £17.96
-0.75%
Wine (Bottle)
$13.48 £10.05
$10.86 £8.09
24.13%
Local Beer (0.5 liter bottle)
$3.08 £2.30
$2.62 £1.96
17.56%
Imported Beer (0.33 liter bottle)
$4.39 £3.27
$3.76 £2.81
16.76%
🚌 Getting Around
London
Peterborough
Difference
One-way Ticket (Public Transport)
$4.08 £3.04
$2.65 £1.97
53.96%
Public Transport Monthly Pass (Regular Price)
$252 £188
$118 £88.2
113.33%
Taxi Start (Normal Tariff)
$5.74 £4.28
$6.15 £4.59
-6.67%
Taxi (Normal Tariff) (1km)
$3.35 £2.50
-
-
Taxi 1hour Waiting (Normal Tariff)
$57.2 £42.67
-
-
Gasoline (1 liter)
$2.08 £1.55
$1.98 £1.48
5.05%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$38.0K £28.3K
$39.1K £29.2K
-2.93%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$40.4K £30.1K
$40.8K £30.5K
-1.08%
🧾 Monthly Utilities & Internet
London
Peterborough
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$387 £289
$245 £183
57.74%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.57 £13.85
$17.56 £13.09
5.75%
Internet (50+ Mbps, Unlimited Data)
$40.69 £30.34
$38.80 £28.93
4.87%
🎉 Sport & Entertainment
London
Peterborough
Difference
Gym Membership (Monthly)
$57.6 £42.93
$37.59 £28.03
53.15%
Tennis Court (1 Hour on Weekend)
$19.75 £14.73
$24.12 £17.98
-18.12%
Cinema Ticket
$18.33 £13.66
$16.24 £12.11
12.87%
🧸 Childcare & Education
London
Peterborough
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,957 £2,205
$1,328 £990
122.60%
International Primary School, 1 Child (Yearly)
$35.9K £26.8K
$21.5K £16.0K
67.13%
👕👟 Clothing & Footwear
London
Peterborough
Difference
Jeans (Levis 501 Or Similar)
$119 £88.6
$24.25 £18.08
389.81%
Summer Dress (H&M, Zara, etc)
$56.3 £41.95
$25.55 £19.05
120.23%
Sport Shoes (Adidas, Nike)
$131 £97.6
$98.5 £73.4
32.93%
Men's Leather Business Shoes
$165 £123
$86.1 £64.2
91.31%
🏠 Accommodation & Living
London
Peterborough
Difference
1-bedroom Apartment, City Center (Monthly)
$2,811 £2,096
$1,135 £847
147.61%
1-bedroom Apartment, Outside City Center (Monthly)
$2,291 £1,708
$967 £721
136.96%
3-bedroom Apartment, City Center (Monthly)
$5,185 £3,866
$1,808 £1,348
186.81%
3-bedroom Apartment, Outside City Center (Monthly)
$3,805 £2,837
$1,311 £978
190.18%
Buy Apartment in City Center (m2)
$17.7K £13.2K
$4,202 £3,133
320.39%
Buy Apartment Outside City Center (m2)
$8,405 £6,266
$3,109 £2,318
170.30%
💵 Salaries & Financials
London
Peterborough
Difference
Average Monthly Net Salary (After Tax)
$5,070 £3,780
$2,745 £2,047
84.69%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.79
4.88
-1.84%

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

Last update for London: October 26, 2026

Last update for Peterborough: October 27, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
London
$2.3K
Peterborough
$967 57.8% $1.3K
Monthly Utilities & Internet
London
$446
Peterborough
$302 32.4% $145
Eating Out
London
$396
Peterborough
$306 22.8% $90
Groceries & Markets
London
$356
Peterborough
$273 23.2% $82
Getting Around
London
$291
Peterborough
$135 * 53.6% $156
Clothing & Footwear
London
$212
Peterborough
$105 50.2% $106
Sport & Entertainment
London
$94
Peterborough
$70 25.6% $24

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $2,811 in London versus $1,135 in Peterborough. 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 85% 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 $95 in Peterborough. Monthly groceries follow the same trend: $356 vs $273 – making Peterborough the more affordable choice for daily food spending.

Good to know
🇬🇧 London
🇬🇧 Peterborough
🕒 Local time
21:01 9:01 PM
21:01 9:01 PM
Same time as London
🌤 Weather
👥 Population
8,908,083 Capital
183,600
💱 Currency
Exchange rates and currency converter

USD, EUR to GBP – British Pound Converter

British Pound exchange rates as of November 2, 2026: 1 USD = 0.746 GBP (1 GBP = 1.34 USD). 1 EUR = 0.836 GBP (1 GBP = 1.2 EUR).

On the map
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  • London Peterborough 120 km
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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 Peterborough: Cost of Living - Frequently Asked Questions
How do living costs in London and in Peterborough compare overall?
Monthly costs with rent: $4,086 in London, $2,158 in Peterborough – Peterborough comes out roughly 47% cheaper. Outside of rent, the biggest gap is in transport.
What salary covers living expenses in London compared to Peterborough?
For a comfortable life, plan on about $6,129 per month in London and $3,237 in Peterborough. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between London and Peterborough?
Rent is clearly cheaper in Peterborough, especially for central apartments: a one-bedroom in the center costs $1,135 there versus $2,811 in London.
Which city has cheaper grocery shopping?
Groceries cost about 30% more in London, though the gap depends on what you buy.
Which city has cheaper restaurants?
A mid-range dinner for two costs $107 in London and $95 in Peterborough. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more doable on $3,000 per month?
A $3,000 monthly budget goes further in Peterborough, where all-in costs run around $2,158, than in London at $4,086. In Peterborough it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.
Where should families live: London or Peterborough?
Families tend to lean toward Peterborough – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
How do I decide between London and Peterborough?
If budget matters most, go with Peterborough. If higher salaries or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.

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