Restaurants
(19.72£)
(18.00£)
(94.67£)
(75.00£)
(9.47£)
(8.00£)
(6.31£)
(6.30£)
(7.89£)
(5.00£)
(4.34£)
(3.60£)
(2.33£)
(1.99£)
(1.76£)
(1.64£)
Markets
(3.97£)
(4.99£)
(3.94£)
(1.35£)
(2.01£)
(1.02£)
(4.63£)
(3.61£)
(4.85£)
(3.39£)
(5.84£)
(3.49£)
(6.90£)
(5.39£)
(1.94£)
(1.11£)
(0.67£)
(0.59£)
(1.22£)
(1.13£)
(1.94£)
(1.51£)
(1.17£)
(0.54£)
(0.86£)
(0.53£)
(1.66£)
(0.92£)
(1.79£)
(1.26£)
(11.44£)
(9.00£)
(1.81£)
(1.96£)
(2.77£)
(2.25£)
(9.47£)
(15.00£)
Transportation
(1.38£)
(2.90£)
(82.84£)
(186.00£)
(5.13£)
(4.00£)
(4.34£)
(3.05£)
(47.34£)
(30.00£)
(4.32£)
(5.90£)
(20,512.02£)
(25,320.00£)
(20,308.04£)
(25,622.59£)
Utilities (Monthly)
(194.17£)
(313.52£)
(68.51£)
(14.71£)
(63.28£)
(33.32£)
Sports And Leisure
(99.69£)
(54.55£)
(21.75£)
(13.73£)
(14.20£)
(15.00£)
Childcare
(1,666.60£)
(1,767.11£)
(29,781.88£)
(20,054.76£)
Clothing And Shoes
(58.08£)
(84.09£)
(44.44£)
(37.97£)
(92.18£)
(87.47£)
(135.81£)
(101.32£)
Rent Per Month
(2,100.82£)
(2,267.65£)
(1,779.94£)
(1,642.16£)
(4,161.57£)
(4,146.51£)
(3,380.69£)
(2,628.57£)
Buy Apartment Price
(914.23£)
(1,265.12£)
(745.04£)
(723.46£)
Salaries And Financing
(4,780.18£)
(3,165.92£)
As an avid researcher and enthusiast with a keen eye for economic trends, I've delved into the details of various global indices, cost of living analyses, and cross-cultural economic differentials. I've gained practical insights by examining numerous data points and studying the intricate nuances that shape regional economies. My in-depth understanding of global economic structures and my commitment to staying abreast of the latest updates in the field positions me as a reliable source for interpreting and contextualizing economic data.
Now, let's dissect the provided data on the cost of living in Los Angeles, CA, and London. The figures offer a comparative analysis of various expenses across different categories.
1. Restaurants:
- Inexpensive Meal: Los Angeles is 8.7% cheaper than London.
- Mid-range Restaurant for 2 People: Los Angeles is 20.8% cheaper than London.
- McDonald's Combo Meal: Los Angeles is 15.5% cheaper than London.
- Beer, Cappuccino, and Soft Drinks: Los Angeles generally has lower prices compared to London.
2. Markets:
- Grocery items in Los Angeles are generally more affordable than in London.
- Notable differences include the substantial price gap in bread, rice, chicken fillets, and cheese.
3. Transportation:
- Public transportation is significantly cheaper in Los Angeles.
- However, owning a car and buying fuel is more expensive in Los Angeles.
4. Utilities:
- Living expenses related to basic utilities are considerably higher in London.
- Mobile phone plans and internet costs are higher in London as well.
5. Sports and Leisure:
- Fitness club fees and tennis court rentals are more expensive in Los Angeles.
- Cinema tickets are slightly cheaper in Los Angeles.
6. Childcare:
- Preschool and international primary school costs are higher in London.
7. Clothing and Shoes:
- Apparel and footwear are generally more expensive in London.
8. Rent:
- Rent for apartments in the city center is higher in London, but outside the center, Los Angeles is more expensive for 1-bedroom apartments.
- Buying property is notably more expensive in London.
9. Salaries and Financing:
- The average monthly net salary is higher in Los Angeles.
- Mortgage interest rates are lower in Los Angeles.
This comprehensive overview provides a nuanced understanding of the cost disparities between Los Angeles and London across various aspects of daily life. It's essential for individuals contemplating a move or comparing the economic landscapes of these two cities to make informed decisions based on these insights.