London On A Budget Tips - 10 Money Saving Tips For Visiting London - ItsAllBee | Solo Travel & Adventure Tips (2024)

Last updated: by Igal Greenberg 26 Comments

Finding travel hacks of tips to save you money in a new city can be tricky, hence my post with tips for saving money in London. London is said to be one of the most expensive cities in the world. Yes, London can be expensive for local residents too but it needn’t be so for visitors, providing you come well versed with money-saving tips for visiting London. This post will allow you to find out where to stay in London, places to see in the city, cheap and free things to see and do in London and their for allowing you to make the most of your visit to London a pleasurable one without breaking the bank.

Also, booking where to stay in London, England should be an expensive task, you just have to know what options are available and what you get for your budget range. You can also get a detailed list of hostels on some of my favorite hotel and hostel booking sites likeBooking.com,Agoda,andTrivago.I also shared a post onLondon’s best-located hostel with tips on tourist attractions close to them as well. The same goes for things to do in London. There are plenty of free things to do in London at night, from museums, free viewing points, beautiful parks in London.

Also See:

  • Breakfast At London’s Oldest Market
  • Where To Get The Best Visit Views In London
  • Tips On The Best Spots For Photography In London
  • The Best Hostels In London
  • Tower Bridge At Night

Below are tips for saving money in London as a tourist but many of these also apply to those that are looking money saving tips for living in London. By far the best way to get around in London is by bus, underground as well as walking. You can see the majority of the tourist sights by walking along the River Thames. For this post, I thought I would give you some tips for visiting London from a Londoner’s perspective on how to save money in London as a tourist and still have a great time!

CONTENTS

  • 1 1. Save money on food and buy local and from the supermarkets
  • 2 2. Take a walk – Walk As Much As Possible In London
  • 3 3. Stay within central London
  • 4 4. Use London buses to get around | The Cheapest Way To Sightsee In London
  • 5 5. Buy a Visitor Oyster card Or London Pass Card
  • 6 6. Shop around for accommodation
  • 7 7. Use 2 for 1 Offers
  • 8 8. Check out free sights
  • 10 10. Book a free tour In London
    • 10.1 Enjoyed my tips for visiting London? Pin. Tweet. Share

1. Save money on food and buy local and from the supermarkets

Eating in London can be expensive but if you are on a budget then get to Tesco buy you some lunch and chill in London’s city parks.You can shave of a lot of money from a typical average cost of a trip to London for a week. You can grab yourself a meal deal for 2.99. That includes a sandwich, salad or wrap, then a snack and drink too. Meals on offer are a selection of healthy and naughty. Boots, Sainsbury’s does the same, they also do gourmet lunch selection by chefs like Jamie Oliver.

They now have Tesco and Sainburys Express stores all over London which makes saving money on food while visiting London even easier. The point is you can find plenty of ways to eat around London without blowing the budget and eat as healthily or as unhealthy as you want. You also have plenty of local cafes(I am not talking chain cafes) that will rustle up a mean breakfast for a fiver! Also, check out markets which offer delicious meals on a budget. Many have a wide range too, from India, Malaysia, Lebanese, African, and so many more regions. Check out my post on Borough Market Breakfast for inspiration.

London On A Budget Tips - 10 Money Saving Tips For Visiting London - ItsAllBee | Solo Travel & Adventure Tips (2)

2. Take a walk – Walk As Much As Possible In London

Walk! Yes, you might want to have an insta-staged shoot for the gram but pack some comfortable flats in your bag too and walk yourself to a firm rear end. You will save on our expensive transport system. Leave the Tube/Underground for when you are exploring tourist sights further away from you as those will take longer to get to on foot. This is by far one of the cheapest way to sightsee in London. My One Day London Itinerary post takes you on a walk around the Southbank, passing many touristattractions on the way. Many of which you wouldn’t see by being on the underground or bus.

3. Stay within central London

Stay with Zones 1-3. This way I can guarantee you most of the majority of the places you will want to see will be within walking distance or a short bus ride away thus no need to buy an expensive travel card until it’s time to head back to the airport. Say, you stay in Greenwich, which is in falls in Zone 2 and 3 you still have places like Cutty Sark, Greenwich Park, and Observatory, Maritime Museum, Greenwich Market all near you together with the riverside views. For more travel tips for London on where to stay, check out my guide on the best areas to stay in London as well as cool places to stay in Shoreditch or if you want to stay in London’s self-catering hotels.

Cool pubs and local restaurants and cafes near you in addition to being a short bus ride into London Bridge for further exploring of London. So don’toverlook certain areas because you think you have to stay in Zone 1 of London. For more on things to do in Greenwich, I have a post ontop 10 things to do in Greenwich. I will be publishing a post on where to stay in London England for variable budgets. I will start London’s best-located hostels including what tourist sites are near them.

4. Use London buses to get around | The Cheapest Way To Sightsee In London

4. Public transport, use the bus and less of the underground.For one, you will see more of London without blowing your wallet. You will spend less money on the hop on/off buses and underground and still see more of London. Londist did a cool post on the best bus routes in London for sightseeing. Why do I say use the bus instead of the tourist buses? A hop on/off bus will cost you roughly £25-30 for a 24-hour ticket, while a 7-day bus pass covering buses and trams in London will costs you £21.20 for a 7-day pass.

You can hop on and off London buses until your heart is content! If you are in London for more than 2 days I would recommend getting a weekly travel card as this covers buses, underground, overground and trams. A Zone 1-2 will cost you £33 and 1-3 costs £38 so that works on cheaper for exploring the city. A one-day travel card is £12.30 so if staying a couple of day buying a weekly travel card is more cost-effective.

5. Buy a Visitor Oyster card Or London Pass Card

Buy a Visitor Oyster card. Unless you have a contactless credit/debit card you will have to buy an Oyster card to get around London. A visitor Oyster card costs £3. It makes buying a pay as you go fares easier and cheaper than buying paper tickets. Your daily fares are capped at £6.60 compared to buying a one-day travel card at £12.30. Any balance you have can also be refunded to you when you leave London.

You can also buy it online before you travel to London, in addition to special offers and discounts around London when you buy a Visitor Oyster card.You can also opt to purchase the London Pass Card, which gives you free entry to 60 attractions. Some of which I have covered on the blog. From free museums, the best river cruises in London, free entry to Hampton Court Palace, Westminister Abbey,The View from the Shard, Kensington Palace, The London Bridge Experience, Hop On Hop Off bus, Tower of London, and so many more places. Individual tips would cost you hundreds of pounds whereas the London Pass Card only costs £69.

6. Shop around for accommodation

Shop around for Hostels, Hotels and Airbnb apartments. Yes, London is expensive and more so if you are trying to keep up with the Jones for the gram. There are plenty of smaller bed and breakfast, hotels, and hostels in fantastic locations in the heart of the city. As I said above I will be sharing a post on London’s best-located hostels soon, but just bear in mind that you will spend the majority of your time exploring so why blow your budget on a super expensive hotel room that you only spent a night in, especially if you don’t have to or can’t afford it.

Don’t get me wrong I love a splurge and a treat when I travel enter private hideaway in Thailand, Twin Tower views in Malaysian or an African hideaway on the Zambezi. It’s up to you where you stay, my point is that there are plenty of places available that you won’t have sell your kidney to afford to tay in so don’t overlook small locally owned hotels that offer great value. Also if you are visiting during the summer,student halls offer great value on where to stay and most over great accommodation options all within the heart of the city(you can also search other cities in the UK). There are plenty within central London all offering a variety of options from self-contained rooms with breakfast included to those that provide a room with shared bathrooms.

Some of these, like Kings College student hall apartments, are within 5 minutes walk from Borough Market and the Shard for a further 5 minutes from beautiful tower bridge and a whole host of tourist places within walking distance such as Big Ben, London Eye, Tate Modern. For more on how to see London on foot, I have a Local’s Guide to exploring London. You also have YHA hostels that have hostels in fantastic locations in London. One is next to St Pauls Cathedral, Kings Cross, Thames side, and Centralwhich is close to London’s shopping Mecca that is Oxford Street. Blackfriars and Waterloo have had few hotels pop up in recent years that provide easy access to tourist places within walking distance.

Waterloo has Hamptons, Park Plaza,H10 and Blackfriars hasIbis, also just around Tate Modern you have Citzen M, Hilton and Holiday Inn all within earshot of the Southbank, Borough Market and Tower Bridge all within 10 minutes walking. There is plenty of offer from apartments, hostels to hotel covering budget to luxury whatever your budget travel means to you in London so it’s only as expensive as you want it to be.

You can also get a detailed list of hotels, apartments andhostels on some of my favouritebooking sites likeBooking.com,Agoda,andTrivago. I also did a post onLondon’s best-located hostel with tips on tourist attractions covering the best tourist attractions within walking distance to your accommodation which also saves money as you also keep healthy while walking.

7. Use 2 for 1 Offers

Use 2 for 1 offers when you visit London. Check out sights like Attraction Tix for a discount from restaurants to attractions as well as Time Out. This is one major tip I use for other cities I visit and a must as far as tips for visiting London go. You can also pick up the free magazine which has plenty of vouchers that you can tear out as and when you come up with places to see while visiting London. New magazines are available on Tuesdays. Also check out sites like Groupon, LivingSocial, and Wowcher for discounts to attractions, restaurants and more.

8. Check out free sights

Visit free sights and museums. Take advantage of Londons amazing museums and galleries majority of which are free. You may have to pay for special/temporary exhibitions. The BristishMusuem, Natural History Museum, Tate Modern are all great places to visit and all free.

9. Get the best views | Views From The Shard & More

Get the Views for Free – We have plenty of places offering great views in London some of which are expensive just for a view. To save money you can opt for viewing decks with great views of London without paying ridiculous prices for the same view. I shared a point on where to get the best views in London here but can I also add to that, Greenwich Park (next to the observatory), Primrose Hill, and Switch House! Superb views of the city and all FREE!!!

10. Book a free tour In London

Join Free Walking Tour – London has some cool and free walking tours on offer. From architecture walks to street art. Although these are free and you are under no obligation to pay I would recommend you tip the guides considering the work that goes into researching some cool spots to visit in the city. One free walking tour I have done and would highly recommend is the Alternative Steet Tour in London cool and hip district of Shoreditch.

You can read move in my post linked. There are also a million and one paid tours in London to choose from. There are other paid walking tours in London, whether your interest is in Shakespear, Charles Dicken, Harry Porter Series tours, architecture, ghost tours and more. You name it, they have it! To go beyond the tours I would also highly recommend checking out London’s theatre shows. You can bag a discount on theatre tickets by check out sites likeLove Theatre.

ALSO READ: Weekend In Venice : Gondolas, Grand Canals and Piazzas

More On London

  • Breakfast At London’s Oldest Market
  • Where To Get The Best Visit Views In London
  • Tips On Photography Shoots In London
  • The Best Hostels In London

London On A Budget Tips - 10 Money Saving Tips For Visiting London - ItsAllBee | Solo Travel & Adventure Tips (7)

London On A Budget Tips - 10 Money Saving Tips For Visiting London - ItsAllBee | Solo Travel & Adventure Tips (2024)

FAQs

How do people save money in London? ›

Use an Oyster card

Utilising an Oyster card or contactless payment for public transportation in London can lead to substantial savings compared to buying individual tickets. The Oyster card is a rechargeable smart card that offers reduced fares on buses, trams, the Underground, and some National Rail services.

What is a good budget for a trip to London? ›

A one week trip to London usually costs around $1,672 (£1,327) for one person and $3,343 (£2,653) for two people. This includes accommodation, food, local transportation, and sightseeing. A two week trip to London on average costs around $3,343 (£2,653) for one person and $6,687 (£5,306) for two people.

Is London a cheap place to visit? ›

London has a reputation as one of the most eye-wateringly expensive cities to visit in Europe. Its fame and global appeal have long made it a top "bucket list" destination, with jacked-up accommodation prices and exorbitantly priced experiences, from swanky fine dining to designer shopping.

How much do you spend a day in London as a tourist? ›

We recommend budgeting around £105 plus (about $130 in US dollars) per day, per person, after paying to get there. You can of course spend a lot more, or a little less, but our recent trip revealed this figure to be a good starting point.

Can you live off $1,000 in London? ›

The question of whether you can live in London with £1,000 a month largely depends on various factors, including your accommodation, lifestyle, and financial management. But the short answer, is this: It's gonna be tough. Don't be discouraged, though! If you're determined, you can make it work.

Should I carry cash in London? ›

Which way will you pay in the UK? In most cases, paying by card is more convenient than cash, though we do recommend carrying a small amount of cash for parking, taxis, small purchases and tips. Ideally, take a Wise Mastercard and a Visa debit or credit card with you – plus a small amount of cash.

Is 500 pounds enough for a week in London? ›

It would be enough to pay for transport and a few meals out, but not a lot more than that, add in any attractions then it becomes a problem. Thankfully there is a lot to see in London without having to spend any money on admission.

How much is dinner in London? ›

Average food cost per month in London
Restaurant type or itemAverage price range (GBP)
Average restaurant meal10 - 30
Average meal for two in mid-priced restaurant45 - 100
Pint of beer8
Average bottle of wine in supermarket6
Jul 22, 2022

How many days in London is enough? ›

For first time visitors, we recommend spending at least four or five days in London, which will give you enough time to get a feel for the city and see many of its main sites. With so much to do and see check out this article on how you can make the most of your time in London!

Where to eat in London on a budget? ›

Cheap Eats: Affordable Restaurants In London
  • Ping Pong London. ...
  • Gigis Hoxton. ...
  • Comptoir Libanais - Various Sites. ...
  • Tank & Paddle Minster Court. ...
  • Pasta Remoli: Restaurants In London. ...
  • Try Our Easy-To-Use Table Search Engine. ...
  • Soho Zebrano. ...
  • Effra Social.

Is London cheaper than America? ›

Both nations have a cost of living that varies greatly depending on where you live. However, you can expect that there will be a higher cost of living in the US than the UK. Data shows that the cost of living is 0.49% lower in the UK than the US. This difference is even greater in cities that are expensive to live in.

How much is a pub meal in London? ›

UK cost of Food & Drink
Average weekly grocery bill (including food, basic laundry and toiletry items for 2 people)£80 - £100
Average pub meal£8 - £12
Average restaurant meal£15 - £25
Pint of beer£3 - £3.50
2 more rows

How much is London tube per day? ›

Daily Travel Card Prices
TypeDay Anytime PriceOff-Peak Day Price
Adult Zones 1-2£8.10£8.10
Adult Zones 1-3£9.60£9.60
Adult Zones 1-4£11.70£11.70
Adult Zones 1-5£13.90£13.90
1 more row

How do people save money in the UK? ›

Save the same sum first. “Next time you want to buy a treat from your usual spending money – a £30 dress, say – make yourself save the £30 first. For example stop yourself buying that coffee out (£3 saved), make a few extra veggie meals (£10 saved etc) until you hit £30.

Can you live on $1,500 a month in London? ›

There are also significant regional differences when it comes to general living expenses such as travel, food and childcare. It's thought that a single person living in London will need around £1,500 per month to cover their living expenses and just over £1,200 in Manchester.

How much does the average Londoner have in savings? ›

Londoners have the highest average savings with an average savings amount of £28,978.40, which is more than double the next highest average savings region; the West Midlands with an average savings amount of £13,318.35.

What is the average savings of people in London? ›

The top 10 cities with the most savings are:
RankCityAverage amount residents have in their savings (Individual savings)
6London£22,846
7Manchester£22,519
8Liverpool£21,165
9Nottingham£20,992
6 more rows
May 12, 2023

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