Just How Expensive Is London?
Downtown London residences are known to be staggeringly expensive, but media blogger Sam Cookney calculated in October just how much. Cookney said he can live in an upscale apartment in Barcelona, Spain, and commute almost every workday to London (700 miles away) for less money than a modest central London rental. (Sixteen commuter days over four weeks a month would run, in pound-dollar equivalents: $2,420 for a West Hampstead rental, $121 council tax, and $188 transit travel card, totaling $2,730. Barcelona, in euro-dollar equivalents: $938 for a three-bedroom flat with three balconies near transit, no tax, $47 daily round-trip on Ryanair, $32 a day in airport transportation, totaling $2,202 — a savings of $528 a month.) Plus, he said, sunny Barcelona is on the Mediterranean. (On the other hand, Cookney luckily can work on the plane, for each flight is two hours long.)