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VS
City 2:

๐Ÿ’ก Smart Analysis

Comparing New York and London: Average gross pay is 73% higher in New York. Cost of living is 38% cheaper in London. With higher take-home and lower expenses, London is a more financially comfortable place to live with an affordability score of 6.2/10 compared to 5.8/10.

Category Comparison
๐Ÿ‡บ๐Ÿ‡ธ
New York
๐Ÿ‡ฌ๐Ÿ‡ง
London

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$130,000/yr
HIGHER
ยฃ75,000/yr
Junior Developer Pay
$75,000
ยฃ38,000
Mid-Level Developer Pay
$110,000
ยฃ65,000
Senior Developer Pay
$160,000
ยฃ95,000
Lead / Architect Pay
$200,000
ยฃ120,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$3,500
ยฃ2,200
Rent โ€” Suburbs (1 Bed)
$2,200
ยฃ1,400
Groceries (Monthly)
$600
ยฃ450
Public Transport Pass
$130
ยฃ160
Utilities (Electricity, Internet)
$300
ยฃ200
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$4,835/mo
ยฃ3,010/mo
CHEAPER

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
25%
20%
Social Security Deduction
8%
12%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
$6,142/mo
ยฃ3,791/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
5.8
6.2
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
$1,307/mo
ยฃ781/mo
Months to Save $10,000
~8 months
~13 months
๐Ÿ‡บ๐Ÿ‡ธ Complete New York Breakdown & Charts โ†’ ๐Ÿ‡ฌ๐Ÿ‡ง Complete London Breakdown & Charts โ†’