City of London
Here's what it actually costs to live in City of London each month: the ongoing bills, not the one-off moving faff. Every figure shows where it came from.
City of London is running on representative sample figures while we wire up the live sources. Right ballpark, not gospel, and every number is clearly badged.
National rank
305th cheapest of 318
At £2,612/mo (renter view), City of London is cheaper than 4%of all areas in England & Wales.
£943/mo more than the sample average
What's in that number
The detail
Rent
Sample data · ONS — Price Index of Private Rents (PIPR)as of 2025-03
Council tax
See all bands (A–H)Hide bands
| Band A | £70.78/mo |
| Band B | £82.58/mo |
| Band C | £94.38/mo |
| Band D (headline) | £106.17/mo |
| Band E | £129.77/mo |
| Band F | £153.36/mo |
| Band G | £176.95/mo |
| Band H | £212.35/mo |
MHCLG — Council Tax levels set by local authorities in England (Table 10)as of 2025-26
Energy
Octopus Energy 'Flexible' tariff (tracks the Ofgem price cap) + Ofgem TDCV (medium)as of 2026-06
Water
Water UK / CCW: average household billas of 2025-26
Broadband
Ofcom — Connected Nations 2024 (coverage) + representative UK package priceas of 2024-07
Insurance
IndicativeConfused.com/WTW (car) & ABI (home): regional averagesas of 2026-Q1
How City of London compares
Where the money goes versus the average area. This is what makes City of London cheaper or dearer than the typical place.
Each bar is City of London’s bill versus the average area (the centre line). Green sits below average, coral above. Renter view, per month.
Council tax in City of London
We headline Band D, but here’s every band so you can find yours.
Council tax by band
City of London Corporation
| Band | Per month | Per year |
|---|---|---|
| Band A | £71 | £849 |
| Band B | £83 | £991 |
| Band C | £94 | £1,133 |
| Band DHeadline | £106 | £1,274 |
| Band E | £130 | £1,557 |
| Band F | £153 | £1,840 |
| Band G | £177 | £2,123 |
| Band H | £212 | £2,548 |
Live on your own? You get a 25% single-person discount off these figures. Bills are normalised to a true monthly (annual ÷ 12); many councils actually spread them over 10 instalments.
Over time
How the big two have moved in City of London. Drag across a chart to read any month; switch the range with the buttons.
Median house price: +60% over Mar 2013–Mar 2023
Mar 2013: £495,000; Jun 2013: £550,000; Sep 2013: £575,000; Dec 2013: £615,000; Mar 2014: £625,000; Jun 2014: £640,000; Sep 2014: £700,000; Dec 2014: £769,100; Mar 2015: £806,250; Jun 2015: £814,500; Sep 2015: £823,750; Dec 2015: £800,000; Mar 2016: £795,000; Jun 2016: £799,750; Sep 2016: £800,000; Dec 2016: £833,200; Mar 2017: £835,000; Jun 2017: £825,000; Sep 2017: £849,975; Dec 2017: £840,000; Mar 2018: £850,000; Jun 2018: £880,000; Sep 2018: £888,099; Dec 2018: £923,080; Mar 2019: £930,000; Jun 2019: £923,080; Sep 2019: £919,325; Dec 2019: £865,000; Mar 2020: £898,875; Jun 2020: £895,000; Sep 2020: £895,000; Dec 2020: £883,500; Mar 2021: £814,000; Jun 2021: £771,750; Sep 2021: £771,750; Dec 2021: £797,500; Mar 2022: £805,000; Jun 2022: £802,500; Sep 2022: £800,000; Dec 2022: £772,500; Mar 2023: £790,000
ONS HPSSA · median price paid · year-ending quarterly
Towns & areas in City of London
The 25 wards that make up City of London. Shade the map by real gigabit-broadband availability or by the estimated cost of buying here (each ward's median house price → a mortgage estimate). Council tax, energy and water are set across the whole of City of London; it's broadband, rent and house prices that shift street to street. Hover any ward for the detail, or click through to its own page.
Your council
City of London Corporation
The people you'll actually be dealing with. Straight to the bits that matter:
Nearby areas
Difference is vs City of London's £2,612/mo (renter view).
City of London: common questions
How much does it cost to live in City of London?
The estimated ongoing cost of living in City of London is around £2,612 a month for a renter, or about £1,764 a month if you're buying. That covers rent or a typical mortgage, council tax, energy, water, broadband and indicative insurance.
How much is council tax in City of London?
Band D council tax in City of London works out at roughly £106 a month (£1,274 a year), set by City of London Corporation. If you're the only adult in the property you get a 25% single-person discount.
What is the average rent in City of London?
The average private rent in City of London is about £2,164 a month across all property sizes, based on the latest ONS Price Index of Private Rents.
Is City of London an expensive place to live?
City of London is the 305th cheapest of 318 local authorities in England & Wales by total monthly cost, which makes it cheaper than 4% of them.
No surprises, promise.
These are estimates, not quotes. Real figures vary by property and provider. We show our sources so you can check our working.