London · £50,000 – £70,000 · very high cost city

Savings rate in London on £50,000 – £70,000 — are you on track?

Earning £50,000 – £70,000 in London? Based on ONS Living Costs & Food Survey FYE2024, people at this income level in United Kingdom typically save around 23% of gross income. Enter your actual costs below to see how you compare.

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Pre-set for London · £50,000 – £70,000 — adjust to your situation

Country
£60,000
£10,000£155,000£300,000+
£2,000/mo
£0£4,000£8,000+

Food, transport, subscriptions, going out — everything except rent

£1,400/mo
£0£3,000£6,000+

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What 23% savings means in London

Using ONS Living Costs & Food Survey FYE2024, people earning £50,000 – £70,000 in United Kingdom save around 23% of gross income on average. In London — a very high cost city — housing costs typically run 8–23% of income, which can significantly compress savings even at this income level.

Minimum
8%
floor — not building
Expected
16%
mid-income benchmark
Strong
32%
top tier

Source: ONS Living Costs & Food Survey FYE2024. Benchmarks shown for mid-income earners in United Kingdom.

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See full cost breakdown for London →

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Also in the Verdict suite

SalaryVerdict — Is your London salary competitive?SpendVerdict — Is your London rent too high?