What's the evidence that the 'cost of living' in London is much dearer, once you eliminate house prices?But, the payback is property prices would be lower, as would the cost of living.
What's the evidence that the 'cost of living' in London is much dearer, once you eliminate house prices?But, the payback is property prices would be lower, as would the cost of living.
Go and buy a pint in LondonWhat's the evidence that the 'cost of living' in London is much dearer, once you eliminate house prices?
Go to London and find out, because clearly you haven't been.What's the evidence that the 'cost of living' in London is much dearer, once you eliminate house prices?
Exactly!Go and buy a pint in London
true, we noted that when we were last there (admittedly quite a while ago), but it was noticeable that fruit, veg and other basic groceries were cheaper and better quality than we could find out in the sticks...Beer, dining out, taxi fares, council tax and basically most things.
What's the evidence that the 'cost of living' in London is much dearer, once you eliminate house prices?
Beer I'll grant you. But there are plenty of cheap restaurants. When I lived in London, councils like Wandsworth boasted of having the lowest rates of tax in the country (at one point, zero). Maybe that has changed. Public transport is noticeably cheaper than in the rest of the UK.Beer, dining out, taxi fares, council tax and basically most things.
Beer I'll grant you. But there are plenty of cheap restaurants. When I lived in London, councils like Wandsworth boasted of having the lowest rates of tax in the country (at one point, zero). Maybe that has changed. Public transport is noticeably cheaper than in the rest of the UK.
Beer I'll grant you. But there are plenty of cheap restaurants. When I lived in London, councils like Wandsworth boasted of having the lowest rates of tax in the country (at one point, zero). Maybe that has changed. Public transport is noticeably cheaper than in the rest of the UK.
Not strictly true. A band D property in Greenwich will cost you about £60 a year less in council tax than a band D property in Stoke-on-Trent and 'spoons in the centre of Greenwich charges pretty much the same as 'spoons in the centre of Stoke. Yes, there's some pubs in London that will charge you an arm and leg, but there's plenty up north that are charging eye watering amounts these days too. Most high street retailers charge the same prices across the UK and a postage stamp will cost you the same price in Kingston-upon-Thames as it will in Kingston-upon-Hull, as will a mobile phone contract. You can easily pay 4x or 5x more rent for roughly comparable properties thoughBeer, dining out, taxi fares, council tax and basically most things.
I find that once housing is eliminated, the cost of buying most things in London is the same as in Glasgow, if it helps.To be fair, I know a lot of Londoners complain about the cost of public transport under TFL, but I actually think it's quite good value, look at a zone 1-3 travelcard cap, £10.50 for all day bus, tube and rail travel, if I want to go from my house to my local town centre, 2 miles away, it's £6 return, £6 to travel 4 miles...
Exactly.Not strictly true. A band D property in Greenwich will cost you about £60 a year less in council tax than a band D property in Stoke-on-Trent and 'spoons in the centre of Greenwich charges pretty much the same as 'spoons in the centre of Stoke. Yes, there's some pubs in London that will charge you an arm and leg, but there's plenty up north that are charging eye watering amounts these days too. Most high street retailers charge the same prices across the UK and a postage stamp will cost you the same price in Kingston-upon-Thames as it will in Kingston-upon-Hull, as will a mobile phone contract. You can easily pay 4x or 5x more rent for roughly comparable properties though
There is a classic misunderstanding about council tax here. Band D is a reference point for calculating the other bands, it doesn't represent similar properties in different parts of the country. Band D are properties valued between £68k and £88k in 1991, so a band D property in Stoke is not the same as a band D property in Greenwich.A band D property in Greenwich will cost you about £60 a year less in council tax than a band D property in Stoke-on-Trent
My company has a specific rule for expenses "within the M25", where the limits for what you can book and claim go up by about 30-40% compared to the rest of the country.What's the evidence that the 'cost of living' in London is much dearer, once you eliminate house prices?
Probably, yes. But even from somewhere like Retford or Bath, I'd wager driving in would be cheaper than a train ticket.But, the payback is property prices would be lower, as would the cost of living.
Indeed Manchester is painful at peak times I commuted there for 12 years by carMy daughter was commuting by car to Manchester city centre close to Piccadilly. I went with her once or twice to get train from there to airport when I was living in the USA. I much preferred getting a train from Preston direct to the airport. So it is not just London bound commutes that can be horrendous.
Yes, again, primarily due to the higher cost of accommodation/housing. Property prices are the significant factor in London "cost of living" being higher than the rest of the country - other goods and services are not universally, significantly more expensive in London than elsewhere.My company has a specific rule for expenses "within the M25", where the limits for what you can book and claim go up by about 30-40% compared to the rest of the country.
The amount you can borrow on university maintenance loans is higher if you are in London.
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Student finance for undergraduates
Student finance - student loans or student grants for tuition fees and living costs, extra help, student loan repayments.www.gov.uk
And how about a university study on the subject?
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A decent standard of living in London costs up to 58% more compared to the rest of the UK, new figures show
A basic standard of living in London is up to 58% more expensive than in other urban areas of the UK.www.lboro.ac.uk
And yet, for food expenses within my company, the limit on spending within the M25 area (aka what is popularly deemed to be close enough to London) is boosted by a third compared to food expenses incurred anywhere else in the country. I'm not going to include the hotel cost rule as that is related to property value, but the rules on claims and bookings for food and transport in and around London are far more generous than the rules on claims and bookings in Cardiff or Edinburgh.Yes, again, primarily due to the higher cost of accommodation/housing. Property prices are the significant factor in London "cost of living" being higher than the rest of the country - other goods and services are not universally, significantly more expensive in London than elsewhere.
True. But time is the critical element, which is where HST was the game-changer.Probably, yes. But even from somewhere like Retford or Bath, I'd wager driving in would be cheaper than a train ticket.
I moved from Zone 5 to Grantham 20-odd years ago. We sold a small 2 bed terrace house and bought a 4 bed detached for a net £500. The saving in mortgage from trading up in the same area covered what a season would have cost. Changes in my work mean that, when I do go to London, it's at my employer's expense rather than as a season - which is a boon.9am meetings for me are the exception rather than the norm, but perfectly within the usual rules. It's Friday afternoon meetings which are the big no-no without a really flipping good reason for it.
I would assume they also made a huge difference on the ECML. Retford-London would probably have been just about doable I suspect, maybe even Doncaster if the pay was right. But my lord would it have to be one heck of a pay packet just to cover the season ticket alone. I imagine it would be a lot cheaper, even taking into account "business rates" of mileage, to drive in over taking the train.
Anyone who contemplates driving regularly from Bath to London at the same sort of times as other people must be made of stern stuff!Probably, yes. But even from somewhere like Retford or Bath, I'd wager driving in would be cheaper than a train ticket.
Where I am currently, temporarily near Irlams o'th Height (Salford) where several major roads converge, the traffic around there is horrendous from about 3-6pm during the working week. Eccles and Monton are just as bad, largely because there are at least eight schools within about four square miles so all the parents have to go out in their cars at the same time to take them home, just before the commuter traffic gets going.My daughter was commuting by car to Manchester city centre close to Piccadilly. I went with her once or twice to get train from there to airport when I was living in the USA. I much preferred getting a train from Preston direct to the airport. So it is not just London bound commutes that can be horrendous.