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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Take what you would spend in DC in $, replace the dollar sign with a £ sign, then convert back to USD at the current exchange rate.

So, if a Big Mac is $4.00, change to £4.00 and multiply by 1.66 to get $6.64. [/quote]

Frequent traveler here. That method is surprisingly accurate.

We just use the US Gov't per diem rate though. It's $193 for London:
http://aoprals.state.gov/web920/per_diem_action.asp?MenuHide=1&CountryCode=1114
[/quote]

Totally agree.  We just came back from London and the prices of food in restaurants if they had been posted in dollars instead of pounds would have been the same in the US.   I would plan to use something higher than 1.66 for exchange.  When we got money from our ATM while we were there last week was exchanged at 1.75 or more.  The exchange rate on our credit cards was about 1.68.[/quote]

We also just returned from London and found this to be true. Having a credit card with no foreign transaction fees helps reduce the sting a little bit, too. [/quote]

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