Anonymous wrote:Do the math before you jump ship. And definitely compare apples to apples. ICYMI: everything you google about cost of living or groceries in London vs NYC neglects to do the conversion. When you do the math, you’ll see the groceries are actually about the same—but your salary will be a heckuva lot less.
Presumably the op isn’t planning to live in London forever, so things like healthcare and saving for college aren’t as relevant. (Although how easy will it be to save for college and retirement on a lower salary in the UK if you ultimately plan to come back to the US?).
Anonymous wrote:Adult DS lives in London now, coming from DC and is shocked how cheap almost everything is. Notable exceptions are gas and heat.
But day to day things like groceries, clothing, toiletries, tickets to plays/concerts, alcohol, etc are much less. Medical care is essentially free. Rent is par for a like-kind neighborhood (though the flat itself isn’t as luxury, like PP said)
Uber is cheaper- I assume coming from NYC You wouldn’t try owning a car anyway.
The tax situation can be complicated, depending on whether you are an expert or a UK passport holder I am told that citizens of the UK pay a whole lot more in taxes than someone like my DS
Anonymous wrote:Be prepared for a tiny, old, far from luxurious existence. No car. No frills.
Americans are accustomed to an upper middle class lifestyle that is very different from the typical London lifestyle.
Don’t make the move unless you are ready to dramatically adjust your expectations.
Anonymous wrote:Anonymous wrote:Adult DS lives in London now, coming from DC and is shocked how cheap almost everything is. Notable exceptions are gas and heat.
But day to day things like groceries, clothing, toiletries, tickets to plays/concerts, alcohol, etc are much less. Medical care is essentially free. Rent is par for a like-kind neighborhood (though the flat itself isn’t as luxury, like PP said)
Uber is cheaper- I assume coming from NYC You wouldn’t try owning a car anyway.
The tax situation can be complicated, depending on whether you are an expert or a UK passport holder I am told that citizens of the UK pay a whole lot more in taxes than someone like my DS
Does your kid understand the conversion rate? GBP is stronger than USD ($1.25 usd equals 1 GBP). So it might seem cheaper but it really isn’t.
London is very expensive. Always has been.
When I travel there for business and stay in the business district (away from the tourist areas where everything is marked up), prices are typical city prices (like nyc)—which is still quite costly.
Anonymous wrote:Coming from nyc, thinking of a move to London.
However, the very low salaries despite them being from jobs at top companies that would pay 4x as much here in US.
How are they so low and how do people get by in London like this, despite being up in their career?
Anonymous wrote:Anonymous wrote:Adult DS lives in London now, coming from DC and is shocked how cheap almost everything is. Notable exceptions are gas and heat.
But day to day things like groceries, clothing, toiletries, tickets to plays/concerts, alcohol, etc are much less. Medical care is essentially free. Rent is par for a like-kind neighborhood (though the flat itself isn’t as luxury, like PP said)
Uber is cheaper- I assume coming from NYC You wouldn’t try owning a car anyway.
The tax situation can be complicated, depending on whether you are an expert or a UK passport holder I am told that citizens of the UK pay a whole lot more in taxes than someone like my DS
Does your kid understand the conversion rate? GBP is stronger than USD ($1.25 usd equals 1 GBP). So it might seem cheaper but it really isn’t.
London is very expensive. Always has been.
When I travel there for business and stay in the business district (away from the tourist areas where everything is marked up), prices are typical city prices (like nyc)—which is still quite costly.
Anonymous wrote:Adult DS lives in London now, coming from DC and is shocked how cheap almost everything is. Notable exceptions are gas and heat.
But day to day things like groceries, clothing, toiletries, tickets to plays/concerts, alcohol, etc are much less. Medical care is essentially free. Rent is par for a like-kind neighborhood (though the flat itself isn’t as luxury, like PP said)
Uber is cheaper- I assume coming from NYC You wouldn’t try owning a car anyway.
The tax situation can be complicated, depending on whether you are an expert or a UK passport holder I am told that citizens of the UK pay a whole lot more in taxes than someone like my DS
Anonymous wrote:Adult DS lives in London now, coming from DC and is shocked how cheap almost everything is. Notable exceptions are gas and heat.
But day to day things like groceries, clothing, toiletries, tickets to plays/concerts, alcohol, etc are much less. Medical care is essentially free. Rent is par for a like-kind neighborhood (though the flat itself isn’t as luxury, like PP said)
Uber is cheaper- I assume coming from NYC You wouldn’t try owning a car anyway.
The tax situation can be complicated, depending on whether you are an expert or a UK passport holder I am told that citizens of the UK pay a whole lot more in taxes than someone like my DS