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London vs Cambridge

Salary, take home pay, and cost of living compared.

London
£44,000
avg salary
£2,933/mo
vs
Cambridge
£38,000
avg salary
£2,573/mo
£2,200
Avg Rent (1 bed)
£1,400
£733
After Rent
£1,173
100/100
Cost of Living Index
82/100

The Verdict

Although London pays £6000 more on average, higher rent and living costs mean you actually have less disposable income in London (£733/month vs £1173/month after rent).

See salary breakdowns: London · Cambridge

Cost of Living: London vs Cambridge

The cost of living differences between London and Cambridge are significant. Average rent for a one-bedroom flat is approximately £1600/month in London versus £1100/month in Cambridge — meaning London is £500/month more expensive for renters. Average house prices are approximately £520,000 in London versus £450,000 in Cambridge. For property buying, see mortgage affordability calculator.

Salary Comparison

The median salary in London is approximately £39,716 compared to £33,000 in Cambridge. London salaries are typically £6,716 higher, but this must be weighed against the higher cost of living. After accounting for rent differences, the salary advantage translates to approximately £59/month more disposable income in London.

Key Industries

London is strong in financial services, technology, media, legal. Cambridge excels in biotech, technology, research, education. Your career sector may determine which city offers better opportunities regardless of headline salary figures. See London salary guide and Cambridge salary guide for more detail.

Calculate your take home in either city

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Changing Jobs This Tax Year?

Thinking about moving on? The PAYE side of changing employer is small, but getting it wrong costs real money for a few months.

What is a P45? Every box on the form, explained →What is a P60, and how is it different from a P45? →How tax codes work — what the letters and numbers mean →How to reclaim emergency tax →