Cost of Living in Croydon

London
Borough

Population: 390,000

Average House Price

£523.5k

+81% vs UK avg (£290k)

Median Salary

£49,550

+27% vs UK avg (£39,039)

Average Rent

£2,208/mo

+84% vs UK avg (£1,200)

Quick Facts

Council Tax£2,022Band D / yr
Energy£154/ mo
Water£35.00/ mo
Broadband£32.00/ mo
Bus Pass£85.50/ mo

House Prices in Croydon

0.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01

Average price (all types)

£523,450

Detached£969,000
Semi-detached£617,500
Terraced£536,750
Flat / Apartment£418,000

House prices in Croydon have increased by 0.0% over the past year.

Salaries in Croydon

Annual Salary
Median and mean gross annual pay
Median£49,550
Mean£57,200
Median hourly rate£24.35/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£33,800
Upper quartile (75th)£68,500

vs UK National Median (£39,039)

+26.9%
£10,511 above national average

Monthly Cost of Living in Croydon

Estimated Monthly Breakdown
What it costs to live in Croydon each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£2,208
HousingCouncil Tax(Band D, paid over 12 months)£169
UtilitiesEnergy(Gas and electricity)£154
UtilitiesWater£35.00
UtilitiesBroadband£32.00
TransportTransport(Monthly commute estimate)£221
FoodGroceries(Estimated monthly shop)£331
LeisureLeisure(Gym, dining out, entertainment)£180
Estimated Total£3,330

These figures are estimates based on averages and may vary depending on your lifestyle, property type, and household size. Council tax shown at Band D; your band may differ.

Transport Costs in Croydon

Monthly Bus Pass
Standard adult monthly bus pass

£85.50

Fuel per Litre
Average petrol price per litre

£1.70

Monthly Commute
Estimated monthly commuting cost

£221

Compare Croydon with Another Location

See how the cost of living in Croydon stacks up against other UK cities and towns.

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Frequently Asked Questions About Living in Croydon

What is the average house price in Croydon?
The average house price in Croydon is £523,450, based on HM Land Registry data for 2025-12-01. Detached homes average £969,000, while flats and apartments average £418,000. Prices have risen by 0.0% over the past year.
What is the average salary in Croydon?
The median annual salary in Croydon is £49,550, compared to the UK national median of £39,039. This is £10,511 above the national average, making it a higher-earning area. Salaries typically range from £33,800 (lower quartile) to £68,500 (upper quartile).
How much does it cost to rent in Croydon?
Average monthly rent in Croydon is £2,208 per month. Rents have increased by +1.1% over the past year.
Is Croydon an affordable place to live?
Croydon is expensive relative to local earnings. Rent accounts for approximately 53% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,208, while the median annual salary is £49,550 (approximately £4,129 per month before tax).
How does Croydon compare to London?
The average house price in Croydon is £523,450, compared to approximately £551,000 in London. Property in Croydon costs around 95% of London prices, making it £27,550 cheaper on average. Rent is also more affordable, at £2,208 per month versus approximately £2,253 in London.
Are house prices rising or falling in Croydon?
House prices in Croydon are currently rising, with a 0.0% increase over the past year. The current average price of £523,450 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.

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