Cost of Living in Lambeth
London
Borough
Population: 318,000
Average House Price
£606.1k
+109% vs UK avg (£290k)
Median Salary
£47,073
+21% vs UK avg (£39,039)
Average Rent
£2,005/mo
+67% vs UK avg (£1,200)
Quick Facts
Council Tax£1,843Band D / yr
Energy£147/ mo
Water£34.00/ mo
Broadband£37.00/ mo
Bus Pass£90.00/ mo
House Prices in Lambeth
0.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£606,100
Detached£1,122,000
Semi-detached£715,000
Terraced£621,500
Flat / Apartment£484,000
House prices in Lambeth have increased by 0.0% over the past year.
Salaries in Lambeth
Annual Salary
Median and mean gross annual pay
Median£47,073
Mean£54,340
Median hourly rate£23.13/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£32,110
Upper quartile (75th)£65,075
vs UK National Median (£39,039)
+20.6%
£8,034 above national averageMonthly Cost of Living in Lambeth
Estimated Monthly Breakdown
What it costs to live in Lambeth each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £2,005 |
| Housing | Council Tax(Band D, paid over 12 months) | £154 |
| Utilities | Energy(Gas and electricity) | £147 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £37.00 |
| Transport | Transport(Monthly commute estimate) | £233 |
| Food | Groceries(Estimated monthly shop) | £327 |
| Leisure | Leisure(Gym, dining out, entertainment) | £189 |
| Estimated Total | £3,126 |
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 Lambeth
Monthly Bus Pass
Standard adult monthly bus pass
£90.00
Fuel per Litre
Average petrol price per litre
£1.79
Monthly Commute
Estimated monthly commuting cost
£233
Compare Lambeth with Another Location
See how the cost of living in Lambeth stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Lambeth
- What is the average house price in Lambeth?
- The average house price in Lambeth is £606,100, based on HM Land Registry data for 2025-12-01. Detached homes average £1,122,000, while flats and apartments average £484,000. Prices have risen by 0.0% over the past year.
- What is the average salary in Lambeth?
- The median annual salary in Lambeth is £47,073, compared to the UK national median of £39,039. This is £8,034 above the national average, making it a higher-earning area. Salaries typically range from £32,110 (lower quartile) to £65,075 (upper quartile).
- How much does it cost to rent in Lambeth?
- Average monthly rent in Lambeth is £2,005 per month. Rents have increased by +0.1% over the past year.
- Is Lambeth an affordable place to live?
- Lambeth is expensive relative to local earnings. Rent accounts for approximately 51% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,005, while the median annual salary is £47,073 (approximately £3,923 per month before tax).
- How does Lambeth compare to London?
- The average house price in Lambeth is £606,100, compared to approximately £551,000 in London. Property in Lambeth is £55,100 more expensive than the London average. Rent is also more affordable, at £2,005 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Lambeth?
- House prices in Lambeth are currently rising, with a 0.0% increase over the past year. The current average price of £606,100 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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