Cost of Living in Merton
London
Borough
Population: 210,000
Average House Price
£551k
+90% vs UK avg (£290k)
Median Salary
£52,028
+33% vs UK avg (£39,039)
Average Rent
£2,321/mo
+93% vs UK avg (£1,200)
Quick Facts
Council Tax£1,962Band D / yr
Energy£151/ mo
Water£35.00/ mo
Broadband£37.00/ mo
Bus Pass£90.00/ mo
House Prices in Merton
0.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£551,000
Detached£1,020,000
Semi-detached£650,000
Terraced£565,000
Flat / Apartment£440,000
House prices in Merton have increased by 0.0% over the past year.
Salaries in Merton
Annual Salary
Median and mean gross annual pay
Median£52,028
Mean£60,060
Median hourly rate£25.57/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£35,490
Upper quartile (75th)£71,925
vs UK National Median (£39,039)
+33.3%
£12,989 above national averageMonthly Cost of Living in Merton
Estimated Monthly Breakdown
What it costs to live in Merton each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £2,321 |
| Housing | Council Tax(Band D, paid over 12 months) | £164 |
| Utilities | Energy(Gas and electricity) | £151 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £37.00 |
| Transport | Transport(Monthly commute estimate) | £233 |
| Food | Groceries(Estimated monthly shop) | £348 |
| Leisure | Leisure(Gym, dining out, entertainment) | £189 |
| Estimated Total | £3,477 |
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 Merton
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 Merton with Another Location
See how the cost of living in Merton stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Merton
- What is the average house price in Merton?
- The average house price in Merton is £551,000, based on HM Land Registry data for 2025-12-01. Detached homes average £1,020,000, while flats and apartments average £440,000. Prices have risen by 0.0% over the past year.
- What is the average salary in Merton?
- The median annual salary in Merton is £52,028, compared to the UK national median of £39,039. This is £12,989 above the national average, making it a higher-earning area. Salaries typically range from £35,490 (lower quartile) to £71,925 (upper quartile).
- How much does it cost to rent in Merton?
- Average monthly rent in Merton is £2,321 per month. Rents have increased by +2.1% over the past year.
- Is Merton an affordable place to live?
- Merton is expensive relative to local earnings. Rent accounts for approximately 54% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,321, while the median annual salary is £52,028 (approximately £4,336 per month before tax).
- How does Merton compare to London?
- The average house price in Merton is £551,000, compared to approximately £551,000 in London.
- Are house prices rising or falling in Merton?
- House prices in Merton are currently rising, with a 0.0% increase over the past year. The current average price of £551,000 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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