Cost of Living in Westminster
London
Borough
Population: 261,000
Average House Price
£517.9k
+79% vs UK avg (£290k)
Median Salary
£54,010
+38% vs UK avg (£39,039)
Average Rent
£2,321/mo
+93% vs UK avg (£1,200)
Quick Facts
Council Tax£2,121Band D / yr
Energy£157/ mo
Water£36.00/ mo
Broadband£41.00/ mo
Bus Pass£93.60/ mo
House Prices in Westminster
+4.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£517,940
Detached£958,800
Semi-detached£611,000
Terraced£531,100
Flat / Apartment£413,600
House prices in Westminster have increased by +4.0% over the past year.
Salaries in Westminster
Annual Salary
Median and mean gross annual pay
Median£54,010
Mean£62,348
Median hourly rate£26.54/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£36,842
Upper quartile (75th)£74,665
vs UK National Median (£39,039)
+38.3%
£14,971 above national averageMonthly Cost of Living in Westminster
Estimated Monthly Breakdown
What it costs to live in Westminster 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) | £177 |
| Utilities | Energy(Gas and electricity) | £157 |
| Utilities | Water | £36.00 |
| Utilities | Broadband | £41.00 |
| Transport | Transport(Monthly commute estimate) | £242 |
| Food | Groceries(Estimated monthly shop) | £348 |
| Leisure | Leisure(Gym, dining out, entertainment) | £197 |
| Estimated Total | £3,518 |
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 Westminster
Monthly Bus Pass
Standard adult monthly bus pass
£93.60
Fuel per Litre
Average petrol price per litre
£1.86
Monthly Commute
Estimated monthly commuting cost
£242
Compare Westminster with Another Location
See how the cost of living in Westminster stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Westminster
- What is the average house price in Westminster?
- The average house price in Westminster is £517,940, based on HM Land Registry data for 2025-12-01. Detached homes average £958,800, while flats and apartments average £413,600. Prices have risen by +4.0% over the past year.
- What is the average salary in Westminster?
- The median annual salary in Westminster is £54,010, compared to the UK national median of £39,039. This is £14,971 above the national average, making it a higher-earning area. Salaries typically range from £36,842 (lower quartile) to £74,665 (upper quartile).
- How much does it cost to rent in Westminster?
- Average monthly rent in Westminster is £2,321 per month. Rents have increased by +2.1% over the past year.
- Is Westminster an affordable place to live?
- Westminster is expensive relative to local earnings. Rent accounts for approximately 52% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,321, while the median annual salary is £54,010 (approximately £4,501 per month before tax).
- How does Westminster compare to London?
- The average house price in Westminster is £517,940, compared to approximately £551,000 in London. Property in Westminster costs around 94% of London prices, making it £33,060 cheaper on average.
- Are house prices rising or falling in Westminster?
- House prices in Westminster are currently rising, with a +4.0% increase over the past year. The current average price of £517,940 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
Nearby Locations
Explore the cost of living in other nearby areas.