Underrepresented London
According to Zoopla, the average monthly rent in London as of April 2024 is £2,121. Council tax, internet, water and energy bills are usually on top of this and have increased significantly in the last two years. The average monthly income after tax is £2,902.50. This means most renters spend well over 2/3 of their income on rent and utility bills, with other costs like train fares and groceries many are left with very little disposable income each month.
Source: thestandard.org.nz
