It also doesn't take into account space and flexibility needs for a family. It's only equivalent for the least demanding individuals: single, relavitely young p

It also doesn't take into account space and flexibility needs for a family. It's only equivalent for the least demanding individuals: single, relavitely young people. If you want to raise a family, London is easily 500% more expensive than the suburbs (because you need 3-4 bedrooms), and the transport costs are just total loss, since they don't allow you to travel (... together with your family, unless you pay a lot more)