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London is the UKs capital city, and largest most wealthy city. It’s cost of living in more-or-less on par with cities like New York and San Francisco. It’s sub

London is the UKs capital city, and largest most wealthy city. It’s cost of living in more-or-less on par with cities like New York and San Francisco. It’s substantially higher than the rest of the UK, and minimum wage in London has generally been higher than the rest of the UK (either in law, or as a de-facto standard, with companies paying a “London bonus”)

alephnerd 2y ago
> It’s cost of living in more-or-less on par with cities like New York and San Francisco More like Chicago in my limited experience, but the pre-tax salaries are way lower in London than for similar roles in the US. I never understood how people can afford to live in London by the late 2010s/early 2020s. > It’s substantially higher than the rest of the UK, and minimum wage in London has generally been higher than the rest of the UK (either in law, or as a de-facto standard, with companies paying a “London bonus”) Ofc, I'm just assuming London used to be relatively cheaper 20+ years ago and the cost of living ratio was not as bad then compared to today. Like Tower Hamlets seemed to have only started gentrifying in the early 2000s.