Cost of Living
To give you an idea of how much things cost in and around London, we've compiled a few common expenses on this page. A few of these numbers are courtesy of WorkGateways.
Please note that all figures listed are based on averages and should only be used as a rough guideline. Last updated Q1 2012.
Income Tax and National Insurance
Splash Damage operates under the PAYE scheme, so income tax and National Insurance will be automatically taken out of your paycheck every month.
|Basic Income Tax Rate (20%)||£0 - £34,370|
|Higher Income Tax Rate (40%)||£34,371 - £150,000|
|Additional Income Tax Rate (50%)||Over £150,000|
|National Insurance||12% of Gross Salary|
All figures based on 2012 - 2013 Tax Year and taken from http://www.hmrc.gov.uk/rates/taxes-ni.htm.
|1 bedroom apartment||£750 (+ Utilities and Council Tax)|
|3 bedroom house-sharing||£400 (+ Utilities and Council Tax)|
For a more detailed breakdown including Council Tax figures, please check out the Finding a Place to Live section.
Television and Internet
|Monthly TV License Fee||£15|
|Monthly Broadband Connection||£20|
Food and Drink
|Weekly Grocery Bill (based on 2 people)||£70|
|Pub Meal||£6 - £10|
|Restaurant Meal||£12 - £20|
|Pint of Beer||£3 - £4|
|Dinner for Two (mid-priced restaurant)||£45|
Going Out and Entertainment
|Movie Ticket||£8 - £12|
|Club/Pub Cover Fee||£5 - £20|
|New DVD Release||£8 - £15|
|New Blu-Ray Release||£10 - £20|
|New Game Release||£30 - £45|