Ever wondered how much of your salary a room in Mayfair would set you back?
Thanks to our new infographic you can find out. It’s a Monopoly board but with the current average cost of renting a room in each location.
Our version of the famous board also tells you what percentage of a Londoner’s average monthly salary you would need to rent in each location, with some scary numbers emerging!
Whereas the most ‘affordable’ Monopoly street to rent in would be Pentonville Road, with rooms available on average for £772 a month, the story is a very different one when you start looking up the Board. Living in Mayfair for instance, would set you back your entire monthly salary if you were on an average wage in London, £34,473 per annum according to the ONS.
Some of London’s most popular areas are now completely out of range for people even on average earnings, with a room to rent in Piccadilly setting you back 91% of your wage and a space on Oxford Street £2,360 per month.
Don’t worry though, cool people don’t live in Piccadilly anyway. Check out our article on the most underrated places to live in London right now for more affordable rents!!
Pearl Lemon Café is a cosy and welcoming coffee shop known for providing excellent service to its diverse clientele. People…
Looking for your ideal home in Manchester? We think we've found it. How does a neighbourhood nestled between two great…
While we at ideal flatmate have our feet firmly on the ground, we do like to have a drink in…
It’s week one of the big hols and if you’re already stuck on how to entertain the kids, ideal flatmate…
Here at ideal flatmate, we like to forward plan. We also like to hope and dream a summer heatwave is…
Major study commissioned by ideal flatmate finds shift in flatsharing attitudes driven by covid pandemic.64% of flatsharers feel uncomfortable living…