Looking for a fresh start in a new London neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in London for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 23,760
-6%
Cost of Living Index 103 vs 109
6% lower than London
Population 5,510
-6%
Cost of Living Index 103 vs 109
6% lower than London
Population 18,783
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 25,055
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 1,846
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 14,714
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 19,491
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 826
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 11,891
-5%
Cost of Living Index 103 vs 109
5% lower than London
Population 25,144
-5%
Cost of Living Index 104 vs 109
5% lower than London