How much money does a person working in London make?
5,632 GBP per month
Average Monthly Salary
A person working in London typically earns around 5,632 GBP per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in London | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in London range between 762 GBP per month (minimum salary) to 24,938 GBP per month (maximum salary).
The median salary is 5,857 GBP per month, which means that half (50%) of the population are earning less than 5,857 GBP while the other half are earning more than 5,857 GBP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 2,979 GBP while 75% of them are earning more than 2,979 GBP. Also from the diagram, 75% of the population are earning less than 16,629 GBP while 25% are earning more than 16,629 GBP.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in London
How are London salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +4% |
|Average Salary 2019|| +4% |
Percentage increase and decrease are relative to the previous value
Salaries in London are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||2,685 GBP|
|Biomedical Engineer||4,642 GBP|
|CAD Drafter||4,016 GBP|
|Chartered Accountant||4,572 GBP|
|Chief Executive Officer||12,228 GBP|
|Chief Financial Officer||11,154 GBP|
|Civil Engineer||5,036 GBP|
|Computer Technician||4,144 GBP|
|Creative Director||5,503 GBP|
|Developer / Programmer||4,708 GBP|
|Electrical Engineer||5,038 GBP|
|Elementary School Teacher||3,570 GBP|
|Executive Chef||4,544 GBP|
|Flight Attendant||4,734 GBP|
|General Manager||9,698 GBP|
|Graphic Designer||3,828 GBP|
|Hotel Manager||7,700 GBP|
|Human Resources Manager||7,252 GBP|
|Internal Auditor||5,543 GBP|
|Legal Assistant||3,968 GBP|
|Mechanical Engineer||5,273 GBP|
|Police Officer||4,174 GBP|
|Project Manager||5,783 GBP|
|Sales Manager||8,701 GBP|
|Sales Representative||3,567 GBP|
|Secondary School Teacher||4,372 GBP|
|Travel Agent||4,394 GBP|
|Waiter / Waitress||3,197 GBP|
Average Hourly Wage in London | All Jobs
32 GBP per hour
Average Hourly Wage
The average hourly wage (pay per hour) in London | All Jobs is 32 GBP. This means that the average person in London earns approximatly 32 GBP for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
London VS United Kingdom
We compared salaries in London, England, and United Kingdom and we found that London salaries are 36% less than those of England. We also found out that England salaries are 90% more than those of United Kingdom.
Salary Comparison By City
|Kingston upon Hull||5,263 GBP|
5117 - 1137