Rent
It may be cheaper to get around in New York, but housing will cost you significantly more. The average monthly rent for a one-bedroom apartment in New York is $2,698. In London, it’s $2,003. Not surprisingly, living with roommates is going to be way cheaper than going solo, SpareRoom notes.
In New York, you’re also “less likely to get any outside space for your money,” SpareRoom reports. Only 31% of renters have outdoor space, compared to 70% in London.
Going out
A night out on the town, from a beer to a three-course dinner, will generally cost a bit more in New York.
Groceries
New Yorkers shell out double the amount of money on essential groceries like milk, eggs and water.
Coffee and soda
Expect to pay about $5 for a latte or cappuccino in New York. The prices in London are a bit more reasonable, but still far from a bargain.