London Market Data
Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in London.
About London
Europe’s leading financial center. Salaries typically include a "London weighting" to offset housing costs.
London represents a primary financial and business hubin United Kingdom, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.
Key Market Indicators
Index score (100 = global average)
Housing cost indicator
Estimated professional median
Tax System in United Kingdom
The UK fiscal system operates on a progressive scale governed by HMRC. Income tax is supplemented by National Insurance contributions, which fund state benefits and the NHS.
Example Calculation
For a professional earning £48,500 annually in London:
Popular Salary Benchmarks
Explore compensation data for key roles in London
AI Engineer
AIEstimated base salary
Machine Learning Researcher
AIEstimated base salary
Product Manager
TechEstimated base salary
Fintech Product Manager
TechEstimated base salary
Data Engineering Manager
TechEstimated base salary
Data Scientist
TechEstimated base salary
Solutions Architect
TechEstimated base salary
Blockchain Architect
TechEstimated base salary
DevOps Engineer
TechEstimated base salary
Site Reliability Engineer
TechEstimated base salary
Cybersecurity Director
TechEstimated base salary
UX Designer
TechEstimated base salary
Investment Banker
FinanceEstimated base salary
Private Equity Associate
FinanceEstimated base salary
Hedge Fund Analyst
FinanceEstimated base salary
Portfolio Manager
FinanceEstimated base salary
Quantitative Researcher
FinanceEstimated base salary
Venture Capital Partner
FinanceEstimated base salary
Wealth Manager
FinanceEstimated base salary
Chief Financial Officer
ExecutiveEstimated base salary
Compare with Similar Markets
Dublin
The Silicon Valley of Europe. Home to EMEA headquarters of Google, Meta, and Apple, driving high tech wages.
Berlin
Germany’s startup capital, known for moderate living costs relative to other European capitals.
Munich
An industrial and tech powerhouse with the highest cost of living and salary standards in Germany.
Frankfurt
The Eurozone’s banking seat with outsized compensation in finance, law, and consulting.
Paris
Continental Europe’s primary business district hosts major banking and luxury headquarters.
Amsterdam
A key trading hub. The "30% ruling" offers significant tax advantages for qualifying foreign specialists.