Salaries in London (2026)

$London pays a 1.28× UK-median salary across the roles tracked on this site, with a cost-of-living index of 143 and headline unemployment of 5.2%.

Average median salary£66,560
Pay multiplier1.28×
Cost-of-living index143
Average 1-bed rent£1,950/mo
Unemployment5.2%
RegionGreater London

The London employer mix and what it means for pay

London sits in Greater London with a working population shaped by HSBC, Barclays, Deloitte, Google UK. The local employer mix is what moves median pay relative to the rest of the UK — a city anchored by financial services, pharma or large public-sector employers tends to pull up white-collar salaries, while cities with a tourism or retail-heavy mix run closer to the national floor.

The highest-paid job on this site for London is GP at £134,400 median. That's a useful ceiling figure: it tells you what a senior, in-demand role looks like in this labour market. Roles further down the table earn less in absolute terms but, after factoring in cost of living (London's index is 143 versus the UK 100), they often deliver competitive real disposable income.

Cost of living, rent and salary negotiation in London

A one-bed flat in London rents for around £1,950 per month, and the wider cost-of-living index of 143 (UK = 100) means residents face a noticeable cost-of-living premium that needs to be priced into any offer. For comparison, a one-bed in Cambridge averages £1,550 and in Oxford £1,575. Unemployment in London runs at 5.2%, which gives a rough read on labour-market tightness — under 4% generally implies employer-side competition for skilled hires; over 5% tilts toward employer pricing power.

The practical implication for salary negotiation: in London, a salary that lands in the lower quartile of UK figures is usually only competitive if it's offset by a meaningfully lower cost base. Use the cost-of-living-adjusted figures on individual job pages to compare offers across cities on a like-for-like basis rather than nominal pounds.

Most in-demand jobs in London

The roles below combine strong pay with a high or rising hiring outlook in the UK labour market — the kind of jobs where employers are typically chasing candidates rather than the other way round.

All London salaries by job title

Job title Category Lower Median Upper
GP Healthcare £108,800 £134,400 £172,800
Investment Banker Finance £76,800 £108,800 £179,200
Barrister Legal £57,600 £96,000 £172,800
Financial Controller Finance £74,240 £96,000 £125,440
Risk Manager Finance £64,000 £87,040 £117,760
Product Manager Technology £61,440 £83,200 £112,640
DevOps Engineer Technology £56,320 £74,240 £99,840
Solicitor Legal £53,760 £74,240 £108,800
Project Manager Construction £53,760 £70,400 £96,000
Site Manager Construction £53,760 £70,400 £92,160
Compliance Officer Legal £48,640 £66,560 £92,160
Quantity Surveyor Construction £51,200 £66,560 £87,040
Software Engineer Technology £48,640 £66,560 £92,160
Architect Construction £46,080 £61,440 £83,200
Financial Analyst Finance £46,080 £61,440 £83,200
Marketing Manager Marketing £46,080 £61,440 £83,200
Pharmacist Healthcare £48,640 £61,440 £76,800
Structural Engineer Construction £46,080 £61,440 £83,200
Brand Manager Marketing £44,800 £57,600 £76,800
Paid Media Manager Marketing £43,520 £57,600 £74,240
SEO Manager Marketing £43,520 £57,600 £76,800
UX Designer Technology £43,520 £57,600 £76,800
Accountant Finance £40,960 £53,760 £74,240
Radiographer Healthcare £40,960 £51,200 £64,000
Content Manager Marketing £37,120 £48,640 £64,000
Data Analyst Technology £38,400 £48,640 £64,000
Physiotherapist Healthcare £38,400 £48,640 £61,440
Nurse Healthcare £36,480 £44,800 £54,400
Paralegal Legal £29,440 £35,840 £44,800
Legal Secretary Legal £28,160 £33,280 £40,960

Major employers in London with published salary data

The companies below either headquarter in London or list it as part of their UK employer profile. Each links through to role-level salary bands at that company.

Cities near London

If you're comparing London against neighbouring labour markets — for commuting reach, relocation or remote-hybrid trade-offs — these cities sit closest in pay and geography.

Frequently asked questions

What is the average salary in London?

Across the 30 job titles tracked on this site, the average median pay in London is £66,560. The highest-paid role is GP at £134,400 median; the lowest is Legal Secretary at £33,280. London's pay multiplier is 1.28× the UK national median.

What's the cost of living like in London?

London's cost-of-living index is 143 (UK average = 100). A one-bed flat rents for around £1,950 per month. Use the cost-of-living-adjusted figures on individual job pages to compare offers in real purchasing-power terms rather than nominal pay.

Who are the major employers in London?

HSBC, Barclays, Deloitte, Google UK, Unilever are among the largest employers in London. They tend to set the floor for white-collar pay locally — smaller firms often benchmark their offers against this group, while specialist or in-demand roles can command a premium above the local market.

What's the unemployment rate in London?

Unemployment in London runs at around 5.2%. As a rough rule of thumb, sub-4% means employers compete for skilled hires (which favours candidates on pay); above 5% tilts pricing power back to employers and tends to slow real-wage growth.