Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

London

United Kingdom

COL index 87.6

vs
Paris

France

COL index 76.3

London vs Paris — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Paris is 12.9% cheaper than London for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for salary
Better for cost
LondonMetricParisΔ
87.6Cost of living index76.3-12.9%
€50,000Median gross salary€50,0000.0%
€37,714Net at €50,000 gross€34,014-9.8%
€2,450Rent — 1BR centre€1,980-19.2%
€3,333Monthly COL (single)€2,730-18.1%
€43,053PPP — net / COL€44,579+3.5%
24.6%Effective tax @ €50,00032.0%+30.1%
§ 02

Monthly expenses — paired

London Paris
Rent — 1BR centre
London
€2,450
Paris
€1,980
Groceries
London
€360
Paris
€380
Utilities
London
€240
Paris
€200
Transport
London
€200
Paris
€88
Internet
London
€33
Paris
€40
Gym
London
€50
Paris
€42
§ 03

Salary equivalence

50,000 gross in United Kingdom = €3,143 net monthly.

To have the same purchasing power in Paris, you would need roughly €47,866 gross in France (≈ €2,737 net monthly, adjusted for cost-of-living index).

€50,000
London
€37,714
Net annual · 24.6% effective
PPP-adjusted equivalent
€43,053
Paris
€34,014
Net annual · 32.0% effective
PPP-adjusted equivalent
€44,579
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§ 04

Pros & cons

London
  • High cost of living (index 88)
  • +Favourable tax rate (24.6%)
  • High rent-to-income ratio (78.0%)
Paris
  • +Lower rent (€1,980 vs €2,450)
  • High cost of living (index 76)
  • High rent-to-income ratio (69.9%)
§ 05

The verdict

Across the data, London delivers a higher take-home on a €50,000 gross salary; Paris carries a lower cost-of-living index; London has the lighter effective tax burden; Paris wins on purchasing power after costs are netted out. If purchasing power is your north star, Paris edges it.

§ 06

Frequently asked

Is London cheaper than Paris?+

Paris is cheaper. Cost-of-living index: London 87.6, Paris 76.3 — a 12.9% difference (Q1 2026).

What is the cost of living difference between London and Paris?+

London sits at 87.6 on our COL index, Paris at 76.3. That works out to roughly 12.9% — Paris being the cheaper of the two.

Is London a good place to live compared to Paris?+

It depends on priorities. London delivers €37,714 net on a €50,000 gross salary at a 24.6% effective tax rate. Paris delivers €34,014 at 32.0%. Centre 1-bed rent: €2,450 vs €1,980.

How do salaries compare in London vs Paris?+

On a €50,000 gross salary, take-home is €37,714/year (€3,143/month) in London and €34,014/year (€2,834/month) in Paris.

Which city has lower taxes, London or Paris?+

United Kingdom has the lower effective rate at €50,000: United Kingdom 24.6%, France 32.0%.

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