The Student Room Group

Is it possible to live in London with 20k per year?

I have just received an offer from LiDo DTP and I was wondering if it’s possible to live in London with the fellowship. I would appreciate informations regarding the real living cost.

I don’t have any other income source.
Original post by lavimitiko
I have just received an offer from LiDo DTP and I was wondering if it’s possible to live in London with the fellowship. I would appreciate informations regarding the real living cost.
I don’t have any other income source.
Wondering the same...got a fully funded offer from KCL but soon became disheartened when I figured out one might have to spend nearly a half of the stipend on the rent. So gloomy
Original post by lavimitiko
I have just received an offer from LiDo DTP and I was wondering if it’s possible to live in London with the fellowship. I would appreciate informations regarding the real living cost.
I don’t have any other income source.

you can easily live in London with 20k if that money is all for living costs. rent in central London is usually around 1000/1200 a month but that can get lower if you live in a house with 3-5 people instead of 1-2. excluding rent I usually budget for around £150-200 a week for food and other costs, but again that can be lower if needed.
Reply 3
Possible, yes. But it would be a miserable life. Personally I would only do it if I were really, really interested in the opportunity on offer, and if there was a clear end date to the misery, and a plan for a more prosperous life after.

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