It’s no great secret that London is significantly wealthier than much of the rest of the UK. Not only do we have some of the highest rents and Britain’s first neighbourhood with an average income of £100,000, our city even has its own higher Living Wage.
And now a new study has confirmed all that once again. In October employment site Adzuna scoured over a million job vacancies in postcodes across the UK, ranking them all by average salary in order to reveal the highest-paying places in the country.
In perhaps the least surprising news of the year, EC in the City of London was named the UK’s highest-paying postcode. This particular area of London’s financial hub apparently has an average advertised pay of £56,497.
Equally unsurprising was just how many London postcodes featured in Adzuna’s ranking, with the city taking the top five spots in the list. SW came second with an average of £45,106, SE came third with £42,452, WC was fourth with £39,117 and W came fifth with £38,853.
It’s worth mentioning, obviously, that these are massive postcode areas. Adzuna’s ranking didn’t dive into different postcodes within EC (like EC1, EC2 etc) or any of the others in the ranking.
London’s less expensive side with Time Out
London is a fabulous place to live, but the city’s expensive side can certainly make things difficult. We at Time Out have guides for all kinds of budgets – and we can help you make the most of the city without splashing the cash. Check out our list of the 50 best things to do in the city for £5 or less, the finest cheap eats and our best recommendations for free art.
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