City guide · Figures as of 23 Oct 2026
What a job in London really pays per hour
At the typical local salary of £49,692, a full-time office job you reach by public transit pays £14.83 for each hour it actually takes, not the £25.48 the salary suggests. Done fully remotely, the same job pays £19.76 an hour.
The local figures
| Typical salary | £49,692 a year (median full-time pay for London workplaces, April 2025) |
|---|---|
| Effective tax rate | 20.9% at that salary |
| Public transit | £7.20 a day in Zone 1–2 peak Tube fares, 100 minutes round trip |
| Driving | £20.90 a day in fuel & congestion charge, plus £26.00 parking; 70 minutes round trip |
| Other job costs | About £40 a week at five office days and £15 when remote (estimates) |
Every figure is sourced at the bottom of this page.
Four ways to do the same job
The same salary and 37.5 paid hours a week, with no unpaid overtime. Only where you work and how you get there change.
| Setup | Real hourly wage | Job costs a year | Commuting a year |
|---|---|---|---|
| Office five days, by transit | £14.83 | £3,952 | 433 hours |
| Office five days, by car | £11.11 | £14,274 | 303 hours |
| Office two days, by transit | £17.55 | £2,049 | 173 hours |
| Fully remote | £19.76 | £780 | 0 hours |
Commuting by transit five days a week costs £1,872 a year in fares and takes 433 hours, about 54 eight-hour days. Going in two days a week instead gives back 260 hours and lifts the real wage to £17.55.
Driving instead of taking transit costs £10,322 more a year and gives back 130 hours, so the real wage by car is lower: £11.11 against £14.83 by transit.
What an office job here has to pay
For a five-day office job reached by transit to pay as much per hour as a fully remote job at £49,692, it would need a salary of about £64,526: £14,834, or 30%, more. By car, it would need about £74,328.
This uses the same effective tax rate for both salaries. Extra salary is usually taxed at a higher marginal rate, so the real break-even is somewhat higher. How the break-even salary works.
Where these numbers come from
- Salary £49,692: median full-time pay for London workplaces, April 2025 · ONS ASHE 2025
- Tax 20.9%: 2026/27 income tax + 8% National Insurance · UK 2026/27 rates
- Transit £7.20/day: 2 × £3.60 Zone 1–2 peak fares (daily cap £8.90) · Tube fare tracker
- Transit 100 min round trip: 50 min average one-way transit commute · Moovit 2024
- Drive £20.90/day: £2.90 fuel for 12 miles at £1.739/L (UK petrol, week to 18 Oct 2026) plus the £18 congestion charge · UK petrol, 18 Oct 2026, £18 congestion charge, TomTom 2025, EPA Automotive Trends
- Parking £26.00/day: £130 a week (season ticket at a City of London car park) ÷ 5 workdays · City car parks
- Drive 70 min round trip: 35 min for TomTom’s 6-mile rush-hour benchmark trip · TomTom 2025
Figures are in GBP. Round-trip times are average one-way commutes doubled. Driving assumes 14.4 miles each way at 27.2 miles per gallon unless noted. The methodology explains the method and its limits.
Other cities
- New YorkOffice by transit $22.96/hr · remote $29.58/hr
- San FranciscoOffice by transit $27.19/hr · remote $34.48/hr
- ChicagoOffice by transit $21.14/hr · remote $26.93/hr
- AustinOffice by transit $23.24/hr · remote $29.02/hr
- the USOffice by transit $21.63/hr · remote $27.34/hr
- TorontoOffice by transit $20.72/hr · remote $27.60/hr
- VancouverOffice by transit $20.09/hr · remote $27.50/hr