London can be very expensive when spending dollars or rand. The key is to earn English pounds as quickly as possible.

You should allow plenty of money to get yourself settled in the first couple of weeks. The big living expense is accommodation, and we have covered this previously.

Check out latest exchange rates at www.x-rates.com

Cost of Living

Food and entertainment costs vary depending on personal preferences. Be aware that a pint of lager is approximately GBP2.50; a glass of wine is GBP2.20 at a typical pub. Generally, the closer to the central night spots the more expensive the food and drink.

As London becomes increasingly cosmopolitan, there is a huge amount of choice when it comes cuisine. Prices vary accordingly, and like home, the best value for money grocery shopping is done at your local supermarket, there are plenty of them.

There are plenty of reasonably priced restaurants and fast food outlets. Thai, Indian and Chinese restaurants are very good value.

Below is a list of everyday grocery items and prices that should give an estimate of the food costs in London. (NB: These prices may vary)

Milk (1 litre) £0.70, Bread (sliced white loaf) £0.70, Eggs (half dozen) £0.85, Baked beans (can) £0.35

Chicken (medium sized) £3.00, Mince (small packet) £1.60, Cheese (small packet) £1.60, Butter (250g) £0.65, Plain rice (1kg) £1.25, Corn Flakes (250g) £1.60, Spaghetti (500g) £0.75, Soup (can) £0.65, Margarine (500g) £1.50, Potatoes (1.5kg) £1.25, Onions (1lb) £0.65, Tomatoes (1lb) £0.70, Orange juice (3l) £3.00, Coffee (100g) £1.60, Tea bags (50 bags) £1.35, Toilet paper (4 rolls) £2.50

The British Currency

Britain uses the pound sterling as its currency. The denominations of pounds are as follows:

Notes/Bills

Coinage

£50.00

£2.00

£20.00

£1.00

£10.00

50 pence

£5.00

20 pence

 

10 pence

 

5 pence

 

2 pence

 

1 pence

100pence = £1.00