janisj

Oh -- that London vs. SF comparison doesn't count the cost of transatlantic airfare vs. hopping in my mini and tooling down I-80 (or taking Amtrak).

PalenQ

janisj - how does the cost of duplex in the UK compare with it in SF - it's fairly pricey up here in de North Woods? How can I cut costs on paint in the UK? ASDA?

bilboburgler

Really. Guys!

PalenQ

Really. Guys!>

It's all in fun at least on my part. I admire janisj's intense knowledge of London and the UK and she is a valued resource who has helped a slew of folks plan their British holidays and save money - even if it is saving money on high-ended things at times it's still saving money.

Tulips

People always assume everyone on Fodors is American.
It is true that hotels are expensive in London. But restaurants, shopping, sightseeing are generally cheaper than in Belgium, where I live. A Starbucks tall cappucino in Antwerp is 3.75 euros, in London it's 2.15 pounds. You can find restaurant menus for 12 or 13 pounds. Places like Boots are a lot cheaper than pharmacies in Belgium. I buy French beauty products from Boots, as they are much cheaper than in my home town.
Belgium is ranked higher in cost of living than the UK. The high taxes on wages in Belgium are one reason for that.

My point is; all these people complaining about how expensive London is. It's not true, from my perspective. And if it is true from your perspective, then don't visit. Do your research in advance; decide if it's worth it for you. There are lots of ways to save money. Judging from the amounts of tourists I see in London, it is worth it for many people.

PalenQ

With the British Pound reaching new heights recently - about $1.70 to the $ last time I looked which means about $1.73 effective exchange rate plus any fees your bank ATM or credit card may impose - London is correspondingly more expensive than it was last year or the years before.

Some things in London do indeed seem cheap - like West End Theatre shows I believe are much cheaper than on Broadway but really for someone on the trip of a lifetime for a week or so what difference does it really make?

Now those poor soles who have to live in the U.K.......

Gordon_R

>>With the British Pound reaching new heights recently - about $1.70 to the $ last time I looked which means about $1.73 effective exchange rate plus any fees your bank ATM or credit card may impose - London is correspondingly more expensive than it was last year or the years before. <<

>>Now those poor soles [sic] who have to live in the U.K.......<<

Huh? What you seem to have missed here is that people who live in the UK <b>are paid in GBP</b>, so are not affected (at least not directly) by the change in the UK/US exchange rate. Except of course when they go on a summer holiday to Florida, when they have much greater spending power than a few years ago - the opposite of what US visitors find when they come to the UK right now.

PalenQ

So the UK does not import a significant amount of goods from dollar and euro using countries?

Gordon_R

>>So the UK does not import a significant amount of goods from dollar and euro using countries?<<

Yes... and it also exports lots of goods to dollar and Euro countries. But you are now conflating the macro-economic effects due to balance of trade with the effects of exchange rate fluctuations on an individual's purchasing power in a foreign country. Two completely different things.

bilboburgler

Its made even harder now that the US and Japan are having a race to the bottom with their currency to stimulate demand and get inflation going.

jamikins

We have more disposable income living in London than we did in Vancouver - groceries are cheaper, wine and beer are cheaper...and our mortgage is about the same. When you make GBP and don't frequent touristy restaurants etc London is more affordable for us than Vancouver was.