Cost of Living in Kensington and Chelsea
Average House Price
£622.6k
+115%vs UK avg (£290k)
Median Salary
£48,559
+24%vs UK avg (£39,039)
Average Rent
£2,343/mo
+95%vs UK avg (£1,200)
Quick Facts
Council Tax
£1,823
Band D / yr
Energy
£146
/ mo
Water
£34.00
/ mo
Broadband
£40.00
/ mo
Bus Pass
£92.70
/ mo
Housing
House Prices in Kensington and Chelsea
Average price (all types)
£622,630
House prices in Kensington and Chelsea have increased by +3.0% over the past year.
Salaries
Salaries in Kensington and Chelsea
vs UK National Median (£39,039)
Monthly costs
Monthly Cost of Living in Kensington and Chelsea
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £2,343 |
| Housing | Council Tax | £152 |
| Utilities | Energy | £146 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £40.00 |
| Transport | Transport | £239 |
| Food | Groceries | £324 |
| Leisure | Leisure | £195 |
| Estimated Total | £3,473 |
These figures are estimates based on averages and may vary depending on your lifestyle, property type, and household size. Council tax shown at Band D; your band may differ.
Transport
Transport Costs in Kensington and Chelsea
£92.70
£1.84
£239
Compare
Compare Kensington and Chelsea with Another Location
See how the cost of living in Kensington and Chelsea stacks up against other UK cities and towns.
FAQ
Frequently Asked Questions About Living in Kensington and Chelsea
- What is the average house price in Kensington and Chelsea?
- The average house price in Kensington and Chelsea is £622,630, based on HM Land Registry data for 2025-12-01. Detached homes average £1,152,600, while flats and apartments average £497,200. Prices have risen by +3.0% over the past year.
- What is the average salary in Kensington and Chelsea?
- The median annual salary in Kensington and Chelsea is £48,559, compared to the UK national median of £39,039. This is £9,520 above the national average, making it a higher-earning area. Salaries typically range from £33,124 (lower quartile) to £67,130 (upper quartile).
- How much does it cost to rent in Kensington and Chelsea?
- Average monthly rent in Kensington and Chelsea is £2,343 per month. Rents have decreased by +0.9% over the past year.
- Is Kensington and Chelsea an affordable place to live?
- Kensington and Chelsea is expensive relative to local earnings. Rent accounts for approximately 58% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,343, while the median annual salary is £48,559 (approximately £4,047 per month before tax).
- How does Kensington and Chelsea compare to London?
- The average house price in Kensington and Chelsea is £622,630, compared to approximately £551,000 in London. Property in Kensington and Chelsea is £71,630 more expensive than the London average.
- Are house prices rising or falling in Kensington and Chelsea?
- House prices in Kensington and Chelsea are currently rising, with a +3.0% increase over the past year. The current average price of £622,630 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
Nearby
Nearby Locations
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