Commuting from Madrid to London cheaper than living in Camden and working in capital
Camden Lock - Credit: Archant
It is cheaper to live in Madrid and commute to London than it is to rent a flat in Camden Town and work in Liverpool Street, according to new figures.
The Plaza Mayor in Madrid. Picture: Adam Davy - Credit: EMPICS Sport
Research conducted by Labour London mayoral candidate Tessa Jowell shows a Camden Town tenant would be £403 a month better off if they moved to Madrid and commuted to work.
An average one-bedroom flat in Camden costs £1,893 a month to rent, council tax is £111.40 and a zone 1-2 travel card costs £123.30, making the basic cost of living in London £2,128 a month.
On the other hand, a fully-furnished air-conditioned apartment in the heart of Madrid would cost £532 a month and there would be no council tax as the equivalent tax is covered by the landlord in Spain.
Booking flights in advance with the likes of Ryanair would mean they could cost as little as £900 a month.
You may also want to watch:
The total comes to £1,725 a month, including train travel.
Most Read
- 1 Armed police search Tube at Finchley Road and find 'imitation' gun
- 2 Teenage girls charged with Hampstead robberies
- 3 Brian Rose: Who is the London mayoral candidate in the suit on the billboards?
- 4 Camden Council seeks to honour Covid-19 pandemic heroes
- 5 'Big elephant's backside': David Hare and Nicole Farhi slam house plans
- 6 Woman dies after house fire in Muswell Hill
- 7 Buyers launch legal action after £75k bill for flammable cladding
- 8 Mary Feilding Guild: New Highgate owner claims 'widespread Legionella'
- 9 HIV 'progress is stalling' says Royal Free doctor who consulted on It's A Sin
- 10 Boy George and Bananarama join Kenwood 2021 concert line up
