Commuting from Madrid to London cheaper than living in Camden and working in capital
- 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.
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.
- 1 Anger over Thames Water and Westminster Council's flash floods response
- 2 Piers Plowright obituary: BBC and Hampstead star dies at 83
- 3 Man charged with indecent exposure and voyeurism in West Hampstead
- 4 Hampstead 'business hero' honoured for work with Soho Dairy street stall
- 5 'Something out of Blade Runner?' BT eyes screen near cinema
- 6 O2 Centre: Developer says it 'will listen' but still aiming for 1,900 homes
- 7 CQC says Royal Free 'comprehensively responded' to maternity issues
- 8 Camden councillors rally against constituency boundary changes
- 9 Convicted terrorist sent back to jail after bin lorry breach
- 10 Suburb couple start canal concerts with afternoon tea