"Renting in London is notoriously expensive. Now figures have put a new estimate on just how costly it is.
Flatsharers in the capital can expect to pay £692.30 a month to rent a room, almost £100 more than renters say they can actually afford, according to property website EasyRoommate.
The data show that these people are spending an extra £1,128 a year, which could be put towards other basic cost of living, such as food and transport.
A rented room in London is £121 a month more expensive than Oxford, the second most expensive place to rent a room in Britain. It is £244.80 more expensive than Maidstone, which is 40 miles from Central London and the tenth most expensive place to rent a room in Britain.
In the past three years, prices have surged 13.9pc in the capital. The average flatshare cost £607.90 a month in 2012."
Source: The hefty price of living in the capital: London renters forced to pay much more than they can afford - Telegraph
Flatsharers in the capital can expect to pay £692.30 a month to rent a room, almost £100 more than renters say they can actually afford, according to property website EasyRoommate.
The data show that these people are spending an extra £1,128 a year, which could be put towards other basic cost of living, such as food and transport.
A rented room in London is £121 a month more expensive than Oxford, the second most expensive place to rent a room in Britain. It is £244.80 more expensive than Maidstone, which is 40 miles from Central London and the tenth most expensive place to rent a room in Britain.
In the past three years, prices have surged 13.9pc in the capital. The average flatshare cost £607.90 a month in 2012."
Source: The hefty price of living in the capital: London renters forced to pay much more than they can afford - Telegraph
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