London Living Wage Calculator (2026/27)

The London Living Wage is £15.45 per hour for all workers aged 18 and over in Greater London, announced 15 October 2026 (implement by 1 May 2027). It is calculated by the Living Wage Foundation based on higher housing, transport, and living costs in the capital.

No. The legal statutory minimum across all of the UK (including London) is the National Living Wage (£12.71/hr). The London Living Wage is voluntary, but paid by thousands of accredited employers across London including major banks, universities, transport providers, and councils.

Working 40 hours a week at £15.45/hr gives you an annual gross salary of £32,136. After standard UK income tax (£3,913) and National Insurance (£1,565), your net take-home is approximately £26,658 per year (£2,221 per month).

The London Living Wage pays £2.74 more per hour than the statutory National Living Wage (£12.71/hr). On a 40-hour week, that equals an extra £5,699 gross per year (+£341 net take-home per month).