Top Tips for a Budget London Trip (2024)

Top Tips for a Budget London Trip (1)

Full disclosure: I was born in London and for most of my life I have lived and worked there or close by. It is still my favourite city and although I’m living in Canada now, I get back as often as I can. So I am a bit biased, but it is a wonderful place to visit and stay for a few days or longer, especially for the history, the culture, the sights and even the food. The downside is that it is, like most capital cities, expensive. The uncertainty with Britain leaving the European Union has meant that the pound is now cheaper against many other major currencies, but it still is pricey.So, if you are planning your first trip to this fantastic city or your first trip in a while, here are some top tips for a budget London trip.

Get an Oyster card

An Oyster card is a smart card that you can top up and allows you to travel not just on the London Underground (the subway system; otherwise known as the Tube) but also buses, the London Overground trains, other rail services within London, the DLR (Docklands Light Railway) and the Croydon Tram network. London has a zonal fare structure with the central area in zone 1. You can find maps showing the zones here. The Oyster card has a daily cap so that you won’t spend more than (at time of writing) GBP12.50 per day for zones 1-6. You can find more information and buy your Oyster cards online before you travel to London at the official Transport for London website here. The cards will be mailed to you. Note: there is a GBP5.00 refundable deposit.

Alternative Trains from Heathrow Airport

Most people who fly to London from North America and many other countries arrive at Heathrow airport. Strictly speaking, this airport is outside London and a fair distance from the downtown core. If this is where you arrive, there are several options to get to the centre, but one of the cheapest is to use the Piccadilly Line on the Tube, especially if you have already bought your Oyster card. The Tube is a bit slow (about an hour to the downtown area), but you should be able to easily get to a station near your hotel.

The new Elizabeth Line, which opened in 2022, is much faster than the Tube. And crosses London underground and out to the east of the city. Although it uses the same fare zones as the Tube, there is a fare supplement for using Heathrow, (unlike the Piccadilly Line).

Usually the most expensive rail option from the airport is the Heathrow Express which travels fast (15 minutes) to Paddington Station in the west of London.

Use regular buses for sightseeing

As already mentioned, your Oyster card is valid on buses as well as the Tube and trains. Many buses are double deck and if you travel off peak (avoiding the morning and evening rush hours during the week), they are a very comfortable way of seeing the sights.

My personal favourite bus route is the #11 that goes from All Hallows Church (near Liverpool Street Station) to Fulham. Note that this route traditionally starts at Liverpool Street Station itself, but the stop was moved due to the construction of the new Crossrail (Elizabeth Line) subway. I believe that the stop will be moved back later this year when the line opens.

Anyway, route 11 is a gem as it passes some top sights such as the Bank of England, St. Paul’s Cathedral, the Royal Courts of Justice (the High Court), Trafalgar Square, Whitehall (past Downing Street), Horse Guards Parade, Parliament Square (Houses of Parliament), Westminster Abbey, Westminster Cathedral, Victoria Station, Sloane Square and Chelsea. Details of the #11 are here.

I’ll post details of some of the best bus routes in London in a later article.

London is a great Walking City

If you are reasonably mobile and enjoy walking then London is made for you. Many of the best sights are fairly close together and, if the weather is on your side, then there is nothing better than exploring on foot. For a example, a great walk is to start by the Houses of Parliament (nearest Tube: Westminster), cross Westminster Bridge, then turn left and walk along the south bank of the River Thames to Tower Bridge. You can then cross the bridge to the Tower of London (nearest Tube: Tower Hill).

For a selection of free self guided London walks, check out this site.

If you prefer a guided walking tour, check out Free Tours By Foot where you name your own price.

Visit the free museums and galleries

London has some splendid museums and many of them have free entry; here are links to some of them:

Note, most museums have special short term exhibitions where you will have to pay if you want to see them, but the main collections are always free.

Enjoy your trip!

Top Tips for a Budget London Trip (2024)

FAQs

What is a good budget for a trip to London? ›

A one week trip to London usually costs around $1,697 (£1,326) for one person and $3,394 (£2,652) for two people. This includes accommodation, food, local transportation, and sightseeing. A two week trip to London on average costs around $3,394 (£2,652) for one person and $6,788 (£5,305) for two people.

How much money do I need for 4 days in London? ›

We recommend budgeting around £105 plus (about $130 in US dollars) per day, per person, after paying to get there. You can of course spend a lot more, or a little less, but our recent trip revealed this figure to be a good starting point.

How much money is required for a trip to London? ›

80,000 to Rs. 1.5 lakh per person, depending on the time of year and the type of accommodation chosen. Along with transportation costs, accommodation expenses, and food and beverage expenses, sightseeing, and entertainment costs could add up quickly.

What is best way to plan a trip to London? ›

  1. Step 1 – Decide what time of year you want to visit London and for how long 📆 ...
  2. Step 2 – Decide on your budget 💷 ...
  3. Step 3 – Book flights and organise travel insurance 🛫 ...
  4. Step 4 – Book accommodation 🏨 ...
  5. Step 5 – Plan your London itinerary 📋 ...
  6. Step 6 – Book tours, attractions, experiences and activities 🎟
Jun 16, 2024

Is $20 000 enough for London? ›

Can you live in London on 20k? It would be very difficult to live alone in London off of 20k net a year, requiring some serious financial planning. A budget of 20k a year translates to around £1,666 per month, of which nearly £1,000 will likely need to be paid in rent.

How many days in London is enough? ›

While three days in London covers the essential experiences, extending your visit to five days allows you to explore at a more leisurely pace and discover the unique activities and hidden corners that make London truly special.

Should I carry cash in London? ›

Do I need cash in the UK? It's a good idea to have some pounds with you when you're in the UK. While cash isn't always needed, some small merchants prefer it, and you'll need it for tipping and buying things in markets too. In most cases the easiest option to get your travel cash is to make ATM withdrawals on arrival.

How much does a meal cost in London? ›

Is Food Expensive in London? Embarking on a gastronomic journey through London may sound like an expensive venture, but fear not! With the average cost of a meal out in the capital £30 per person, based on September 2023 prices we've uncovered tips to make your culinary exploration both delightful and cost-effective.

What is the cheapest time to travel to London? ›

What is the cheapest time of year to visit London? The cheapest time of year to visit London is from November to March. This is when prices for hotels and flights are typically lower, but you'll need to deal with colder weather and more rain.

What is the cheapest way to travel through London? ›

How to travel cheap in London
  • Get an Oyster card. ...
  • Go contactless. ...
  • Know where you're travelling to. ...
  • Avoid travelling during peak hours. ...
  • Take the bus for long distances. ...
  • Take advantage of the Hopper fare. ...
  • Rent a bike when it's sunny. ...
  • Walk wherever possible.

How many days should I take my first trip to London? ›

For first time visitors, we recommend spending at least four or five days in London, which will give you enough time to get a feel for the city and see many of its main sites. With so much to do and see check out this article on how you can make the most of your time in London! Related Article: Where to Stay in London.

What is the best area to stay in London for first time visitors? ›

Covent Garden, Charing Cross + Trafalgar Square

So it's your first time in London. Where to stay? We suggest considering Covent Garden first of all.

What is the cheapest month to travel to London? ›

The cheapest time of year to visit London is from November to March. This is when prices for hotels and flights are typically lower, but you'll need to deal with colder weather and more rain.

Is London very expensive to visit? ›

Yes, London is one of the most expensive cities in the world. In 2023, it ranked as the second most expensive city in Europe after Geneva. And the fourth most expensive city in the world, with New York City leading the table and Hong Kong a close second.

How much does the average person spend in London? ›

In mid-2024, for a single person, the average cost of living in London now clocks in at over £4,200 per month. This is around £1,650 more to find per month than the UK average. This means that the annual average cost of living in London for a single person is £50,400.

How much does a tourist need per day in London? ›

It costs around £60-£95/day ($75-$115) to visit London comfortably as a budget traveler. These prices are based on what you'll need to visit the city comfortably as a budget traveler. If you want to upgrade your accommodations, add another £40-£100/night depending on your stay.

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