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London on a Budget

Published on June 10, 2025 | 8 min read

UK Travel Expert

Written by

James Wilson

UK Travel Specialist

London may be one of the world's most expensive cities, but with insider knowledge, you can experience its royal palaces, world-class museums, and diverse food scene without overspending. Here's how to enjoy London for under £70/day.

Affordable Accommodation in London

London's accommodation costs vary dramatically by location. These areas offer the best value:

Top Budget Areas:

  • Camden/King's Cross

    Vibrant area with hostels from £22 and great transport links (Zone 2).

  • Greenwich

    Historic riverside district with budget hotels from £65 (15 mins to central London).

  • Borough/Elephant & Castle

    Central location with cheaper eats and budget chains like Travelodge from £70.

Pro Tip:

Book directly with smaller hotels for last-minute deals. Many reduce prices 1-2 weeks before arrival.

Eating Well for Less in London

Borough Market

Borough Market offers £5-£8 street food lunches

London's diverse food scene includes many affordable options if you know where to look:

Budget Dining Strategies

Meal Deals

£3-£5 sandwiches + snacks at Pret, Tesco, or Sainsbury's (look for "Meal Deal" signs).

Wetherspoon Pubs

Chain pubs with £6-£9 meals and £2-£3 pints (try The Moon Under Water).

Street Food Markets

£5-£8 meals at Camden Market, Southbank Centre Food Market, or Boxpark.

Budget vs. Splurge: Dining Near Westminster

Budget Option Price Splurge Alternative Price
Supermarket picnic in St James's Park £5-£8 Afternoon tea at The Ritz £60+
Wetherspoon pub breakfast £5 Breakfast at The Wolseley £20+
Borough Market street food £7 Restaurant meal in Mayfair £30+

Free & Low-Cost Activities

London offers world-class attractions that cost little to visit:

Map of attractions in London Free Museums Royal Parks Free Views

Map of London showing tourists attraction

British Museum

Free Museums

Free (donation suggested)

World-class collections at British Museum, National Gallery, Tate Modern, and V&A.

Daily 10am-5:30pm (some until 8:45pm Fri)

Hyde Park

Royal Parks

Free

Hyde Park, Regent's Park, and Greenwich Park offer free concerts and events.

Open 5am-midnight

Sky Garden

Free Skyline Views

Free

Sky Garden (book ahead), Primrose Hill, and Tate Modern viewing platform.

Varies by location

More Free Activities:

  • Changing of the Guard at Buckingham Palace (free viewing)
  • Street performers at Covent Garden
  • City of London walking tours (tip-based)
  • BBC shows with free audience tickets
  • Thames riverside walk from Tower Bridge to Westminster

Getting Around London Cheaply

Oyster Card

Daily cap: £8.10 (Zones 1-2). Always tap same card for automatic discounts.

More Info

Hopper Fare

£1.75 for unlimited bus/tram rides within 1 hour (great for short hops).

Bus Map

Walking

Central sights are closer than they appear (20 mins from Covent Garden to Soho).

Walking Routes

Transportation Money-Savers:

  • Off-peak travel (after 9:30am weekdays) saves 20-30%
  • Group Day Travelcard (Zones 1-6) for £16.50 (3+ people)
  • River Thames clippers (Uber Boat) included with Travelcard
  • National Rail 2-for-1 deals with train tickets

Local Budget Secrets

£5 Theater Tickets

Day seats at TKTS booth in Leicester Square or TodayTix app lottery.

Supermarket Meal Deals

£3-£5 for sandwich + snack + drink at Tesco, Sainsbury's or Boots.

Student Discounts

UNiDAYS and StudentBeans apps offer 10-25% off attractions, food, and transport.

Free Attractions with View

Sky Garden (book 3 weeks ahead), Tate Modern viewing level, and Primrose Hill.

London Budget Calculator

Estimate your daily expenses in London:

Estimated Daily Cost: £0

Final Thoughts

London proves that with smart planning, you can experience royal history, world-class culture, and diverse cuisine without a royal budget. By focusing on free museums, affordable eats, and transport hacks, you'll discover why this global capital remains accessible to all.

Ready to Plan Your London Trip?

Our UK specialists can create a customized budget itinerary for you.

Contact Our UK Experts
James Wilson

About the Author

James Wilson, our UK Travel Specialist, has lived in London for 15 years and specializes in helping travelers experience the city's best without overspending.

Comments & Questions

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User avatar
Maggie Aroyo
July 5, 2023

The Oyster card daily cap saved me so much! Visited 3 museums and took 5 tube rides for just £8.10.