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How much cash do I need per day in London?

Walking around money - which may include a bit of shopping, a visit to the theatre, a newspaper, a taxi ride, meals, a pint at the pub - you know your own habits better than we do. As a rough estimate, though, perhaps 40-50GBP per day should do it - that's not including accommodation and travel expenses.



In 2026, London has become one of the most "cashless" cities in the world, meaning you actually need very little to no physical cash for a typical day of touring. Virtually every merchant—including street food vendors at Borough Market, small cafes, and all public transport (Tube and buses)—accepts "Tap and Pay" via contactless credit cards or mobile wallets like Apple Pay. For a mid-range traveler, a daily budget of approximately £100 to £150 ($135 to $200) is typical for food, transport, and attractions, but this will almost exclusively be spent via card. If you prefer to have "emergency cash," carrying £20 to £30 is more than enough for the rare occasion a card machine is down or for a small tip in a traditional pub. If you are a budget traveler, you can get by on £55 per day by utilizing free museums and the daily "Tube cap." Conversely, luxury travelers can easily spend over £1,000 per day. The only places that might still strongly prefer cash are certain high-end barbers or very small, old-fashioned independent boutiques in the outer boroughs, but for 99% of tourists, your smartphone or a contactless card is your most important "currency" in London today.

People Also Ask

How much money will you need for your trip to London? You should plan to spend around £190 ($235) per day on your vacation in London, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, £35 ($43) on meals for one day and £26 ($32) on local transportation.

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It isn't enough for accomodation, not really even if the whole £500 is just for the accomodation. Accommodation would cost more than that, and you would have to have at least £300 for food. If you wanted to visit places like the Tower of London, and even St Paul's Cathedral you would need about £200 for that.

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Do I need to bring cash to the UK? It's a good idea to have small amounts of cash to hand. You may need coins or notes when parking, or require some for tipping. When paying for small items it can also be simpler to hand over a few coins than a card or a banknote.

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Absolutely. 50K gross will give you about 34K net. You can get a great room in a shared flat for 1K/month, and by that I mean zone 1 even.

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Do you tip in London? It is customary to leave 10 to 15% of the bill as tip when eating out, though some restaurants add on a service charge instead. In London hotels, people often tip porters. It is polite to round up your taxi fare to the nearest pound for black cabs and licensed minicabs.

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