This report presents a detailed breakdown of the 2019 living wage rate for London that has been calculated at $16.20 per hour for a family of four; two adults aged 35 years, and two children aged 3 and 7. The living wage in London was first calculated in 2016 at $15.53 per hour (4.3% increase).
Ideally, the living wage will be calculated on an annual basis by the members of the local community. London has not had a local group working on the living wage calculation since 2016. In 2019, the London Poverty Research Centre acted as the local lead, performing the local calculation, writing the report and participating in the certification process.
A living wage is not the same as the minimum wage. It is the hourly wage a worker needs to earn to cover their basic expenses and participate in their community. It serves as a beginning point for conversations about what fair wages are and how they impact our community. Investments made to address poverty reduction can strengthen communities and provide tremendous savings with long-term social and economic benefits.
Download the London Living Wage Report 2019 here.