London on £20k
Out of context: Reply #29
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I managed on 15.8k 2 years ago and I lived pretty well.
I lived in New Cross in a shared house (8 bedroom, 6 in use) with a huge garden, 2 kitchens, 3 bathrooms, large basement and a massive living room/dining area.
I went out 3 or 4 nights a week and lived a fairly lavish life for a 20/21 year old student.
It can be done easily if you're clever enough about it.
Tell your friend to go at least Zone 2, and hit either NW, NE or SE.
I'd really recommend South East on that salary. The prices haven;t gone up yet, despite the newly extended tube connections to it. In New Cross specifically (where I'm probably moving back to after my stint in NYC) you can quite easily find a good shared household with nice people for under 400 a month. In my last place I paid 320 and I was 2 minutes walk from the tube and had parking.