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Project Manager salary in London

2025/26 tax year · ONS ASHE 2025 · 1-bed median rent

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Gross salary
£65,000
avg per year
Take home pay
£4,021
per month
Avg rent/1 bed
£2,150
per month
After rent
£1,871
per month
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Full pay breakdown

Item Annual Monthly
Gross salary £65,000 £5,417
Income tax −£13,432 −£1,119
National Insurance −£3,311 −£276
Net take-home £48,257 £4,021
Rent (1-bed median) −£2,150
Council tax (est.) −£165
Transport cost −£185
After rent monies left in pocket £1,871
Rent-to-income ratio: 53%
Rent as a share of net monthly pay
High pressure

Salary range in London

Salary distribution of Project Manager earners · ONS ASHE 2025

MEDIAN£65,000P0P25P50P75P100
25th percentile earns
£52,000
Median earnings
£65,000
75th percentile earns
£82,000

Housing affordability

Rent-to-income analysis · Project Manager in London

47High pressure53% RTIRent-to-Income
Affordability score
Monthly breakdown
Take-home£4,021
Rent (1-bed)£2,150
Council tax£165
Transport£185
Disposable£1,521
💡 Aim for rent ≤ 30% of gross income
Rent-to-Income (RTI) scale
0% = no rent · 100% = all income on rent
04070100
Comfortable
Moderate
High Risk
Full affordability breakdown for London
Recommendations
Explore nearby areas
Commuter towns 30 min out often cut rent by 20–30% with minimal extra travel time.
Prioritise income growth
At this RTI, a salary increase or second income stream makes the biggest impact.
House-share now
Sharing costs is the fastest route to dropping your RTI below the 33% comfort zone.

Frequently asked questions

What is the average Project Manager salary in London? +
The median Project Manager salary in London is £65,000 per year, based on ONS ASHE 2025 data. The middle 50% of earners fall between £52,000 and £82,000. The UK median for this role across all cities is approximately £53,000.
What is the monthly take-home pay for a Project Manager in London? +
On a gross salary of £65,000, a Project Manager in London pays £13,432 in income tax and £3,311 in National Insurance (2025/26 tax year), leaving a net monthly take-home of £4,021.
Can a Project Manager afford to live in London? +
With take-home pay of £4,021/mo and a median 1-bed rent of £2,150/mo, a Project Manager in London has £1,871/mo left after rent — a rent-to-income ratio of 53% (high pressure). After council tax (£165/mo) and transport (£185/mo), disposable income is approximately £1,521/mo.

Project Manager salary in other cities

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