London vs Thames Valley: Salary and Cost of Living
London salaries are undeniably higher. For example:
- NQ solicitors in Thames Valley: £50,000+ (top end)
- Senior Associates in London: £100,000+ vs £60,000–£80,000 regionally
However, cost of living in London is 30–35% higher than Oxford or Reading. Surveys show £5,000 in London equals £3,860 in Oxford. Factor in commuting costs, housing and school fees, and the gap narrows significantly.
Regional Growth and Opportunities
Despite Brexit uncertainty, the Thames Valley is predicted to lead UK economic growth. According to the UK PowerHouse Study, Milton Keynes, Reading, and Oxford will see annual growth of around 2% in 2020. Law firms are responding:
- Reading: Major firms expanding regional offices
- Oxford: Growth from Penningtons Manches Cooper, Freeths, Knights Plc, Winckworth Sherwood, and Taylor Vinters (new office focusing on venture funding, IP, and tech)
Why Consider a Move?
- Lower living costs and better work-life balance
- Strong regional economy and career progression opportunities
- Access to top-tier law firms without the London commute
If you’re ready for a change, explore roles in Thames Valley and the South East. You might be surprised how well it adds up. Contact us today or browse our available jobs.