The truth is that London is amongst the top-most expensive European cities one can live in. In general, statistics show that the average Londoner’s 65.4% of his or her salary will usually go into paying the rent, 11.2% will be spent in restaurants, 6.5% will be injected into buying groceries, 5.0% used for public transit, 4.4% for utilities and the remaining 8.5% will be divided into affording recreational activities, going out, and other wants or needs.
Well, if accommodations or housing takes up that much of a local’s wallet, it is certainly not much different when it comes to heading there as a tourist. So, if you are traveling on a budget or simply conscious and careful of what you want to save your money for, here are some of the cheapest hotel options that will help take the monetary weight off your shoulders while you also enjoy a nice pleasant stay.
Bold, edgy and young, this hostel turned an old courthouse into a cool concept for accommodating many globe-trotting guests. A licensed bar, a TV salon, free Wi-Fi building-round, multi-lingual staff, the British Museum just a 20 minute walk away and a free London walking tour that leaves every day from reception: What else do you want?
This dedicated team is doing everything to make energetic or tired travelers feel at home! The best part of it though, shared room prices start from $30 a night. Not many will be able to top this one.
The Dictionary Hostel
Right in the middle of part of London’s night scene; this hostel probably makes a good choice for the night-owls who like to explore the city’s dark streets. With the High Street Overground just a five minute walk away, and the tower of London at a 2.2 kilometer distance, this option is a fairly centric one. Find shared dorms starting from $30 and enjoy this hub of vibrancy and dash.
Travel Joy Hostels
Generous buffet restaurants are included with prices starting at only $31 for your own personal space in a shared dorm. The venue offers Thai restaurant, free Wi-Fi, a bar and a lot of cool free knick-knacks like sweets, towels, soft drinks and whatever they seem to want to come up with during the day of your visit.
Have you just walked into the set of a film or are you really in a hostel? From the piano in the living room/lounge to the dining space deco, don’t judge this book by its brick walled cover, because inside this place is really an original, modern, clean and audacious treat for your eyes.
Close to the Russell Square Tube Station, this treasure holds shared dorms starting from $33 and possibly a unique experience by enjoying their free movies, karaoke, live DJ, special deals on food and drinks and a friendly atmosphere.
Safestay Holland Park
This historical architectural gem in London might seem a very expensive accommodation at first glance, and it actually is. However, this same hotel also caters those looking for more affordable prices at the cost of having to share the room with other guests.
However, its location in West London, with the nearby Holland Park Tube (Central Line) station, provides a convenient and centric stay for prices that start from $35.
Palmers Lodge Swiss Cottage
Set on a wonderful Victorian-grade listed building, this hostel offers a pleasant and clean shared budget accommodation 4.3 kilometers away from Hyde Park in London’s center.
A public area, a bar, free Wi-Fi and spacious enough to give you a sense of privacy when you need it, for a starting price of $35 this is certainly a good value for money spent in London.
Wombats City Hostel
For those who do not mind sharing a room for a few nights with laid-back travelers or young backpackers, this creatively designed facility might be the answer to what you are looking for.
Just 3.6 kilometers away from the London Eye, and close to the galleries, shopping and bars of the East End, in addition to free Wi-Fi, a terrace with hammocks and a bar, this relaxed place is well worth it and only for a starting price of $38.
YHA London Central
At the heart of the British capital lies this high-quality hostel accommodation nearby Great Portland Street Tube Station, and just a 9-minute walk to busy Oxford Street, King’s Cross and Baker Street. Dorm rooms start from $40 and include free Wi-Fi, 24-hour front desk service, lockers, along with a café and bar.
Chiswick Court Hotel
Close to the Kew Royal Botanical Gardens and a 30 minute tube journey to Central London, this modest housing offers rooms with private bathroom and a TV with prices starting from $46.
Offering fair access to central London (30 minutes away by tube) and pretty much all major airports, this simple hotel is one to possibly consider. Rooms with Wi-Fi, telephone, satellite TV plus en suite bathrooms are offered at a starting price of $69.
Hub Hotels at Covent Garden
Mini tiny rooms, but worth the stay, this is one of the various hotels that Hub holds around the city and with prices starting from $69 in such a good spot makes it a good idea to review this futuristic-looking accommodation provider. They promise ultra-fast Wi-Fi, free tea and coffee, a deli and bar offering freshly made food and luggage storage.
International Hotel Canary Wharf
Although this is most definitely not one of the cheapest options, this massive classy hotel sometimes drops its prices to $71.00 for standard double rooms with private bathrooms, limited free Wi-Fi access in bedrooms, tea and coffee making facilities, a desk, and only 600 meters from Canary Wharf.
The improvised-looking decorated “fashion rock’ n’ roll” hotel in the Westminster Borough district offers free Wi-Fi, satellite cable TV, a private bathroom and 24-hour front desk service for prices starting at $74.
Being just 1.1 kilometers away from Hyde Park and 2.5 kilometers from Piccadilly Circus, it makes this a convenient choice for the wandering tourist.