An investigation by Heart's found from 2016 you'll need to earn £80,000 a year to rent an average flat in London.
Bus Drivers Accept Olympics Cash Offer
London bus workers have voted to accept an offer of an Olympics bonus, ending the threat of another strike.
The Unite union said workers will get £577 in recognition of the "massive increase" in workload over the Games.
Thousands of bus workers went on strike last month and were threatening further walkouts.
In workplace ballots held yesterday 71% voted to accept the offer.
The bus workers will get a payment of £27.50 each time they complete a duty over the 29 days of the 2012 Olympic and Paralympic Games. The average number of duties workers will complete will be 21, meaning most workers will get a £577 award.
Peter Kavanagh, Unite's regional secretary for London, said: "After almost a year-long campaign, bus workers finally have a fair deal which recognises their contribution to keeping London moving over the Olympics."
Transport for London's managing director of surface transport, Leon Daniels, welcomed the news, adding: "The pay of bus workers is, and will remain, a matter between them and the private bus operating companies that employ them.
"However, in this case, as the capital prepares to celebrate the biggest festival of sport and culture it has ever seen, TfL and the Mayor (Boris Johnson) sought to bring Unite and the bus companies together and we are pleased that they have now resolved this dispute."
A construction worker's died while working on London's £14.8bn Crossrail project.
A British Airways plane to France has managed to land safely back at Heathrow after reports flames were seen coming from its engines.
The mother of Stephen Lawrence has fought back tears as she said her family had gone through "21 years of struggle".
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