Is living in London possible on a low income?

Events, news and all things London online site Londonist have published a report in which they created an imaginative family to see if it is possible to live in London on a low income without benefits. The results were interesting and as true as possible taking into consideration multiple situations. The results prove that it is possible to live in London within a tight budget, but in true reality, would it be a happy lifestyle. Check out the final figures here