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But what if you're just looking to feel like a prince (or princess), not spend like one?
Here are a few tips on enjoying London on a budget. (Just don't count on the sunshine that blessed the royal wedding in a place where on average it rains about one out of every three days.)
GO LOW (SEASON)
London's high season is late spring and summer and it's also popular in December. Prices and crowds drop outside those months. I chose March and had typically damp and chilly weather with a few sunny afternoons. Right now, when all your friends are complaining about how much they're spending on summer trips to Europe, is the time to book your trip for autumn.
The farther out you go from the heart of London, the cheaper the accomodation. Just make sure you're within an easy walk from the underground or "tube" and build a little extra time into your itinerary for your commute into town. I chose an Airbnb in suburban Hammersmith, which came to about $A105 a night.
Since I knew I was going to be visiting a lot of paid attractions, I bought a London Pass, a multi-venue card. The drawback to this kind of option is one can feel pressured to rush around and get maximum value. My goal was to avoid ticket lines and not lose money. I paid about $A250 for a six-day pass that came with an Oyster transit card preloaded with about $A50. I visited all the places I wanted, including Windsor Castle (train fare is included in the pass) and rode a hop-on, hop-off bus for a day. I didn't max out the pass but did come out about $A165 ahead. If you'd rather take a more curated approach, look online for pay-in-advance discounts and combination specials such as the two-for-one ticket to the Queen's Gallery and Royal Mews.
Most museums in London are free (special exhibitions may cost extra). A good, cheap expedition is to head for the South Bank and the Tate Modern. Afterwards, walk along the river path (past Shakespeare's Globe) to Borough Market Hall (2-4 Bedale St, closed Sundays), a trendy spot where you can try specialties like the cheese toastie at Kappacasein. Keep walking to reach London Bridge and, if you're thirsty, stay on the south side of the river and check out the 17th-century George Inn (77 Borough High St.). Or, retrace your steps to the Tate and cross the pedestrian Millennium Bridge to St. Paul's. If it's close to 5 pm you'll catch evensong at the cathedral, which is free.
There are plenty of lavish teas to be had in London, including the swank spread at gourmet grocer Fortnum & Mason that comes to about $A100. Harrods, too, has an excellent option if you are in the mood to splurge. Or, you can stop by F&M's more casual restaurant, The Parlour, where for about $A20 I enjoyed excellent scones, free Wi-Fi and, quite simply, the best cup of tea of my life. If the weather's fine, consider an al fresco repast, picking up some snacks at Harrods famous food hall and enjoying them in nearby Hyde Park.
A relatively new, and free, thing to do in London is visit the Sky Garden, a green space with a bar and restaurants at the top of the 34-storey building known as the Walkie Talkie because of its bulging top (20 Fenchurch St.). It's hard to walk in for a look without a ticket but timed tickets are free, though sunset hours go fast: http://skygarden.london/booking .