Comfortable Salary In London

The cost of living in london england.

Comfortable salary in london. But that number varies a lot based on how much you actually earn. According to recruiting data from guardian jobs u k the average salary in london is approximately 52 000. A single household in london earning 35k is pittance.

Considering that the working week in the uk has usually 40 hours and the average number of working days per month is 22 the minimum salary in the uk is usually around 1355 pounds. I went from being on a really comfortable salary of 30 000 to quickly being on absolutely zero and depending on my mum again. I d say that s about right too.

This means that before tax and with basic bills and tax payments note basic you would need to earn somewhere in the region of 28 000 29 000 to live a happy comfortable life in london. London is 100 percent higher than the. On that salary you could have a very comfortable life even in london providing you don t get caught up in the infamous city boy behaviour obnoxiously splashing the cash until it s all gone and then some more to out do your peers but i m sure you won t fall into that trap incidentally saying that local calls aren t free isn t strictly true it depends on your phone provider though if.

It doesn t exist anywhere else in the country and the reason is because the average salary isn t enough to live above the poverty line as a single working person if you want your own flat. Minimum salary in london united kingdom currently the minimum salary in london and the whole of united kingdom is of 7 70 per hour for those aged 25 or older. If it was enough there wouldn t be such a massive shared household market in london.

Of this more than one third goes to cover average housing costs and more than half is. The authors of a new report found that a single person living in outer london would need to earn at least 21 100 a year to be able to pay rent in a shared house and live comfortably rising to. Obviously you can edit costs for virtually every section above but rent will always be your biggest expense in london.

Trends in wages decreased by 100 0 percent in q2 2020.