Is 80k A Good Salary In London Reddit

Is 80k A Good Salary In London Reddit View community ranking In the Top 5 of largest communities on Reddit Can one live comfortably in London Southeast on 80 85K Per the question I left the UK a decade ago and back then an 80K salary was good even for London assuming single person who s renting I was having a debate a few days ago with one of my mates who insists that

If you can t make living in London work on 80k a year the problem is not London it s you If you stay in London and rent from the age 25 to 68 and you manage to save 10 of your 80K salary you should easily have half a million to retire with alongside any pension should you have one by then which you can move out of London With a 80k salary you should have a wide range of rental options available to you even in high demand areas like London This salary level allows for more choices and the possibility of securing desirable accommodation 2 Buying Buying a property is a long term investment that offers stability and potential for growth With a 80k salary

Is 80k A Good Salary In London Reddit

Is 80k A Good Salary In London Reddit
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Is 80k A Good Salary Where You Live Location plays a huge role in how far your salary will go Living in a higher average salary area usually comes with a higher cost of living For example the average salary in the North East is 29 521 whereas the average salary in London is 41 866 This post s overview 1 What kind of jobs pay 80K and more in London 2 Will an 80K salary in London make you rich 2 1 Scenario 1 You have a salary of 80K in London and you live alone 2 2 Scenario 2 You live with a partner who also works and earns money 2 3 Scenario 3 You are the only breadwinner in a family with two kids 3 Some other posts you might find interesting

80k is not a huge salary in London Let s break this down Monthly Salary after tax 4400 approx Rent or mortgage 2 000 assuming 3 bedroom Kids nursery 1 500 under 3 After care wrap up 200 over 5 assuming the child is primary school age Bills and food 600 feeding a family of 4 include electricity council gas food What is a good salary in London Is 75k a Good Salary in the UK Is 60k a Good Salary in the UK Is 40k a Good Salary in the UK What is the top 1 income the UK FAQs What is the top 10 percentile salary in the UK As per the latest data you have to be earning 63 100 as an individual annually to be in the top 10 percentile in the UK

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What is considered a good salary in London Some people 20k is a good salary some 80k some it s not enough and other features not found in the first party app More importantly however the behavior of reddit leadership in implementing these changes has been reprehensible This sub will be private for at least a week from June 12th What is considered a good salary London To have a comfortable lifestyle in zones 1 2 of London in 2023 it is recommended to earn at least 60 000 pounds per year The average salary in London is 41 866 pounds per year but that may not be enough to cover the high cost of living in the city What is the net salary for 80k in London

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Is 80k A Good Salary In London Reddit - This post s overview 1 What kind of jobs pay 80K and more in London 2 Will an 80K salary in London make you rich 2 1 Scenario 1 You have a salary of 80K in London and you live alone 2 2 Scenario 2 You live with a partner who also works and earns money 2 3 Scenario 3 You are the only breadwinner in a family with two kids 3 Some other posts you might find interesting