What % of post-tax income do Londoners usually spend on rent?

Offered 6.2k per month post-tax and thinking of spending 2k on base rent, single household. Does that seem reasonable for someone who wants to save and invest?

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That’s a pretty good in hand salary I must say. Yes 2 k looks right but I will advice to buy something outside London. You can get good 4 bed with 2 k as mortgage.

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Yes. Those are very close to my numbers for post-tax income and rent. I already max out pension and have a savings runway, so I invest 1.5k-2k monthly.

helpful

Married with two kids, I live just outside London. I spend £1850 a month on a mortgage for a 4br 2bath house. I dunno how y'all be spending £2k on rent.

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Thanks for sharing! Moving to London from abroad so trying to gauge what makes sense. Will look to buy after I’ve settled in and figure out which area I want to be in long term :)

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