What’s a good salary for a relatively comfortable lifestyle in London as the sole income provider of a couple?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

150K is around 7K per month (exact is 7.4K but assume some taken out because of pension/student loan).

- 800 food (home and takeaway)
- 300 council tax
- 300 house bills
- 100 phone bills
- 700 car, petrol, insurance or other transport
- 2500 for rent
- 500 for misc expenses
Leaves 2,000 for savings per month

So all this seems comfortable

like

£50 each person in a couple - check EE

Recent IconRecent

I’m on £150k as a single early-20’s and wouldn’t say I’m comfortable at all. I’d put the number for a (sole provider) couple at £400-500k.

likefunny

How are y’all making 100k already? Am I doing something wrong tffff

like

150k

like

@Manager 3 not if you aren’t a basic rate taxpayer

70k

funny

250

like

D2 nonsense the top 1% average income in london is 700k. I am talking about working mid level professionals trying to have a middle class lifestyle which is increasingly difficult and is not a concern for 0.1%

So average salary in London is 30K. Is it liveable or fair? Not really. Ppl with that salary usually have roommates. If you want to live comfortably without roommates, then making at least 80K would suffice if you were renting. If you want to save up to eventually buy a house in 4-5 years time, then you might need a salary of like 90K+ because once you factor in downpayment and stamp duty for a home you start to realise that this shits expensive. On top of that, you’d need to live quite frugally because cost of living can add up quickly.

like

Related Posts

like

Hey, can someone guide me on the average hike in Tredence and how much CTC can a L3 (Associate Manager) expect in Tredence?

like

PwC's raise seems to be massive.... hoping same thing coming up at EY soon!!

likesmarthelpful

Due to inflation at its highest rate since 1982, I feel that I am not being paid enough. I can’t afford things on a day to day basis and I think I can make the same amount of money in gig jobs for cash downtown. During the Trump administration I was doing just fine financially - now it costs me so much just to get to work. Is it appropriate to have an inflation conversation with my bosses or should I just pick up shifts as a bartender at night - I need to make about 600 more a month to make it.

like

What is the best optometry salary in Kent?

like

Need some help here
9yoe (mobile app development)with ctc of 12lpa. How can i improve my ctc ?

like

Hello Fishes, there are few questions hitting to my mind about PWC AC, can you please help me clear this.

1. Benefits included and when does my eligibility start at PWC

2. Other perks(telecommuting perks and stock options) at PWC

3. vacation time and sick leave at PWC

4. Bonus compensation (Yearly / Mid year Bonus, Joining Bonus)

Thanks!!

like

I’m currently considering an offer and am finding that all online compensation benchmarking is falling flat in terms of understanding how I should be looking at comp for this role. I’d value your advice on how to access cleaner comp data and/or how you might look at comp for this role: Chief People Officer for a $2.5BIL revenue ($150MIL net income) global organization. 50,000 employees. USA based. Looking for Total Comp and cash targets/benchmarks.

like

What's a reasonable salary expectation for a Finance manager in a major consulting firm for someone with 10 years of experience? Not client service, working in the CFO org doing financial planning for the firm.

like

How much raise can we expect from SE I to SE II promotion?

Let’s be honest guys. Nobody knows each other. Lets see how Pwc treat their employee or they just speak. It will help us going forward only.

Please mention your:
Hike percentage:
Revised CTC:
Bonus Amount:
Designation:
Department:
DOJ:
Total YOE:
Ratings:
Satisfied (1 being lowest and 5 being highest):
Tentative Resignation Date:

PS: letter available in e-pay portal.

like

Hi Amazonians

Please share your experiences for %hikes during appraisal

Level
Yoe
Hike %
Before appraisal fixed
After appraisal fixed
Any additional RSU ?

like

I was given a salary adjustment at the beginning of the “great resignation”, and now it’s time for my annual promo/merit review. I know I’m getting promoted but was also told the salary increase wouldn’t be to its “full potential” since I was already given an adjustment 6 months ago.

How do I counter this and ask for more? I work in analytics.

like

How much does one make with 3.2 yoe in Internal Audit in Protiviti India Member Firm (in specific Chennai location)

like

Salary survey:

Base:
Years:
Number of attorneys:
Yearly billable requirements:
Bonus:

Hey y’all, wanted to get some insight into an offer.

Director level sales role
250k OTE 60/40 split uncapped
325k stock 4 year vest (options) - pre IPO unicorn
10k sign on bonus

I’ve got about 8-9 years in enterprise sales /mgt

What kind of salary should one expect as a new commercial real estate broker at one of the largest brokerages? Specifically, in the industrial brokerage space. First experience in the commercial brokerage industry with 2.5 years of prior post-grad work experience in supply chain/operations. Was told I will start on salary until I am ready to go 100% commission

Hi, I am currently working with Moody's Analytics India, with almost 3 YOE and CTC 13 Lkhs, and am currently looking to switch to PwC India, wanted to know how the hike is like and the quality of work. I have asked for a hike to around CTC 19 lkhs. PwCPwC India

Friday the CEO sends out an email proudly proclaiming that the company made $22 billion last year.
Two hours later I am told on our team meeting that the bonus/raise pool is down from last year.
I just have no words.

likefunnyupliftingsmarthelpful

Can we discuss comp packages for a AVP/FA role? I’m 5 years in, and my base is $75k- is that average or below average? PM if you’d rather discuss offline.

like

More Posts

Million bucks inside employer plan paying 4% guaranteed. 82 year old widow with another mill in investments plus enough pension to meet all needs. Would anyone here move it? If so, where?

like

Anyone know if the new stimulus deal includes student loan forbearance extension? Only one article said it was in but had absolutely no details; most others don’t mention it; ones that do question whether or not it was dropped.

like

Hiring for an associate media director position that will be hybrid WFH starting 2022. Send me a message if interested!

like

You should take lunch break for how long when you work in the industry?

like

9th Sept : I observed some people get a t-shirt, cup, chocolate etc. Today in Kolkata as part of a 150 year celebration.
Simple question - is everyone getting it?

like

What was your favorite brand stunt for Game of Thrones? For me it’s Shake Shack, but i might be biased since i already loved shake shack and it was so fun sitting on the dragonstone throne

How much is the average Emergency Medicine physician making out of residency? (Name your city)

like

Saw the going concern article about the ridiculous $335MM PwC-Colonial bank settlement. I also read the full court decision. The judge’s understanding of audit standards was so rudimentary (cont).

likesmart

Sometimes I am envious of other positions unrelated to design. Portfolios are tough, time consuming, and expensive! I’ve invested over half a k in the last two years fixing and redesigning my portfolio website, and that doesn’t include the time I put into it!

I wouldn’t change my profession in a heart beat but odd how it feels like we are the only group of professionals that has to invest money just to present our work.

like

CA Real Estate attorneys: Can a seller cancel a RPA for “family emergency” reason? Notice was given 24 hours after RPA was signed.

like

How to reach Fidelity International Gurgaon office by metro ?

like

Hi Fishes,
I have shared my offer letter to one of my friend as he requested, if he fake it and caught whether it will backfire me?

like

Hi All, thanks for your support in advance. I am looking for a job change. I am a Business Analyst with 3.5yrs of exp and in total 4.75yrs

like

How is Airbus India company compared to other aerospace companies in India? I see that they are expanding heavily and recruiting in heavy nos? Is it due to the surge of new work/ projects to the India site? What's their growth strategy? Any ideas?

like

What should be a decent package as per market currently for 6 years experience?

like

Can we stop attaching unpublished cases yet?

like

HI Fishes, I have received an offer from PwC India also have another offer from EY GDS.

Both offerings almost same CTC.

Could u please share thoughts on choosing offer considering learning and development, Benifits, work life balance.

Thanks in advance ☺️

like

I know this is a different kind of heartbreak, but I just had to make the difficult decision to go no contact with my parents after years of toxic and narcissistic behavior. It’s a weird feeling of immense sadness but also freedom. Can anyone else relate?

like

Has anyone exited to be at AWS as a Senior Partner Trainer? Can anyone comment on scope of work and comp?

like

Additional Posts in Londoners in Consulting

Is Soho House membership worth it?

like

Can any1 from EYP refer me for a position in Ireland?

like

Of LEK, OCC, Oliver Wyman and Kearney what is the best for PE/VC exits for a male. Or do I need to realistically be in MBB?

like

EY fishes! Keen to hear about FAAS London WLB, culture and also pension contributions??

like
likehelpful

Hey London peeps.

What’s the vibe like at EYP? Is the business going strong? What does an average week look like in terms of hours?

Thanks!

like

Work tomorrow 😔

likehelpfulfunny

Any idea when Bain London intends on restarting experienced hire (AC/SAC) recruiting?

like

What is UK salary for Manager (in consulting, not strategy) at PWC and EY?

like

Londoners, I am considering relocating from Munich to London. If you have lived in both cities, can you please share your experiences? I love Munich but looking for a better social life.

like

Off topic : Looking to move to Hayes and Harlington from Ealing. Could someone please share their thoughts/experiences about the area if any in terms of living and also as an investment (if I decide to move out)

PwC fishes, can anyone tell me if the company car scheme is inclusive of insurance or needs to be taken separately by the employee?

Joining as s Senior Manager in may.

like

Anyone here have experience/ thoughts on using shared ownership scheme to live alone in London?At a similar standard of living I’d struggle to get a full mortgage and personally, I’d find renting something at that standard too much of a sunk cost per month. Thoughts?

like

Anyone who has made the move from the US to UK member firm - thoughts? Was it worth it?

I know this gets posted a lot in here but I am struggling to make financial sense of my offer I received. I know UK salary market is much lower, but I also don’t want to be suddenly strapped for money when I am comfortable in the US. Obviously my want to move to the UK can/probably will outweigh this concern but I would appreciate any weigh in.

like

Hi All,
is 591(transunion) a decent score to buy a car (~35k).
TIA

like