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  • FIRST POST
    • the89er
    • By the89er 15th Jan 20, 10:20 AM
    • 19Posts
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    the89er
    Is 28,000 Liveable in London
    • #1
    • 15th Jan 20, 10:20 AM
    Is 28,000 Liveable in London 15th Jan 20 at 10:20 AM
    Is an annual salary of 28,000 liveable in London, especially if you're renting a place to stay alone?
Page 1
    • nicechap
    • By nicechap 15th Jan 20, 10:40 AM
    • 1,930 Posts
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    nicechap
    • #2
    • 15th Jan 20, 10:40 AM
    • #2
    • 15th Jan 20, 10:40 AM
    Depends on so many factors. For instance:

    Rental costs.
    Commute costs.
    Social Life costs.
    Tax code.

    And there will be trade offs between them. Such as where the job is located compared to where you are renting versus quality of accommodation.

    My son in law has recently started work in London, did a month sofa surfing and now has a room in a flat share on a salary of @24k (zone 2 flat, zone 1 job).

    As to whether its liveable for you, only you know.
    Originally Posted by shortcrust
    "Contact the Ministry of Fairness....If sufficient evidence of unfairness is discovered youll get an apology, a permanent contract with backdated benefits, a Lets Make it Fair! tshirt and mug, and those guilty of unfairness will be sent on a Fairness Awareness course."
    • username901
    • By username901 15th Jan 20, 10:53 AM
    • 212 Posts
    • 341 Thanks
    username901
    • #3
    • 15th Jan 20, 10:53 AM
    • #3
    • 15th Jan 20, 10:53 AM
    Whilst you could survive on that.in London, I don't think you could live on that. Think of your health too, air quality is awful - illegal in some places.

    What job is it? If it's something that pays 22k up norf but you only spend 5000 a year on rent and commute as opposed to 12000+ in laaahndan is it worth it?
    • MEM62
    • By MEM62 15th Jan 20, 12:29 PM
    • 2,918 Posts
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    MEM62
    • #4
    • 15th Jan 20, 12:29 PM
    • #4
    • 15th Jan 20, 12:29 PM
    Is an annual salary of 28,000 liveable in London, especially if you're renting a place to stay alone?
    Originally posted by the89er
    In my opinion, no. Or, at least, not with any kind of lifestyle. It guess you could say that you could 'survive' on that salary but not really live on it.
    • Gavin83
    • By Gavin83 15th Jan 20, 2:01 PM
    • 6,545 Posts
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    Gavin83
    • #5
    • 15th Jan 20, 2:01 PM
    • #5
    • 15th Jan 20, 2:01 PM
    I think you could live on that. You almost certainly wouldn't be able to afford to live alone however, you'd be renting a room in a house share. Rent isn't cheap in London but most other costs are no different to the rest of the country.

    How much would this job command in other parts of the country?
    • Dox
    • By Dox 15th Jan 20, 5:34 PM
    • 1,881 Posts
    • 1,410 Thanks
    Dox
    • #6
    • 15th Jan 20, 5:34 PM
    • #6
    • 15th Jan 20, 5:34 PM
    Is an annual salary of 28,000 liveable in London, especially if you're renting a place to stay alone?
    Originally posted by the89er
    An awful lot of people have to manage on that, or less - but the key word is 'manage'.

    Getting a place on your own in a half-decent area is unlikely, unless you are prepared to move quite a way out - but then your commuting costs go up.
    • JohnDorian
    • By JohnDorian 15th Jan 20, 5:37 PM
    • 46 Posts
    • 25 Thanks
    JohnDorian
    • #7
    • 15th Jan 20, 5:37 PM
    • #7
    • 15th Jan 20, 5:37 PM
    Living on your own would make that near impossible. Maybe just about doable to get by but very difficult and probably very far out in the TFL zones. A house/flat share would make it more reasonable.
    • lisyloo
    • By lisyloo 15th Jan 20, 6:05 PM
    • 25,765 Posts
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    lisyloo
    • #8
    • 15th Jan 20, 6:05 PM
    • #8
    • 15th Jan 20, 6:05 PM
    I too think you’d need to share, but it does depend on your red lines.

    Be aware that there are some places in London where you’ll regularly get trouble. Kids chucking fireworks at you, people throwing acid in your face.

    It really depends on where your red lines are.

    Does the job have promise?

    Commuting can be pretty awful in London.
    I sometimes have my breasts squashed as that’s how cramped it can be (usually against someone’s back).
    • Jonathan Kelvin
    • By Jonathan Kelvin 15th Jan 20, 6:10 PM
    • 238 Posts
    • 518 Thanks
    Jonathan Kelvin
    • #9
    • 15th Jan 20, 6:10 PM
    • #9
    • 15th Jan 20, 6:10 PM
    If by London you mean anywhere even vaguely central, then no, not for long or if you want any sort of quality of life.

    If you mean a shared room where the bed is used in shifts, then possibly.
    • steampowered
    • By steampowered 15th Jan 20, 6:47 PM
    • 3,796 Posts
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    steampowered
    28k is low for London!

    It almost certainly means a flat share. I think you are much much better off with a flat share than a shoebox studio apartment. It probably also means a commute and limited disposable income.

    That's all absolutely fine if you are a young person who is finding their feet. Especially if you are getting career advancement opportunities leading to a higher salary or better jobs in future.

    It's a bit different if you are a bit older and looking to settle down.
    • gwynlas
    • By gwynlas 15th Jan 20, 6:59 PM
    • 323 Posts
    • 376 Thanks
    gwynlas
    Is 28,000 Liveable in London
    Many NHS workers live in London on this but you would need to flat share or commute long distance. A lot would depend on your job, working hours and the possibility of additional earnings. I would say it is generally worth it for the experience,
    I went for six months and stayed twenty five years,
    • JayRitchie
    • By JayRitchie 15th Jan 20, 8:43 PM
    • 361 Posts
    • 356 Thanks
    JayRitchie
    Is an annual salary of 28,000 liveable in London, especially if you're renting a place to stay alone?
    Originally posted by the89er
    How old are you and how experienced at the job? What sort of job?

    In reality you need to share on that income - its just too tight otherwise. On the plus side you probably don't need a car - I find London way cheaper for transport to work than living in other cities.

    If you are pretty young and building a career please don't let people put you off moving to London. There are often good prospects to increase your salary, and if not you get to see the sights for a couple of years and then leave with some experience.
    • Planet Switzerland
    • By Planet Switzerland 15th Jan 20, 9:45 PM
    • 244 Posts
    • 157 Thanks
    Planet Switzerland
    When I first moved to London I was on a low salary for London but better salary than where I was before.


    Basically I paid 180 a month more for a considerably smaller property than the one I was in prior to London. My salary was more than 180 extra a month though so despite my concerns about affordability I was actually better off.


    Everything else is more or less the same wherever you are in the country. Transport is expensive but public transport is the easiest way to get round and I don't think it's any more expensive than running a car.


    Lot's of people in London get less than 28k, a graduate at my company gets much less but whilst they all complain about their salaries a lot of them still live the London life to the fullest.
    • the89er
    • By the89er 15th Jan 20, 10:24 PM
    • 19 Posts
    • 1 Thanks
    the89er
    Thank you for the comments.

    So the consensus is that 28,000 is possible but would make life in London difficult. Unless I flat share.

    So how high of a salary do you need to live on to have a comfortable lifestyle in London (zone 2/3)? I've heard/read it's at least 31,000 - can anyone verify please? Does that mean 30,000 is low as well?

    And about living in cities other than London (especially when renting a flat on your own and not flat sharing with anyone else), how do you work out your required salary? I've read that 1/3 of your salary should be dedicated to living (rents, bills, etc). Thanks.
    • JayRitchie
    • By JayRitchie 16th Jan 20, 12:21 AM
    • 361 Posts
    • 356 Thanks
    JayRitchie
    Thank you for the comments.

    So the consensus is that 28,000 is possible but would make life in London difficult. Unless I flat share.

    So how high of a salary do you need to live on to have a comfortable lifestyle in London (zone 2/3)? I've heard/read it's at least 31,000 - can anyone verify please? Does that mean 30,000 is low as well?

    And about living in cities other than London (especially when renting a flat on your own and not flat sharing with anyone else), how do you work out your required salary? I've read that 1/3 of your salary should be dedicated to living (rents, bills, etc). Thanks.
    Originally posted by the89er
    Anywhere half livable in zone 2/3 - unless you flat share? I think you would struggle to have a decent life on less than 60k if you want a small one bed. But seriously - if you flat share 28k is fine. Loads of great things to do.

    For other cities look on right move and see how much rental is and then check likely transport costs.
    • Sharon87
    • By Sharon87 16th Jan 20, 11:54 AM
    • 3,804 Posts
    • 3,193 Thanks
    Sharon87
    Anywhere half livable in zone 2/3 - unless you flat share? I think you would struggle to have a decent life on less than 60k if you want a small one bed. But seriously - if you flat share 28k is fine. Loads of great things to do.

    For other cities look on right move and see how much rental is and then check likely transport costs.
    Originally posted by JayRitchie
    I earn about 39k, live in zone 3 and share a 2 bed place with one other person and I manage. I could probably managed on about 31k in this current place at the lowest (especially if I didn't have credit card debt like I do!)

    28k is half decent to be able to live in North West London in a house share, maybe a room in a 3 bed place in Zone 2-4 would be fine, with some disposable income to still have a life.

    To live by yourself in a 1 bed flat I would say about 45k-60k. Rent for a 1 bed can vary from 1k to 1.3k a month in a half decent area, and that doesn't include bills which are about 200-300 a month. So to survive well I'd say you need around 2k-2.5k a month AFTER tax at the very minimum.

    Unless you live in a rough area where it's a few hundred quid cheaper.

    NHS workers can get subsidised accommodation, but there's a waiting list and they're a bit like student halls - my friend lived in one, and it was in central London for about 650/month inc most bills! (may be more now)
    • Marcon
    • By Marcon 16th Jan 20, 10:08 PM
    • 1,587 Posts
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    Marcon
    Don't forget you'll need references for your landlord when it comes to renting.
    • Masomnia
    • By Masomnia 16th Jan 20, 10:23 PM
    • 18,142 Posts
    • 40,500 Thanks
    Masomnia
    I think if you're willing to flat share then yes absolutely fine. I met lots of great friends and even girlfriends through flat sharing, and I actually think if you're moving to a new city it's not a bad idea to maybe help you meet people.

    For me it really depends on what you like doing. You won't be eating at Le Gavroche every week, but if you get to like your local Ethiopian or Afghan restaurant and get to know the staff you'll enjoy that too and it won't cost you a lot to eat out; as cheap as anywhere in the uk.

    You have world class Museums and Art Galleries for free on your doorstep, you can go to lectures for next to nothing, meet people from all around the world and all walks of life, go and see Shakespeare performed live for less than the cost of a pint. I go to concerts at Wigmore Hall which is a world renowned venue for 5.

    I think rent is expensive, of course, but beyond that you can enjoy yourself on a shoe string if you're savvy about it.
    I could see that, if not actually disgruntled, he was far from being gruntled. - P.G. Wodehouse
    • Masomnia
    • By Masomnia 16th Jan 20, 10:25 PM
    • 18,142 Posts
    • 40,500 Thanks
    Masomnia
    And I didn't mention career opportunities....
    I could see that, if not actually disgruntled, he was far from being gruntled. - P.G. Wodehouse
    • directdebiter
    • By directdebiter 18th Jan 20, 6:34 PM
    • 255 Posts
    • 95 Thanks
    directdebiter
    Is 28,000 gross salary or net ?

    If it is gross you are likely to take home 22,000 and rent & transport is likely to absorb over 60% of this depends where you are living.
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