Asked By: Oscar Wood Date: created: Nov 26 2021

Is 40K a good salary UK outside London

Answered By: Zachary Brown Date: created: Nov 26 2021

40K, in my opinion, is a very average salary in London.

However, for some professions, it could also be on unreachable salary.

In 2019, the average salary in London was around £37k.

So 40K per year is actually slightly higher than the average salary..

Asked By: Abraham Morris Date: created: Mar 07 2022

Is 45k a good salary in London

Answered By: Kyle Campbell Date: created: Mar 09 2022

Yeah 45k is decent. That’s around 2.8k monthly take-home. You can get a modern studio or even a small 1 bedroom apartment for 1200-1300, the rest is up to you and your lifestyle.

Asked By: Leonars Adams Date: created: Mar 28 2021

How much is 20000 a year per hour UK

Answered By: Jaden Gonzales Date: created: Mar 31 2021

£20,000 a year is how much per hour? If you make £20,000 per year, your hourly salary would be £9.62. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

Asked By: Geoffrey Edwards Date: created: Mar 18 2021

What is the lowest salary you can live on

Answered By: Evan White Date: created: Mar 18 2021

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321.

Asked By: Logan Mitchell Date: created: Apr 27 2021

What is considered rich in UK

Answered By: Herbert Hughes Date: created: Apr 28 2021

It shows that anyone earning above £75,300 is in the top five per cent of taxpayers. In 2017, polling firm Yougov looked into what kind of salary Britons think makes a person “rich”. The results showed that people in the UK think the top 10 per cent of earners – those bagging on average £60,500 a year – are wealthy.

Asked By: Cody Harris Date: created: Oct 13 2021

How much do I need to earn to live comfortably UK

Answered By: Malcolm Jones Date: created: Oct 15 2021

Most Brits feel that a salary of £2,000 a month after tax and national insurance is the threshold amount for a comfortable lifestyle (for a single person).

Asked By: George Richardson Date: created: Apr 05 2022

Is 100k a good salary in London

Answered By: Donald Smith Date: created: Apr 05 2022

£100k is certainly a much higher salary than most people in the UK earn – £80k would put you in the top 5% of earners, despite what this guy said during an election debate. A survey taken five years ago found that only about 1 million people earned more than £100k per year.

Asked By: Jesus Sanchez Date: created: Apr 21 2021

Is 20k a good salary UK

Answered By: Alan Turner Date: created: Apr 21 2021

20k is a good wage if you’re young, fresh out of uni, still living with parents or in a house share but for a career it’s not a lot. You’d still be living pay cheque to pay cheque. You can’t buy a house or support a family on 20k. Lots of households support families on incomes of less than 20k.

Asked By: Chase Mitchell Date: created: Jan 17 2021

Can you live on 1000 a month 2020 UK

Answered By: Antonio Ross Date: created: Jan 18 2021

Believe it or not, even if you have plenty of responsibilities, it is perfectly possible to live on £1,000 each month, even less. However, you’re going to have to start thinking creatively. What’s more, you may have to make reductions and big lifestyle changes.

Asked By: Malcolm Young Date: created: Dec 03 2021

Is 20000 a year poverty

Answered By: Cyrus Perry Date: created: Dec 04 2021

Poverty, as defined by the government, takes into account income and the number of people in the household. At around $20,000, families of three or larger are considered impoverished. (The poverty level is $11,880 for one person and $16,020 for two people.)

Asked By: Anthony Smith Date: created: Jun 15 2021

Is 35000 a good salary in UK

Answered By: Diego Russell Date: created: Jun 18 2021

£35k is quite a high salary.

Asked By: James Taylor Date: created: Jul 22 2021

Is 40K a good salary UK

Answered By: Gabriel Miller Date: created: Jul 24 2021

40K is definitely good enough to support yourself, live relatively comfortably. The tax will take quite a good percentage off that which is quite a pain. I guess it won’t be enough to support a family very well if you live in the central London area, or higher investments like buying a house.

Asked By: Andrew Ward Date: created: Nov 23 2021

Can you survive in London on 25k

Answered By: Jonathan Hernandez Date: created: Nov 23 2021

25k is ok to live in london. With debt i was on that when i moved here 3 years ago, and i was paying 950/month to share a 2 bed flat 10 mins walk from my office. yeah you wont be boozing every night, but you can do just fine. You can still afford some social stuff etc.

Asked By: Cameron Patterson Date: created: Jun 15 2021

Can you live on 25k a year

Answered By: Wyatt Rivera Date: created: Jun 15 2021

To live on $25,000 year, really means $25,000 after taxes. Given this, you would have about $2,100 a month for food, rent and other necessities. This could possibly be enough if you don’t own a car because if you did, there would be additional expenses for gas, repairs and insurance.

Asked By: Dennis Henderson Date: created: Apr 19 2022

Can you live off of 30000 a year

Answered By: Samuel White Date: created: Apr 22 2022

$30,000 a year is good for a single person, but it might be a stretch for a family unless it is one of multiple income streams. However, it can work depending on where you live and how you budget. … If you need to survive on $30,000 a year, it may be accomplished through budgeting and reducing your expenses.

Asked By: Jesse Brown Date: created: Sep 01 2021

What is a comfortable salary for a family of 4 UK

Answered By: Alex Scott Date: created: Sep 02 2021

A couple with two children need a household income of at least £40k a year to have a decent standard of living. New research claims a family of four needs an income of £40k to live comfortably, while singletons can enjoy life earning £18,400.

Asked By: Jose Carter Date: created: May 21 2022

Is 30k a good salary in London

Answered By: Herbert Jackson Date: created: May 23 2022

30k in London is do-able. However this kind of salary level will only buy you a decent quality of life if you are sharing accommodation, or living right next to your workplace. Bottom line, if you’re only earning 30k in London, you have to hustle to survive, or else have some friends/family help you meet your expenses.

Asked By: Isaiah Gonzales Date: created: Jun 27 2021

Is 25000 GBP a good salary

Answered By: Gerld Martin Date: created: Jun 30 2021

It’s a decent salary.

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