Would you consider £25k to be a good salary

[Sergio4]

I would. I live in London and would love to earn that much. Most of my friends living on London are on £20k or under (some have kids)

Your thoughts?

Sorry no I’d consider 25k terrible for London. I earned that (plus bonus, free lunch and a clothing allowance) as a receptionist in London back in 2010.

On Mumsnet even a £70k salary is considered low if in London

Up north here and I’d say that wasn’t a particularly bad salary, but I wouldn’t say that was a good salary either. As others have said it depends on age, job role, experience and qualifications. I’m in the age bracket 25-30, 2 diplomas in my field and earn just shy of 32k, but I have little experience in my actual job role (recently qualified) but have 9 years experience in my sector

@QueenDoris £300k a year?

Meant to write "say good" sorry

I was on that as a new grad renting a room in a shared house and it was tight but ok. I couldn't support a family on that.

Where I live a household with a couple earning £25k each would have plenty to afford a mortgage on a 3 or 4 bed in a lovely area and a really good standard of living.

It depends on where you are.

For London? It depends what kind of job it is, but in a professional role? No.

As a career maximum for a skilled job? No it’s bad.

I'm only on 17.5K per year - so yes I'd be pretty happy with that.

It depends on one's experience and qualifications. It depends on the skills required to do the job.

It's probably about average amongst my group of friends and I don't think it's a bad salary but obviously does depend what outgoings you have.

@Mrsknackered

I meant net of tax of course

Depends on qualifications, experience and effort.

Isn't the national average 26k? As everyone said it depends on your skills, the sector and your qualifications. The national average being 26k shows that yes, relative to the rest of the population, it is a 'good' salary.

My friend is a nurse, qualified for 3 years, works in a central London hospital in a specialist field and earns 25k. Education/skill does not always equate to a good salary unfortunately.

Too many factors to answer, OP. Can you give a bit more info?

Most of my friends living on London are on £20k or under (some have kids)

That's a very low salary. Most likely for unskilled work.

As a graduate salary starting out...25k may be okay.. but not for an adult living alone.

You wouldn't be able to manage that in London, unless you lived with someone else or with your parents. Rent for a one bed flat is £1k a month and upwards.

Round here it’s enough to comfortably afford a home as a single person, go on plenty of holidays if they aren’t too pricy, and save plenty.

It would be less comfortable as a joint income for a couple, I think you would have £700 pcm after bills, which would make running e.g. a car each and going on holiday difficult if you wanted to save appropriately for retirement.

I think it would be manageable but not comfortable for a family. Things like holidays and pension savings would be difficult, and you’d be living in a small two-up, two-down with kitchen tacked on the back.

If the people around you have outgoings like yours and they earn 20k, then 25k will seem like an excellent salary.

No

Average /mean salary in UK is £27 so it's below that.

If you work in a cafe or shop, or do a job anyone can do with no training, and have no qualifications it might be high for you but relatively it's not.

I earn that for 3 days a week. I wouldn’t consider it goodmfor full time work. I don’t consider it good for 3 days! I’m in N Ireland.

Well £10 and hour is the standard for an untrained person in London (food retail, bar etc). So based on a 40 hour working week it is a little bit more than that but not much.

Anyone living in London who has kids and earns £20K will be receiving a lot in benefits incl (at least) child benefit. They certainly can't buy a home on that. Private rentals- room in a shared house-are around £900 a month if you mean Zone 1 or 2.

Not a great salary in London... it would be mostly swallowed by childcare, for example (which was my experience on that much), and entirely if you have more than one child.

Probably a fine salary outside the south east, though!

Depends on your experience, profession and education, as well as location.

That was my starting salary years ago as a 23 year old with a highly marketable degree and postgrad. It was considered a reasonable starting salary then, for someone with my knowledge/skills. However you'd expect to be increasing to £30k + within about 3 years. These days with childcare to cover, it wouldn't be much use.

If this is a low skilled job, on the other hand, then it's probably a fairly decent salary.