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?

To all those people saying that you can't live in London on that - lots of people do! The average salary in London is massively skewed by people with jobs in the city earning 6 figures.

I work in a hospital, all the band 4s and under live on this or less.

You'll always have some people say they can manage just fine on that amount and others for whom it wouldn't come close to covering their outgoings. Whether it's a good salary is a different question to whether it's a good income imo.

As a salary it really depends on the job, the qualifications required to do that job, amount of experience and the industry norm. So £25k might be great for I dunno, an office admin role with a few years experience or a graduate starting work but it would be pretty crap if you're a neurosurgeon! For my job ( definitely not a neurosurgeon ) it wouldn't just be a low salary, it would be impossible to find someone to actually do the role for that amount.

In London? No, not really. Unless you're very young and no dependants. £25k would give you a take home salary of about £1700. So depends on what your outgoings are really.

No. I would be actively looking for a new position if I were getting paid that amount.

Very low wage - I earned that much 30 years ago

It depends where you live.

I’m in the north west. Earn £27k. I live alone. Pay a mortgage. Utility bills. Car payment. Car insurance. Phone bill. Internet.

And have over £700 left over. Take out food and petrol. £500 disposable income a month.

I manage 3-4 abroad holidays a year. UK trips.

I managed on £23k when I bought my house.

Am not in South East, but even here, assuming you could borrow 3xsalary for a mortgage, then you'd only be able to afford a garage on a single salary. I've just checked rightmove and you couldn't even afford a rundown bedsit in the worst area. £160k would be needed to get you the cheapest bedsit.

Really think mumsnet is full of snobs! I’m from the south of London. My mother used to earn £22k a year when me and my siblings lived at home, she paid her mortgage and had 4 mouths to feed, the only help she received was from my dad who was earning around £28k (parents Serpentes) We still went on holidays and had nice clothes. So for everyone stating that anyone earning under £25k needs benefits is wrong. I’m only 24 by the way so it wasn’t decades ago either!

In London no not really. I was earning £27k 20 years ago in London and I struggled then to afford much after rent and bills. In Devon where I live now it’s a decent wage.

Not really, a couple with both of you on that wage wouldn't be able to buy a property near me and I'm not in London. It depends how old you are, how many dependants you have and if you can progress though.

I’m in the north west. Earn £27k. I live alone. Pay a mortgage. Utility bills. Car payment. Car insurance. Phone bill. Internet.
And have over £700 left over. Take out food and petrol. £500 disposable income a month.

Your mortgage must be peanuts- how much was your house when you bought it?

Exactly. In the SE the cheapest flat nr me is around £200K - 1 bed flat.
So a single person would need to earn around £65K and have a 20% deposit as well.

Whereas in the north where I have extended family, you could buy a house ( 2-3 beds) for £100K and even a run down house for £50K!

I can't speak for London but that figure is over 6k the average pay for the town I work in.
It just shows that income is relative to what's around you.

No.

It’s a shit salary if you are living in London.

Depends how many hours you work, if it's standard working hours and any perks. (i.e. do you get a pension contribution too?)

It's not shit it's average plenty of Londoners earn less than that there are lots of high earners on.mn but theyre not the Average

I earned that much 30 years ago
Well aren't you the lucky one?

As a starting point, yes, but as lifelong potential/ending point, no.

Based on 35 hours over 52 weeks it's £13.74 per hour. (Assuming paid holidays).

No.

It just shows that income is relative to what's around you

This.

And words like "£25K is the average income" are meaningless because the average income varies depending on where you live.

This is an interesting table about incomes and cities

www.bbc.co.uk/news/business-43729508

I’d consider it low.

SE coast and would consider that to be a fairly low salary.

In our area It would be enough. You can rent a one bed flat for £350 - £400/ month. Things are generally cheaper so you would be doing ok if not rolling in it.

Average weekly wages

www.bbc.co.uk/news/business-43729508

Highest and lowest wages in UK's largest towns and cities*
London: £727
Reading: £655
Crawley: £633
Milton Keynes: £619
Cambridge: £609
Slough: £606
Oxford: £600
Edinburgh: £598
Aberdeen: £597
Derby: £595
Aldershot: £588
Southampton: £579
Luton: £571
Swindon: £560
Bristol: £547
National Average: £539
Leeds: £533
Coventry: £532
Birmingham: £527
Glasgow: £526
Gloucester: £526
Portsmouth: £520
Belfast: £514
Liverpool: £512
Manchester: £512
Warrington: £510
Northampton: £508
Ipswich: £506
Cardiff: £505
Dundee: £503
Bournemouth: £503
Basildon: £501
Newcastle: £501
York: £501
Blackpool: £500
Exeter: £499
Peterborough: £497
Telford: £497
Brighton: £496
Chatham: £494
Blackburn: £488
Nottingham: £486
Sunderland: £484
Wakefield: £483
Leicester: £480
Preston: £480
Middlesbrough: £477
Sheffield: £474
Newport: £473
Mansfield: £472
Plymouth: £467
Hull: £466
Swansea: £464
Burnley: £459
Stoke: £455
Bradford: £455
Worthing: £455
Barnsley: £453
Norwich: £450
Doncaster: £447
Wigan: £436
Birkenhead: £428
Huddersfield: £424
Southend: £413

Depends, surely?
18 with no dependents, no experience and basic GCSEs? Bloody amazing.
Uni grad? About average.
A degree educated 62 year old? Bit shit...