To wonder what classes as high/middle/low earner?

[MeteorMedow]

Just that to be honest.

Every other post I see on MN, someone is referring to their earning status (high/medium/low) although arguably I see far more claiming to be high or low than middle!

But what do they mean? I’m guessing theirs quite a big variance and probably totally different between London/not London.

Here’s what’s in my head (London/non London)

High Earner - £85+/£65+
Middle Earner - £30+/£25+
Low earner - less than the above

Obviously household income is a big deal- a single person on £20k a year would get by ok but a family of 4 would struggle. But I just wondered what other people take these brackets to mean!

(I’m in my mid twenties btw so that may effect my brackets)

*theres (autocorrect)

High £60+
Middle £25-50
Low below £25

I think it really depends on where you live and your circumstances eg someone on 50k who is young free and single might consider themselves a high earner if they have three DCs and a SAHP they might not. It also depends if your mortgage is £3000 or £300 a month which again will be impacted by where you live. You can earn what sounds like a highish amount but have nothing left at the end of the month over you've paid extortionate rent/mortgage childcare etc , so you're not living the lifestyle of someone earning the same but living elsewhere. I don't live in London but I do love in the south East when I hear how cheap some people's rent/mortgage/nursery fees are it's astounding, we have a decent combined income but if we lived outside of the SE could probably have a bigger house, newer cars, more frequent very nice holidays etc