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What is a liveable salary for a single person with no dependents in London?

Move back to Leeds and save a fortune.
there's even less opportunities. and even if i managed to get a job, i'd be bored to death. I have no friends in Leeds and the club scene is rubbish compared to London. My life is here, not in Leeds. I went a bit mental when I stayed there over the summer.
 
that's £1103 a month after tax.
so:
Rent: £600-800
Council Tax & Bills: £100ish (?)
Food: £80-100
just about doable I suppose, or am I missing something out?

i was going to say 17k is not £1400 a month

your council tax may be a bit higher than £100 quid too , all depends opn the area really
 
oh, and don't forget that as a single man, provided you work over 30 hours a week, you may be able to claim working tax credit if you are on a low wage.

similarly, you could also (potentially) be entitled to claim housing benefit and/or council tax benefit, depending on your liability and income.
 
what about savings/emergency cash etc? to pay for unexpected things/repairs/travel/christmas etc? I've often found this is one thing I've completely left off the budget, but ends up being more of a chunk of the monthly budget than I'd thought, and can really get you into trouble if you don't have it set aside.
 
what about savings/emergency cash etc? to pay for unexpected things/repairs/travel/christmas etc? I've often found this is one thing I've completely left off the budget but ends up being more of a chunk of the monthly budget than you'd think and can really get you into trouble if you don't have it set aside.
dunno, i've never saved any money ever. but perhaps it is more advisable to do so on a lower wage. i would find it very hard not to spend all of my money every month though as i have very poor impulse control.
 
dunno, i've never saved any money ever. but perhaps it is more advisable to do so on a lower wage. i would find it very hard not to spend all of my money every month though as i have very poor impulse control.

Do a direct debit into a savings account and give your card to someone else so you can't spend it ;)
 
to me, these figures seem too low to be realistic. the only time I have felt I could live comfortably off what I was making and able to handle unexpected expenses was when I was making over $500 a week and paying a similar amount in rent monthly.

I've always thought of that as a good indicator: you can be comfortable if your monthly rent is equal to or a little higher than your weekly salary. (Obviously that doesn't work with very low salary/rent equations as you still might not have enough to live on)
 
to me, these figures seem too low to be realistic. the only time I have felt I could live comfortably off what I was making and able to handle unexpected expenses was when I was making over $500 a week and paying a similar amount in rent monthly.

I've always thought of that as a good indicator: you can be comfortable if your monthly rent is equal to or a little higher than your weekly salary. (Obviously that doesn't work with very low salary/rent equations as you still might not have enough to live on)

It's very common in London for people to pay up to half their monthly take home pay in rent.
 
to me, these figures seem too low to be realistic. the only time I have felt I could live comfortably off what I was making and able to handle unexpected expenses was when I was making over $500 a week and paying a similar amount in rent monthly.

I've always thought of that as a good indicator: you can be comfortable if your monthly rent is equal to or a little higher than your weekly salary. (Obviously that doesn't work with very low salary/rent equations as you still might not have enough to live on)
well it depends what you mean by comfortable. if i had a couple of hundred quid spare a month after rent, bills and food , i'd be reasonably content.
 
Earning 30 times your monthly rent in a year seems to leave you able to live comfortably. So £600 rent = annual salary of £18k.
 
Earning 30 times your monthly rent in a year seems to leave you able to live comfortably. So £600 rent = annual salary of £18k.
this is the ballpark figure salary i'm looking at if i get a job. i used to earn loads more, but considered it as only just enough to live on. fuck knows what i spent it on!
 
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