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

Didn't you used to live & work in London? How did you manage then?
I just about coped then, but I was on £30K. Now I've been away from London and am back here looking for work, I've slipped down the salary ladder to the bottom rung again, so will be earning a lot less when I get a job finally.
 
It's very common in London for people to pay up to half their monthly take home pay in rent.

does that include bills? that's a factor I wasn't thinking about. Here you're generally paying for heat (expensive in New England!) electric, sometimes water, phone, internet, cable, car insurance, rental insurance, etc. Oh and don't forget things like gym membership/other monthly/yearly dues
 
does that include bills? that's a factor I wasn't thinking about. Here you're generally paying for heat (expensive in New England!) electric, sometimes water, phone, internet, cable, car insurance, rental insurance, etc. Oh and don't forget things like gym membership/other monthly/yearly dues
bills are on top of that! but luckily here, cars are not necessary to get about. they seem to be a huge expense on both sides of the ocean (more so on this side cos of fuel costs).
 
I just about coped then, but I was on £30K. Now I've been away from London and am back here looking for work, I've slipped down the salary ladder to the bottom rung again, so will be earning a lot less when I get a job finally.

how much was your rent at that time? maybe calculate the salary to rent percentage and apply it to your current situation to get a sense of what you can be comfortable on
 
how much was your rent at that time? maybe calculate the salary to rent percentage and apply it to your current situation to get a sense of what you can be comfortable on
it was only £500 at the time, as it never went up in the 10 years I lived there. I could be comfortable on much much less now. I must have wasted a lot of money on nothing at all. I reckon £18-20K will be sufficient enough for me and I could get by on a lot less. I wouldn't have thought so a couple of years ago.
 
bills are on top of that! but luckily here, cars are not necessary to get about. they seem to be a huge expense on both sides of the ocean (more so on this side cos of fuel costs).
true. and this is part of my "comfortable salary" equation. Because, for example, if your car breaks down the week before rent is due, and costs almost all the cash you have on hand to fix, then you still can pay your rent the next week, etc.
 
true. and this is part of my "comfortable salary" equation. Because, for example, if your car breaks down the week before rent is due, and costs almost all the cash you have on hand to fix, then you still can pay your rent the next week, etc.
I'm glad I don't drive/need a car! I still worry about unexpected costs for my bike though.
 
Yes, you definitely need to include a contingency for unexpected expenses in your budget OU, I seem to have something I hadn't expected to need to pay for every month.
 
You could try Camelot, you live in an empty property for very low rent and some people I know have had pretty cool places in town.
 
oh, i read an article about that. not sure about the ethics of that. plus, i think you need to be a salaried type, you can't do it on HB for sure, as you're the type they're trying to keep out :D
 
oh, i read an article about that. not sure about the ethics of that. plus, i think you need to be a salaried type, you can't do it on HB for sure, as you're the type they're trying to keep out :D
Yea think you need a jerb just an idea. don't think providing cheap accom in an empty building is too naughty but I do see what your saying
 
You could try Camelot, you live in an empty property for very low rent and some people I know have had pretty cool places in town.

They are cunts imo but this is correct. Only thing is that they have 100+ applicants per property and prefer to use security cleared people as tenants.
 
They are cunts imo but this is correct. Only thing is that they have 100+ applicants per property and prefer to use security cleared people as tenants.
are you implying i wouldn't pass muster securitywise and that i'm not to be trusted? :mad:
 
are you implying i wouldn't pass muster securitywise and that i'm not to be trusted? :mad:

No. But people who have already been security cleared are easier for them to place. I know Camelot quite well through work and they give a preference to ex-forces people and the like in a lot of cases.
 
i was on nineteen grand a year when i first moved to london (04) and it was a struggle. that was paying £520 a month rent (inc council tax).
 
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.

If you add transport to that, I'd agree. Maybe clothes too (because those aren't cheap nowadays) and for a lot of jobs you have to fund presentable clothes out of your own pocket.
 
Yes. The Albert. £7 bottle of wine, pint of lager £2.20 :)
That's not bad for a bottle of wine in London. It really makes our corner shop look like a total pisstake tho (£7.99 for a bottle of rose wine).
I think the local pubs may be a smidgen less than that for a bottle and the pints are cheaper too, but u'd expect that.
 
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