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Do you consider £5000pm take home pay a good salary?

(165 Posts)
Visgir1 Mon 15-Jan-24 17:54:01

Probably not for London.

Georgesgran Mon 15-Jan-24 17:50:41

Blimey - in the North East, that’s a fortune! Most couples don’t bring that much home between them.

Oldbat1 Mon 15-Jan-24 17:49:36

Yes!

Joseann Mon 15-Jan-24 17:48:46

It would depend on further information, but no, not especially good in London.

tanith Mon 15-Jan-24 17:34:46

Yes and I too am aware of London prices as I’ve lived here all my life.

Shelflife Mon 15-Jan-24 17:33:36

Yes

62Granny Mon 15-Jan-24 17:15:18

On the lower scale of yes, as if it's for a single person or a couple both earning that amount, probably ok , but one wage earner with children probably not these days. It looks a lot to us but London rents are so high then throw in all the expenses that go with children. So probably need a bit more.

BlueBelle Mon 15-Jan-24 16:55:46

Good grief yes

Siope Mon 15-Jan-24 16:55:25

It’s certainly in the top 5% of earnings, so yes.

Norah Mon 15-Jan-24 16:55:21

I think it's probably moderately acceptable.

Casdon Mon 15-Jan-24 16:54:15

It would depend on your circumstances, is it for one person who is renting, or would it include mortgage payments? I’d say a first time mortgagee would struggle on that salary now mortgage interest rates are high, a tiny flat in London costing £500k would have a mortgage of over £2.5k per month.

Dinahmo Mon 15-Jan-24 16:52:11

Yes

rosie1959 Mon 15-Jan-24 16:49:45

Around £90k per annum but depends what the job is and the going rate. Also depends on expenses mortgage rent childcare ect

Charleygirl5 Mon 15-Jan-24 16:44:47

I think that is good and I live in London so am aware of the prices.

Kandinsky Mon 15-Jan-24 16:38:40

Just that really.

Just a quick yes / no answer is fine.

This is a London salary by the way so everything here is expensive!