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Minimum salary required in London: £500k?

firevlondon.com

1–10 of 94 posts

Re: Minimum salary required in London: £500k?

#5
Crap man, and when I was earning a modest (by comparison) 45k I thought I was decently well off.

there is something to be said for the house prices though, I would never go back on anything less than 80K.. I don't mean that in a snobby way- I simply mean my standard of living outside of london would equate to 80K of salary -inside- london. I don't expect people to pay it.

it's scary the beast that london is.

Re: Minimum salary required in London: £500k?

#6
Tldr: no, but if we redefine "live in London" as "live in Zone 1, take family of four skiing in France four times a year, send kids to private school from age 3, always eat at Michelin starred restaurants, own multiples of everything Apple ever releases, any other stupid consumerism you can think of" then yes.

Re: Minimum salary required in London: £500k?

#9
post #7

I would say 50K is required to live well in London and 20K as a minimum salary. 500K as a minimum is ridiculous.

£20k is a much better estimate. A twentysomething without children can live comfortably on that -- with plenty of money for drinks, gadgets and eating out.

Re: Minimum salary required in London: £500k?

#10
post #7

I would say 50K is required to live well in London and 20K as a minimum salary. 500K as a minimum is ridiculous.

£20k is a much better estimate. A twentysomething without children can live comfortably on that -- with plenty of money for drinks, gadgets and eating out.

How much is that person spending on rent in London?
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