£24,000 is not a good UK salary. It is well below average. The average full-time income this year is around £31,000.
Is 24k a good salary in the UK?
£24,000 is not a good UK salary. It is well below average. … So by definition it’s about 25% below the standard average. The legal minimum wage for an adult is £8.20 an hour, or around £17,000 a year. This is what a bar clerk or someone working in hospitality or retail would receive as an entry level.
Is 25k a good salary in the UK?
According to reputable graduate job sites such as graduatejobs.com, the average starting salary for UK graduates is estimated to be between £21,000 and £25,000. … Meanwhile, totaljobs.com estimates a slightly higher average of £27,000 for graduate jobs. Those working in Greater London can start with an even better salary.
What is a living wage in the UK?
The living wage is a voluntary minimum separate from the government’s national living wage. It is calculated annually by the Resolution Foundation. It currently stands at £9.50 outside London and £10.85 in London – in recognition of the higher cost of living associated with living in the capital.
Is 20,000 a good salary in the UK?
20,000 is a good salary when you’re young, fresh out of college, still living with your parents or with a roommate, but it’s not much for a career. … 20,000 is a good salary when you’re young, fresh out of college, still living with your parents or with a roommate, but it’s not much for a career. They would still be living paycheck to paycheck.
Is 35k a good salary in the UK?
When I moved to London I was earning less than that and had no financial difficulties to speak of. £35,000 is quite a high salary. … Yes, it’s an average salary, even slightly above average. With your own apartment it could be a bit cramped, but it should be manageable.
Can you live in London with 30,000?
30k in London is doable. However, this type of salary only gives you a decent quality of life if you live in a shared apartment or live very close to where you work. If you end up earning just £30,000 in London, you’ll either have to survive on your own or ask friends or family to help with your expenses.
Is 40k a Good Salary in UK 2019?
The average income for a UK family of two working adults is £40,000 a year. But if there are people who are comfortable with it, for others it is a daily struggle. … They own a £300,000 detached house and say they feel comfortable and stable with a combined income of £40,000.
What is the income of the middle class in Britain?
In 2011, the established middle class had an average family income of £47,000 a year and owned an average house worth £177,000 with average savings of £26,000. Many were college graduates and most of their members are in the professional or management world. Many come from professional and managerial families.