Is 24k a decent starting salary?

Hi, I've been offered a graduate job in London with 24k starting salary - is that great, ok or bad?

Thanks

(edited 8 years ago)

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24k would normally be a decent starting salary for average hours and little to no higher education but in London the cost of living is ridiculously high.

yeah it's good

It'd be even better if you lived outside London with that job

Reply 4

yabbayabba

Original post by Docjones1

24k would normally be a decent starting salary for average hours and little to no higher education but in London the cost of living is ridiculously high.

Thanks, however I don't quite agree about the little to no higher education bit. A school leaver isn't going to be offered this amount I don't think.

Reply 5

LavenderBlueSky88

Seems about average for a graduate job tbh, but then I don't live in London. It's more than what I get anyway and I've been working for a year.

Reply 6

yabbayabba

Original post by ImNotReallyMe

It'd be even better if you lived outside London with that job

I'm from London anyway, so I'll probably stay at home and save on rent.

Reply 7

Londoner.

Congrats

Yeah I would say that is a pretty good starting salary :smile:

Reply 8

Juichiro

Original post by yabbayabba

Hi, I've been offered a graduate job in London with 24k starting salary - is that great, ok or bad?

Thanks

Average London grad job salary.

Reply 9

Mpagtches

It's better than 23k.

Reply 10

jape

Mate I'm working a zero-hours contract at minimum wage for McDonald's. I'd stab a baby to get that job. Do it.

Reply 11

Zozoeeee

no lol I make 100k/hour

Reply 12

Juichiro

Original post by jape

Mate I'm working a zero-hours contract at minimum wage for McDonald's. I'd stab a baby to get that job. Do it.

Reply 13

nemoshish

Yes, you will be fine, you just have to keep cost down. London is very expensive and will leave you a little saving.

Reply 14

jape

Original post by Juichiro

I know. And I actually like babies.

Reply 15

Man.bear.pig

that's beautiful. i make that 23k and life is good and I don't even have 4 yr degree yet. budget a bit and don't have to commute that far from work to residence/save petrol, cheap place to start, sure why not. I've a motor and share a nice semi, things might be tight if you're in London lol

Reply 16

Man.bear.pig

Original post by yabbayabba

I'm from London anyway, so I'll probably stay at home and save on rent.

plz do

Reply 17

username944192

Original post by yabbayabba

I'm from London anyway, so I'll probably stay at home and save on rent.

If you're living at home it's plenty. I earn a few k over that and I have a lot of spare money each month but it depends how much if any you will be paying your parents? I pay my Mum some rent and bills but it's nowhere near as much as moving out would be.

Also, I have found from my own research that living in London isn't as expensive as everyone says. You can move into a houseshare for around £500 a month and then bills on top, I think that's pretty reasonable?