£27k salary would you say that is low or high

Watch this thread
ineedtorevise127
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#1
Report Thread starter 3 years ago
#1
In London (living with parents )

And rest of UK (living with parents)


That is about the average UK salary
0
reply
cheesecakelove
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#2
Report 3 years ago
#2
Depends on how far you are in your career and what your living budget is like.
6
reply
unholysaint2022
Badges: 21
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#3
Report 3 years ago
#3
way too low for me.
4
reply
Doones
Badges: 21
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#4
Report 3 years ago
#4
(Original post by ineedtorevise127)
In London (living with parents )

And rest of UK (living with parents)


That is about the average UK salary
It is what it is, and being "too low" or "too high" entirely depends on the circumstances.

Also https://www.telegraph.co.uk/money/co...erage-borough/
1
reply
TheYearNiner
Badges: 21
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#5
Report 3 years ago
#5
Low for living in London and average of you're elsewhere in uk
1
reply
doodle_333
Badges: 19
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#6
Report 3 years ago
#6
Depends on your life situation. If you've got 2 GCSEs and you're 17 it's really good. If you've got an engineering degree from a top uni plus work exp it's not great. You can live on it either way.
3
reply
Quady
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#7
Report 3 years ago
#7
(Original post by ineedtorevise127)
In London (living with parents )

And rest of UK (living with parents)


That is about the average UK salary
As I was offered £28k on graduation a decade ago then I'll go 'low' out of those options. (that was in North West england)
1
reply
ajj2000
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#8
Report 3 years ago
#8
(Original post by Quady)
As I was offered £28k on graduation a decade ago then I'll go 'low' out of those options. (that was in North West england)
That would be a great starting salary outside the SE today, even more so 10 years ago (early in the recession I'd guess).
0
reply
Themysticalegg
Badges: 21
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#9
Report 3 years ago
#9
Depends on your career stage, however if you're living with your parents and spending is low its a great wage to have. Probably saving more money than most people if rent and food expenditure is minimal.
1
reply
Sonicalireza
Badges: 13
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#10
Report 3 years ago
#10
If you just came out of Uni and got a job outside of London for starting salary 27k, I’d say that is high for that’s context
1
reply
NX172
Badges: 17
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#11
Report 3 years ago
#11
Depends which part of London, might be ok for some of the worst boroughs. If that's your graduate salary you'd be doing 'ok' and likely on track for much better in a few years to come. Otherwise it's very low.
Generally on that salary you can expect to be renting a room and living an extremely frugal life - some people are ok with that, especially those living on their own. If you have any dependents you'll find life a daily struggle.
0
reply
londonmyst
Badges: 19
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#12
Report 3 years ago
#12
Depends on personal circumstances: age, occupation, location, no of dependents, usual standard of living.
For graduates living in London with families to support, it would be low.
The average single graduate monthly rent for a room in outer London is around £700-750 plus a share of bills, inner London region closer to £1000.
1
reply
FloralHybrid
Badges: 21
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#13
Report 3 years ago
#13
(Original post by ineedtorevise127)
In London (living with parents )

And rest of UK (living with parents)


That is about the average UK salary
If you’re not paying rent or utilities yeah that’s pretty good. As people have said above - If you’re at the bottom of a potential career ladder, it’s a much better salary than if you’re near the top, or in a career where there’s little room for movement.
0
reply
Dannyboy2015
Badges: 13
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#14
Report 3 years ago
#14
Well, what are you doing for that job? If you are stacking shelves in a supermarket it is about 3* as much as their lowest band employees. If you are an engineer that just designed a new engine for Ford then it is pretty low.
0
reply
Quady
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#15
Report 3 years ago
#15
(Original post by NX172)
Depends which part of London, might be ok for some of the worst boroughs. If that's your graduate salary you'd be doing 'ok' and likely on track for much better in a few years to come. Otherwise it's very low.
Generally on that salary you can expect to be renting a room and living an extremely frugal life - some people are ok with that, especially those living on their own. If you have any dependents you'll find life a daily struggle.
Why on earth would you rent a room rather than just have your own place?
0
reply
Dannyboy2015
Badges: 13
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#16
Report 3 years ago
#16
(Original post by Quady)
Why on earth would you rent a room rather than just have your own place?
Your own place would likely have your bed and kitchen in the same room if it was central London xD
0
reply
Dannyboy2015
Badges: 13
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#17
Report 3 years ago
#17
Yes, but contrary to popular belief being so frugal that you are eating baked beans every day for the rest of your life and have no savings is not a good thing.
0
reply
Quady
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#18
Report 3 years ago
#18
You can live alone and save over £500/month on that.
0
reply
Quady
Badges: 20
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#19
Report 3 years ago
#19
27k in hull is like 60k in london. Pretty decent.
1
reply
Dannyboy2015
Badges: 13
Rep:
? You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#20
Report 3 years ago
#20
Mcworkers couldn't afford to live in London on their own : (

I mean avg rental price for 1 bed flat in London = 1.25k * 12 = £15,000 before bills, and council tax/income tax. = pretty much baked beans.
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Year 12s - where are you at with making decisions about university?

I’ve chosen my course and my university (26)
28.26%
I’ve chosen my course and shortlisted some universities (31)
33.7%
I’ve chosen my course, but not any universities (8)
8.7%
I’ve chosen my university, but not my course (3)
3.26%
I’ve shortlisted some universities, but not my course (5)
5.43%
I’m starting to consider my university options (13)
14.13%
I haven’t started thinking about university yet (4)
4.35%
I’m not planning on going to university (2)
2.17%

Watched Threads

View All