Do you consider £5000pm take home pay a good salary? (2024)

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KandinskyMon 15-Jan-24 16:38:40

Charleygirl5Mon 15-Jan-24 16:44:47

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

rosie1959Mon 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

DinahmoMon 15-Jan-24 16:52:11

Yes

CasdonMon 15-Jan-24 16:54:15

It would depend on your circ*mstances, 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.

NorahMon 15-Jan-24 16:55:21

I think it's probably moderately acceptable.

SiopeMon 15-Jan-24 16:55:25

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

BlueBelleMon 15-Jan-24 16:55:46

Good grief yes

62GrannyMon 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.

ShelflifeMon 15-Jan-24 17:33:36

Yes

tanithMon 15-Jan-24 17:34:46

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

JoseannMon 15-Jan-24 17:48:46

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

Oldbat1Mon 15-Jan-24 17:49:36

Yes!

GeorgesgranMon 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.

Visgir1Mon 15-Jan-24 17:54:01

Probably not for London.

petraMon 15-Jan-24 17:59:30

Visgir1

Probably not for London.

Unless you’re a nurse or junior doctor. Then we have the cleaners, bus drivers, hospitality workers etc etc.

NorahMon 15-Jan-24 18:07:30

GermanshepherdsmumMon 15-Jan-24 18:08:42

It’s impossible to say without knowing what outgoings the money has to cover and how many people it has to look after.

PurplepixieMon 15-Jan-24 18:13:02

Definately not for london. The rents are about £3,000 per month.

CasdonMon 15-Jan-24 18:13:51

There is no way you could live comfortably on the UK median wage in London Norah. I’ve got young relatives who work in the city and try, in multi occupancy flats, it’s a real struggle.

Charleygirl5Mon 15-Jan-24 18:31:00

*Purplepixie" the 3 bedroom house next to mine is on the market for £1850 and this is classed as a reasonable area in London. The school where a few past PMs were educated is within walking distance.

JaneJudgeMon 15-Jan-24 18:36:49

Yes

silverlining48Mon 15-Jan-24 18:59:12

Yes, more than good and I live just on the London border.

DoodledogMon 15-Jan-24 19:01:29

vampirequeenMon 15-Jan-24 19:03:07

Compared to my income, it's a fortune. Surely, even in London, you can live comfortably on £5000 per month.

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