What's a good salary in the UK 2024?

[pjgtech]

How long is a piece of string?
Some good resources mentioned above, but no-one can tell you exactly how much YOU need, as your circumstances will be specific to you.
My wife and I earned about the same when we both worked (full time), both white collar professional workers, and we lived relatively comfortably.
We have now both recently retired, so both have a much reduced income, but we have no mortgage, which helps, and we can still live to a reasonable standard.
As above it will depend on your status, eg: to come /live /work here, what qualifications you have, your age, health, experience, what sector you will be working in, the availability of suitable work, where you will be living, what type of property you will be living in, what your living costs will be, what standard of living you wish to have, etc, etc, plus 1000 other things.....

 

[Tom1982]

Isn’t that a lot, especially to live in a studio flat in the northern cities mentioned? I thought I live alright in a 1 bed flat but I earn less than that and live in the south where prices are much higher.

He asked what a good salary is. Without going into too much detail that’s roughly what I get and it doesn’t go that far! Covers the 3 of us with a bit left over. We live down south so I’d say up north that’d be a good salary.

 

[Davetherave99]

Your network is also importent friends family interests even religion culture etc so long as it gels

 

[CliffH]

He asked what a good salary is. Without going into too much detail that’s roughly what I get and it doesn’t go that far! Covers the 3 of us with a bit left over. We live down south so I’d say up north that’d be a good salary.

I guess what a "good" salary is can be interpreted in at least two ways: 1) How much a person needs to live a comfortable life and 2) What would be considered a higher than average salary for a particular job.

In the case of the first interpretation, there are occasional surveys that indicate how much the average person needs - although key factors will include (as you say) where someone lives and the number of dependents a person has. In the case of the second, in the NHS £40k would be a good salary for a nurse but a pittance for a medic.

 

[everydayupsanddowns]

Is average salary in the UK around £30k?

And many couples are combining that to afford their rent/mortgage, bills, and living expenses.

I'm sure you could find couples/families struggling to make it through the month in those Northern cities on £60k, and others who felt very comfortably off on less than £30k.