Living in London on £32k a year

Living in London on £32k a year

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MissChief

Original Poster:

7,111 posts

168 months

Thursday 12th February 2015
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I have the option of a new job in London that's £29k+10% shift allowance so basically £32k a year. Where I currently am in Central Scotland I could (almost) live like a King on that kind of money but I know London is very, very different. Would it be a case of 'living' or 'surviving'? I don't smoke or drink so there's no worries about 'vices' or affording the occasional night out. I know I'd be looking at either a tiny 'Studio flat' which means 2-3 rooms and very small or sharing and having a room to myself. Is it doable?

Thanks.

MissChief

Original Poster:

7,111 posts

168 months

Thursday 12th February 2015
quotequote all
Pebbles167 said:
One man's idea of comfortable differs to the next.

Personally, i think that's plenty. Friends have got by on much less (mid £20k) and lived in reasonable comfort, ie; nice car (5 year old 118d) decent food shop, occasional night out. Etc.

Be aware of what pistonheads might consider enough. I've basically been told not to get out of bed for less than £70k from someone, to instantly be told that anything over £20k a year is nigh on rich folk territory by someone who disagreed. Very many deciding factors.

As the poster above says, look at small places and see how much you have left. Good luck.
Believe me, Mid 20k would be absolutely fine for me. £70k? I'd be positively well off! Considering I'm getting by in Scotland on £20k a year I can't see London being £1k a month more expensive surely? I don't mind sharing a place TBH. I'd like to think I'm not that anti social but I would like the option of having my two boys down when it suits so I doubt living with others would make that possible.

MissChief

Original Poster:

7,111 posts

168 months

Thursday 12th February 2015
quotequote all
Job would be in Braham Street, not far from the Tower of London so very central.

OP is a he. Name is a long story!

I'm not sure about advancement opportunities really. The main issue was that I wouldn't be seeing any benefit of the increase over my current job as it's much more expensive to live in 'the big smoke'. Some thought required.

I had considered staying in the Wimbledon area as the district line runs past where I would be working so it would be a single tube and no change required.

MissChief

Original Poster:

7,111 posts

168 months

Friday 13th February 2015
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Driver101 said:
Reading another thread, the OP has teenage children. So I'm guessing he isn't exactly a young one himself.

Is it really worth moving to London when you are hundreds of miles away from your family, having to live your life in someone's spare room and worry how to budget every month?

To make such a sacrifice there has to be some gain. I don't see any in these circumstances.

Edited by Driver101 on Friday 13th February 17:27
This is the case. I'm going to wait and see if I've got through the first part of the telephone interview and then say thanks for the opportunity but no thanks. It's too big a change as my youngest is only just 13. Perhaps in 3 years or so but not yet.

MissChief

Original Poster:

7,111 posts

168 months

Monday 23rd February 2015
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Decided to withdraw my application, mainly due to family rather than the money. Thanks for the (constructive) responses.