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by throw923498 3724 days ago
No, not really. I seriously doubt there is any part of London where you couldn't rent acceptable accommodation and have plenty of money left over on £45k.

In zones 1-2 (or 3) that'll probably have to be a houseshare - but you'd still easily get a nice private room for that. The takehome of £45k is £2,797.27 /month after tax[0]. Even if you spend 50% of that on rent (inadvisable but common in London), that's still £1400 a month to play with. Which is still more than the total takehome of someone earning the London living wage[1].

I mean, you'll have to have a commute if you want a private, 1 bed flat or larger and you're working in Zone 1, but that's not exactly much of a hardship. My point is that with even the most basic level of sane budgeting, £45k is easily enough to live/work pretty much anywhere in London.

[0] http://www.thesalarycalculator.co.uk/salary.php [1] http://www.livingwage.org.uk/what-living-wage

1 comments

Yep, houseshare in Zone 1, en suite, ~£900pcm here. It's not somewhere to live if you want to settle/make substantial saves for deposits or cars, but you'd still have enough to enjoy yourself.

That being said, whilst London has a nice vibe, if you don't know people here it can be isolating. Been here a few months and not really found "my people" yet.