There are no annual increments at Ryanair so this is the basic salary. You will start on this salary as a new FO. It will increase due to the annual pay increases prevalent at this airline.
As as far as life style the 5/4 roster is brilliant until you realise it’s actuall 7/2 because you’ll probably start your week at an airport other than the one you’re based. This means you will have to travel in your own time and at your own expense on your last day off to which ever airport they tell you to go to. Then when you’ve finished your working week you might be lucky if it finishes at the airport you started at but if not you might have to get a flight home to another airport and then get a taxi to the airport where you parked your car (using the car park pass which you have paid for). If you’re even luckier you might be able to do this on your last working day but if not then the first of your days off will be taken up by flying yourself, at your own expense, around Europe until you get home.
But hey on nearly quarter of a million a year you can afford it.