PPRuNe Forums - View Single Post - 50000STG in the UK?
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Old 16th March 2004 | 11:57
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scroggs
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From: Suffolk UK
Depends where you're used to. If you're from the US, unless you're from NYC or LA, you'll find the cost of living a bit higher in UK. If you're from almost anywhere else in the world, you'll find it a lot higher! £50k (about $87k US) is a good wage here, but don't expect to be running three new cars, living in a 5-bed, 3-bath exec house and eating in fancy restaurants every night - unless the wife can pull in the same.

When you calculate your deductions, you also have to allow for National Insurance (basically, a health tax) at another 11% for the first £30k and 1% thereafter. Tax on your house will be around £1500 a year (not deducted from pay), and there is a sales tax (VAT) of 17.5% on almost everything you buy. Fuel tax means a gallon of gas costs about $8 US.

Last edited by scroggs; 16th March 2004 at 12:07.
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