What is considered a low salary in London?
What is considered a low salary in London? A broad definition of low household income, as suggested by the Government, applies to annual earnings less than 60% of the median UK household income. For London, this cut-off point is approximately £21,000[75].
Is 100k a good salary UK?
£100k is certainly a much higher salary than most people in the UK earn - £80k would put you in the top 5% of earners, despite what this guy said during an election debate. A survey taken five years ago found that only about 1 million people earned more than £100k per year.
Is 70k pounds good salary in London?
Earning a 70k salary in the UK is generally considered a good income that provides the means to cover living costs, including housing, utilities, transportation, and leisure activities.