London-Cost of Living

  • WhoDey

    Posts: 561

    Jun 05, 2013 12:31 PM GMT
    I just received an e-mail from an international company that I previously worked for encouraging me to apply for a position they have in London. So as I fill in my applicaton, they ask me for my salary expectations (In GBP) Anyone with advice on a recommended starting salary? I'm thinking if the position was in the US, I'd expect to be paid around $35,000, so does it mean I should expect 22,787 GBP (Which would be the exchange rate)?
  • kew1

    Posts: 1593

    Jun 05, 2013 1:18 PM GMT
    Doing what? Had to comment on the going rate if you don't tell us the type of work. icon_smile.gif

    Renting's expensive in London.
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    Jun 05, 2013 2:03 PM GMT
    I can't speak for London, but $35,000 living in a US city comparable to the population size of London won't get you very far. RJ member Gayinterest may be able to help you since he lives in the UK.
  • AMoonHawk

    Posts: 11405

    Jun 05, 2013 2:18 PM GMT
    Depends on what the position is... what is the job?
  • Suetonius

    Posts: 1830

    Jun 05, 2013 5:56 PM GMT
    [quote][cite]kew1 said[/cite icon_smile.gif

    Renting's expensive in London.[/quote]
    Everything is expensive in London.
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    Jun 05, 2013 11:00 PM GMT
    yeah, depends on the job. London jobs receive what's called a London-weighting, which means salaries are comparatively higher in the city than in the rest of the UK to account for the cost of living.

    I don't work in London anymore, but I used to earn £23k/annum. In the rest of the country that probably would've equated to £20k.

    My rent was fairly low as I just contributed to my partner's mortgage. For £23k, forget living in the city centre - look to zone 3/4. And you'll need to house-share, but that's pretty commonplace in London. But you can live comfortably on anything above £22k if you manage your budget well.