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Expenses and salaries in London

 
Greenhorn
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Nilesh Dias wrote:Friends:

I have been selected for a .NET Analyst role in a technology company GamCom based in London. I'm based in Mumbai right now. I'll be getting my offer letters this week. I do not know about the offer yet but i had quoted 35-40K UK Pounds to them earlier. Now it seems the salary would be too low based on the taxes in UK and particularly expenses in London.

What should be a realistic salary in UK (London) for 5 Yrs total experience. 4 Yrs Microsoft.NET experience. Worked for MAQ Software, Accenture, MphasiS and on-site expereince at Microsoft USA.

Please let me know. My interviews went touch-wood and they seemed quite impressed.

Also let me know if any of you have heard of GamCom Solutions in UK??



Did you ever make that decision to move to London? I've been offered a role in London too which is about an equal salary to what I'm earning now as an IT Analyst, it'll be an annual salary of £45,000 U.K income tax calculator which equates to around £2,824 per month.

I have been advised that this will be enough to live on, yet the idea of living in an outer London zone and commuting fills me with dread. The company itself is an amazing company and they did state this would potentially be just a starting salary. Taxes now stand at 20%, not sure if that was the case when you wrote this thread... Just wondering how other people coped with moving to London and whether they found it expensive or affordable? I don't want to confirm with this job incase I realise my living won't be feasible in London.

 
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Welcome to the Ranch

I think this looks like a new question because the old thread was twleve years old. So I have split it off.

Yes, £45000 is well above the national average, but London can be very expensive. It depends where you go and how you handle things. Prices can vary greatly if you travel a mile or two. And if yu learn which market to go to and which to avoid.
The real killer will be accommodation. Since many houses change hands for seven‑figure sums, many people end up renting.
Grow a thick hide and buy a bicycle. London probably has the highest bicycle use of any part of Britain other than Oxford and Cambridge. I used to be able to get from Peckham to Euston Station in significantly under half an hour. But that was a long time ago before there was any cycling provision.
 
Greenhorn
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40K seems a good salary to me and it's good enough to live in a nice flat and buy your drinks at the bar. But the salary may not be well enough for a developer. Speak to your company and discuss if they could increase the initial wages.  
 
Campbell Ritchie
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I think your ideas about what a nice flat costs are very overoptimistic.
 
Bartender
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This may help you get at least a base comparison to see what you need
https://www.numbeo.com/cost-of-living/
The data in this site is updated fairly regularly/often and you can use it to compare the costs of living of two different cities.
The smaller the city, the smaller the data set.

However both London UK (~8.7 million people) and London Canada (~700k people) and you can see that comparison here
London UK vs London Canada
 
Pete Letkeman
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Numbeo.com can also be used to compare the cost of living of two countries like United Kingdom vs Canada
 
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