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£55,000 salary in London - is it enough after taxes?

 
Greenhorn
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Hi everyone, this is my first post here, so please bear with me. I'm looking at re-locating from Oxfordshire to London as a Java developer, and I've got a job offer with a £55K salary. Is that salary a decent salary for London, and for 4 years of experience in the industry? I'm a bit freaked out on how much tax, national insurance and student loan will be deducted. I'll be left with around £3K a month after all deductions (calculated with this and this calculator), and I'm not sure whether that is a comfortable sum for London, considering the higher rent, especially. Please let me know your opinions, and if anyone is in a similar situation and living in London, it would be nice to hear from you Many thanks.
 
Rancher
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Where's the job based?

London is big...but it also has quite a good public transport system, so don't look at the cost of living near work.

As for averages?
The current average is apparently a smidge over 40k (from here). (No idea how that's calculated)
The median rate in job offers is about 60k (from here).

So 55k doesn't sound too off the mark.
 
Marshal
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Welcome to the Ranch

This discussion is now in the Jobs forum.

Are rents that much higher in London than Oxfordshire? How much do you think you would have to pay? The real killer is travelling. Don't even think of driving to work. You will have to leave home at 8.00 in order to get to work for 9.00 unless you manage to find accommodation nearby, in which case the only way to travel will be bicycle. I think you will be all right on £55,000. If you are any good you can negotiate raises after a year.
 
Bartender
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Maybe a site like https://www.numbeo.com can help out?
Numbeo.com lets you compare the cost of living for two different cities or two different counties.

Here is a comparison between London England and Toronto Canada:
https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=Canada&country2=United+Kingdom&city1=Toronto&city2=London

Here is a comparison between The United Kingdom and United States of America:
https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+Kingdom&country2=United+States

Numbeo.com even has cost of living data for cities with less then 80, 000 people in them.
However the more people in the city the more accurate the cost of living numbers.
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