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.
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.