Can you make a good Living out of 55,000 GBP in the UK?

Question

Can you make a good Living out of 55,000 GBP in the UK?

Answer 1

Definitely if that is an annual salary and you are supporting no more than 2 adults and 1 child.

Answer 2

I live on 12K a year on my own so you should be fine!! lol

Answer 3

Hi

depend on where you will be living and what your current lifestyle is.

I have a family of 6 and live in the south east, £55k does not go far.

Answer 4

Yeah, I'm nowhere near that amount and I'm doing okay.

Guess it depends on your way of life, but 55k is a good amount

Answer 5

yes thats a good salary

you would have a very comfortable life depending on how many children you have and what lifestyle you are already accustomed to.

Answer 6

That's quite a high salary. The average *family* income is only £35k, so you should scrape by on £55k.

Answer 7

A recent poll in the UK showed that most people felt that £64,000 would be their "Ideal" household income -ie. one that would give them a very secure life-style with no financial worries whatsoever. As the average salary is £35,000 and a lot of people survive on a lot less, I would say at £55,000 you would be very comfortable.  

Answer 8

Per annum  or how often?   Or   is that capital  and not income?   As an annual salary its good and you should be OK