With a 64k salary and 110k in savings, would someone be able to live in london?

[Anonymous]

Yes they would

No they would struggle

[EmmaMary]

Live Manageable.

Comfortably No.

Renting A Struggle.

And as for Buying Forget It.

[EmmaMary]

Thank you so much for the AI BC.

[Anonymous]

Depends on where and how big

A family home is out of the question let alone a townhouse/mansion

A decent new build flat in outer London might be in rental range or buyable a few mile outside the new ULEZ limits

[Asker]

But the average london salary is far less.

[Opinion Owner]

Most people inherit a house or money to buy one, duel income helps

[OddBeMe]

I would imagine like NY, you’d need more constant salary to pay rent or afford Mortg. Usually the salaries adjust for the inflation of living in a city. But not lately.

[Asker]

So how is it that the average salary in london is less than 35k?

[OddBeMe]

I’m sure like NY there’s waiters and services who ride the train home. England actually has public transport out of the city.

[AngryCarl2]

I'd like to have those earnings and live somewhere else. Any offers?

[jshm2]

Live, yes. Buy, no.

[Drumlin2001]

Depends. One bed flat in outer London maybe.

[jahaims]

You would be comfortable in London

[msc545]

It isn't enough money.