What is the equivalent US wage of £50,000 in the UK?
If you're earning £50,000 per annum in the UK, you'll largely be considered very successful by most people. From my own personal experience the average range for most people is around £25-35k.
It seems that wages in the US are much much higher than in the UK. It's not uncommon to hear about people in the US earning 0k+ coming out of college. However it also seems that rent and other living expenses are also inflated, 00-3000 rent per month in some places?
I'm curious as to what the equivalent of a £50k salary in the UK would be in US terms? I imagine it's very state dependent.
I'm not talking about exchange rate here though, rather the comparative cost of living between the two countries.
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In the same way that income over there likely differs between London employers and employers in, say, Belfast, you have a huge spread of incomes in the US.
The increase in incomes seems to be fairly close on both sides, so if your median income is around 35,000 pounds, and US median income is around ,000 you have someone making 50,000 pounds to be roughly equivalent to someone making ,000.
Obviously this is more or less restricted to whichever job you're talking about and it also differs quite a bit depending on whether or not it's a well-known company or a small business with 5 employees.
So yes, software engineers, right out of college make more than 0k here if they get hired by a small number of companies (Google, Microsoft, Netflix, maybe Amazon?), otherwise you're likely looking at -60k. Also do note that these people likely have 6 figures in student loan debt.
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