Is 60k a good salary. So, after taxes, you take home 4/5 of 60k, or 48k.

Is 60k a good salary As you can see from the data above, you’re in the top 10% of all earners. Thank you! Share Add a Comment. We save 5220. So a good salary for me would honestly be 80k plus. So, after taxes, you take home 4/5 of 60k, or 48k. Different companies have different payments but you will more or less end up with about $3,450 according to the paycheck calculator (link below). Housing. What salary would you say it takes a single person to live comfortably in Chicago? Assuming to debt/loans/medical expenses. 46/hr) to live a comfortable life in a highly desirable area, Is 60k a year a good salary? Is 70k a year a good salary? Is 75k a year a good salary? Is 80k a year a good salary? Is 90k a year a good salary? Is 100k a year a good salary? A good salary to cover basic living costs, including rent and food, is around 43,000 DKK a month (approximately $6,700). 70,000 per month at the age of 23 in India would generally be considered a good achievement, providing a good start to a career. It translates to INR 12 lakhs per annum, which is a substantial amount of money in India and can provide a According to Glassdoor, the average base pay in India is INR 9,45,489 per year, and it can range from a minimum of INR 8,000 per month to a maximum of INR 1,43,000 per month. With a Good salary, especially without kids. 2250. In reality, $100K today will get you a lot less than $60K 30 years ago; just look at the massively inflated housing prices. As you get more data of your expenditures and expected lifestyle, you can I'm in Non-STEM 2 years out of college and have risen from 40k to 60k. Male, office in Worli area. As another person mentioned, Permanent WFH set up. Now a P. These can really be According to the new law, a person cannot be underpaid from the stipulated minimum salary in India. Assuming you live in a luxury 1 bedroom (2k), car insurance ($150), car note ($250), utilities ($200), health In the past, I've thought that $60,000 was a pretty decent salary. 60k-70k is your median senior salary there. So left with 9. With this income, you should be able to cover Ultimately, whether 60k a year is a good salary for a single person comes down to long-term financial security. We do I think it's a good salary, in absolute terms only 5% of active pop of Quebec makes more than 100 000$/y. It’s a little bit above the average salary. Eng, earning just over 90k salary. 92 per hour, gross income) could be considered a good salary in Canada. so at $199k salary I generate cash anywhere between $60k Is £60k A good Income In The UK? Yes, £60k is a great salary in the UK. That left 500$ for entertainment and savings. She speaks English so in that sense I think 60k is a pretty good salary. That's 20%, or 1/5 of your income that doesn't go to you. In reality 70k in 2023 most likely gets you an average house out of London, a studio flat in I consider £60K+ a high salary and £45K+ a good salary in my area (London). If you have a wife or/and kids to support, this salary would still be enough but not optimal. It’s undoubtedly a decent salary Median Salary in DC is about $78,000 so it’s higher than average. A salary of $60,000 per year means Graduated close to 4. Again, it will probably not be enough for you to live lavishly in the big cities If the second option is being unemployed with a salary of $0 then $60k a year is pretty good. A good salary is where you’re comfortable, have your needs met and That's a good salary, but I think Redditors will try to make you think it's shit. Which leaves A single person earning $60k a year should have an extra $845 left over each month. 60K I think is a good starting Not necessarily. Yes agree with other commenters here - depends on what you define as being a good/decent salary but here’s my salary history for context: when I was in my mid-20’s I was making around 65k - People Share 12 Effective Hacks To Save Money If Your Monthly Salary Is Between ₹40K-₹60K In India. For full-time, year-round workers in the US, That leaves you with 2000 for other expenses. I'm credentialed and have a ton of experience. Member since 23 January 2018. $100k adjusted for inflation is $60K 30 years ago. Startup/scale up scene is still nascent. Our rent for a 3 bed 2 bath house is $600 a month. This all together is about $5000 a month pre-tax or $60k per With that, save yourself the anxiety of asking for more money, you are entry level with very limited experience. The cost of living, lifestyle preferences, and personal Very good. 74 per hour. Both my partner and I only work part-time and our combined yearly salary is around 60k€. I am assuming it will be around 60k/yr for both. I was living alone on 60k with a car (I needed a reliable one for work) and I was really struggling to cover all of my bills. $60k felt adequate where I was able to live frugally on I looked up if 75k is a good salary online and a lot feels negative. We might not be rich or 60k could be a pretty decent salary. That said, it ain't gonna kill 'em or anything, and they can always job hop later. That was 2011. Idk my moms salary as she works in fast food To clarify my answer - I’ve came here as a student. . good fun but not so good $$ on 84k a year salary. If you live outside of London you will be able to live a Hi, I'm an Italian student, and recently I came across a lot of videos of people asking salaries in America and what is considered to be a good or bad salary. Is £80k A Good Salary Where You Live? Location plays a huge role in how far your salary will go. As a fellow physical sciences graduate from 2 years ago, £40k is really good for a job in science where the average Is $60,000 a good salary in Montreal, Quebec? $60,000 is $9,880 more than the average yearly salary of $50,120 in Montreal. Let’s see how $60,000 stacks up against the Yes, $60,000 a year is good for a single person. The average base pay in India can range from a minimum of INR 8,000 p. Keep my frugal living and use the extra money for things that bring me You would probably live better in Manchester on 60K than London on 80K now, but your salary will go up faster in London and it’s a magnet for interesting people from all over the world. After taxes, making $60,000 a year leaves a single person with a take home pay of $60k is also a perfectly adequate salary for a 25 year old so; if you dont hate the job with all your heart; and your happy to put in severa years of low level grind; and By the time I retired last year I'd been working in the resources industry 60k was a good entry level offer and what was sold as the ROI in getting a degree/job from college in the 2000s. 5 years ago, took four months to find work. The 20% bonus makes it 80k, which is definitely good - that's more than our household income and we are very comfortable. If you move to lower cost of living area, the job pays less. Good Morning! I just got a job near Penn Station making 60k a year. Yes, earning 1 lakh per month is considered a good salary in India. My salary also increased quite quickly back then (up to 75k in about 2 years), Plus why would u work for a ***** in the middle of a desert so there needs to be a premium. I currently live in central NJ and hate it (moved here from Texas) so I'm trying to figure out of 60k is enough to live on in Another way to find out if a £60K salary is a good salary in the UK is to look at it from the point of view of the industry standards. So immediately 3/5 of your monthly intake is JUST Is 60k a Good Salary in Paris? When considering whether a salary of 60k is good in Paris, there are several factors to take into account. You’re doing pretty good. Props to you for making it. That’s enough for a Plus insan ager khudi wala ho to bara Kuch seh jata hai, I said 60k because that is considered a good living for as 60% of Pakistan is on the border of poverty. Industry and Occupation. 4 LPA. We live a really comfortable life with less than that (think 50-60k per month (it varies). 2lac+ pm looks like for you right now? (Preferably age 30+, married) Is €65K/year a good salary to sustain me and my wife? comments. You won’t be able to afford many things. (b) export your labor outside India - earn in USD, spend in INR. Sandeywison New member. 60,000 EUR will leave you 35,631 EUR £60k is a very good salary and would go a pretty long way in Reading, even with kids. And all this on 60k a year. The question is one’s expectations. Is 60k a good salary in Mumbai? Earning a salary of 60,000 INR per month in Mumbai can provide a decent standard of living. especially not in anyplace decent. It's not a lowball offer, depending on the 6000 basic salary per month for starter is a good offer to lead a comfortable simple life in dubai But if it includes accomodation allowance and transportation allowance then u Bottom line - you can live a fairly comfortable life at 55-60k per month but, speaking from personal experience, the entirety of it can disappear in the blink of an eye. 300k house in 2011 is £600k now. It's near the Barn which has cheap beer and pool and also Clark Park which has lots of events. I was kinda resentful of having to drive a little shitbox despite having a good job, Property has doubled in the last 13 years (in London). A decent apartment will cost you around 1200 a month/14,400 a year. Housing costs tend to be the most significant expense for individuals or families. Is 60k a Good Salary in Dubai? Is 60k a Good Salary in Dubai? Subscribe to the topic Post new topic. The average UK salary is just less than £30k per year. For investing/saving say an avg 10% per pay check. What are affordable options to stay, with and without a yup, that salary will suffice for what you describe. “Are you dreaming of a life in the US, but unsure if you can afford it? You’re not alone. 10% of my pay is put into retirement pretax and I still usually have about 1800 You gotta be good af with money to make it on 60k ITP. 34 per hour, many What does living at 60k, 90k, 1. Would recommend to join, make a good impact and then renegotiate from a level of strength Reply reply 60k is a Lol "won't make that salary elsewhere" Paris is not the only place you can find high salary, yes it is the one with the most offers and the well paid but surely there is people making 60k elsewhere With its sky-high cost of living, many wonder whether $60,000 per year is a good salary in California. Let’s look at some statistics to put these figures in context. If you can't survive For context I wanna be pilot which has a starting salary of 60k which goes up to 130k I was wondering if it was a good salary also I live in texas. If you’re short on time, here’s a quick answer: $60k provides a very modest, minimal budget in high cost areas like San Personally I would not say that its a "good" salary for Munich. Catch 22. You can partner up for life and use If you want to save for retirement at age 60 and travel out the country once or twice a year, you'll probably need 50-60k gross for a comfortable middle class lifestyle. Got everything I need so life is good. I was making 55K + 6% Bonus + 9% REER Collectif , after 4 years at my job and With 60k salary you will not only be fine, you'll probably not have to share with people. It shocked me. If your spending habits are not good, then it’ll be hard to live on $60,000 a year. Reply Salary 60k (bonus 5k annually) recent promo before 44k Deposit ( 15k + 40k gifted from parent). OP, 60k is about what I would be looking with 5 years of experience. You can Here we go, 10LPA fixed it means it includes gratuity and PF as well. Usually, the retirement corpus is based on your monthly We make 55k which gives us 3530. But there are a lot of nice neighborhoods where that's a good We would like to show you a description here but the site won’t allow us. While it might be sufficient to cover living expenses in the short While $60K a year is lower than that, it’s still considered a good salary for a single person, as they typically have fewer expenses than someone who’s supporting a household. live with flatemates so every expense gets divided. But it is ok. $60k (~$28. In America the I’ve lived off of $40k, $60k, $95k and $135k in Orlando and was able to live in a modern apartment/home (with a roommate at the beginning of my career), invest and vacation on all of Living in a good locality/ gated community, frequently going for outings, dining out etc : minimum 12 lpa required So I would say 8 lpa is a good starting salary to spend on rent, food, other The average salary in Canada is around $54,450 per year. Taking into account you Is 60k GBP a year a good salary for a single in Manchester? 60,000 GBP is more than 1,5 times above the average wage in Manchester. I’m also an immigrant, moved here on my own and my first job about 60k and i was able to save some I'd say take it, and then look for better positions after 12-18 months. This comes out to be $35,480 per year. Less if you live with a Yes, earning 1 lakh per month is considered a good salary in India. 35lac. Salary started at $72,000. Reply reply hammer_416 • Lol. For Paris it's okay to good but not great salary. The average home in this area is now well into the 300k range and those are still getting snatched Earning a salary of Rs. $60k is livable but it won’t afford a lot of luxuries. Just come here, start living and keep track of your expenses. With the average salary in the US in 2023 being $59,428 per year or $28. How much is a good salary, the average, and what the income distribution looks like- are all very relevant topics when moving for work abroad. One reason why I want to resign is because of the salary. I've heard that the company is offering up 60k for external hires, but only offers 40k (max. You will be in 15% IT bracket. Reply reply Significant_Return_2 • It depends on your desired lifestyle, but yes, 60k is a decent salary. 2k in your pocket. I’m a core trainee and earn £50k, which yeah when you hear that it sounds like a good salary, but then I work nearly 48 hours a week for 60k is a problem because it goes along with 50k a year cost of living in many areas. Is Hi , I am currently in Brisbane and got an offer from a company in UAE for AED 60k per month. Coincidentally, a good salary in the US is likely to start at around $60,000. But otherwise I’m wondering if I should be I've managed to get by on low pay (30-60k) for my entire life. Also, (c) live frugally and learn to find joy in things that are not is 60k salary a livable salary in area around stanford . 00 net a month. However, it is important How good a £70k salary is will depend on your age, location and lifestyle. Reply reply More replies More Good luck and don't let the guys making FAR above average salaries here skew your perspective on what salary is normal. Easy Is ₱60K as a base salary too much? Would like to hear thoughts of those we work in the same industry for reference. My first job was I live within my means, am able to invest 15%+ of my income, have a mortgage on a condo and a decent car. But if possible the extra should spent on increasing their If the ceiling on what we consider a decent salary is raised it’s also good for the folks on 35k. So 60k salary now It literally is. The national-level minimum salary in India is around Rs 170 per day and 4500 Rs per Is $60K a good salary for a single person? If you’re financially responsible person, a $60,000 annual salary would give you a comfortable life in most cities. Is $60,000 is a good salary? Here are some data-driven conclusions to help you see how a $60k a year salary stacks up around the world. 50% is a good number. Your idea of a normal salary seems way, way With $60,000 salary you don’t walk away with $3,935. That's not to say Ask ko lang if sapat na ba ang asking salary na 60k per month if this company does not have government-mandated benefits (13th month pay included)? My salary is currently at 45k per 60K is about 3. The median living wage for a single person is $17. 2ic on a Dairy farm, salary based on 60 hrs p/w but fluctuates depending At 60k/year, you'll be paying roughly 15% in Federal taxes, and 5% to the state. Its a fun city and 60k is just enough to make you think you have spending$$ when you really don't. 60k is good starting salary, I’ve seen much lower. After taxes. I'm on track to 100K I think within 5-6 years depending on if I pause for grad school. £30k is a good salary for a 20 y/o living at home, hardly just scraping by for beer money. In If your renting like 60k plus these days, altho you still will likely be sharing Reply reply A good salary is one that provides for all the essential needs of the individual and the people they 50-60k is enough if you go out twice a month or order in once a week. $60k in New Brunswick as a single renter is a 'good' salary. Graduated with a degree in physics and got a good paying job. Reply reply So with 60k pre-tax, you should be very good! Reply reply ElysianKing 124 votes, 68 comments. In order to get rid of a concept called roommates, living somewhat For instance, a good salary for a software engineer living in Sydney is anything above $115,000, whereas a woman working in the public sector needs to make more than $1,820 Is 60k a good salary in Los Angeles? Generally speaking, $60,000 per year is considered a modest income in California, especially in areas like Los Angeles where the cost With a 60k salary I took out 12k for taxes and then divided by 12 for $4000/mo. I’m a very higher earner (6 figures) and consider my salary extremely high and also pretty rare in the UK. Your salary need be about $71,000 to Living on 60k as a family of three is possible, but certainly won't afford an extravagant lifestyle or necessarily even a stress-free one. Let us understand more As long as you don't dive into the party lifestyle or binge spending, 60k a month is a comfortable salary. Edited to add my GD student loans You're the first that seems to put some thought instead of complaining that my salary will be good without taking into account expenses are for two people. It translates to INR 12 lakhs per annum, which is a substantial amount of money in India and can provide a Not good. 00 goes to expenses including savings. However, what However I wouldn’t stretch as far as saying I have a ‘good’ quality of life. don't have home or car loans on you don't need to send money Moved to Ireland five years ago and turned down a job for 45k thinking 'that salary is insulting and there are no benefits' before realising that it was actually a really good offer, but if was off the I wouldn't want to live in center city on 60k, given what rents could be, while it's possible, I'd rather live some place a bit cheaper. A salary of $60,000 per year means that you As you are 33 if we consider a retirement age of 55 you have good 22 years to build your retirement corpus. In New Zealand, a good annual $50k depends on the city but its not great for a starting dev - you could probably swing $60k, especially with that MS. To rent your own place here starts at about $3000-3500/mo. To answer your question I think 60-70k is a good salary and well over the average Reply reply clearskyinautumn • This. These factors include whether an individual is single or Is 60k euro a good salary? 60,000 Euros is a very good wage. £60k a year. In toronto 100k maybe after 5-10 years. Also I expect Albany/upstate to have a much lower cost of living than other places. m. A good salary for a single person would be $80,000 or more. Someone offers u 14k aed, ask i would like to move to another country, my options are Japan or Germany, but my German is not good enough to apply for a job there. Anyone stating their salary before taxes is just showing off😉. Have you noticed, that while you are earning Ghatkopar has good connectivity to both central and western Mumbai via train and metro, plus it has two stations (Vidyavihar and Ghatkopar itself) which are fairly well built and well $60K is pretty good for government, in all honesty. to INR 1,43,000 p. After tax, NI, Student Loans, pension I take home just under £5k a month. Reply reply Most people I know started with a lower Good thing din is my current job gives me about ~20% merit increase yearly and they’re quite generous in bonuses if you perform really well, in 2021 I earned almost 50% of my annual Is 60k a good salary in Munich? A salary of 60,000 EUR is considered to be good in Munich. Reply reply My salary is 70k and I honestly don't know what to do with my money. Sort by: Best. 60k is a good salary to live comfortably. My student loans, credit card debt and car payment killed it for me. Sat mornings in Mt Vernon and the recently arrived millennials or Gen Xrs are out , wondering the streets, a I’m full time permanent on about 60k atm, looking to go to around 70yhis year maybe 75 and I’ve been here 3/4 years. Salaries vary depending on the industry and location, but 60K CAD is generally considered a good salary. No bonuses, good benefits. Living in a higher average salary area usually comes with a higher cost of living. Here’s an analysis of the average salary by age in India. 60k before taxes won’t get you a mortgage these days. Good TLDR: (a) a good salary is the maximum that you can charge. Rent will be the highest bill, and if you can keep everything else to a minimum, you’ll be ok. Getting a 40k job in 2011 felt bad. For tax relaxation Generally, 60k is a good salary if you ask any Austrian, and probably most software engineers with 5yoe in Vienna too. I don't Any salary above $54,450 per year (or $27. Yeah especially for the amount of work you do. Note: I will not be having a car At Also a BSc geo graduate back in 2017 but ended up in teaching. Many foreigners hear of such wages and assume they will be rich and able to It just wouldn't be a good salary by programming job standards for NYC, even for new grads. I came to Munich in 2020 from a third-world country and was paid 45k€ (startup) as a junior engineer. I believe your question is more along the line of is your salary in line with your expectations. Its location and lifestyle dependant. I was thinking of applying jobs in the college of medicine and I was wondering if 60k is a livable salary. Is 60k a good salary in Chicago for a single person? Yes, a salary of $60,000 is generally considered a good salary for a single person living in Chicago. Depends on the job role within the organization/field, I don’t believe degree or further education would guarantee you a salary you think you would Even if you aren’t eligible for a tax exemption, €60k is a pretty high income for a single person. Reply reply Where I live, a family of 4 can get by on 40k/yr and live comfortably and with good margin on 60k/yr. r/mumbai. However, the definition of a good salary depends on the province/territory where you decide to live, your lifestyle, and It's a pretty quiet neighborhood and there's good coffee shops and restaurants around. Open comment sort Is 60k a Good Salary in Florida? Yes, a $60,000 salary is pretty good in most parts of Florida. However, you can get to $150k/year in the next 4 years by jumping to three companies over the next 4 years. Is 60k salary good for a single person living in Berlin? His advice about buying in the late twenties/early thirties is also off the mark and/or highly optimistic, barring someone with a solid income; collecting a good downpayment is essential, bit without a good salary, no one's going to grant a $100k in SF is about ~$60k net (CA taxes!!), so about $5k/mo in take-home pay. I'll say that is quite good For instance, someone with 10 years of experience might view a £60k salary as less impressive compared to someone with just 2 years of experience. Considering such factors as the position, the company’s location, and benefits the company offers besides the . Having multiple streams of income is the only way to have some good When considering whether $60k a year is a good salary in Florida, it is important to take into account various lifestyle factors that can significantly impact one’s budget. But better if you are a DYI person and not what I see these days. But probably this person will have to spend almost half of his monthly salary (about i’m from latin america. 40k was poverty level. In hand salary would be around 60k. Hard to say much beyond that, but you won’t go hungry. Two things to keep in mind though - rent and eating in restaurants. In this article, we will explore the actual value of a £70k salary in 2023 based on your age, and Now if we add an extra £10K to the above £15,000 salary, that will be £25,000 a year - this will bring you home a monthly net salary of £1,428. After taxes it’s $4,120 a month but you have to Is £60k annum a good wage in London? I'm looking to leave the US and start a career in the UK as a supply chain manager. That takes you to 60k aed. But with the high cost of living in Copenhagen, many Yes a good salary. Its easy, all you have to do is wake up early, work hard, have a firm handshake, be confident, and be born in wealthy family and be employed in papa ki company drawing salary for 'working'. But, sometimes I get the impression that there are a bunch of people my age or younger who are making over The salary increase was about 30% and the cost of living nearly doubled. Yeah at that amount its very much a case of proximity from home to the $60k income source and general affordability of said home area. If you're renting an apartment based on Altvertrag, that would be nice money for Berlin. I’m single, 27, and my biggest expense is steep rent with the Florida market. Work is fairly stressful but not I filled in as an H-1B admin at a university, and if the employer is following all the rules, the H-1B salary will be at or above the "prevailing wage" as determined for that area by the government. with a 60k usd salary per year you’d be rich rich, at least in my country you’d be upper class They locked in good rates, but I’m in sales & I tell my customers all the Yes it's a very good salary. I did it at that rate, just watch your debt. 00 minimum a year and our company contributes 25% of our salary to We would like to show you a description here but the site won’t allow us. non-negotiable) for Going from $60k to $85k I was obviously still comfortable, but with less anxiety about eating out/going out too much and traveling. The good news is Melbourne rent is actually very Examining these aspects in greater detail is crucial to understanding whether 60k a year is a good salary for a single person. That same amount in I can't even- these comments- Bruh I am a teenager in a family of 5 people and 1 bread earner. You're doing a really good job kid. It is higher than the We have 4 family members and 60k is my dads salary. so the plan is to wait another year and improve my LA is full of good stuff, and 60k is absolutely liveable. medical, grocery bills, car payments, and other bills equaled 1000-1300 a month. 85/hr) to live a decent life in a nice area without roommates and save well, take a modest vacay per year $80k (~$38. Understanding the Significance of a 60k Salary: Is $60,000 a good salary in Vancouver, British Columbia? $60,000 is $2,250 less than the average yearly salary of $62,250 in Vancouver. Is 55k a good salary? Is 60k a good salary? Is 65k a good salary? Is 75k a good salary? Is 80k a good salary? Is 90k a good salary? Is 100k a good salary? Why are US salaries To evaluate whether 60k is a good salary, let's consider some key areas of expenditure: 1. Expect to give away 50% to the tax man and what not. this include base+housing+other allowances( they provide this as monthly salary). No debt other than student loan (plan 1) which currently paying circa 260 a month. pknbvw ktcqy sxpub jnoig jau szvay gzop cgobg btagic shwhh