Not parent but we always talk pre-tax in the UK. Take home on £60k is ~£3,548/month or ~£3,255 if you have a student loan.
"Survive" is the right word. It's likely insufficient to save enough money for a deposit anywhere commutable to their job while also contributing significantly to
savings and a pension.
A single person in a studio/1 bed with a not-too-bad commute would probably spend £1300-1600 on accommodation/travel/council tax/utilities. (Sure, you can find god-awful "studios"/houseshares for less...).
We basically just accept less and less. 1 bed -> studio -> house share. Give up idea of buying a house. Contribute less to pension. etc
People who want to earn more in London tend to do contracting.
Pretty much same experience. Used to live in a awful houseshare (read: sewage problems like once a week), then decided to spend the money on a single. Salary covers rent + electricity and council bills, but saving for a deposit on an apt anywhere within ~1h commute to central is pretty damn impossible.
"Survive" is the right word. It's likely insufficient to save enough money for a deposit anywhere commutable to their job while also contributing significantly to savings and a pension.
A single person in a studio/1 bed with a not-too-bad commute would probably spend £1300-1600 on accommodation/travel/council tax/utilities. (Sure, you can find god-awful "studios"/houseshares for less...).
We basically just accept less and less. 1 bed -> studio -> house share. Give up idea of buying a house. Contribute less to pension. etc
People who want to earn more in London tend to do contracting.