Is 100k a large salary?

[bigmike20vt]

The context is the salaries of everyone else in the UK, or more localised if you want to dig deeper.

Your logic would say a 10" penis is not large because 1% of men have them.

but then you have to ask about the differences between a grower and a shower

PS 1% of MEN? what century are you living in? dont you know its not only men who have them apparently

 

[Mason-]

The question was is £100k a large salary.

Yes it is. It's in the top 1% according to here:

Your household's income : Where do you fit in? | Institute for Fiscal Studies

When you think about your income, do you feel rich, poor, or just plain average? Find out where you lie in the UK income distribution.

ifs.org.uk

The fact 100k doesn't get you much house in a specific place in the South East doesn't make the salary any less large comparatively speaking.

A £30k salary won't get you much in Birmingham either where house prices are 3x lower on average.

House prices are screwed, no one's arguing they aren't. But £100k is a very very good salary, not many jobs will pay that it's rare as can be seen by the numbers.

Except the 'question' has clearly come about due to Jeremy Hunt's comment, which despite all of the papers taking it out of context, was constituency (read: location) specific and in the context of child benefit.

So the question isn't 'is 100k a huge salary?' - the answer is 'depends'.
It's: 'is 100k in Godalming for a young family a huge salary?' the answer is 'probably not'.

 

[dirtychinchilla]

So everyone in Surrey earns £100k do they?

Buying a house is expensive these days, very expensive relative to earnings no matter where you are in the country.

That doesn't make a top 1% salary not large. Top 1% by definition is quite rare.

Also a top 1% salary would be nowhere near top 1% wealth I imagine, very different things.

They don't, but if the house price in Surrey is double the price of a house in Staffordshire, basic logic suggests you would need a much higher salary for the same type of property.

 

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