Laz Posted July 30, 2014 Report Share Posted July 30, 2014 Hi...just thought I'd start a quick thread rather than ask this question on someone else's post. I read on another thread that a couple of people had suggested a salary of £70k in the UK is comparable to between $160k and $175k in Perth (i.e. 2 opinions on the other thread). Wow, that's quite high! We (well, OH) earn more than that in the UK but were hoping for a salary of $120 - $150k (tops!!!) in Perth (based on a bit of googling and trying to be realistic) which we thought would equate to our income in the UK. What do other people think? Quote Link to comment Share on other sites More sharing options...
ali Posted July 30, 2014 Report Share Posted July 30, 2014 (edited) I'm not sure how realistic the x your UK salary by 2.1 is to be honest ... you're probably better getting an idea of rent prices, food shops, bills etc., and trying to do a draft budget and working out how much you'd need. At the end of the day people will tend to live within their means, although on PIO there was some posters on heaps of money saying they were struggling. Edited July 30, 2014 by ali Quote Link to comment Share on other sites More sharing options...
Lou8670 Posted July 30, 2014 Report Share Posted July 30, 2014 (edited) I commented on the other thread saying in general terms base it £1:$2. This is from a general feeling I've had since I've been here (and I am from an area in the UK where the cost of living is very high). We find some thing cheaper here and others more expensive using this conversion rate, but overall it seems about right. Obviously if you're on £75k working close to home in an area where housing and cost of living is cheaper then you'd need to be on more than $150k. Same goes if you choose to live near the centre of Perth, in the western suburbs or along the river. It all depends on where you choose to live and how you live. Edited July 30, 2014 by Lou8670 Quote Link to comment Share on other sites More sharing options...
Laz Posted July 30, 2014 Author Report Share Posted July 30, 2014 I commented on the other thread saying in general terms base it £1:$2. This is from a general feeling I've had since I've been here (and I am from an area in the UK where the cost of living is very high). We find some thing cheaper here and others more expensive using this conversion rate, but overall it seems about right. Obviously if you're on £75k working close to home in an area where housing and cost of living is cheaper then you'd need to be on more than $150k. Same goes if you choose to live near the centre of Perth, in the western suburbs or along the river. It all depends on where you choose to live and how you live. We hope to have the same sort of life in Perth as we do here in the UK - will be living in Nedlands and hopefully work will be in the CBD. We also live in an area of the UK where everything is apparently quite expensive - well, property and rents are expensive. I don't expect to have overseas holidays but I do hope we can afford to go out for family dinners, buy a few treats etc. Your 2:1 idea is helpful but a bit scary as I can't imagine we'll be earning twice our current income! Quote Link to comment Share on other sites More sharing options...
Nikkis2000 Posted July 30, 2014 Report Share Posted July 30, 2014 I'd say Lou is about right with the 2:1 ratio. I'm earning about just under 3x what I earned in pounds, so actually found myself a bit better off and I don't work in the city. We don't live extravagantly but there's always wine in the fridge!! Quote Link to comment Share on other sites More sharing options...
verystormy Posted July 30, 2014 Report Share Posted July 30, 2014 We find it is more like 2.5 : 1 It will vary on the individual and their lifestyle and even on where they are moving from. For example, one of the biggest costs is housing. If you are moving from London, then you won't see much difference in rents. But, if you are coming from somewhere that rents are cheap you will find it very expensive. Some people find it is closer to 2:1, while I know some young single guys who find it over 3:1 as a big part of their lifestyle is out partying on the town and Perth is very expensive for that. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.