Financially better off?
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I am looking to move to Perth.
My salary in the UK (£40k) is about double the national average. In Australia someone in my job would earn $120k - $150k, which I understand is about double the national average. This would therefore suggest that I'm not better off. However if I earn £40k in the Uk, but earn £65k in Oz ($130,000), and the cost of living is about the same, then suggests that I should be better off.....
I know it's not simple, but broadly speaking based on the above am I going to be better off financially?![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
My salary in the UK (£40k) is about double the national average. In Australia someone in my job would earn $120k - $150k, which I understand is about double the national average. This would therefore suggest that I'm not better off. However if I earn £40k in the Uk, but earn £65k in Oz ($130,000), and the cost of living is about the same, then suggests that I should be better off.....
I know it's not simple, but broadly speaking based on the above am I going to be better off financially?
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
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#2
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I am looking to move to Perth.
My salary in the UK (£40k) is about double the national average. In Australia someone in my job would earn $120k - $150k, which I understand is about double the national average. This would therefore suggest that I'm not better off. However if I earn £40k in the Uk, but earn £65k in Oz ($130,000), and the cost of living is about the same, then suggests that I should be better off.....
I know it's not simple, but broadly speaking based on the above am I going to be better off financially?![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
My salary in the UK (£40k) is about double the national average. In Australia someone in my job would earn $120k - $150k, which I understand is about double the national average. This would therefore suggest that I'm not better off. However if I earn £40k in the Uk, but earn £65k in Oz ($130,000), and the cost of living is about the same, then suggests that I should be better off.....
I know it's not simple, but broadly speaking based on the above am I going to be better off financially?
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
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It amazes me that deciding to move countries has to be about wages (for some), surely its about a change of scenery and quality of life? weather etc?
each to their own, but I for one dont let this enter my head, as long as I have enough to pay my bills & have food, il be very grateful![Smile](https://britishexpats.com/forum/images/smilies/smile.gif)
Bluekipper
each to their own, but I for one dont let this enter my head, as long as I have enough to pay my bills & have food, il be very grateful
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#4
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I am looking to move to Perth.
My salary in the UK (£40k) is about double the national average. In Australia someone in my job would earn $120k - $150k, which I understand is about double the national average. This would therefore suggest that I'm not better off. However if I earn £40k in the Uk, but earn £65k in Oz ($130,000), and the cost of living is about the same, then suggests that I should be better off.....
I know it's not simple, but broadly speaking based on the above am I going to be better off financially?![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
My salary in the UK (£40k) is about double the national average. In Australia someone in my job would earn $120k - $150k, which I understand is about double the national average. This would therefore suggest that I'm not better off. However if I earn £40k in the Uk, but earn £65k in Oz ($130,000), and the cost of living is about the same, then suggests that I should be better off.....
I know it's not simple, but broadly speaking based on the above am I going to be better off financially?
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
The average Australian wage for a male is $69,997.
Will you be the sole earner?
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It amazes me that deciding to move countries has to be about wages (for some), surely its about a change of scenery and quality of life? weather etc?
each to their own, but I for one dont let this enter my head, as long as I have enough to pay my bills & have food, il be very grateful![Smile](https://britishexpats.com/forum/images/smilies/smile.gif)
Bluekipper
each to their own, but I for one dont let this enter my head, as long as I have enough to pay my bills & have food, il be very grateful
![Smile](https://britishexpats.com/forum/images/smilies/smile.gif)
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arh well the $50000 I have been offered means I have not got a pot to piss in and i am way below the average![OhMy](https://britishexpats.com/forum/images/smilies/ohmy.gif)
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How do families survive on this kind of salary in oz if its less than average?
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How do families survive on this kind of salary in oz if its less than average?
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It will be tough, you will if you have children get some help from centrelink but Australia is an expensive country, make no mistake living on $50K with a family will not be easy, no free medical care, no free dental care, no free presciptions for children under 16 and the cost food is expensive. We did it for a year on slightly less than $50K with a family of 4 and it was depressing how little we had left over each week.
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It will be tough, you will if you have children get some help from centrelink but Australia is an expensive country, make no mistake living on $50K with a family will not be easy, no free medical care, no free dental care, no free presciptions for children under 16 and the cost food is expensive. We did it for a year on slightly less than $50K with a family of 4 and it was depressing how little we had left over each week.
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I did read a few years ago during Peter Costello's reign (God Bless Him
) that someone on $40k with a 2 kid family would effectively be paying no tax as the benefits would be equal to the tax paid. I suspect with the increases in LITO that this figure is now higher.
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It will be tough, you will if you have children get some help from centrelink but Australia is an expensive country, make no mistake living on $50K with a family will not be easy, no free medical care, no free dental care, no free presciptions for children under 16 and the cost food is expensive. We did it for a year on slightly less than $50K with a family of 4 and it was depressing how little we had left over each week.
no free dental care I disagree *
no free presciptions for children under 16 I agree
the cost food is expensive I disagree
* Note: School children do get some free dental services; the school dental vans, the free annual check up for teenagers.
However, most of it is paid for, unlike the free dental service for everyone in the UK.
I agree that a family of 4 on only about 70% of the average male wage would find it tough, probably in either country.
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I did read a few years ago during Peter Costello's reign (God Bless Him
) that someone on $40k with a 2 kid family would effectively be paying no tax as the benefits would be equal to the tax paid. I suspect with the increases in LITO that this figure is now higher.
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And our income is pretty close to the average...