Scottish professionals working in the country’s key cities are richer than those working in London, according to data from CV-Library, a UK job site.
This is despite the fact that Londoners earn the highest average salary in the UK.
Based on new roles advertised in the third quarter, the job site revealed that the average annual salary in Scotland is £32, 270, 12.5 per cent lower than London’s average income of £36,905 per year.
However, further research revealed that premium costs in the nation’s capital put Londoners at a disadvantage, meaning those holding similar jobs in Scotland have a much higher disposable income.
Comparing the same basic living costs against average salary in 16 of the UK’s key cities revealed how employees in Scotland and North England are by far the richest in the UK:
Richest to Poorest UK Workers*:
Av Monthly Salary Basic Monthly Costs Remaining Income
Aberdeen £2,230 £917 £1,313
Glasgow £2,015 £891 £1,125
Manchester £1,936 £951 £985
Edinburgh £2,013 £1,167 £846
Exeter £1,822 £1,040 £783
Brighton £1,826 £1,348 £478
London £2,349 £3,313 £964
*Basic monthly costs include rent (small, one-bed flat, located close to the city centre), relevant council tax, a local monthly travel card, basic utility bills and groceries.
The results show that Scottish workers are able to afford much better quality of life than those based in London, where professionals have to make major compromises to their living standards, despite holding senior, well-paid jobs.