What does the average 30 year old make in South Africa? What Is Considered Upper Middle Class In South Africa? What is upper class income in South Africa? ![]() While most South Africans earn just R23,982 per month, experts estimate that R45 000 is needed if you want to live comfortably. How much do you need to live comfortably in South Africa? This equates to approximately R257,460 per year. The average worker gets paid R21,455 per month (down slightly from R22,395 recorded in Q1 2020), down from R21,796 in the same period in 2019. What is a good salary in South Africa 2020? This is the average monthly salary including housing, transport, and other benefits. Salaries range from 7,880 ZAR (lowest average) to 139,000 ZAR (highest average, actual maximum salary is higher). The stats from FNB suggest that the average middle-income consumer, earning between R180,000 and R500,000 a year, survives on 20% of their monthly salary for more than 20 days in a month.Ī person working in South Africa typically earns around 31,100 ZAR per month. What is the average middle class income in South Africa? ![]() 4 billion or (6.9%) between December 2020 and December 2021. ![]() Year-on-year, basic salary/wages increased by R46. This equates to approximately R287,784 per year. The average worker gets paid R23,982 per month (up slightly from R23,908 recorded in Q3 2021), up from R23,084 in the same period in 2020. Income is difficult to define conceptually and the definition may be different across fields. Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.
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