Exeter · Mid-level · 2026

£46,000 Software Engineer
in Exeter

A mid-level Exeter software engineer earning £46,000 takes home £3,053/month after tax and NI. Average 1-bed rent is £1,000/month, leaving £2,053/month after rent — a manageable financial position for Exeter's cost base.

Gross
£46,000
mid-level
Net monthly
£3,053
after tax & NI
After rent
£2,053
per month
Savings est.
£1,113
per month
Stretched — rent takes 33% of take-home. Consider a shared house or outer-area flat.

Monthly Budget — Mid-level Software Engineer in Exeter

Item Monthly
Gross annual salary £46,000/yr
Income tax −£557/mo
National Insurance −£223/mo
Net monthly take-home £3,053/mo
Rent (1-bed median) −£1,000/mo
Council tax −£125/mo
Transport −£68/mo
Groceries & utilities −£407/mo
Estimated monthly savings £1,113/mo

Tax computed using HMRC 2025/26 rates. Rent = Rightmove Q4 2025 median. Savings estimate deducts a £340 misc. buffer from remaining income.

Software Engineer Salary Range in Exeter

This page shows the mid-level salary (£46,000) — 100% of the median (£46,000).

P25 — Lower quartile
£37,000
25% earn less than this
Median — 50th percentile
£46,000
midpoint of all earners
P75 — Upper quartile
£58,000
25% earn more than this

Compare by Experience Level

Entry — £32,000 Mid — £46,000 Senior — £64,500

vs Exeter City Median

Mid-level Software Engineer
£46,000
vs
Exeter all-worker median
£31,000
48% above Exeter median

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Frequently Asked Questions

Is £46,000 a good software engineer salary in Exeter? +
£46,000 is the mid-level software engineer salary in Exeter, representing 100% of the median (£46,000). Net take-home is £3,053/month after tax and NI. Rent-to-income is 33%manageable. At 48% above the Exeter all-worker median of £31,000, this is a competitive salary for the city.
What is the average software engineer salary in Exeter? +
The median Exeter software engineer salary is £46,000 (ONS ASHE 2025). The lower quartile (P25) is £37,000 and the upper quartile (P75) is £58,000. Entry-level roles typically start around £32,000, while senior professionals reach £64,500.
How much can a software engineer in Exeter save each month? +
On £46,000 in Exeter, after rent (£1,000/mo), council tax (£125/mo), transport (£68/mo) and groceries & utilities (£407/mo), estimated monthly savings capacity is approximately £1,113/month.
What is the rent-to-income ratio for a software engineer in Exeter? +
On £46,000 in Exeter, the rent-to-income ratio for a 1-bed flat is 33%. The guideline for comfortable solo living is under 33%. To achieve a 33% RTI on a Exeter 1-bed (£1,000/mo), you need approximately £36,000 gross annual salary.

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