A good pay should cover your expenses, vacations and such, a bit of retirement savings, and leave you with some disposable money as well; otherwise, it depends on how much you want the job. (It's the same old supply vs. demand kind of thing.)

That's a minimal pay in a field where the job market is kind of in favor of the employees.

In my mind, this feels more like "acceptable pay". Excluding absolute emergencies, I'd never take any job as a grown adult that didn't check all these boxes.