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Last time I considered moving to Europe and ran the numbers, it didn't come out "fairly close" in any major city, even Oslo and Zurich. Zurich was closest thou
by dmoy 9y ago
Last time I considered moving to Europe and ran the numbers, it didn't come out "fairly close" in any major city, even Oslo and Zurich. Zurich was closest though.
Some cities were ridiculously out of wack, like London where the pay cut would be like 30-50%. When you can swing an after tax savings rate of near 30-50% on the west coast, it becomes really, really difficult to make the numbers work out.
But then again this is anecdotal for a specific level. Though when I did a more brief look for levels above me, the difference was even more stark (we got some serious income inequality for upper levels in the US).
- eatplayrove 9y ago"even" Oslo and Zurich? :-) you picked two of the most expensive cities in Europe if not the world!
- dmoy 9y agoExactly. The fact that Zurich came closest to making the math work out should tell you something.... When you don't spend 100% of your income on getting by, marginal increases in both pay and living costs favor you, so long as they are remotely balanced.