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From discussions with Europeans, salaries for many white collar workers, not just tech, are like 2x higher in the US.
by toasterlovin 8y ago
From discussions with Europeans, salaries for many white collar workers, not just tech, are like 2x higher in the US.
- novaRom 8y agoThis is true. And net salaries are 3x higher. Say, an average tech Joe from Munich is getting home only 3 to 4 thousands of dollars after taxes (48%, it includes social security, etc.), but renting a studio costs almost the same as in San Fran. All other costs are similar or more expensive in Europe. Even healthcare is more expensive in Germany: if both parents are getting more than 3k USD after taxes each, then each of them need to pay around $900 (!!!), thus $1800 per month HEALTH INSURANCE per family. Good thing is that your employer pays around 50% of that costs, but even $900 health insurance is not as cheap in comparison with USA, right? Day care, kindergarten - costs depend on your income. The more you earn the more you pay. On average it's around $800-$1000 per month/child for public kindergartens (assuming your net monthly income is over 3k USD) or $2000-$3000 private.