The example holds for Hamburg, and is pretty close for Munich or Frankfurt. (I've spent four years working in Baden-Württemberg and four in Berlin.) Tech sala

The example holds for Hamburg, and is pretty close for Munich or Frankfurt. (I've spent four years working in Baden-Württemberg and four in Berlin.) Tech salaries are just a lot lower in Germany. In comparison, in the US, there are a number of cities where wages are pretty close to Silicon Valley. I believe NYC is a bit higher. If you want to compare finance to finance, I assure you that salaries in New York are higher than they are in Frankfurt.