> I used to think this (as a euro), then I met an American and he explained that he ended up better off in Europe on a "lower" salary because he hadn't consider

> I used to think this (as a euro), then I met an American and he explained that he ended up better off in Europe on a "lower" salary because he hadn't considered the hidden costs of living in the USA. This is going to be very situation dependent, but usually the math works out in favor of the US. The EU will generally, but not always, have higher taxes, lower salaries, and a lower total cost of living. However, the difference depends a lot on which region you're looking at. Of course, there are also going to be varying quality of life differences that can't be easily quantified, which is where many parts of the EU come out better. > He claimed (though I'm certainly no expert) that you have to do your own taxes and set aside money for that; he also claimed that "sales tax" had local, state and federal taxes applied, so while it varies from state to state and city to city; it generally ends up being about 18-20%, which is in-line with VAT in most Euro countries. He was likely self-employed. Income taxes in the US are almost always withheld by the employer. Sales tax does vary depending on the state and local government, but it looks like the maximum sales tax at the moment is a little over 10%. > Though he said he couldn't imagine living without a car in the US, as it turns you "back into a child". This is true in most areas. It's possible to live without a car in some of the larger cities, such as NYC and DC. However even then it's preferable to have one (which is also true from experience in Europe as well).