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I wouldn't say they're depressing unless you compare them to high-end US salaries and those become your expectation. The salaries may be no higher than for lot

by Delk 4y ago

I wouldn't say they're depressing unless you compare them to high-end US salaries and those become your expectation. The salaries may be no higher than for lots of other professionals, but those other professionals also make comfortable buck. Not enough to get into the actually rich category, but upper middle class is also pretty comfortable financially. The money isn't enough (for most) to escape the treadmill or to otherwise escape reality, so it can be depressing if your life is otherwise depressing or if you compare it to something really lucrative. But IMO the pay level by itself isn't bad. At least that's my impression of the current market living and working in a locally major city but definitely outside of those major hubs.

ChuckNorris89 4y ago
>upper middle class is also pretty comfortable financially At 64k/year (2.8k/month take home pay) I can't call myself upper middle class here. Not when an apartment is 500k+ or a house 1MM+. >living and working in a locally major city but definitely outside of those major hubs Can I ask which major city?
- Delk 4y ago
  I guess housing prices are a bit of an issue. But I think 500k+ for an apartment pretty much suggests either a large city/metro, or a large-ish apartment that you probably wouldn't be paying for alone. And if the interest doesn't drag you down too much (as it might at the moment of course), that n*100k apartment is going to become your property of multiple hundreds of thousands over the years, so it's not like it's only an expense. I get the interest costs, up front payments and general debt amounts can be overwhelming, though. > Can I ask which major city? Helsinki, Finland, so backwater on the European scale, large locally. I'd guess we probably have slightly lower salary levels than some major Western European countries (I'm in the same ballpark as you but senior positions can pay more), and a more or less similar cost of living (except that housing isn't quite as expensive as in major metros).
- raverbashing 4y ago
  > 64k/year (2.8k/month take home pay) Hummm I'm not so big in discussing specific situations but I've seen better in Europe. And better take home even in high-tax countries Calculating this yearly value for Germany would give 3.6k/month take home

by Delk 4y ago

ChuckNorris89 4y ago

>upper middle class is also pretty comfortable financially At 64k/year (2.8k/month take home pay) I can't call myself upper middle class here. Not when an apartment is 500k+ or a house 1MM+. >living and working in a locally major city but definitely outside of those major hubs Can I ask which major city?

Delk 4y ago
I guess housing prices are a bit of an issue. But I think 500k+ for an apartment pretty much suggests either a large city/metro, or a large-ish apartment that you probably wouldn't be paying for alone. And if the interest doesn't drag you down too much (as it might at the moment of course), that n*100k apartment is going to become your property of multiple hundreds of thousands over the years, so it's not like it's only an expense. I get the interest costs, up front payments and general debt amounts can be overwhelming, though. > Can I ask which major city? Helsinki, Finland, so backwater on the European scale, large locally. I'd guess we probably have slightly lower salary levels than some major Western European countries (I'm in the same ballpark as you but senior positions can pay more), and a more or less similar cost of living (except that housing isn't quite as expensive as in major metros).
raverbashing 4y ago
> 64k/year (2.8k/month take home pay) Hummm I'm not so big in discussing specific situations but I've seen better in Europe. And better take home even in high-tax countries Calculating this yearly value for Germany would give 3.6k/month take home