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Could you expand on the comparison to Munich, please? I can't imagine what could make it so much better it's worth the significant cost increase - unless you ta

Could you expand on the comparison to Munich, please? I can't imagine what could make it so much better it's worth the significant cost increase - unless you take advantage of the business opportunities I guess

mytailorisrich 2y ago
I can't answer on the comparison but I expect salaries in Zurich will be also quite higher than in Munich, so that differences in cost of living may not be an issue.
- david927 2y ago
  Yeah, it's cost of living which is matched with higher salaries. Be very careful that you're adding that to the comparison. If you're not getting a commensurate higher salary, don't do it. What makes it worth it? That's a good question. It's a big economic question. People will say, "Milk costs more but you make more so it's the same as a place where you make less but milk, say, costs less." That's not true. The milk, for this example, in Switzerland is so much better, higher quality, etc. So it's not an apple to apples comparison. Plus, when you're buying non-local items, such as any electronics, for example, or you're saving/investing or you travel, now your higher salary is paying off. Edit: P.S. This is a rule of thumb I live by, having lived and worked in five countries: all things being equal otherwise (meaning personal preferences should be considered first), always always always go for the higher nominal income. Be careful in putting trust in things like PPP.
  - dauertewigkeit 2y ago
    I agree with you. Also taxes are generally higher in Germany.
sillyfluke 2y ago
I read the post as saying: Zurich, if cost of living is not an condideration at all. I don't known if anything in Munich can compete with a nice lakefront pad in Zurich. If cost is a consideration, Munich definately. The range of great and cheap nature options near Munich is countless. It's Austria's backyard, and hanging out in the Austrian Alps and lakes is a fraction of the price of the Swiss alternative.

mytailorisrich 2y ago

I can't answer on the comparison but I expect salaries in Zurich will be also quite higher than in Munich, so that differences in cost of living may not be an issue.

david927 2y ago
Yeah, it's cost of living which is matched with higher salaries. Be very careful that you're adding that to the comparison. If you're not getting a commensurate higher salary, don't do it. What makes it worth it? That's a good question. It's a big economic question. People will say, "Milk costs more but you make more so it's the same as a place where you make less but milk, say, costs less." That's not true. The milk, for this example, in Switzerland is so much better, higher quality, etc. So it's not an apple to apples comparison. Plus, when you're buying non-local items, such as any electronics, for example, or you're saving/investing or you travel, now your higher salary is paying off. Edit: P.S. This is a rule of thumb I live by, having lived and worked in five countries: all things being equal otherwise (meaning personal preferences should be considered first), always always always go for the higher nominal income. Be careful in putting trust in things like PPP.
- dauertewigkeit 2y ago
  I agree with you. Also taxes are generally higher in Germany.

sillyfluke 2y ago

I read the post as saying: Zurich, if cost of living is not an condideration at all. I don't known if anything in Munich can compete with a nice lakefront pad in Zurich. If cost is a consideration, Munich definately. The range of great and cheap nature options near Munich is countless. It's Austria's backyard, and hanging out in the Austrian Alps and lakes is a fraction of the price of the Swiss alternative.