4 ms·
Wrt 1. Are the numbers in the article not before taxes (including the income tax withheld by the employer)? In general the cost of living in United States is l
by chvid 12y ago
Wrt 1. Are the numbers in the article not before taxes (including the income tax withheld by the employer)?
In general the cost of living in United States is lower than in Europe. Not higher. Even when you compare the hotspots (like New York to London).
- vidarh 12y agoAlmost every European country have payroll taxes, sometimes going up into the 15%-20% range, and those are rarely counted as part of income (the exception tends to be libertarians on an anti-tax crusade...). Withheld income tax is a different matter - that would definitively be counted. However California has a state payroll tax that isn't much out of line with many European countries, so I don't that part affects the salary difference that much (I've not bothered to look up what the French payroll tax rates are). Note that based on those numbers Paris is "cheap" when compared even to "nearby" European cities like London.