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by 0xy
2177 days ago
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Speaking in the very narrow view of tech, if you work in tech in the US you are likely to make anywhere from 2 to 5 times as much as in Europe, including taxes and healthcare costs. There simply is no comparison. Switzerland comes second, with the UK or Canada next. Europeans always mention free healthcare. But when your salary in the US is triple before taxes then the healthcare costs are irrelevant. The absolute truth is that by choosing to work in Europe rather than the US, you're losing potentially millions of dollars by time you reach retirement (with compounding interest investments) -- as an average individual contributor. If you're a high performer, you might lose far more than that. Entry level grads in the US can in some cases be paid more than senior developers in the EU. |
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As an European working in tech I really don't care about those millions of dollars. My income - very low on the SV-scale - is more than enough to live a comfortable life.
Compared to the Anglosphere this also means that there is a lot less pressure in regard to getting priced-out with a median salary. Public transport & infastructure is great, university education is cheap and housing is affordable (not just for me, but also my friends in other industries).
Personally, this feels more egalitarian and I prefer it to a society with higher GDP that comes with more inequality.