Only if you rent or stay far away from the hotspots. Germany has one of the lowest home ownership rates recorded at 41%.
In Munich, an average <80m2 apartment 40+ minutes away from the city center costs around 640K EUR. And if you're looking at a decent detached house we're talking about a million at the very least.
Unfortunately doesn't add up when salaries in tech are 55-85k EUR, with net income somewhere around half of that.
But yes, outside of purchasing real estate, cost of living is pretty good relative to quality of life.
In Munich, an average <80m2 apartment 40+ minutes away from the city center costs around 640K EUR. And if you're looking at a decent detached house we're talking about a million at the very least.
Unfortunately doesn't add up when salaries in tech are 55-85k EUR, with net income somewhere around half of that.
But yes, outside of purchasing real estate, cost of living is pretty good relative to quality of life.