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by garethsprice
5328 days ago
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How does that compare to cost of living? What income percentile does 1000EUR/mo put you into? Staying in Portugal or another place with a low cost of living and earning money in a place with high wages is a great position to be in - you can take advantage of arbitrage across the two markets and end up with far more disposable income than someone local to that market (who has to pay local rents, prices, etc). |
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There are actually a lot of people in a lot of trouble in the country, as they cannot pay their bills anymore. According to [1] (Portuguese data website, you might want to use Google translate), the average monthly salary for a qualified professional was 699€ in 2009. For high management, it was around 2.158€. The national monthly average was 867€. So when it comes to salaries straight out of college, I would say that 1000€/month is probably in the top 70%.
I got the chance to be an exchange student in Finland last semester, and I could see that over there, computer engineers are a lot more valued than here. Due to the austerity measures, the cost of living in scandinavian countries is not much greater than the cost of living in Portugal (we are losing regalies such as 50% discount on public transportation for students).
[1] http://www.pordata.pt/Portugal/Remuneracao+base+media+mensal...