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by jacquesm 1112 days ago
North of $70K is still a ways away from $100K+ and I'd love to see which companies we're talking about here because that's not the news that reaches me from Spain. Rather the opposite.
2 comments

70k in Europe is totally comparable to 100k in US though and is a pretty comfortable salary in Europe.

Even if life is a little more expensive in Europe, you don’t need as much emergency savings as in the US.

Tax system in Europe is also a lot more complicated with many loopholes.

In Belgium, almost every white collar job has a company car included, since it's much much cheaper than for an individual to buy one.

> 70k in Europe is totally comparable to 100k in US

Where in the US? It's a massive country with a huge regional variation in cost of living.

The EU is also vast with huge variations. I think it’s a general, average comparison.
I'm not sold on that over the long term. Many western European countries have rough economic outlooks due to their terrible demographics.
Once you accept the fact that single income families don't afford real estate ownership, 70k is easily sufficient for a comfortable life. Again, assuming it is a double income household. It is so for the high price region in Southern Germany around Munich.