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by nextos 5 days ago
True, there's also another factor about not having to be tied to a geographic spot, housing costs.

In EU, even relatively good IT salaries are mediocre when you factor in monthly rental. A simple one-bed apartment can easily take 50% of your net income.

Having freedom to move, even within a particular country, allows reducing that 50% to something more sustainable.

1 comments

It never ends on HN, does it? These wild claims about "[i]n EU". I puke each time I see that phrase. The EU is enormous. There is no way that a "simple one-bed apartment can easily take 50% of your net income" in any mid-sized EU city, or an hour outside a large EU city.
My statement obviously referred to major cities, which is where most IT jobs are, as I indicated remote work allows you to leverage cheaper locations.

Take for example Oxford. A typical rental will be around £1,600 pcm. The median pre-tax salary is around £50,000, which converts to around £3,100 net. So, the apartment is actually more than 50% of your net income. Some programming jobs will pay a bit more, but you get the idea.

Another example, in Barcelona, a median net salary is less than a median rental. IT will pay better, but expect to spend around 40% of your net salary. I could also bring up Stockholm or Copenhagen and, unless you are in very senior IT jobs, it's going to look very similar.

In UK and Spain, computer engineers earn the median income?
Which to be fair isn’t that great in either country regardless if you work in tech or not. In major cities if you rent or have a mortgage (taken out recently) it’s basically poverty level.
In many EU countries they do, after taxes. Exceptio being eastern block countries where non-tech salaries salaries are por.
Oxford is in the UK which isn’t in the EU.
Chill bruh. He most likely meant in EU's most livable, big, international Tier-1 cities where the SW dev markets are hot: London, Paris, Barcelona, Stockholm, Munich, Lisbon, Warsaw, Prague, etc

Obliviously, if you live in some small-ish 200k-500k non-touristic city away from the big metro areas, then CoL will be much less and your income will stretch much further and you might be better off financially, but then those cities also have a lot less to offer in terms culture, events, entertainment, along with fewer or even no work and socializing opportunities for SW devs as tech jobs concentrate only in the big metro areas.

So it depends on what you prioritize. Young single people tend to sacrifice savings, to live in big expensive cities for career and social opportunities, while people with families tend to do the opposite. But in general it's difficult to have your cake and eat it too unless you're very lucky.