> To sum up: if you are single and opt for "live cool and don't care about expenses" style, then an average developer salary will be enough (it might be harder if you have a family to feed). > On the other hand, if you choose to go the student-like route (living in Wohngemeinschaft and not eating out too much), you can easily manage with just 1.200-1.500 EUR per month, and save the majority of your salary. I know it…
Typically you'd be saving for a deposit on a house, rather than the full amount.
> To sum up: if you are single and opt for "live cool and don't care about expenses" style, then an average developer salary will be enough (it might be harder if you have a family to feed). > On the other hand, if you choose to go the student-like route (living in Wohngemeinschaft and not eating out too much), you can easily manage with just 1.200-1.500 EUR per month, and save the majority of your salary. I know it…
Why's that? Saving 18k for 5 years would yield you 90k€, which would be an appropriate 20% down payment on the 450k€ house.
Leaving in Germany for 6 years. Moved from France. What I'll say only concern Berlin. The interview process in startup can be more draining than that. Currently, it's more like 4 / 5 steps with (sometimes) 6+ hours homework. Yik. 60k is more for senior developers. Junior get less. Other than that the cost of living in Germany is quite low (lower in Berlin than in the South) and it's a very nice and stable country.
> 60k is more for senior developers. Junior get less. It's always shocking to me how low European SWE compensation is. Is it similar for other skilled professionals? What do accountants, lawyers, civil engineers, pilots, physical therapists, etc. make? I understand the demand side. I think the European tech industry is much less successful than its American counterpart, and therefore has less money to pay. But I don'…
What you are not taking into account is that health care costs compared to the US are almost nothing. So is the cost of higher education.
> To sum up: if you are single and opt for "live cool and don't care about expenses" style, then an average developer salary will be enough (it might be harder if you have a family to feed). > On the other hand, if you choose to go the student-like route (living in Wohngemeinschaft and not eating out too much), you can easily manage with just 1.200-1.500 EUR per month, and save the majority of your salary. I know it…
I assume engineering positions are on the top bracket of salary distribution.
If not even this is enough to pursue home ownership, what kind of people are able to afford a house? Honest question.
> To sum up: if you are single and opt for "live cool and don't care about expenses" style, then an average developer salary will be enough (it might be harder if you have a family to feed). > On the other hand, if you choose to go the student-like route (living in Wohngemeinschaft and not eating out too much), you can easily manage with just 1.200-1.500 EUR per month, and save the majority of your salary. I know it…
Few people buy a house outright. Mortgages make the ordeal a little more in reach. Now as to whether banks grant it or not is a different problem...
> To sum up: if you are single and opt for "live cool and don't care about expenses" style, then an average developer salary will be enough (it might be harder if you have a family to feed). > On the other hand, if you choose to go the student-like route (living in Wohngemeinschaft and not eating out too much), you can easily manage with just 1.200-1.500 EUR per month, and save the majority of your salary. I know it…
Sorry, but even 450k Euros for a house is very cheap for the current crazy market in Germany. At that price don't expect to be in a nice area or be close to any major city or good facilities.
> To sum up: if you are single and opt for "live cool and don't care about expenses" style, then an average developer salary will be enough (it might be harder if you have a family to feed). > On the other hand, if you choose to go the student-like route (living in Wohngemeinschaft and not eating out too much), you can easily manage with just 1.200-1.500 EUR per month, and save the majority of your salary. I know it…
Why's that? Saving 18k for 5 years would yield you 90k€, which would be an appropriate 20% down payment on the 450k€ house.
In 5 years, that house might cost a bit more than 450k.
Leaving in Germany for 6 years. Moved from France. What I'll say only concern Berlin. The interview process in startup can be more draining than that. Currently, it's more like 4 / 5 steps with (sometimes) 6+ hours homework. Yik. 60k is more for senior developers. Junior get less. Other than that the cost of living in Germany is quite low (lower in Berlin than in the South) and it's a very nice and stable country.
I just got a 6 figure non-senior position in Berlin. Sent out close to 100 applications and went into interview processes at around 30 places. 80-90k is definitely doable if you are good and take your time (I was looking for 3-4 months). You need to filter beforehand for salary. Most places expect to pay around 60-70k max. But getting the higher salary is more a matter of finding the company willing to pay it than ju…
Do you just select companies competing to hire against global companies ?
I can't see a mid-size startup / domestic company needing to pay 100k to get the devs they need, at least from my experience in Europe.
Leaving in Germany for 6 years. Moved from France. What I'll say only concern Berlin. The interview process in startup can be more draining than that. Currently, it's more like 4 / 5 steps with (sometimes) 6+ hours homework. Yik. 60k is more for senior developers. Junior get less. Other than that the cost of living in Germany is quite low (lower in Berlin than in the South) and it's a very nice and stable country.
> 60k is more for senior developers. Junior get less. It's always shocking to me how low European SWE compensation is. Is it similar for other skilled professionals? What do accountants, lawyers, civil engineers, pilots, physical therapists, etc. make? I understand the demand side. I think the European tech industry is much less successful than its American counterpart, and therefore has less money to pay. But I don'…
You can make a very decent living on an SWE salary in Germany, and still get to live in a social democracy with a stronger emphasis on "social" than the US (i.e., very solid public services like transportation, education or health care) with a work/life balance that's more strongly tilted in favor of "life" than the US, from what I understand. It's a trade-off, but it's worth it for many.
Leaving in Germany for 6 years. Moved from France. What I'll say only concern Berlin. The interview process in startup can be more draining than that. Currently, it's more like 4 / 5 steps with (sometimes) 6+ hours homework. Yik. 60k is more for senior developers. Junior get less. Other than that the cost of living in Germany is quite low (lower in Berlin than in the South) and it's a very nice and stable country.
In all fairness, you're describing the startup scene, which has weird, and often abusive standards over here.
60k is not unusual for entry-level people in "established" companies (outside of an union's contract).