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What is considered a good salary in Germany?

Posted on March 2, 2020 by Author

Table of Contents

  • 1 What is considered a good salary in Germany?
  • 2 What is a good salary in Germany 2021?
  • 3 Is 40.000 euro a good salary in Germany?
  • 4 What is the average net salary in Germany?
  • 5 What is the average monthly net salary in Germany?
  • 6 Is a €95K salary good enough to live in Berlin?

What is considered a good salary in Germany?

In Germany, the net monthly salary between 2,500 EUR and 3,000 EUR is good, and over 3,500 EUR is very good. The average gross wage in Germany in 2021 is 56,985 EUR or 34,126 EUR after-tax for a single person. This translates to the 2,843 EUR net monthly salary.

What is a good salary in Germany 2021?

According to the StepStone Salary Report 2021 (Stepstone Gehaltsreport 2021), the average gross salary in Germany amounts to €56.985. But most Germans consider a salary ranging between €64.253 and €81.503 a good salary.

Is 40.000 euro a good salary in Germany?

Best salaries in Germany by federal state In Germany, the southwestern state of Baden-Württemberg offers graduates the best starting salary: an average of 52.100 euros. In fact, in all of Germany’s eastern federal states, with the exception of Berlin, starting salaries are below 40.000 euros.

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Is 7000 euros a good salary in Germany?

Salaries vs Cost of Living in Germany A specialist doctor having the average gross salary in his branch of 7,000 euros a month earns 3,900 euros after tax and that is well over four times the average cost of living in Germany.

How much is a good salary per month?

How Much Do Average Jobs Pay per Month?

Annual Salary Monthly Pay
Top Earners $90,000 $7,500
75th Percentile $74,000 $6,166
Average $66,665 $5,555
25th Percentile $49,500 $4,125

What is the average net salary in Germany?

European and transcontinental countries by monthly average wage

State Local currency €
Net Net
Germany €2,913 2,913
Greece €1,116 1,116
Hungary HUF 298,100 857

What is the average monthly net salary in Germany?

Visit europa.eu for more details. The average monthly net salary in Germany is around 2 400 EUR, with a minimum income of 1 100 EUR per month. These figures place Germany on the 12th place in the list of European countries by average wage.

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Is a €95K salary good enough to live in Berlin?

Living in Berlin and having €95k salary will mean that you will live a very good life (financially). By German standards, you are in the top \% of earnings, as an employee. You have not mentioned which country you are coming from, so what does a middle class level means?

How much is a €50-55k salary in Western Europe in US dollars?

It somehow looks like a €50-55k salary in Western Europe equals a $100-120k there. I know there are many things (like retirement, healthcare…) that are included in European salaries that are not in US ones. So is there any way, any rule of thumb, that could help me match US salaries with Western European ones?

What do you need to know about your German payslip?

Understanding your German payslip. Employees in Germany will usually receive a monthly payslip ( Gehaltsabrechnung, Lohnabrechnung or Verdienstabrechnung) from their employer, detailing their salary, social security contributions and taxes. To anyone who is not familiar with them, these breakdowns can be difficult to understand.

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