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Comment by falsestprophet | Hacker News Reader

Prague is a lot cheaper than London.

Skype pays employees with title Software Development Engineer II:

  US$46k in Prague [0], and
  US$82k in London [1].

And I suspect life is a lot more comfortable in Prague on $46k than London on $82k

[0] https://www.glassdoor.com/Salary/Skype-Prague-Salaries-EI_IE... [1] https://www.glassdoor.com/Salary/Skype-London-Salaries-EI_IE...

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Just went through Prague on a shoestring budget. YMMV but that salary over there seems like you'd be living very, very well.

Only if you are not a fan of travelling, technology etc.

What are you talking about?

Prague is a modern city, and the Check Republic is in the EU and even in the schengen area, so travel around Europe is a non issue.

I mean food and accommodation can be cheap but for the rest you pay "western" prices which makes it less appealing. You have to save for a new piece of technology longer and when going to places like UK stay in hostels and eat tinned food or again save longer...

Yeah, I noticed that tech products aren't much cheaper in eastern Europe than in the West.

But then you have the whole of Eastern Europe and south Europe to visit too, which is pretty awesome. Also, rent and food is probably your biggest budget. The beer is also awesome. And you get 5 weeks of vacation like everywhere in the EU.

But after food and accommodation, the developer in Prague probably has more disposable income than one in London, so will save quicker.

Usually you pocket your entire salary since cost of living and taxes are so low.

Yes, you won't be buying Teslas on that salary but most things not over $3k won't break the bank.

Prague is a really cool city. A lot more cheaper and has better climate than London. I suspect rent is substantially cheaper as well. And they are on their own currency, not stinking euros.

Not having the Euro is annoying for people who live close by and love to visit, though. (like me ;) )

Rent is ridiculously cheap in Prague, I had friends renting a 73 square meters flat in Zizkov (in the good parts of Zizkov) for like 400€.

  (82-46) * 220 = 7920

$7.92 million of savings. Somebody could see the bottomline improving and stock price rocketing higher.

If one wants to cause a stock price to rocket, I don't think finding $8M in a $500B company with $85B in revenue is going to cut it.

I thought that the pun was obvious.

Peanuts

Your milkmaid calculation misses the taxation part paid by the employer. London might be sort of a tax-haven compared to Prague.

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