* My wife was laid off in 2019, pre-COVID. She got almost 9 months worth of full US salary paid. Likely equivalent to 2-3 years salary in Europe. She found a new job within 3 months and pocketed the rest. Obviously, stronger employment protection is nice, but the generous cash payout is a nice consolation prize.
* Health insurance for both of us is excellent. The cost compared to salary is negligible (fortunately, the worst we've had to deal with is serious dental surgery, which was handled very professionally and cost effectively).
* Unlimited vacation for both of us. We have spent the past month in Florida.
* We live in NYC, public transit is excellent for US standards (though it's garbage compared to Asia). We do have a car entirely voluntarily, it's not necessary. My wife doesn't drive at all.
* Parental leave ~6 months for each of us.
Like I said, we're at non-FAANG no name companies that you've probably never heard of. FAANG would be much more generous. On top of all this, we're paid extremely generously, likely 2-3x what you would expect in Berlin/Amsterdam plus generous equity compensation. If you're responsible with saving your money, there's basically no place better to be a software engineer on the planet.