What's so terrible about that?
Also, the 60k are probably before income tax, which as far as I understand, is higher than in the US.
Of course if you live somewhere else than Paris it's even better, and in every case you also count in universal healthcare.
Easily does a lot of heavy lifting. I'd doubt you'd find a 30m2 in a nice neighborhood. Source: I looked last year. I was also specifically talking about buying.
> Of course if you live somewhere else than Paris it's even better
You'll probably be making less than 60k in that case, if you can even find a job…
> and in every case you also count in universal healthcare.
It depends. If you break your leg or something else critical, sure. If you need any other kind of care (hospital stay, glasses, or even some dental work) you better have a "mutuelle", which seems similar to the US model of employer provided health insurance, in that not everyone has it. Also, this comes out of your 60K, and part of it is included in the tax base, so it isn't completely "free".
Paris has the largest job market but there still a lot of jobs around the country. In my area, which couldn't be further away from Paris, senior profiles take 65-80k gross/year.
meh. I make less than 3200 net/month and iI live inside a 33m2 2 pieces in a completely normal part of the 20eme, if I'd go to other still nice but cheaper parts of Paris/banlieue prochaine on the metro I could probably do even better.
About buying, I've lived in places with an higher buying cost/rent price. But still, the market is mental and buying an house in the 2nd most expensive city in the world is completely different to live a decent life off a salary like 60k/year (which is medium-high compared to the average one in Paris, which is 48k/y).
Of course more aristocratic arrondissements are much more expensive and the Paris house market is completely mental, but that's another issue.
> You'll probably be making less than 60k in that case, if you can even find a job…
Mah! Other sibling comment already addressed that
> It depends. If you break your leg or something else critical, sure. If you need any other kind of care (hospital stay, glasses, or even some dental work) you better have a "mutuelle", which seems similar to the US model of employer provided health insurance, in that not everyone has it. Also, this comes out of your 60K, and part of it is included in the tax base, so it isn't completely "free".
It's mandatory and for the bigger part payed by the employer. Anyway, that's the concept of "taxes" in Europe. One could argue that the US model of health insurance is better, but that's easily proven false.
I should hope they can 'kinda easily' rent that.
Remember that in the US most decent jobs (certainly any which would pay €60k in France) include health insurance so then universal healthcare isn't such a big benefit either.
Ask the Germans, where you basically have to wait for someone to die, so that an apartment comes on the market for renting.
Maybe it's better in France.
So you work full time in a highly skilled career and you can afford to... rent a flat, as long as you keep working full time forever.
That's.... nice, I guess?
fixed that for you. welcome to modern society :)
(also, you kinda forget to realize that 60k is much higher than most of what skilled job positions currently offer, except for the tech bubble, where senior profiles in Europe - especially in Paris - make way more than 60k)
"Congrats, you're not homeless!"
60,000 USD is 58,000 Euros at current exchange rates, which equates to a post-tax annual income of 37500 Euros in France.
If you were only supporting yourself, that would place you in the top 1.6% of earners in the world. It would be an effective income 17x the global median.[1]
Now, these are estimates, and some of the underlying data is outdated, but the basic point is clear. It would provide you with, relatively speaking, a historically and globally unprecedented level of affluence. After that point more money is going to do almost nothing to improve your well-being - doing creative and meaningful work, having good relationships, having a well balanced mind, etc., is going to be far more important.
[1] https://howrichami.givingwhatwecan.org/how-rich-am-i?income=...
So ... yes, technically, if you earn 37500 Euros post-tax, you are the 2%. And if you live in Laos, you're living the good life. In Paris, however, things will be hard.
[1] https://kagi.com/proxy/5653f337-ac74-470a-8651-231e5f3fee60....
Paris is a collection of shoebox apartments, if you want to have a larger house, don't go live in Paris.