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Job offer in Munich - need help on cost of living

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lalit.jethani

Hi Guys,

I hope you all are doing good!

I am Lalit. I work in Microsoft India. I have got a job offer from Munich for a Software Engineer. The amount offered is 68000 Euros/year.I am married and my wife will not be working. She would be moving along with me. I calculated tax and my net in hand salary would be 3700 euros/month after tax.

I would really appreciate if someone an give a rough estimate for cost of living for a couple. A rough estimate like Rent + Utilities + Weekend eating out + transport + gym would be really helpful.

My aim is save atleast 2000 Euros after living a decent/above average life style.

Thanks in advance.

Cheers!
Lalit

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beppi

Congratulations for your job offer!
The offered pay is quite good, about twice the German average household income.
However, Munich is also the most expensive city in Germany and especially rents are very high (and apartments difficult to find). Your plan of saving EUR2000 out of an income (after tax) of EUR3700 is entirely unrealistic. Depending on your lifestyle (and adaptability to what is common in Germany), you'd probably save some, but much less than what you think.
You can find information about living costs on various threads in this forum, as well as numbeo.com.

lalit.jethani

Hi Beppi,

Thanks for the reply. I really appreciate that you took time and replied to me.

I can make a counter offer to my employer also. I can ask him to raise the offer.

Do you think a net in hand salary of 4500 Euros per month after taxes will fetch me a saving of 2000 EUR ?

Can I assume that 2000-2200 EUR per month is enough to live a decent life in munich for a couple ?

beppi

Since this is already a good salary, I doubt your employer would react positively.
How much you need depends very much on what you call “decent” lifestyle. Rent can be €1000/month (less is unlikely in Munich) or €3000, daily expenses could be €600/month per person if you live frugally, or many times that if you like to eat out, have a car and/or like to travel and sightsee.
I can only repeat that it is entirely unrealistic to save half of what you earn - 20-30% is a more realistic goal!

TominStuttgart

Like Beppi mentioned, this is a very good salary in Germany. But you state that you want to save 2000 Euros and I assume you mean a month? This is very unrealistic. And no you cannot expect an employer to give more just because you have goals of saving an unrealistic amount of money. That is not how it works. And I assume this is a legitimate offer?! There have been a lot of posts here warning about scams where people are offered well-paying jobs. One needs to double check that such offers are legitimate. Does the company really exist and is the person making the offer actually represent them? Anything that sounds too good to be true is usually a scam. If they start asking you to make payments for something or say that you cannot contact the company directly to confirm things - then beware.

lalit.jethani

Hi,
Thanks for the reply.
Yes, this is a legitimate offer. Company name is westwing. I cleared 4 rounds of technical interview.
I work in Microsoft, and I see that employees in Microsoft Munich office are earning 90k plus stocks.
I believe if 2000 euros saving is out of Question in munich, then its impossible to get atleast a decent rich there.

TominStuttgart

I looked in the internet and yes, Westwing does exist. As far as salaries for Microsoft in Munich I looked at a number of sites showing the pay scale there. The upper limit of a number of jobs seems to be around 90K (didn’t see any mention of stocks).  But that is far from the average and way more than most starting salaries. One can do well in Germany but don’t assume that getting a job there automatically means you are going to be rich. The amount you save will mostly depend on what level of lifestyle you live. One can be frugal and save some money with such an income – or one can easily spend it all. Lots of people get in debt despite earning well; it’s all a matter of living within one’s means.

beppi

The salary you are offered is considered upper middle class (i.e. what I'd call "decent rich") here.
EUR90k/year is for managerial types or specialists with many years of niche experience and skills that are in demand - and then only in a few well-paying industries. Microsoft Munich probably has a few of them, but not many. As a software engineer, this is unattainable. (For comparison, a good friend of mine is a medical database specialist - there are only few in the world - with SAP, PWC and IBM background, nearly 20 years international work experience and fluent German. She earns more than what you are offered, but below EUR90k/year.)
It is nice to dream, but those will always remain dreams. If an opportunity, such as this job offer, comes along you should grab it even if it falls short of your dreams.

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