Oh I don’t mean financially. I mean simply as a quality of life trade off.
Choosing where to live is rarely purely a financial decision. If you migrate permanently it’s probably for other reasons. If you expect moving back to the US where you’d need your savings (e.g to retire) then you need to make it a partially financial decision of course.
Not sure what you mean by the 40sqm flat and no assets, that obviously depends on how much you make and what you decide to do with it. I live comfortably (new car, decent sized house etc) but that is at the expense of not putting aside much. In the US I could probably have more stuff and still set aside a lot of money because I’d be making 2x the money and have lower taxes (If I made 3 or 4 times the money it would probably be in places where I’d be living in a studio flat such as in SF).
But I think what’s being lost is that it’s hard to put a price on things like having long holidays, good working hours etc. None of that is exclusive to any country but it’s certainly differing on average.
In the end all of this is about what you value as quality of life. What kind of money you need to cover the kind of lifestyle you want.
Oh I don’t mean financially. I mean simply as a quality of life trade off.
Choosing where to live is rarely purely a financial decision. If you migrate permanently it’s probably for other reasons. If you expect moving back to the US where you’d need your savings (e.g to retire) then you need to make it a partially financial decision of course.
Not sure what you mean by the 40sqm flat and no assets, that obviously depends on how much you make and what you decide to do with it. I live comfortably (new car, decent sized house etc) but that is at the expense of not putting aside much. In the US I could probably have more stuff and still set aside a lot of money because I’d be making 2x the money and have lower taxes (If I made 3 or 4 times the money it would probably be in places where I’d be living in a studio flat such as in SF).
But I think what’s being lost is that it’s hard to put a price on things like having long holidays, good working hours etc. None of that is exclusive to any country but it’s certainly differing on average.
In the end all of this is about what you value as quality of life. What kind of money you need to cover the kind of lifestyle you want.