How much do you need to earn to live comfortably in Europe: a ranking
According to Euronews, a comfortable standard of living for one person in Europe requires an average monthly net income of 2867 euros. The highest incomes are needed in Switzerland and Luxembourg, while the lowest are in Romania. For a family with two children under 14 years old, the target is 6021 euros per month.
Analysts at Euronews have determined that a comfortable standard of living for one person in Europe requires an average monthly net income of 2867 euros.
According to the study, the highest income levels are needed in Switzerland – 6491 euros per month, and Luxembourg – 6256 euros. Other countries with high income requirements include Germany (3611 euros), France (3307 euros), and Italy (2758 euros).
The lowest income needed for a comfortable life is in Romania – 1023 euros per month. Spain occupies an intermediate position with a figure of 2546 euros.
Analysts have defined a comfortable income as 150% of the median income in each country, which represents the lower limit of the income of the upper middle class. It is important to note that all figures are after taxes, and actual needs may vary significantly depending on the city, rental costs, and lifestyle.