/biz/ - Business & Finance

Need something explained. I hear a lot of american people talking about salaries being more than 100k/yr like it's nothing. Nothing special at least.

I live in EU and just can't imagine a salary for a decent job being more than 20k/yr.

I'll do some examples.

Doctors, pilots, etc. are some of the highest paying. They get around 2k/mnth net worth so that is 24k/yr net worth. That would be around 50k/yr gross.

Teachers and stuff get around 1,6k/month net worth. That's less than 20k/yr. 40k/year gross.

The majority of people actually get lower than this, around 700€/month net worth. 8400/yr, 17k gross.

I am a programmer and I get around 900€/month net. Around 20k/yr gross.

So tell me, how the fuck can you get up to 150k in USA as a programmer?

There must be something wrong with this math. Living expenses are pretty much the same EU and USA. What is the difference?

Maybe it will help if I say...
around 50% of your gross income goes away to taxes, basic health and pension insurance. Pension insurance is a must, with a pension being 50% of your salary. So not exactly an investment. This half is always paid by your employer, so if your gross is 2k, you get 1k. Briefly.