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Salary Comparison Calculator

Compare two salaries after tax and cost of living adjustments. See which job gives you more real income.

Enter Your Values

Using shared profile · 3,500/mo · EURedit on Dashboard

Start from a realistic scenario
Current Job
%
New Job
%

Results update automatically as you change values.

Decision Engine
Understand
Enter only what matters
Calculate
Transparent formulas
Compare
Side-by-side options
Hidden Costs
What you might forget
Scenarios
Best, expected, worst
Decide
Clear recommendation
Decision Verdict
Best overall choice
Current Job

Gross salary increases by 0.0% (€0), but after tax (30% vs 25%) and cost of living (€32000 vs €24000), your real income changes by only 0.0% — €-8175/year.

Annual Real Gain
-€8,175
5-Year Total Gain
-€14,123,170,875
After €3000 relocation cost
6 things you might be forgettingEstimate based on your inputs — not guaranteed financial advice.

Decision Engine

Confidence
45/ 100
Decision confidence
-€8,175

Annual Real Gain

Watch-outs
Sensitive to your assumptions

The outcome swings widely between best and worst cases. Tighten the key inputs before you rely on this.

Your action plan
  1. 1Pin down "New Salary" — it moves the result by up to €77,000, more than anything else.
  2. 2Budget for the 6 hidden costs before you commit.
  3. 3Sanity-check the worst case (-€9,775) — can you live with it?
  4. 4Adjust the inputs to match your real numbers, then revisit the verdict.

Your Results

Annual Real Gain
-€8,175
5-Year Total Gain
-€14,123,170,875
After €3000 relocation cost
Current: Real Income
-€21,375
New: Real Income
-€29,550
Gross Salary Change
0.0%
Real Income Change
0.0%
Relocation Payback
0 months
Decision Summary

The new job pays €0 more gross (0.0%), but after 30% tax and €8000 higher living costs, your real income gain is only €-8175/year (0.0%). The €3000 relocation takes forever to recover. Over 5 years at 3500% growth, the total gain is €-14123170875. Warning: the raise is almost entirely consumed by higher taxes and living costs — the move may not be worth it financially.

What-If Scenarios

Results update instantly
3500
40000150000
5 yrs
1 yrs20 yrs

Cost Breakdown

Current Gross
€3,5000.0%
Current Tax
-€8750.0%
Current Living Cost
-€24,0000.0%
New Gross
€3,5000.0%
New Tax
-€1,0500.0%
New Living Cost
-€32,0000.0%

Cumulative Real Income (with relocation)

€-60.0B€-40.0B€-20.0B€0€20.0B123451: -€21,3752: -€790,8753: -€28,492,8754: -€1,025,764,8755: -€36,927,556,8751: -€32,5502: -€1,096,3503: -€39,393,1504: -€1,418,077,9505: -€51,050,730,750
Current Job
New Job

Click chart to expand

Income Breakdown

€-30.0K€-20.0K€-10.0K€0€10.0KGrossNetAfter LivingGross: €3,500Gross: €3,500Net: €2,625Net: €2,450After Living: -€21,375After Living: -€29,550
Current
New

Click chart to expand

Side-by-Side Comparison

Current Job
Gross Salary
€3,500
Tax Rate
25.0%
Net Salary
€2,625
Annual Living Cost
€24,000
Real Income (net - cost)
-€21,375
Relocation Cost
€0
5-Year Total
-€36,927,556,875
Gross Change
Real Change
RecommendedNew Job
Gross Salary
€3,500
Tax Rate
30.0%
Net Salary
€2,450
Annual Living Cost
€32,000
Real Income (net - cost)
-€29,550
Relocation Cost
€3,000
5-Year Total
-€51,050,727,750
Gross Change
0.0%
Real Change
0.0%
Best Financially
Current Job
Best for Flexibility
Depends on role
Best Overall
Current Job

Gross salary increases by 0.0% (€0), but after tax (30% vs 25%) and cost of living (€32000 vs €24000), your real income changes by only 0.0% — €-8175/year. The €3000 relocation cost is recouped in never. Over 5 years with 3500% salary growth, the total difference is €-14123170875. The higher salary is almost entirely eaten by higher taxes and living costs — you may not be better off.

What You Might Be Forgetting

Hidden costs and factors that are easy to overlook but can significantly impact your decision.

Tax Bracket Creep

Your tax rate jumps from 25% to 30%. The extra €0 gross yields only €-175 after tax — you keep just -Infinity% of the raise.

Cost of Living Differences

Living costs rise by €8000/year (33%). Housing is usually the biggest factor — research rent/mortgage differences carefully.

Relocation Costs

Moving costs €3000 (visas, shipping, deposits, temporary housing). At €-8175/yr real gain, you break even in never.

Est. annual
€600
Social Network Loss

Moving means rebuilding friends, professional contacts, and support systems. Studies show it takes 1-2 years to rebuild a social circle, with measurable wellbeing impacts.

Career Trajectory

A higher salary today may have a lower ceiling. Consider promotion velocity, industry growth, and skill development. At 3500%/yr growth, a €3500 salary becomes €211631616000 in 5 years.

Hidden Costs

New city = new commute, new car insurance, new healthcare providers, possibly new climate requiring wardrobe changes. Budget €1,000-3,000 in first-year setup costs.

These estimates are for informational purposes only and do not constitute financial advice. Actual results may vary based on factors not captured in this calculator.

How This Calculator Works

What this calculator does

This calculator compares two salaries by their real income — after taxes and after subtracting the local cost of living. A higher gross salary does not always mean more money in your pocket.

How the calculation works

We calculate net salary (salary × (1 - tax rate)), then subtract annual living costs. The difference is your real income — what you can actually save or spend.

Formula

Net = Salary × (1 - Tax Rate)
Real Income = Net - Living Cost
Annual Gain = New Real - Current Real

Example

Current: €55k, 25% tax, €24k living = €17,250 real. New: €70k, 30% tax, €32k living = €17,000 real. Despite €15k more salary, real income is €250 less.

How to Use This Calculator

  1. 1
    Enter your numbers

    Fill in the inputs for Salary Comparison Calculator. Defaults are realistic starting points — replace them with your actual figures.

  2. 2
    Understand the calculation

    We calculate net salary (salary × (1 - tax rate)), then subtract annual living costs. The difference is your real income — what you can actually save or spend.

  3. 3
    Review results and scenarios

    Check metrics, cost breakdown, comparison tables, and best / expected / worst scenarios. Use sliders to stress-test assumptions.

  4. 4
    Decide with the verdict

    Read the decision engine recommendation and FAQ. Example: Current: €55k, 25% tax, €24k living = €17,250 real. New: €70k, 30% tax, €32k living = €17,000 real. Despite €15k more salary, real income is €250 less.

Factors to Consider

  • Housing is usually the biggest cost of living difference
  • Tax brackets can cause a higher salary to yield less after-tax income
  • Relocation costs can offset years of salary gains
  • Career growth potential varies by location and industry
  • Quality of life factors (weather, culture, proximity to family) matter

Common Mistakes

  • Comparing gross salaries without adjusting for tax
  • Forgetting cost of living differences between cities/countries
  • Not accounting for relocation costs
  • Ignoring differences in benefits and job security

Frequently Asked Questions

What is real income?+

Real income is what you have left after taxes and essential living costs. It represents your actual spending and saving power.

How much more salary justifies moving to a more expensive city?+

Generally, your salary increase should exceed the cost of living increase by at least 10-15% to justify the disruption of moving.

This calculator provides estimates for informational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a qualified professional before making important financial decisions.

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