Is 60,000 Euros (gross) a good salary to live comfortably in Paris? TL;DR: But yes, it's a good salary to live in Paris. Let me elaborate: You're own your own, you make 60.000€ gross a year, you'll get 3.800€ net per month.
Otherwise, finding a position can be fairly difficult. Despite the fact that Paris is home to a wide range of businesses, and nearly 20 Fortune Global 500 companies are headquartered there, there can still be some hurdles finding a job in the stagnant French economy. For the determined, however, it's possible.
One can get a rough approximation of a cost living in Paris by looking at the minimum wage in Paris, called SMIC (le salaire minimum interprofessionnel de croissance). You need to earn more than SMIC, actually well more than SMIC, to enjoy what Paris has to offer.
Average Salary In ParisAs of 2019, the average net salary in Paris is of 2169 euros per month. That is the highest average salary for all of France.
One American Dollar currently exchanges at a rate of 0.7705 EUR.
While meal prices in Paris can vary, the average cost of food in Paris is €29 per day. Based on the spending habits of previous travelers, when dining out an average meal in Paris should cost around €12 per person. Breakfast prices are usually a little cheaper than lunch or dinner.
Finding a job in France, like in any foreign country, is not particularly easy. Thankfully, though, it's not impossible, despite what some would have you believe. Patience may just be the key to landing that dream job.
The Most In-Demand Jobs in FranceThe industries currently dominating the employment market are health and social care, wholesale and retail trade, and manufacturing. The most in-demand jobs are expected to be in construction, followed by the accommodation and food sector, and professional services.
Can foreigners buy property in France? Yes-- there are currently no restrictions on foreigners buying property in France, however you may find the process a bit more difficult as a foreigner. If you're working with a real estate agent the process is likely to be relatively straightforward regardless.
The process of renting an apartment in Paris is fairly simple with an agency. Basically, you make an appointment at the agency, go to meet with an agent and discuss what you're looking for. Then the agent will get back to you with a list of places that match your wants, and schedule visits.
Most trips to Paris end trouble-free. However, generally speaking, Paris is still quite safe to visit, at least for tourists. As a well-developed European city, there might be thefts here and there, but the living standard is still very high. Violent crime is pretty rare and most of it depends on the neighbourhood.
As one of the world's most visited cities, Paris is clearly popular with tourists, but the French capital makes a great place to live too.
For students looking to find a place in Paris you have many options living in a flatshare, student housing, or a normal apartment. You can find an apartment between 9m² to 20m² that will cost you approximately between 450€ to 800€ per month.
These 10 best neighbourhoods in Paris infuse their rich history with new energy, full of the savoir vivre for which Parisians are known.
- Montmartre.
- South Pigalle.
- Belleville-Menilmontant.
- Oberkampf.
- Canal Saint-Martin.
- Haut Marais.
- Montorgueil.
- Batignolles.
In Paris you may speak your native tongue at home, at work and with your friends, but if you don't speak French, you definitely need to speak English. However most will be able to muddle through the transaction with you in at least basic, and sometimes very good, English.
Please keep in mind that it is illegal to move to Paris on a short-term Schengen visa and then apply for a long-term visa after you have settled in the country. Expats looking to live and work in Paris will have to apply for a visa de long séjour (long-term visa).
“Paris has always been expensive. It's partly driven by high real estate prices that feed through to retail prices," he said. "It's just structurally expensive and the high wages also makes a difference." It's the same in places like Oslo where prices are also driven up by the very high salaries," Copestake added.
“Paris is definitely getting dirtier. It's filthy everywhere. The city needs an aggressive policy to make the streets cleaner and safer,” said Matthew Fraser, professor of communications at the American University of Paris, who has lived in the city for the best part of 30 years. “Paris thrives on its own moral chaos.
You can do quite well in NYC with 80k/year depending. If you're sharing an apartment you'll have a lot more buying power, but 80k won't put you in the lap of luxury. Me, I was making $60k when I left NYC, and lived much more modest.
I estimate that one week in Paris will cost approximately $2,150 per person. Paris is a great city filled with incredible sites and attractions and plenty to see and do.
Summary about cost of living in Paris, France: Family of four estimated monthly costs are 4,212$ (3,487€) without rent. A single person estimated monthly costs are 1,164$ (964€) without rent. Paris is 5.77% less expensive than New York (without rent).
It also means London is cheaper than New York for the first time in 15 years and it is currently 17 per cent less expensive than Paris.
1 Travel Costs Aren't As Expensive As ParisNice is not nearly as expensive as Paris, but it still offers you just as great of an experience.
Paris is about as clean as NYC (which is a lot cleaner than it used to be). And BTW I am and they are not talking about dirty air - a plague due to geography I understand - inversion caused by hills on each side. Certainly no dirtier than any large city in the US.
To live a comfortable and satisfying lifestyle in New York, even when you have roommates splitting the cost, a yearly income of $50,000 or more is ideal.
The average price of a 7-day trip to Paris is $1,450 for a solo traveler, $2,604 for a couple, and $4,882 for a family of 4.
Those wanting just a taste of France won't need a visa if the trip is for less than 90 days (unless you're a diplomat or a journalist). All you need is a passport that's valid for at least three months. But for any stays longer than three months it gets complicated.
Cost of Living in France
| Restaurants | Edit |
|---|
| Cappuccino (regular) | 2.82€ |
| Coke/Pepsi (12 oz small bottle) | 2.49€ |
| Water (12 oz small bottle) | 1.65€ |
| Markets | Edit |
There are no restrictions for foreign investors buying a house in France, even non-residents. All investors need is a French bank account and a valid ID. Besides your deposit, you can also expect to pay notaire's fees.
The average price for a coffee in Paris (on around 120 cafes) is 2.48 euros. The cheapest coffee in Paris costs 0.80 euros at T-Kawa (13th arrondissement). The most expensive coffee in Paris costs 12 euros at WINDO Skybar (17th arrondissement).
Here are 10 of the cheapest countries to live and work this year, according to meaningful travelers like YOU.
- Vietnam. For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream.
- Costa Rica.
- Bulgaria.
- Mexico.
- South Africa.
- China.
- South Korea.
- Thailand.
But the reality is that for some, their new French life can go from dream to nightmare. Whether it's a better work life balance, the food (and wine), the friendly locals, or the affordable healthcare, most who come to live in France have numerous reasons not to regret it.
Cost of Living in France vs USAAlmost everything you buy in France is more expensive than the USA. There are a few cheaper things such as bread or wine, but even those are similar in price. With great work life balance, the increased cost of living in France may pay itself off in the lifestyle compared to the US.
But for the most part, French people enjoy a good lifestyle. International Living says that during their large chunk of leisure time, the French enjoy visiting the country's many beaches and Alpine ski resorts.
