economie

A Gen Xer quit a $110,000 salary job in DC for one in Germany that pays less than half. He says he’s more financially stable and happier now.

Kobi Smith, 52, has lived in Nuremberg, Germany since 2021.He said he enjoys the lifestyle and it’s more affordable than Washington, DC.

Additionally, he said groceries are about half the price of what he was paying in the US.

Smith said the biggest comparison between the German and US economies has been the day-to-day cost of living. He has no regrets and would encourage other Americans who are frustrated with their careers to consider moving abroad.

“If you’re making $50,000 in DC, you are not living comfortably, you’re struggling,” Smith said. “But here, making $50,000 over the past three years, I can promise you, I’m very comfortable. My bills are paid, and I have money left over.”

Are you an American who moved abroad and plans to retire there? This reporter wants to hear your story. Please reach out at jtowfighi@businessinsider.com

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https://www.businessinsider.com/gen-xer-germany-less-income-but-better-life-than-us-2024-9