Yes wages are higher and we don't have to pay as much taxes as f.e. @Zacheryah. But in the end of the month there's not much left, due to the expensive rents, food and everything.
And for 1450€ you may get a 80-90m² 3 room in provincial towns or in the suburbs.
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You'd prefer the more expensive Banker area, or the suburbs, or the HalliGalli redlight area, or the area of families and old aged people, or the industrial area?