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While they're both more cost effective than the previous cities, the cost of living in Hamburg is still significantly higher than Cologne. Berlin, with our lowest median gross salary (€42,224 or €27,878 net of tax), has similar living costs to Hamburg. You can test out what your income would look like in each city using our German salary calculator.
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How to Use the Salary Calculator for Germany
The increased minimum wage also affects marginal employment — which are so-called "mini-jobs" with salaries unaffected by social security. For workers who are subject to social security contributions, "midi-jobs" have raised from €1,300 a month to €1,600. You can use your Genesis credit cardanywhere Mastercard is accepted. So, these cards can be used virtually anywhere credit cards are accepted, as Mastercard benefits from the most extensive worldwide acceptance, along with Visa credit cards. The Genesis credit card is for those who other credit card entities have declined.
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While knowing the average gross salary is useful, the figure can be skewed by high earners. The median gross salary gives a better indication of what people in Germany actually earn, since it sits at the 50th percentile. Moreover, location has a significant impact on wages, so let's examine what the median salaries look like in the largest German cities.
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The Genesis Credit website provides a username and password to log into your Genesis Credit Card account. If you choose to receive legal notices and statements electronically and then want a paper notice, call us at the number on the back of your card and we will mail it to you. Employees in Hamburg and Cologne can expect similar salaries (€46,800 for both, corresponding to a €30,356 net salary).
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