BTW, I think you'll find it difficult to find a fresh out of college job that pays you 38K€ in most of europe.
From what I see, you might get 2-2.5K€ per month in the rest of Europe. Ireland and UK are, AFAIK, where the highest salaries in IT are and even there you are going to get 2-3K€ per month at most.
Most lawyers I know in Europe start their careers earning minimum wage. And they do that for a few years until they are promoted to full lawyers or open their own practice.
Doctors usually spend their first years with temp contracts of 3-6 months in Hospitals for slightly more than minimum wage. This is after they finish their degrees and do the mandatory internships they need to do to get their MD degree.
Of course nothing like Bay area salaries, even though London is ridiculously expensive. Some Googling seems to indicate that the cost of living in SF is about 25% higher than London, so real earnings are quite a bit higher there for programmers it seems.