Developer salaries in Europe are not the astronomic salaries you see in the US in the major cities. Probably the highest paying in Europe is London in the UK, and even then its still less than 50% of what developers in SF make at probably around 75k USD per year/6-7k USD per month in London.
Though rates probably depend on income so maybe the graph only gives a rough idea (e.g. top taxpayer rates probably higher in Europe and higher rates may kick in earlier in Europe.)
* https://ie.indeed.com/jobs?q=developer%20%E2%82%AC80%2C000&l...
* https://ie.indeed.com/jobs?q=developer%20%E2%82%AC80%2C000&l...
* https://ie.indeed.com/jobs?q=developer%20%E2%82%AC80%2C000&l...
Just the first three I found with a salary >= €80k attached to the job listing
And I'm not talking about having to hire in Romania or something (where you could save 4-8X or more). You could hire the top 5% of talent in expensive cities like London and still cut your payroll costs by 2-3X
Good wine is easy enough to find though, and the outdoor scenery is pretty.
I cannot wait until end of Covid and try and spend a large fraction of our weekends outside this place.
Agreed that restaurants and food are expensive. Selection is smaller than somewhere like London, but with a population 10x lower that's to be expected. Size-wise Zurich is more like Birmingham. If you take local cuisine differences into account I don't think it's that different.
Crime, taxes and pollution are also much lower. It really depends on your priorities.
Rental yields are capped in Switzerland, and in practice Zurich rents are not at the market clearing level - renting is actually a beauty contest between applicants. Great apartments are restricted by availability instead of rent level, but even considering that, the rent levels are higher than London, excluding central London - but I lived in London for 14 years, and I'd never really consider living centrally.
I'll reserve judgement on restaurants until post-Covid permits more eating out. I've ordered deliveries from about 20 different places (mostly Zurich, some Baden) and eaten out in three different places. I have a number of preliminary conclusions (Swiss don't know how to make a good burger, Indian restaurant portions are too large and too expensive, there are far too many pizza places and the highest rated ones have been very mediocre, and the most reliably good food has had a high cheese content, whether it's fondue or cordon bleu) but I'll pass deeper judgement later.
Good wine is easy to find though, and my house has a wine cellar.
It also sounds like you're still trying to eat the cuisine you were in London, and finding the (reliably) high quality food to be the local cuisine.
A few quick recommendations:
Pizza: Napulé (the sit down in Meilen, not the takeaway by Bellevue)
Indian: Kerala (real Indian food, not sweet British-style curry)
Hearty European: Wirtschaft zur Au
Eritrean: Mesob
American: Grain Bar & Restaurant
Turkish: Gül
European breakfast/brunch: Baboo's
Ice-cream: Gelati Tellhof
Enjoy!
Europe is not all one market price wise, with big differences internally. But you can certainly get a developer for €49k. You might have trouble retaining them, as based on salary surveys on the subreddit Irish developers it's like a 20th-30th percentile salary, and this developer has a track record of leading a successful customer facing web service, but not preposterous.
Some FAANGs understand this and have decided to hire more in Europe.