Is a Gross Income of 3200€ Enough to Live in The Hague or Rotterdam for One Person?

When considering a gross income of 3200€, it quickly becomes apparent that this amount, after taxes and necessary expenses, might fall short of what is required to live comfortably in cities like The Hague or Rotterdam in the Netherlands.

Tax Considerations

First, it's crucial to account for the significant tax burden. The tax alone amounts to 3693€, leaving you with just 2189€ after tax. This figure is significantly reduced, especially compared to the local median income, which typically hovers around 3000€ gross.

Health Insurance and Living Expenses

Health insurance in the Netherlands is mandated by law, and its cost is approximately 140€ per month. This is an essential expense that cannot be overlooked. Additionally, housing can be a substantial financial burden, especially in cities like The Hague or Rotterdam, where rental prices can fluctuate widely. Renting an apartment in either city can cost around 1200€ per month. This takes up a significant portion of your available income.

Other Necessary Expenses

In addition to rent, other recurring expenses such as gas, electricity, internet, and cable TV add up quickly. Let's estimate a combined cost of 800€ for these utilities. Then, we must consider the current economic climate, which means supermarket prices can easily increase to 500€ per month.

Calculation

Here's a simplified calculation to understand the potential shortfall:

2189 (post-tax income) - 140 (health insurance) - 1200 (rent) - 800 (utilities) - 500 (supermarket costs) -600

This calculation reveals a negative total, highlighting the insufficient nature of 3200€ gross income to sustain a basic lifestyle in The Hague or Rotterdam.

Considering Variability

It’s important to note that 3200€ is slightly above the median income around 3000€. However, the cost of living, particularly in terms of housing, presents a significant challenge. Housing costs can vary greatly depending on the circumstances. For instance, if you have to secure a more expensive accommodation, it might easily cost 1500€–2000€ per month.

On the other hand, if you are younger and are amenable to living with a roommate, you can find more affordable options and share expenses, potentially feeling more content with your financial situation.

Ultimately, while a gross income of 3200€ is a good starting point, it is not enough to cover all the essential expenses in The Hague or Rotterdam, especially when considering the current economic landscape and the high cost of living.