Is EUR 70,000 Per Year a Decent Salary for a Couple in Brussels, Belgium?

A gross salary of EUR 70,000 per annum for a couple living in Brussels can be considered a decent salary, although the perception of cost of living in Brussels plays an important role. This article delves into the complexities of determining whether this salary suffices for a comfortable life in Brussels.

Cost of Living in Brussels

Understanding the cost of living is crucial when assessing whether a salary of EUR 70,000 per year is sufficient for a couple in Brussels. The cost of living can significantly impact day-to-day expenses and quality of life.

Housing: Rent varies widely depending on location. In the city center, a one-bedroom apartment can cost between EUR 1,200 and EUR 1,800 per month, while outside the center, it might range from EUR 800 to EUR 1,200. Note that the actual cost could be higher, especially in prime locations.

Utilities: Utility expenses generally range from EUR 150 to EUR 250 per month, covering electricity, heating, cooling, water, and garbage disposal. Newly renovated homes can potentially reduce these costs.

Groceries: Monthly grocery expenses for a couple can range from EUR 300 to EUR 600, depending on dietary preferences. Local markets and supermarkets offer competitive prices for fresh produce and other essentials.

Transportation: Public transport is efficient, with monthly passes costing around EUR 50 to EUR 60 per person. For couples, this can average around EUR 120 to EUR 180 per month. Driving can be more expensive, with car expenses potentially ranging from EUR 300 to EUR 500 per month, depending on car type and maintenance costs.

Health Insurance: Basic health insurance is mandatory and may cost around EUR 100 to EUR 200 per month for a couple. Additional coverage can increase these costs.

Net Salary Calculation

To estimate the net salary from a gross salary of EUR 70,000 in Belgium, it is essential to account for income tax and social security contributions. Belgium has a progressive tax system, and the average effective tax rate can range from 30% to 50%, depending on various factors, including deductions and specific situations.

Approximate Calculation

Item Amount Gross Salary EUR 70,000 Contribution to Social Security About 13% of gross salary Contribution Amount EUR 70,000 x 0.13 ≈ EUR 9,149 Net of Social Security EUR 70,000 - EUR 9,149 ≈ EUR 60,851 Income Tax (Estimated Average) About 35% of taxable income Estimated Tax Amount EUR 60,851 x 0.35 ≈ EUR 21,298 Net Salary EUR 70,000 - EUR 9,149 - EUR 21,298 ≈ EUR 39,553

Monthly Net Salary: EUR 39,553 / 12 ≈ EUR 3,296

Conclusion

Living in Brussels with a net monthly income of around EUR 3,296 can provide a comfortable lifestyle for a couple. This amount should allow for reasonable housing, utilities, groceries, and leisure activities. However, budgeting based on personal preferences and lifestyle choices is essential for a smooth financial experience.

Overall Assessment: While not luxurious, a gross salary of EUR 70,000 per year should allow for a decent standard of living, provided that expenses are managed wisely. Couples living in Brussels may need to prioritize their spending and find cost-effective ways to manage their budget.