Archive for cost of living

cost(s) of living

Posted in Kids, pictures, Travel, University life with tags , , , , , , , on March 4, 2021 by xi'an

Yesterday, Andrew posted an announcement for a postdoc position in Paris, at the national medical research institute (INSERM) on Bayesian approaches to high throughput genetic analyses using nonlinear mixed effect models and the comments went ballistic about the low salary attached to this postdoctoral position, namely 2600€ – 3000€. As I have already commented on the rather stale clichés on French academics, let me briefly reflect on the limitations of comparing 3000€ a month in Paris with say $5000 a month in New York City. (Which seems to be at the high end of US postdoc salaries.) First, the posted salaries are “gross” but the French one already excludes the 25% taxes paid by the employer. I do not know if this is the case in the US. Second, comparing absolute values makes little sense imho. Even if the purchasing power parity is about one between France and the US, I think the long term cost of living [as opposed to visiting for a week] is lower here than there. If only because the amount is similar to, if higher than, the starting academic salaries and around the median salary. Interestingly, the same appears to be true for the US, if less favourably for the postdocs there.

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