It's called PPP and yes, it makes Europe look sightly better but it's still behind the US and that's for median household income not tech income.
I've managed staff all over the US and in Europe and have had access to large corporate pay scales across zones. The difference is so significant that CoL is a total rounding error for software developers.
I've managed staff all over the US and in Europe and have had access to large corporate pay scales across zones. The difference is so significant that CoL is a total rounding error for software developers.