Things are way cheaper than I thought, considering the salaries. As a Python entry-level developer who has to be pampered I make around 5000 Euro net-salary at a no-name SMB. I could make 10%-15% more at a bank doing Java.
The bottom-line is that I can save 4000,- Euro each month, because I spend only 1000 Euro on accommodation and food. In only one year, I will be able to buy a two-room apartment in a German town (where I like to hangout on weekends), without taking a mortgage...