The location factor for Azerbaijan is 0.86, based on national living costs.
This means a ₼57,477 per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to ₼66,673.
It would be ₼7,825 based on market rates, ₼9,077 with taxes paid in Germany.
You can also start a calculation based on Azerbaijan.
|Chosen Factor||0.86 1.00*|
|Market Rates||0.12 0.14*|
|Consumer Price Index||0.78 0.90*|
|Rent Index*||1.12 1.30*|
|Consumer Price Plus Rent Index||0.86 1.00*|
|Groceries Index||0.77 0.90*|
|Restaurant Price Index*||0.89 1.04*|
|Local Purchasing Power Index*||0.26 0.30*|
|Buffer Location Bracket*||C|
|Currency||Azerbaijan New Manat (AZN)|
|Income Tax*||14% to 25%|
Locations in Azerbaijan
|Baku||0.88 1.02*||Living Costs|