Living in Luxembourg (26 years old expat)

Dear Community,

I have just been offered a position at one of the EU Institutions in Luxembourg with annual net income of EUR 77 000. Is it enough to live on your own?

My past 5 years I was living in Southern European countries - Spain/Italy, which I really enjoyed. I am kind of afraid of Lux after all negative comments that I found around... Now I have a contract for additional 6 years in Northern Italy in a small village by the lake, which I really enjoy. I wouldn't change it, but the opportunity may give a possibility to get high position in short period of time and possibile move after 1/2 years to other location.

I would really appreciate, if you can share your experience and thoughts. Thanks!