10 cities with the highest wages in the world

10 cities with the highest wages in the world

According to a study conducted by Deutsche Bank, the European city tops the list . Latin America is not on the list. Here’s the full list.

The job market has been transformed into a global village due to ubiquitous globalization, or at least anyone can compete for jobs around the world, and thanks to the Internet, which controls access to all resources, anyone can get offers from thousands of cities.

And while one of the motives that can motivate a person to look for a job abroad is salary, the Deutsche Bank research team has made the task much easier by ranking the cities with the highest average salaries.

The report showed which cities have the best average wages, based on data from the platform Numbeo (one of the largest databases of cities and countries in the world).

Copenhagen, Denmark

The Danish capital is the last of the ten with an average after-tax salary of 2,749.01 euros . The city stands out for the high prices of consumer goods, in a country with high taxes. For example, a can of Coca-Cola costs €2.88, a bottle of water €2.13 and a dozen eggs €3.32.

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Copenhagen, Denmark

Singapore

The average net wage in the city-state is 2,779.44 euros . It is one of the most expensive and comfortable cities in the world to live in. This is highlighted especially by cars with a strict licensing system that drives the price: a VW Golf can cost 73,727 euros.

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Singapore

Oslo, Norway.

The net average salary in this city is 2,893.83 euros , and the rent for a one-bedroom apartment in the center is 1,248 euros or 1,000 euros on the outskirts of the city.

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Oslo, Norway.

Melbourne, Australia

The average net wage is €2,966.76 , and living on the island-continent depends on imports at the expense of more expensive transportation. For example, the cost of a kilo of rice is 95% higher than in Barcelona (€1.81), water bottles are 200% higher (€1.71) and cigarette prices reach €16, 236% more expensive.

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Travelling in Norway. the city of Trondheim

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Melbourne, Australia

Sydney, Australia.

The breakthrough barrier is €3,000 per month , averaging €3,1771.17. And while basic services such as electricity, water, and garbage collection are not that expensive, the costs increase significantly in private preschool and school and housing, and prices are twice as high as in the Spanish capital.

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Sydney, Australia.

Chicago, U.S.

The city is home to 29,500 of America’s largest companies. Salary of 3,404.30 euros . Half goes to a downtown apartment and barely covers three rooms downtown, and that costs 3,000 euros a month.

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Chicago, U.S.

New York, USA

In the city of skyscrapers, the average net salary per month is 3,994 euros . Three-bedroom apartments are rented there for more than $5,000 and one room for $2,700. The city’s popularity as a financial center and the expensive price of renting land to build skyscrapers explain these prices.

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New York, USA

Boston, USA

Boston and its periphery are home to major pharmaceutical companies such as Abbott, Cisco, EMC and HP. In the city, the average wage will reach 4,008 euros . All real estate rents and the cost of consumer goods are not as high as in previous cases.

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Boston, USA

San Francisco, USA.

The county includes, among other things, Silicon Valley, a global technology hub. There are Apple, Google, Oracle, Ebay, Tesla, etc. Their presence explains the city’s high ranking. Wages paid in the area average €4,400 per month .

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San Francisco, USA.

Zurich, Switzerland

The Swiss city is considered the city with the best net average salary in the world. It is 5,285.89 euros . That’s how much the average monthly wage is paid.

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Zurich, Switzerland

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