Its a horrible city UNLESS you have rich parents (like many native Stockholmers do). Copyright 2016 Globe Media Ltd. All rights reserved. Living in Canada vs France: Where Should You Move To? Though gender should not have an effect on pay, in reality, it does. Data also shows that the average household spends up to 31% of total expenditure on food. When you mean 3500-6000 SEK/mo fee on top of loan. Certain cities are . Best cities to live in Sweden Stockholm Liveability 95 Cost of living $1868 Population 979K Gothenburg Liveability 92 Cost of living $1450 Population 608K Uppsala Liveability 92 Cost of living $1352 Population 167K Malmo Liveability 89 Cost of living $1350 Population 325K Lund Liveability 88 Cost of living $1223 Population 94.4K Vasteras Ideally close to Canary Wharf so that I can walk to work. Living within Stockholm could cost you the following expenses excluding rent in a month: A good salary is 45,000 SEK gross per month or 32,317 SEK net per month, which is around $4,395 or $3,112 net. Everything is relative and therefore if you have a Stockholm wage, things here are more agreeable. As an expat living in Stockholm for about half a year now, I tend to agree with the general sentiment in the comments: Stockholm is not expat-friendly in terms of cost of living. The average stamp duty in Stockholm is 1.5% 2%. Marketing directors have the responsibility of increasing revenue and generating business for the organisations they work for. Anything above that is payable as overtime. Sweden might not have the highest salaries in Europe, but theres a reason the country has one of the lowest poverty rates globally. Other than having sound judgement and excellent communication skills,becoming a lawyerin Sweden requires a high level of proficiency in Swedish. Typically, a one-bedroom apartment near the Stockholm city center will set you back 1,430 EUR, a two-bedroom approximately 2,050 EUR, and a 3 bedroom over 3,000 EUR. Women receive a salary of 651,315 SEK. Employees receive 25 paid vacation days per year. Still, even if you prefer to stay home, once in a while, youll want to eat out, go on a date, or meet friends at a local cafe. The average salary in Stockholm, Sweden is currently around 32.000 SEK after taxes (or roughly 3100 USD) as of 2023. Life cost is comparable to that I experienced in Germany, North Italy and South France, where I lived previously. I want to live in Sweden I have PR in Italy could someone help me to find job & living in Stockholm. Yet another high-paying job in the legal sphere is that of a judge. That is equivalent to slightly more than 3400 US dollars per month. Please try again later. Moving for a job in Italy isn't that common, given its relatively weak economic position compared to other EU countries. Pay a minimum monthly salary of 1,245 EUR before tax, Have been advertised for a minimum of 10 days in the EU/EEA, Must meet employment terms matching those set by the country or an occupation/industrys customary collective agreements. Hourly Wage = Annual Salary ( 52 x 5 x 8 ), 8 exciting careers for people who like to travel, 9 deadly resume mistakes that you must avoid, 10 annoying office habits we are all suffering from, 10 job hunting mistakes everyone is making, 25 salary increase request email templates with proven results. Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. Can I get help looking for an apartment or studio to rent in Sweden? Here are the current income taxes in the country (2022): That means higher-income individuals get taxed over 50%. The highest earner in this profession, a special needs teacher, typically makes approximately 3,942 EUR and takes home 2,998 EUR (31,438 SEK)after-tax if being exact. That is around 36,000 SEK after tax which is $3,526.51 monthly and $42,312 annually. During this period, you also get the following: Its what your employer pays you when youre on holiday. They also require a student pilot license (SPL) and private pilot license (PPL) to embark on this career. As in many countries, being among the highest earners in a country will afford you an upper-middle class lifestyle. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. A person working in Stockholm typically earns around 49,200 SEK per month. Sweden is expensive and taxes are high but the benefits are very good. Nonetheless, Italy is the second largest manufacturing country in Europe. For rent, you could be paying anywhere between 7,000 and 18,000 SEK each month for a one bedroom apartment. not if you have 10 years experience in your field. Those who got bonuses reported rates ranging from 3% to 5% of their annual salary. don't expect to even be able to find a place to rent long term within the city limits. Rents are generally costlier in major cities such as Stockholm. After obtaining a BA in Media and Communications, she decided to launch her own showbiz-themed website TellTalesOnline.com. At minimum 60 sqm. Where can you get paid more, working for a private company or for the government? By filling in a form, youll get up to 5 quotes from recommended movers. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Single person estimated monthly costs: 2,204. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. Its high living standards, free education, generous vacation time, and extremely affordable healthcare makes it a big hit among immigrants looking to move and work abroad. Summary of cost of living in Milan. According to Swedish statistics, in 2019, the median annual earned income in Stockholm was 342,100 SEK for women and 387,700 SEK for men. During 2 weeks I spent in Stockholm, I personally liked Norrmalm because it felt quieter district, more affordable, and close enough to lot of things. A person working in Stockholm typically earns around 49,200 SEK per month. The average local tax in Sweden is 32.34%. A $75k salary is considered a good salary to live comfortably. In places like Uppsala, you can find a 2-bedroom apartment with electricity and internet for less than the cost of a 1-bedroom apartment in Stockholm. Below is data showing how you can get around in Sweden and how much it will cost you. Heres the average salary for different jobs in Stockholm: Some of the highest-paid people in Stockholm are: Here are some of the best-paid jobs in Stockholm and average monthly salaries in 2022: Stockholm is home to several large companies in Sweden, especially tech startups and telecommunication conglomerates. The average salary needed to live comfortably across the 25 largest U.S. metro areas is $57,013. Heating, hot and cold water and the basic cable TV channels are usually included in rent. Don't recall much about Kungsholmen and Vasastan. 2. According to Swedish labor laws, every employee is entitled to 25 vacation days each year. A top-tier salary starts at 60,000 SEK (5,722 EUR) per month. The Pay Limit scheme allows work permits to be granted to . As of 2023, in the hotel and restaurant industry, the minimum salary in Sweden is of 24339 SEK or 2400 USD. This is the average monthly salary including housing, transport, and other benefits. Just like some other highly developed European nations, Sweden does not have an official minimum salary. However, before relocating to Stockholm, you should have an idea of the salary to expect and what it can afford. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Top 10 coolest jobs that you can actually have! Since this is the most expensive city in Sweden, you can be assured of a decent life with lower salaries, especially in rural areas. We explain how to do it. It is important to stress on the fact that, despite the average salary in Sweden to be very attractive, the cost of living is also high. Average salary in Stockholm is 751,036 SEK per year. I mean they may seem to be high, but here the range of salaries is quite narrow. Although only about 22% of Canadians are French-speaking, the majority of French people Expatrist provides up-to-date helpful information for expats moving or living in Europe and beyond. By its very nature much of the information in this travel guide is subject to change at short notice and travellers are urged to verify information on which theyre relying with the relevant authorities. The pay varies a lot depending on wether you are an "administrative assistant" project leader or "manager with pay-setting role for several employees" project leader or "senior developer turned project lead" project leader. The most typical earning is 600,728 SEK. Not a good city for those who are not already established. However, the existence of trade unions that bargain on behalf of employees makes the system work better than many government-based minimum wages. For a single expat in the same city, a good salary would be 12,800 SEK (1,300 USD) monthly. I just thought I would give you some info on how the tax system works: Det r ingen statlig inkomstskatt p beskattningsbar frvrvsinkomst upp till 430 200 kr. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 Increase Frequency. Public transport is good but expensive, but paying for parking is even worse. What is the average cost of living in Stockholm per month? I recommend thoroughly researching your options on property portals and, if you're still struggling, it may be worth asking a rental agency for help. Are you thinking of living and working in Stockholm? According to Statistics Swedes, the lowest salary for the highest-earning occupations in Sweden is 67,200 Swedish Krona. Create an account to follow your favorite communities and start taking part in conversations. With a high responsibility job with an equal amount of risk, bank managers are accountable for the operations of bank branches, including customer service, financial objectives, distribution, sales and the training of bank personnel. So, given the high and low in the teaching profession, having a salary of 3,179 EUR and above would mean you have a good salary for a teacher in Sweden. The answer to this question largely depends on one's definition of being "rich". Card payments collected by DeltaQuest Media Limited, company no. It is usually 2 000-8 000 SEK for an apartment like the one you described. When I was living alone back in 2018 to 2019, I can go as low as 8.000 SEK per month without rent. Some basic references: 1 beer = c.60 SEK / $7 What is a good salary to survive in us? Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers. What difficulties can we expect when moving to Sweden? Pilots train in flight schools, embark on aviation-related college degree programmes, airline cadet pilot programmes, or join the Swedish Air Force. Edit3 Wife found this [youtube short movie] (https://www.youtube.com/watch?v=BL-3QvC6bq4) and now she is laughing/slightly freaking out about finding job in SWE since she would need to find a job. Sweden is a haven for social welfare. Put simply, judges determine peoples fates. A good salary for singles and couples is to earn double their monthly expenses while saving 20% of their income. Salaries range from 12,400 SEK (lowest average) to 220,000 SEK (highest average, actual maximum salary is higher). Generally, a range of $2,942 $4,413 in net salary is pretty good for Stockholm. If you are working on IT, your careers perspectives are pretty good in Sweden (regardless of your nationality). Privacy Policy. The goal of sustainable development is to create a balance between the three pillars of sustainability: economic, social, and environmental. These types of bonuses are given without a reason and usually resemble an appreciation token. So: -430 200kr = 30% tax. Additionally, the job must meet the following requirements: On the other hand, if youre not an EU citizen and want to be a permanent resident of Sweden, you must have been living in the country continuously for at least 5 years. Note that in Sweden you do not buy the apartment - you buy the right to live in it, and to become a member of the HOA style union that maintains the buildings and handles collective utilities. However, to give you a clearer picture of what you would take home as net income, its essential that you understand the Swedish tax system. Senior developers can get a LOT of money. Low skilled workers have much less chances to land a job. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. 1300 euros/month plus bills for a mini flat like shoe box, and average salary 2400 euros/month, lol no thanks. Assuming you live in sterker, which has the least tax in Sweden, and you earn the average pay above, your average monthly net salary after tax would be 2,623 EUR (27,504 SEK). Though wages above the average could be seen as a good salary, there are no hard and fast rules regarding how to determine a good salary since there are many external factors involved. According to my research, you should be able to live comfortably on that salary, even if you are sending money home each month. Average monthly salary:141,000 SEK (12,200/ $16,700). A good salary in Sweden will depend on whether youre single or a family typically, families need a higher income to live comfortably. For more context, I do have some financial responsibilities back home so I'll have to spend some money which will set me back around SEK 3,000. Finding an apartment in Stockholm can be at times harder than landing a job, as the capital currently faces a strong residential deficit. That is equivalent to slightly more than 3400 US dollars per month. When she isnt busy blogging, Angela is obsessively catching up with reality TV and listening to the latest music. Overall score: 3.0. If you have a family, youll afford an even better lifestyle if your partner makes approximately the same amount. Stockholm has a lot to offer and is known for high price tags. Is Gothenburg will be safe? I'd like to be able to save 500/600 (ideally more) a month and I'm comfortable sharing a flat with 1-2 people. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Stockholm. Additionally, you must prove that you had a full-time job during the whole 5-year duration and could comfortably support your family and yourself. The salary you've mentioned is above the average salary for a single person living in Stockholm and you should therefore be able to live a decent quality of life in the city. Would you like to see how prices increased over time? Stockholm is a great city to live in, and unlike other countries, Sweden doesnt have a minimum wage for workers. There are places and items here that are still, in my opinion, overpriced, but it is what it is. Sweden is one of the most popular European destinations for expats. The Swedish tax system deducts a local levy on employees annual incomes. Let us know in the comment section below. Even on the lower end, you can easily afford a one-bedroom apartment within the city center which costs about $1,250 per month.