This is the average monthly salary including housing, transport, and other benefits. A good salary in Sweden depends on whether youre a family or a single person. Stockholms Lokaltrafik (Stockholm Public Transport) - Tickets + Prices for Travel By Metro, Busses Etc. Still, work-life balance isn't a one-size-fits-all measurement when it comes to different industries. As of 2023, in the hotel and restaurant industry, the minimum salary in Sweden is of 24339 SEK or 2400 USD. You can rent a good place and spend some money eating out and having fun in the city. It truly is a haven for social welfare and high living standards. Comparisons improve with every new data that you enter. Would you like to see how prices increased over time? Employees in Sweden are likely to observe a salary increase of approximately 8% every 16 months. Aware this has been asked before but I'd like a 2023 update. The average salary in Stockholm, Sweden is currently around 32.000 SEK after taxes (or roughly 3100 USD) as of 2023. 15% down payment is required. 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. Software Engineer salaries in Stockholm are above average.For this job type, Stockholm ranks 79th for salaries among 265 cities. Sweden is expensive and taxes are high but the benefits are very good. Any ball park estimate on rent for 1bedroom all the way up to 2bedroom? This is a. My challenge is that I only have no understanding of living cost and average salary for Stockholm. Stockholm is more expensive than any other city in Sweden, both in the cost of living and housing; hence, earning anything above $4,000 gross is considered a fair wage. Depending on what your long-term plans are, I'd suggest that you get a 2nd hand lease at first, make yourself familiar with the city and areas you'd like to live in and then buy an apartment once your probation period (if any) is over. Teaching at a post-secondary level offers a high salary, but it doesnt come easy. Assuming you live in Stockholm, your net pay will be approximately 2,932 EUR (30,747 SEK). If youre considering taking a job in Stockholm, you should estimate your future cost of living in this city and the area you want to live in. Check theaverage and minimum salary in Stockholm, Swedenand understand better the chances of building a career in this Nordic country. your money may go farther here for some things, but overall the cost of living is very high. Hence, the good annual salary for the average Swedish employee totals approximately 53,832 EUR gross and 39,588 EUR net. The average stamp duty in Stockholm is 1.5% 2%. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Average monthly salary:107,000 SEK (9,200/ $12,600). What difficulties can we expect when moving to Sweden? Listed above are the average annual increase rates for each industry in Sweden for the year 2022. I'm 36, married, no kids, and wife would be giving up her job but she was planning to go back to school or start having children so I guess that part works out. Uncheck "Betalar kyrkoskatt" as it is only for members of the Church of Sweden and use a Stockholm post number, such as 11762. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. 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. The price difference between an expats and a locals cost of living varies mainly because of accommodation. As many have said before, don't expect high salaries in engineering jobs in Sweden. Read about salaries in Stockholm. This button displays the currently selected search type. Their expertise is usually different from that of the core business operations. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Also for many key personnel roles, one can get a Tax relief, http://forskarskattenamnden.se/forskarskattenamnden/summaryinenglish/taxreliefforforeignkeypersonnel.4.383cc9f31134f01c98a800018147.html, Thank you very much! Hej Stockholm redditors - I currently live in USA and I've been interviewing for a job in Stockholm. The landlord can actually not cancel the lease unless you are being disruptive or destroying the apartment. Average rent range for an apartment in city of Stockholm. Whether you plan on moving to Sweden to embark on a well-paidcareer abroad, or you are merely interested in knowing which professionals make a killing, heres a list of the top 10 highest-paying jobs in Sweden. Siri rejected Subedi on the basis of formodning, which translates to "presumption" or "suspicion", meaning the case officer thought the salary he was being offered, which met the 448,000 kroner per year minimum for the Pay Limit Scheme, was unrealistically high based on the position in question and his qualifications.. 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. I lived 10 years back in Stockholm as a student. In fact, Sweden has been ranked as one of thebest countries to work in. What kind of jobs are available for expats in Ireland/Europe? There are also a couple of deductions you can make: "Rnteavdrag": You can make a deduction from your income tax if you have a loan with interest. You can feed in your presumptive pay here and see how much your take home pay would be. Stockholm has a broken housing market. 50k sek is a very low salary add 100k to that more like it. As most of the country remained intact during the conflict, Sweden had a great advantage to provide services and products to rebuild the continent. 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. Single person estimated monthly costs: 2,204. First of all - prices and society is pretty much structured around two working adults in a family. Living in comfortably in Stockholm varies from place to place. 2023 DeltaQuest Media Limited. 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. Earning around $4,395 (45,000 SEK) gross monthly salary in Stockholm is considered a good income. Employees receive 25 paid vacation days per year. 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). Of course, sufficient experience is required, alongside abachelors or masters qualification in marketingor business studies. 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. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. 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 All data are based on 972 salary surveys. explanation: Up to incomes of 430 200kr you only pay the "Kommunalskatt" which for Stockholm municipalities is roughly 30%. Typically renting a one-bedroom apartment will cost you approximately $1,521 per month in the city center, while a two and three-bedroom will cost $2,180 and $3,191, respectively. In most cases, a salary review is conducted once education is completed and the degree has been attained. When she isnt busy blogging, Angela is obsessively catching up with reality TV and listening to the latest music. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. If you want to rent a one-room apartment in the main parts of the city, Numbeo reports that the average rent in Stockholm is 14,611.62 SEK (just under $1,500) per month. Get in touch if you can provide useful info on your city or answer forum questions from new expats. Daycare is heavily subsided, good quality and very affordable (being a daycare teacher is actually a university level education here). This type of apartment is between 3.5-5Msek, depending on area (not very posh though). I grew up in Queens, lived all over the area. I mean they may seem to be high, but here the range of salaries is quite narrow. Average monthly salary:60,400 SEK (5,200/ $7,100). According to Statistics Swedes, the lowest salary for the highest-earning occupations in Sweden is 67,200 Swedish Krona. 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. Electricity is usually not. For instance, my research shows that teaching aides earn the least in the teaching profession at about 2,417 EUR a month. Education is free for your wife and childcare and health insurance as well. I'll be doing same role in Stockholm. However, the tax differs as each municipality has a different percentage. Other than vacation days, employees in Sweden enjoy 13 public holidays each year. So who gets paid more: men or women? You don't see this as a tax but this is a cost to the employer. I've been very fortunate and now entering into negotiation phase. Geographical location. How is this for a single person living there? 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. Heating, hot and cold water and the basic cable TV channels are usually included in rent. With a gross salary of 50,000 SEK (4,769 EUR), you will belong to the Swedish upper-middle class. Parking is 100 SEK/hour in Stockholm and its almost impossible to find parking, forget commuting to work with a car, its either the bus or subway unless you are a multi millionaire. I earn 43k sek per month and it's enoung for us to live. Best I could was find Project Manager which was very limited in available data it pulled from and didn't look like it was in development area nor account of years of experience. I'm happy of education system and I receive a child allowance (barnbidrag) tax free. Buying a house in Stockholm is reserved for the rich. Generally, a $4,000 - $4,395 gross monthly income in Stockholm is considered good for a single. That is especially the case in Stockholm and its housing market. The salary you need to live comfortably is significantly lower if you reside in a more affordable town like Uppsala and Malmo. Right now even 1 BR apartments go for 20-25k because there is a big shortage, so after paying for a small apartment you are only left with 14,000 SEK.