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20 cities that offer the highest wages
Swiss cities top the list of the highest paying cities. This highlights the fact that people in Western European cities on average earn four times more than their peers in Eastern Europe, states a UBS study on price and earnings.
Their dominance is compounded by the fact that, in Switzerland, deductions from salary are relatively low, which further widens the gap between Net wage level earned there and in other countries, especially in the rest of Western Europe.
The largest wage differences are in Asia, where the highest value (Tokyo) is twelve times higher than the lowest (Delhi).
Gross wage level are closest together in the more homogenous region of North America, with wage levels in New York just 1.3 times higher than Montreal, says the UBS study.
Net wage level is a good indicator of the budget that employees have available to spend.
Find out the cities that offer the highest wages...
Zurich
Gross wage level level: 131.1
Net wage level: 132.4
Effective hourly wages for 15 professions, weighted according to distribution; net after deductions of taxes and social security contributions. (Listed according to gross value of the index, New York wage level =100)
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20 cities that offer the highest wages
Geneva
Gross wage level: 123.6
Net wage level: 119.2
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20 cities that offer the highest wages
3. Copenhagen
Gross wage level: 123.1
Net wage level: 93.4
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20 cities that offer the highest wages
4. Oslo
Gross wage level: 119.1
Net wage level: 97.4
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20 cities that offer the highest wages
5. Luxembourg
Gross wage level: 105.4
Net wage level: 109.7
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20 cities that offer the highest wages
6. New York
Gross wage level: 100
Net wage level: 100
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20 cities that offer the highest wages
7. Sydney
Gross wage level: 94.1
Net wage level: 98.0
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20 cities that offer the highest wages
8. Tokyo
Gross wage level: 92.4
Net wage level: 90.4
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20 cities that offer the highest wages
9. Munich
Gross wage level: 91.5
Net wage level: 76.0
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20 cities that offer the highest wages
10. Frankfurt
Gross wage level: 88.2
Net wage level: 78.1
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20 cities that offer the highest wages
11. Los Angeles
Gross wage level: 86.3
Net wage level: 80.9
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20 cities that offer the highest wages
12. Chicago
Gross wage level: 83.3
Net wage level: 80.6
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20 cities that offer the highest wages
13. Stockholm
Gross wage level: 82.9
Net wage level: 78.1
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20 cities that offer the highest wages
14. Miami
Gross wage level: 81.8
Net wage level: 79.9
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20 cities that offer the highest wages
15. Brussels
Gross wage level: 81.5
Net wage level: 59.5
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20 cities that offer the highest wages
16. Helsinki
Gross wage level: 80.2
Net wage level: 74.2
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20 cities that offer the highest wages
17. Vienna
Gross wage level: 80.2
Net wage level: 70.8
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20 cities that offer the highest wages
18. London
Gross wage level: 79.5
Net wage level: 75.2
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20 cities that offer the highest wages
19. Berlin
Gross wage level: 79.2
Net wage level: 70.1
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20 cities that offer the highest wages
20. Amsterdam
Gross wage level: 78.3
Net wage level: 69.4