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20 cities that offer the highest wages

Last updated on: September 20, 2012 10:12 IST

20 cities that offer the highest wages

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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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Image: Cars drive past the flagship store of Freitag, built from used cargo containers, in Zurich.
Photographs: Arnd Wiegmann/Reuters.

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Geneva

Gross wage level: 123.6
Net wage level: 119.2

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Image: Geneva.
Photographs: Reuters.
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3. Copenhagen

Gross wage level: 123.1
Net wage level: 93.4

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Image: The pack of riders start the men's road race elite event at the UCI World cycling championships in front of the City Hall in Copenhagen.
Photographs: Denis Balibouse/Reuters.
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4. Oslo

Gross wage level: 119.1
Net wage level: 97.4

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Image: Oslo.
Photographs: VisitOSLO/Heidi Thon.
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5. Luxembourg

Gross wage level: 105.4  
Net wage level: 109.7

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Image: Luxembourg.
Photographs: Jerome Herr/Wikimedia Commons.
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6. New York

Gross wage level: 100
Net wage level: 100

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Image: People take part in a sunset yoga session as the Tribute in Light shines over the Brooklyn Bridge.
Photographs: Brendan McDermid/Reuters.
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7. Sydney

Gross wage level: 94.1
Net wage level: 98.0

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Image: Tourists take pictures in this long exposure photograph as the Sydney Opera House is lit with green lights during St Patrick's Day celebrations in central Sydney.
Photographs: Daniel Munoz/Reuters.
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8. Tokyo

Gross wage level: 92.4
Net wage level: 90.4

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Image: A tourist takes photos of a beluga whale with her mobile phone at the Hakkeijima Sea Paradise in Yokohama, south of Tokyo.
Photographs: Kimimasa Mayama/Reuters.
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9. Munich

Gross wage level: 91.5
Net wage level: 76.0

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Image: Two unidentified tourists enjoy the sun in the skiing resort of Garmisch Partenkirchen on top of Germany's highest mountain Zugspitze, about 60 kilometres south of Munich.
Photographs: Alexandra Winkler/Reuters.
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10. Frankfurt 

Gross wage level: 88.2
Net wage level: 78.1

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Image: People cross a road in front of the headquarters of private bank Metzler & Co in Frankfurt.
Photographs: Reuters.
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11. Los Angeles

Gross wage level: 86.3  
Net wage level: 80.9

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Image: Jasmine Dugas blow dries a dog after it was bathed at a PetSmart PetsHotel and Doggie Day Camp in Los Angeles.
Photographs: David McNew/Reuters.
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12. Chicago

Gross wage level: 83.3
Net wage level: 80.6 

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Image: The building housing the PFGBest headquarters is seen in Chicago.
Photographs: John Gress/Reuters.
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13. Stockholm

Gross wage level: 82.9
Net wage level: 78.1

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Image: A fisherman lifts his net from a canal next to Sweden's Riksdagshuset, or Parliament Building in Stockholm .
Photographs: Bob Strong/Reuters.
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14. Miami

Gross wage level: 81.8
Net wage level: 79.9 

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Image: People walk past the Icon Brickell condo, billionaire Jorge Perez's latest project, in downtown Miami, Florida.
Photographs: Carlos Barria/Reuters.
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15. Brussels

Gross wage level: 81.5
Net wage level: 59.5 

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Image: -A tightrope walker practises between two spheres of the Atomium monument in Brussels.
Photographs: Sebastien Pirlet/Reuters.
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16. Helsinki

Gross wage level: 80.2
Net wage level: 74.2

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Image: General view of Helsinki.
Photographs: Reuters.
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17. Vienna

Gross wage level: 80.2
Net wage level: 70.8

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Image: A police officer and a paramedic rope down the 252 metres (827 feet) high Donauturm tower, Austria's tallest building, during a joint exercise in Vienna.
Photographs: Heinz-Peter Bader/Reuters.
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18. London

Gross wage level: 79.5
Net wage level: 75.2

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Image: A Royal Jordanian airways jet arrives over the top of houses to land at Heathrow Airport in west London.
Photographs: Stefan Wermuth/Reuters.
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19. Berlin

Gross wage level: 79.2
Net wage level: 70.1

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Image: Heat haze flickers on the tarmac as a man performs a trick on his skateboard at Tempelhof park in Berlin.

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20. Amsterdam

Gross wage level: 78.3
Net wage level: 69.4



Image: Construction work continues on a hotel made to look like seventy Zaanse houses stacked together in the centre of Zaandam, north of Amsterdam.
Photographs: Toussaint Kluiters/United Photos/Reuters.
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