What is the average monthly income in Sweden?

Sweden is one of a handful of countries in Europe that does not have a set minimum wage. However, do not let this dissuade you. The average salary in Sweden is around 46,000 SEK (4,700 USD) monthly. The minimum salary is around 6,400 SEK (660 USD) per month, and the maximum is 210,300 SEK (21,600 USD).

What is Sweden’s average income?

The wages and other monetary benefits that come with employment are an important aspect of job quality. Swedish people earn USD 42 393 per year on average, slightly less than the OECD average USD 43 241.

What is the minimum wage in Sweden?

Because Sweden does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Sweden. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.

How much is a house in Sweden?

House Prices in Sweden

The average price to buy across Sweden is around 53,500 SEK per m² (5,200 USD). The average price to buy a home in Stockholm, Sweden’s most expensive city, is around 74,900 SEK per m² (8,600 USD).

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What is Sweden’s minimum wage in 2021?

Average Wages in Sweden increased to 183 SEK/Hour (3405.099 USD/Month) in April 2021. The maximum rate of average wage for employees was 184 SEK/Hour and minimum was 134 SEK/Hour.

How much is rent in Sweden?

Accommodation

Short-term Price per night
Long-term Rent per month
One-bedroom apartment (city centre) 9000–12,000 SEK
One-bedroom apartment (suburbs) 7000–10,000 SEK
Student dorm/apartment 3000–6500 SEK

Is it expensive to live in Sweden?

Is it expensive to live in Sweden? Every day expenses fluctuate depending on where you live, but overall the average cost of living in Sweden is high. The bulk of this high cost is due to rent prices, which climb by about 1% each year. … Housing in Sweden has become so fierce that there are first and second-hand rentals.

Is healthcare free in Sweden?

Healthcare in Sweden is not free, but it is also not expensive. In fact, when compared with other European countries, Swedish healthcare costs are quite reasonable. Visits for basic healthcare typically cost between 110 to 220 SEK (10–20 USD) depending on your county.

Does Sweden have welfare?

Social welfare in Sweden is made up of several organizations and systems dealing with welfare. It is mostly funded by taxes, and executed by the public sector on all levels of government as well as private organizations. … Social welfare is the responsibility of the Ministry of Health and Social Affairs.

Is Sweden more expensive than the US?

If a city has a an index of 120, it means Numbeo estimates it is 20% more expensive than New York (excluding rent).

Definitions.

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STAT Sweden United States
Consumer price index > Excluding rent 102.42 Ranked 14th. 33% more than United States 76.81 Ranked 33th.

How much money do I need to retire in Sweden?

To live cheaply, you can get by on a monthly budget of 8,000kr (about 850 euro or 1,000 dollars). On this budget, you’ll still be able to pursue leisure activities and take the odd holiday. If your pension or modest salary allows you to have a higher budget than 8,000kr per month, you can expect to live well in Sweden.

What is a decent salary in Stockholm?

Salary rankings by profession

Job type Median salary (USD) Salary ranking compared to all cities
Software Engineer $57,464 79/265
QA Engineer $57,324 48/265
IT Manager $55,600 115/265
Project Manager $55,487 88/265

Is Sweden a good place to live?

Sweden is a wonderful place to live with its kind people, excellent public services and corporate culture that encourages people to have a good work-life balance. It is no surprise that many people decide to move to Scandinavia’s largest country to enjoy all of the things that Sweden has to offer.

How good is Sweden’s healthcare system?

Swedish healthcare is largely tax-funded. And the overall quality is high. The Swedish health system performs well in general, life expectancy in the country is high and the general health among the population is good.