Frequent question: What is a good yearly salary in Sweden?

Working overtime is not commonplace in Swedish culture, nor is it looked upon favorably. The average salary in Sweden is fairly high: 26,000 SEK per month (2,600 USD). However, keep in mind that this takes into account Sweden’s high cost of living. Expats can expect to spend nearly 30% of their income on rent alone.

How much does the average person make a year in Sweden?

The average salary in Sweden is 32,800 SEK (3,400 EUR), which makes 25,355 SEK (2,650 EUR) after taxes. The salaries in the IT sector range from 35 000 SEK to 55 000 SEK.

What is a liveable wage in Sweden?

Living Wage Individual in Sweden averaged 11675 SEK/Month from 2015 until 2018, reaching an all time high of 12300 SEK/Month in 2018 and a record low of 11400 SEK/Month in 2016.

What is Sweden’s minimum wage?

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.

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Is living in Sweden worth it?

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 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).

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.

Is Sweden expensive?

On a global scale, Sweden isn’t even in the top 10 most expensive countries. Most surveys rank the overall cost of living below that of the UK, Australia and New Zealand. Americans may find Sweden considerably more expensive than it is at home, however.

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

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

How many hours work in Sweden?

Normal working hours in Sweden are 40 hours a week with an upper limit of 48 hours. Obviously, there is no limit for managers who sometimes have to work at home.

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Is Canada more expensive than Sweden?

Cost of living in Sweden is about the same as in Canada.

Is living in Sweden depressing?

Sweden’s youth are at the highest risk of depression in Europe, according to a study by Eurofound. … “Sweden is one of the best places you can live! A significant number of people are not thriving, but it’s still one of the countries in the world where most people are happy.” Happiness is relative though.

Should I move to Norway or Sweden?

Norway is better in integration of refugees and other immigrants in a general view, but has a lower share of working people compared to Sweden, even if the unemployment rate is close to the rate in Sweden. The unemployment rate is low in welfare countries anyway.