What is a good salary in Sweden?
The average (2020) income in Sweden is in the neighborhood of SEK 35.000/month. For that reason 40.000+ should be considered quite good and 50.000+ excellent.
A family of four, living in the city center of Stockholm, Sweden's most expensive city, can comfortably live on a salary of about 23,000 SEK (2,400 USD) per month. For a single expat in the same city, a good salary would be 12,800 SEK (1,300 USD) monthly.
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. They depend on age and work experience. Food in Sweden is very expensive but is of really high quality at the same time.
Based on Statistics Sweden's (2018a) data on salary dispersion by sector, the lower threshold of the top 10% high-income group is a monthly wage of SEK 49,200 before tax. For women, this is SEK 45,000 and for men SEK 53,100, while the average monthly wage in 2018 was SEK 34,600 before tax (Statistics Sweden 2018a).
The average salary in Stockholm, Sweden is currently around 32.000 SEK after taxes. That is equivalent to slightly more than 3400 US dollars per month. 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.
The average IT salary of SEK 40,000 per month is enough to live in Sweden as this is above the average income in the country. The minimum expenses in Sweden are between SEK 18,000 and 25,000 per month depending on the size of your family and your spending.
In Sweden, though, you will have to negotiate your future salary from the very start. You will have to convince the interviewer that you are worth a specific sum. They will take the risk. But you are very unlikely to receive an annual raise of more than 3 percent, regardless of your performance.
An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
The short answer is that living costs are higher in sweden than in Germany. If you look at the income versus living cost ratio, you'll find that the average net salary is lower in sweden.
Doctor/Surgeons
Surgeons/Doctors are the highest-paid professionals in Sweden, and for a good reason. Working as a surgeon entails a high level of danger and a great deal of responsibility for the lives of others.
What is upper class in Sweden?
The upper class in Sweden today consists of the nobility and of wealthy bourgeoisie families that socially merged with them. Wealthy bourgeois families live in the same neighborhoods and have adopted similar behavior and identity as the nobility.
Summary about cost of living in Stockholm, Sweden: Family of four estimated monthly costs are 3,542$ (36,127kr) without rent. A single person estimated monthly costs are 952$ (9,711kr) without rent.
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).
In Sweden, what is the average rent for accommodation? Answer – The average rent in Sweden is 9,500 SEK.
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Example of a good salary in Sweden.
| Job | Min Salary (EUR) | Max Salary (EUR) |
|---|---|---|
| Professional Nurse | 3,606 | 4,067 |
| Child care worker | 2,292 | 2,369 |
Takeaway about Swedish salaries
To be frank, the only way of getting a substantial raise is to change jobs and to make sure you are paid adequately as you sign for your new position. Still, you can work strategically and long-term to get the salary you deserve.
Tax rates for individuals
Sweden's average local tax rate is 32.34 per cent. Earners above a certain income threshold set by the Tax Agency (link in Swedish) also pay 20 per cent state tax. The Swedish tax system includes a so-called basic deduction, a sum that is exempt from the taxable income.
Workers in Sweden enjoy relatively generous rights, especially when it comes to holiday. In fact, you actually get paid a bonus for not being at work.
How often should you ask for a raise? If you recently started a job, wait a minimum of six months to ask for a raise. Most employers are more likely to give you a raise if you have been with the company for at least a year or more. If you have been with the company for multiple years, then you can ask once a year.
Briefly share some quick reminders of your company's philosophy around compensation and compensation reviews. For example: “As you know, when we talk about compensation, we're referring to salary, benefits, stock options etc. It's easy to get bogged down by the number, so good to remember what's all included!”
Is 50000 SEK a good salary in Sweden?
Generally, 47,000 SEK or 4,486 EUR per month gross will be enough for a single person to live comfortably in Stockholm, Sweden's capital and the most expensive city in the Scandinavian country. The salary you need to live comfortably is significantly lower if you reside in a more affordable town like Uppsala and Malmo.
For each country, student salaries for part-time jobs can be: For Sweden, between 730 and 1000 EUR/month. For Denmark, between 800 and 960 EUR/month. For Finland, between 560 and 840 EUR/month.
In 2020, the average salary per month in the public sector was just short of 35,000 Swedish kronor, compared to over 36,500 in the private sector.
To many people's surprise there is no legal minimum wage in Sweden meaning that all salaries are based on the free market. Despite this, salaries in Sweden tend to be quite high compared to other European countries. The median salary in Sweden during 2020 was 32,400 SEK (approximately 3,500 USD or 3,100 EUR).
Doctor/Surgeons
Surgeons/Doctors are the highest-paid professionals in Sweden, and for a good reason. Working as a surgeon entails a high level of danger and a great deal of responsibility for the lives of others.
Summary about cost of living in Stockholm, Sweden: Family of four estimated monthly costs are 3,542$ (36,127kr) without rent. A single person estimated monthly costs are 952$ (9,711kr) without rent.
Takeaway about Swedish salaries
To be frank, the only way of getting a substantial raise is to change jobs and to make sure you are paid adequately as you sign for your new position. Still, you can work strategically and long-term to get the salary you deserve.
The average salary in Sweden for basic jobs in supermarkets, stores, restaurants, and many home service jobs range from 20,000 SEK and 30,000 SEK. The minimum per hour rate in Sweden is 125 SEK/hour.
| 0 - 2 Years | 12,600 SEK | |
|---|---|---|
| 2 - 5 Years | +34% | 16,800 SEK |
| 5 - 10 Years | +48% | 24,900 SEK |
| 10 - 15 Years | +22% | 30,300 SEK |
| 15 - 20 Years | +9% | 33,100 SEK |
What is average wage in Sweden? Average Wages in Sweden increased to 187 SEK/Hour (2931.523 USD/Month) in May 2022. The maximum rate of average wage for employees was 184 SEK/Hour and minimum was 134 SEK/Hour.
What is the average rent in Sweden?
In Sweden, what is the average rent for accommodation? Answer – The average rent in Sweden is 9,500 SEK.
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Cost of Living in Sweden – 2020.
| Activity | Vivek's Expenditure | Elise's Expenditure |
|---|---|---|
| Housing rent | 4500 sek | 5500 sek |
| Groceries and food | 800 sek | 1600 sek |
| Transportation | 610 sek | 50 sek |
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).
