Sweden

Average Incomes


Average Incomes in Sweden

Are you considering moving to Sweden, and more specifically to its capital? Check the average and minimum salary in Stockholm, Sweden and understand better the chances of building a career in this Nordic country.

Sweden is known for its high living standards and organized society. Its capital is also the hub for major companies in different sectors like tech start-ups, finance and telecommunications conglomerates.

Minimum Salary in Stockholm, Sweden

Just like some other highly developed European nations, Sweden does not have an official minimum salary. Minimum salaries are generally negotiated through workers’ unions.

As a reference, the salary for a McDondald’s cashier is hovering around 101 to 110 Swedish Krona, or roughly 13.56 USD per hour.

Average Salary in Stockholm, Sweden

The average salary in Stockholm, Sweden is currently around 22.000 SEK after taxes. That is equivalent to slightly more than 2.500 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. That is especially the case in Stockholm and its housing market. Finding an apartment in Stockholm can be at times harder than landing a job, as the capital currently faces a strong residential deficit.

Sweden Economic Outlook

Sweden has been one of the most developed countries in Europe since the end of the Second World War. As most of the country remained intact during the conflict, Sweden had a great advantage to provide services and products to rebuild the continent.

oday Sweden is a highly developed complex economy, and this does reflect in its job market.  Sweden’s economy focuses in export market, with Germany and United Kingdom being the top destinations for Swedish products.

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