European Wage Growth Slows at End of 2023: Bulgaria Outpaces EU Average
Data released by Eurostat reveals a notable deceleration in wage growth across the European Union (EU) and the eurozone during the final quarter of 2023
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Every May, Deutsche Bank publishes its annual report on the prices of goods and services in the world's largest cities. To determine the cost of staying in one place or another, the bank considers a number of factors like the value of a pack of cigarettes to rents for housing.
One of the most important aspects of the study, however, is the average wage taken without taxation. It is a key indicator of the well-being of a city.
It is hardly surprising that in settlements where the price of goods and services is higher, wages are also higher. It is primarily about developed Western economies.
Here are the 13 cities with the highest average wages in 2018. The salaries are in dollars.
13. Singapore - $ 3099.
12. Melbourne, Australia - $ 3263.
11. London, United Kingdom - $ 3381.
10. Frankfurt, Germany - $ 3389.
9. Dubai, UAE - $ 3447.
Photo: forbesmiddleeast.com
8. Copenhagen, Denmark - $ 3462.
7. Chicago, USA - $ 3650.
6. Oslo, Norway - 3664.
Photo:Visit Norway
5. Boston, USA - $ 3740.
4. Sydney, Australia - $ 3914.
3. New York, USA - $ 4115.
Photo:Greentech Media
2. San Francisco, USA - $ 4974.
1. Zurich, Switzerland - $ 5764.
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