Quick Answer: What Is Sweden’S Minimum Wage?

How much taxes are paid in Sweden?

Sweden’s top personal tax rate of 57.1 percent applies to all income over 1.5 times the average national income.

In comparison, the United States levies its top personal income tax rate of 43.7 percent (federal and state combined) at 9.3 times the average U.S.

income (around $500,000)..

How much do Swedish students earn?

Student Jobs in Sweden Students should be very active and alert as jobs in Sweden are very competitive. 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.

What does mcdonalds pay in Sweden?

The minimum pay for an 18yr old is about 111 SEK/h = $16,65/h. During office hours.

What is the highest paying job in Sweden?

These Are The Best Paying Jobs in SwedenPhysicians. … Government Executives. … Managing Directors/ CEO’s. … CFO’s. … Bank, Finance and Insurance Executives (level II) … Research and R&D Executives. Average monthly salary: 69 800 (= $8,000)Head of clinics and operations – Healthcare. Average monthly salary: 68 400 SEK (= $7,850)IT Executives.More items…•

What is the hourly wage in Sweden?

The average hourly wage (pay per hour) in Sweden is 260 SEK. This means that the average person in Sweden earns approximately 260 SEK for every worked hour.

Is it easy to find a job in Sweden?

Sweden is a great place to work and comes with a heap of benefits that you don’t get in many other countries. But getting started is hard. There are English speaking jobs here, but they are few and far between, and competition is fierce. … Some jobs like bars and restaurants won’t help out, so take this into account.

How can I permanently move to Sweden?

How to move to Sweden and become a Swedish citizenBe at least 18 years old — unless you know someone. … Be able to prove your identity. … Have a permanent residence in Sweden. … Spend five years at that permanent residence. … Be on your best behavior. … Learn Swedish (even if you don’t technically have to). … Prepare for lots of coffee.More items…•

How cold does it get in Sweden?

Sweden’s many lakes and the gulfs of Bothnia give Sweden generally a relatively mild climate. July temperatures in Sweden average 13 to 17°C. February is usually Sweden’s coldest month, with temperatures from – 22 to -3°C. In northern Sweden, winter temperatures often drop to -30°C, sometimes even lower.

Which country has the lowest salary?

Top 20 countries with the lowest wagesCuba. 30.21 USD.Mauritania. 68.23 USD.Congo. 102.83 USD.Tajikistan. 105.45 USD.Ethiopia. 155.00 USD.Senegal. 161.49 USD.Uzbekistan. 196.96 USD.Bangladesh. 210.91 USD.More items…

What country has the highest average salary?

MonacoAverage income around the worldRankCountryAvg. income per year1Monaco186,080 $2Liechtenstein116,430 $3Bermuda106,140 $4Switzerland85,500 $74 more rows

What is the minimum wage in Sweden 2020?

Sweden Minimum Wage Rate 2020 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.

What is good salary Sweden?

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.

Can you get rich in Sweden?

As of December 2017, the country is home to 184 billionaires (measured in Swedish kronor), an increase of eight from the previous year and more than four times as many as 20 years ago. They own a combined wealth of 2,140 billion kronor, or around half of the country’s GDP.

Is Sweden expensive to live in?

Cost of Living. 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.

How many hours work in Sweden?

40 hoursNormal 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.

Does Sweden have a minimum wage?

Key Takeaways. Most developed countries with no legal minimum wage still have wage minimums set by industry through collective bargaining contracts. Some such countries with no legal minimum wages but extremely robust union memberships are Sweden, Iceland, Norway, Denmark, and Switzerland.

How much is rent in Sweden?

The average rent for an apartment in Sweden is $950, a 2% decrease compared to the previous year, when the average rent was $966.

How much money do you need to live in Sweden?

Students should budget on paying around 8500 SEK a month for their accommodation, food, travel, internet and going out expenses. University tuition fees can range from 80,000–130,000 SEK a year depending on the course and university. See also: Is Sweden expensive?

How much do fast food workers make in Sweden?

The average fast food worker salary in Sweden is 243.151 kr or an equivalent hourly rate of 117 kr. In addition, they earn an average bonus of 11.598 kr.

What is the average wage in Sweden?

32,800 SEKSalaries. 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.

Why is there no minimum wage in Sweden?

The Scandinavian countries of Sweden, Norway, Finland and Denmark don’t don’t have a minimum wage at all because they are so highly unionized. “The unions there felt that a national minimum wage would interfere with collective bargaining, and it might even bring the price of labor down,” says Chater.