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The 20 world cities that pay the best wage

The rapid rise of one US city to the top of Deutsche Bank's salary rankings this year indicates how finance is being challenged by tech as the best paid industry

The rapid rise of one US city to the top of Deutsche Bank's salary rankings this year indicates how finance is being challenged by tech as the best paid industry.

In the bank's annual Mapping the World's Prices survey, using data from Numbeo, Vancouver, Dublin and Wellington also leapt up the list of locations with the highest average monthly wages.

Read on to find out which 20 cities topped the charts, ranked in descending order.

 

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The rapid rise of one US city to the top of Deutsche Bank's salary rankings this year indicates how finance is being challenged by tech as the best paid industry.

In the bank's annual Mapping the World's Prices survey, using data from Numbeo, Vancouver, Dublin and Wellington also leapt up the list of locations with the highest average monthly wages.

Read on to find out which 20 cities topped the charts, ranked in descending order.

 

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20. Stockholm: $2,630 (£2,068)

Sweden

Yoy change: down 12%

Yoy rank change: -4

5-year cumulative change: down 22%

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19. Vancouver: $2,677

Canada

Yoy change: up 9%

Yoy rank change: +9

5-year cumulative change: down 11%

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18. Helsinki: $2,698 

Finland

Yoy change: down 10%

Yoy rank change: -1

5-year cumulative change: down 10%

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17. Frankfurt: $2,784

Germany

Year-on-year (Yoy) change: down 7%

Yoy rank change: -2

5-year cumulative change: down 18%

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16. Amsterdam: $2,795

Netherlands

Yoy change: down 9%

Yoy rank change: -3

5-year cumulative change: down 16%

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15. Dublin: $2,818

Ireland

Yoy change: up 2%

Yoy rank change: +5

5-year cumulative change: down 4%

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14. Dubai: $2,856

United Arab Emirates

Yoy change: down 17%

Yoy rank change: -5

5-year cumulative change: down 9%

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13. Tokyo: $2,860

Japan

Yoy change: down 5%

Yoy rank change: +1

5-year cumulative change: up 6%

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12. Wellington: $2,865

New Zealand

Yoy change: down 3%

Yoy rank change: +6

5-year cumulative change: up 2%

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11. Singapore: $2,900

Singapore

Yoy change: down 6%

Yoy rank change: +1

5-year cumulative change: down 6%

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10. London: $2,956

United Kingdom

Yoy change: down 13%

Yoy rank change: no change

5-year cumulative change: down 7%

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9. Melbourne: $3,181

Australia

Yoy change: down 3%

Yoy rank change: +2

5-year cumulative change: down 17%

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8. Copenhagen: $3,190

Denmark

Yoy change: down 8%

Yoy rank change: no change

5-year cumulative change: down 11%

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7. Oslo: $3,246

Norway

Yoy change: down 11%

Yoy rank change: -1

5-year cumulative change: down 30%

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6. Sydney: $3,599 

Australia

Yoy change: down 8%

Yoy rank change: -2

5-year cumulative change: down 19%

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5. Chicago: $4,062 

United States

Yoy change: up 11%

Yoy rank change: +2

5-year cumulative change: up 25%

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4. Boston: $4,288

United States

Yoy change: up 15%

Yoy rank change: +1

5-year cumulative change: up 23%

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3. New York City: $4,612

United States

Yoy change: up 12%

Yoy rank change: no change

5-year cumulative change: up 33%

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2. Zurich: $5,896

Switzerland

Yoy change: up 2%

Yoy rank change: -1

5-year cumulative change: down 18%

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1. San Francisco: $6,526

United States

Yoy change: up 31%

Yoy rank change: +1

5-year cumulative change: up 88%

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