The 28 major global cities where workers have the highest salaries — earning more than $2,000 a month

source
Reuters

Every May, Deutsche Bank releases its annual “Mapping the world’s prices” report, cataloging the cost of goods and services in a cross section of the world’s biggest and most powerful cities.

To determine the cost of living all over the globe, the bank looks at everything from the cost of a packet of cigarettes to how much the average rent costs on a two-bedroom apartment.

One factor Deutsche’s survey examines is how much people earn on average every month. The figure, which deducts taxes, is a handy indicator of the wealth of a city.

Broadly speaking, the cities that rank highly are in the northern hemisphere in developed Western economies, but southern-hemisphere powerhouses like Australia and New Zealand also feature.

Unsurprisingly, people living in cities where the cost of living is high tend to have higher salaries, with financial centers like London, New York, and Frankfurt, Germany, featuring prominently. Wages in Frankfurt have risen more than $200 a month over the past year, as banks look to move London-based workers to the city post-Brexit.

The top echelons of the list are relatively unchanged from last year, with the top four cities the same as in 2017, albeit in a slightly different order.

Check out the cities where people earn the most below. We’ve included any city where the average monthly salary is higher than $2,000 a month net of taxes.


28. Vienna — $2,425

source
REUTERS/Peter Nicholls

27. Vancouver, Canada — $2,458

source
Photo by Spencer Watson on Unsplash

26. Brussels — $2,480

source
Tatiana Popova/Shutterstock

25. Berlin — $2,482

source
Adam Berry/Getty Images

24. Toronto — $2,519

source
Inga Locmele/Shutterstock

23. Hong Kong — $2,550

source
REUTERS/Bobby Kip

22. Edinburgh, United Kingdom — $2,565

source
Getty Images

21. Auckland, New Zealand — $2,723

source
AsiaTravel / Shutterstock.com

20. Dublin — $2,762

source
Tilman Ehrcke/Shutterstock

19. Paris — $2,886

source
Shutterstock

18. Wellington, New Zealand — $2,946

source
Shutterstock/Milosz Maslanka

17. Helsinki — $2,988


16. Stockholm — $2,999

source
tarquingemstone/Flickr

15. Tokyo — $3,004

source
Sean Pavone

14. Amsterdam — $3,058


13. Singapore — $3,099

source
Jirka Matousek/Flickr

12. Melbourne, Australia — $3,263

source
Zephyr_p/Shutterstock

11. London — $3,381

source
Shutterstock / pisaphotography

10. Frankfurt, Germany — $3,389

source
Shutterstock

9. Dubai, United Arab Emirates — $3,447

source
Shutterstock/Dmitry Birin

8. Copenhagen, Denmark — $3,462

source
Shutterstock

7. Chicago — $3,650

source
REUTERS/John Gress

6. Oslo, Norway — $3,664

source
franganillo/Flickr

5. Boston — $3,740

source
RomanSlavik.com/Shutterstock

4. Sydney — $3,914

source
REUTERS/Steven Saphore

3. New York City — $4,115

source
Flickr/bryan…

2. San Francisco — $4,974

source
canadastock/Shutterstock

1. Zurich — $5,764

source
NavinTar/Shutterstock