What is average wage in France? Average Wages in France increased to 3321 EUR/ Month (3627.288 USD/Month) in 2021. The maximum rate of average wage for employees was 3137 EUR/ Month and minimum was 1752 EUR/ Month. Data published Yearly by National Institute for Statistics and Economic Studies.
The average salary in France. According to recent figures from the French National Institute of Statistics and Economic Studies (INSEE), the average salary in France in 2022 is €2,340 net per month, or €39,300 gross income per year.
If we take 50% of the population earning over €1,534 net per month, we can say that the middle class in France earns between 1,500€ and 2,800€ net per month. The top 8% earns from €4,000 net per month and the top 1% starts from €8,700 net per month.
60,000 Euros is a relatively high salary in Paris, but whether it's enough to live comfortably will depend on several factors such as your personal lifestyle, the size of your household, and your expenses.
In general, 60,000€ gross is considered a good salary in Paris – that translates to about 40,000€ after taxes annually or 3,200€ monthly.
The average cost of living in France per month for a single person is around €1,800. It's important to remember that this's just an estimate number, and your actual cost of living in France may be higher or lower depending on your location, specific needs, and lifestyle.
If you make 50,000 EUR as a single person, you can even live in Paris. If you earn 50,000 EUR, you should expect to spend just over 10,000 EUR on social contributions and approximately 5,800 EUR on income taxes. This will leave you with an annual net salary of about 33,800 EUR per year, or 2,817 EUR per month.
In 2023, the average salary in France is €2,340 net per month or €39,300 net per year. Due to the differences in the cost of living across different French cities, the average salary in Paris is €2,570 net per month, 9.8% higher than the national average.
The top 1%?
To be in the 10% richest households, you must hold at least €716,300 in assets. To be in the 1%, you must have at least €2.24million. There are 282,000 such households in France.
Overall, you can expect to spend at least €1,500 a month to comfortably live in Paris. The average price per square meter for an apartment in Paris is about €9,000/sqm in the city center and €7,000/sqm in the outer neighborhoods.
The average yearly salary in Australia is 90,800 AUD (USD 60,355). Let's go through a few key indicators of the average earnings in Australia so you can fully understand salary statistics and trends in the country.
To be considered rich, a person must have a revenue of €3,673 per month ($3,903)—this amount is double that of the average person and comprises 4.5 million people in France. A couple with two children under the age of 14 would be considered rich if they have a combined monthly revenues of €7,713 ($8,267).
On a national level, French people spent an average of 851 euros to rent a house in 2021 and an average of 435 euros for a studio or a one room apartment. Both figures take charges of a rented accommodation into account.
The national minimum wage increase
Following the Fair Work Commission (FWC) Annual Wage Review 2022-23, the Australian national minimum wage has now increased to $23.23 per hour. This increase will come into effect from the first full pay period commencing on or after 1 July 2023.
In France, the average single worker faced a net average tax rate of 27.8% in 2021, compared with the OECD average of 24.6%. In other words, in France the take-home pay of an average single worker, after tax and benefits, was 72.2% of their gross wage, compared with the OECD average of 75.4%.
The average rent in Paris for an unfurnished apartment in Paris is around 1599 €. This is slightly lower than the average rent for a furnished two bedroom apartment at 1725 €.
Luxembourg had the highest average annual wage in Europe in 2021, at approximately 75 thousand U.S. dollars, compared with Slovakia, which had an average annual salary of just over 24.7 thousand U.S dollars a year, the lowest among the countries provided in this statistic.
Countries that pay the highest salaries globally are Switzerland, Luxembourg, Singapore, USA.
Here's an indication of the average monthly rent in Paris based on our rental index 2022. Furnished Private Room with utilities (best for students): €789. Furnished Studio with utilities (best for singles, couples, or new graduates): €1,101. Unfurnished Apartment with utilities (best for couples or families): €1,978.
France Annual Household Income per Capita reached 25,337.711 USD in Dec 2022, compared with the previous value of 27,184.271 USD in Dec 2021. France Annual Household Income per Capita data is updated yearly, available from Dec 1957 to Dec 2022, with an averaged value of 12,106.572 USD.
Is 4000 euros a good salary in Paris? €4,000/month places you above the median French household income.
The USA's national index is 71.05 while the French national index is 74.14. Therefore, the cost of living is 4% higher in France than it is in the USA.
It's just OK. You will have to pay rent at least 1000 euros monthly or more depending on apartment size and location.