So, you’re underpaid. Who’s not? In fact, according to UBS Wealth Management’s latest Prices and Earnings report, only two of the 70 best-paying cities on earth are in Canada — Toronto comes in at No. 14, Montreal at No. 15 — meaning, chances are, you surely don’t earn what you’re worth.
Where should you consider moving, then, to target those truly high wages?
Here are the top 5 best paying towns in the world.
5) Sydney
Wage level (relative to 100): 111.3
Sydney’s wages are high, but the Australian city’s claim to fame may well be this: according to UBS wealth management, Sydney’s domestic purchasing power is the second-highest on earth, behind only one city that appears later on this list. What’s that mean? Sydney’s got it all; its wages are high, and workers in the city see their money go farther than most every town on the planet.
4) Oslo
Wage level (relative to 100): 116.9
And, the city with lower domestic purchasing power than Stockholm? That would be Oslo, the Norwegian capital that ranks just a paltry 26th in that category, according to UBS Wealth Management. Still, if a worker’s pay won’t stretch far, it helps when you earn the fourth-highest wages in the world — as Oslo citizens do.
3) Copenhagen
Wage level (relative to 100): 134.8
The fifth of seven European cities to appear in this top 10, Copenhagen paid the highest wages on earth as recently as 2009, as measured by UBS Wealth Management. The Danish capital has since fallen to number three, but chances are — oh, I don’t know — every other city in the world but two would change places with the European town.
2) Geneva
Wage level (relative to 100): 138.8
Compared to even the No. 10 city on this list, Los Angeles, Geneva’s wages are high, but how do they compare against other major cities surveyed by UBS Wealth Management? According to the survey, workers in the Swiss city (wage level: 138.8) earn more than twice as much as other big global towns such as Milan (wage level: 66.7), Auckland (58.8) and Madrid (58.3).
1) Zurich
Wage level (relative to 100): 144.1
By more than five wage level points, workers in Zurich earn the highest salaries in the world. But here’s the kicker: the Swiss city also enjoys the highest domestic purchasing power on Earth.
Where should you consider moving, then, to target those truly high wages?
Here are the top 5 best paying towns in the world.
5) Sydney
Wage level (relative to 100): 111.3
Sydney’s wages are high, but the Australian city’s claim to fame may well be this: according to UBS wealth management, Sydney’s domestic purchasing power is the second-highest on earth, behind only one city that appears later on this list. What’s that mean? Sydney’s got it all; its wages are high, and workers in the city see their money go farther than most every town on the planet.
4) Oslo
Wage level (relative to 100): 116.9
And, the city with lower domestic purchasing power than Stockholm? That would be Oslo, the Norwegian capital that ranks just a paltry 26th in that category, according to UBS Wealth Management. Still, if a worker’s pay won’t stretch far, it helps when you earn the fourth-highest wages in the world — as Oslo citizens do.
3) Copenhagen
Wage level (relative to 100): 134.8
The fifth of seven European cities to appear in this top 10, Copenhagen paid the highest wages on earth as recently as 2009, as measured by UBS Wealth Management. The Danish capital has since fallen to number three, but chances are — oh, I don’t know — every other city in the world but two would change places with the European town.
2) Geneva
Wage level (relative to 100): 138.8
Compared to even the No. 10 city on this list, Los Angeles, Geneva’s wages are high, but how do they compare against other major cities surveyed by UBS Wealth Management? According to the survey, workers in the Swiss city (wage level: 138.8) earn more than twice as much as other big global towns such as Milan (wage level: 66.7), Auckland (58.8) and Madrid (58.3).
1) Zurich
Wage level (relative to 100): 144.1
By more than five wage level points, workers in Zurich earn the highest salaries in the world. But here’s the kicker: the Swiss city also enjoys the highest domestic purchasing power on Earth.
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