Top 10 Highest-Paid Cities in the World
Swiss bank UBS recently released its tri-annual Prices and Earnings report revealing which of the 73 surveyed cities in the world had the most purchasing power (in terms of the local costs of goods) after taxes were deducted from the average hourly pay. Forbes Magazine further analyzed the data and listed the top 100 highest-Paid cities in the world. While this data isn't all that useful in practical terms, it's always interesting to see the facts and figures and how we fit into the global picture. Here are the top ten cities according to this data.
1. Zurich, Switzerland: Net pay per hour: $22.60 (Gross pay per hour: $30.30).
2. Geneva, Switzerland: Net pay per hour: $20.40 (Gross pay per hour: $29.20).
3. New York City: Net pay per hour: $19 (Gross pay per hour: $26.10).
4. Dublin, Ireland: Net pay per hour: $18.70 (Gross pay per hour: $22).
5. Luxembourg City: Net pay per hour: $18.20 (Gross pay per hour: $22.40).
6. Copenhagen, Denmark: Net pay per hour: $17.70 (Gross pay per hour: $32.80).
7. Los Angeles: Net pay per hour: $17.40 (Gross pay per hour: $23.90).
8. Oslo, Norway: Net pay per hour: $15.80 (Gross pay per hour: $24.40).
9. Helsinki, Finland: Net pay per hour: $15.70 (Gross pay per hour: $21.30).
10. Miami: Net pay per hour: $15.70 (Gross pay per hour: $21.10).