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The average annual salary in Sweden is around SEK 481,200.
The average salary in Stockholm is higher than the national average, at around SEK 43,600 per month. This reflects the fact that the cost of living is generally higher in the capital city.
Sweden, and Scandinavia in general, has among the highest average salaries in the world. Sweden has similarly high salaries to Norway, its closest neighbor, but a significantly higher average than other nearby countries such as Poland, Estonia, and even Germany.
The average salary for tech workers in Sweden is SEK 43,000 per month. The average salary for tech workers in Sweden varies greatly depending on speciality and company, with the highest average salaries as high as SEK 50,000. Companies seeking the absolute top talent in Sweden pay sums sometimes doubling or tripling the average, with the highest around SEK 130,000 per month. However, decent tech workers in Sweden can be hired at close to average.
Engineers in Sweden earn an average of SEK 45,000 – 51,000 per month.
Salespeople in Sweden earn an average of SEK 39,000 per month. This number can vary greatly depending on the industry and sales volume of the salesperson.
Your business can easily hire employees in Sweden without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 185 countries worldwide. All you need to do is focus on your business.
There are two options if your budget is less than the average salary in Sweden:
Option 1: Increase the budget
If it is not possible to hire employees in Sweden at your budget, you could consider if there are opportunities to increase the budget. If it is not possible, take a look at option 2.
Option 2: Search in a less-expensive market
With an EOR like Horizons, you are not limited to hiring only in Sweden. You become much more flexible in your hiring options and are able to open your talent search to other, more affordable European markets.
The average salary in Sweden does not deviate much from the national average; Värmland and Västernorrland are among the lowest at around SEK 38,500 per month.