Whether you're a prospective employee, an aspiring expat, or simply an inquisitive soul, knowing the average salary in Paris can offer valuable insights into the city's economic situation.
As one of the most sought-after destinations in the world and the second most visited European city in 2022, Paris boasts a unique charm that consistently magnetises people from all walks of life. From its world-renowned cuisine and iconic landmarks to its thriving job market and exceptional quality of life, Paris is undeniably a city that captivates hearts. Keep reading as we uncover the average salary in Paris and explore why this captivating city is a dream destination for so many.
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Average Salary in Paris 2023
According to the French National Institute of Statistics and Economic Studies (INSEE), the average salary in Paris is €54,100, which is €4,300 more than the national average. It's important to remember that the cost of living in Paris is higher than the rest of the country. Therefore, an annual income of €54,100, although the average salary in Paris, may not be sufficient to live comfortably.
What is a good salary in Paris?
Statista reports that a yearly salary of €67,919 or €5,660 per month can provide a comfortable lifestyle in Paris. This salary will let you finance a car, rent a decent apartment, and enjoy life through holidays and other activities. However, If you prefer to indulge in lavish and extravagant expenses, you’d need to earn a much higher salary.
Factors that can affect the salary you can expect to earn in Paris
The average salary in Paris may be €54,100, but it's important to note that individual earnings can vary greatly. Some individuals earn well above this average, while others may earn significantly less. Remember, several factors can impact your potential salary in Paris.
- Your profession: Like any other city, certain occupations tend to have higher salaries than others.
- Your experience: The greater your experience in your field, the higher your expected earnings.
- Your education level: Higher education levels can lead to higher salaries. However, this isn’t always the case across all industries.
- Your language skills: Since Paris is a French-speaking city, not being fluent in French could result in missing out on higher-paying jobs.
- Company size: Not all businesses in the same industry pay the same. Salary size is determined by the size of the company, with bigger companies usually offering higher salaries.
Average salary in Paris by industry
The data below displays the highest-demand job sectors in Paris and their average salaries according to Salary Explorer.
Please note that the data below shows the industry's average salary range from the lowest to the highest. However, the actual maximum salary may be higher.
Further analysing salaries in Paris by profession
Since the above data only shows average salary ranges by industry, we have further divided each sector by their most common professions and included their average salaries.
France operates a universal healthcare system, resulting in a high demand for healthcare professionals. The figures below have been sourced from the Economic Research Institute (ERI).
Paris has a strong technology industry with a high demand for software engineers and other tech professionals. The figures below are according to data sourced from Glassdoor.
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There is a high demand for bankers, accountants, and other financial professionals in Paris, a major financial centre. Here are their average salaries according to ERI.
Paris is a transportation hub, creating a high demand for logistics professionals like supply chain managers and freight forwarders. The data below has been retrieved from Glassdoor.
Paris is a popular destination for tourists, creating a high demand for professionals in the tourism industry, including hoteliers, tour guides, and restaurateurs. The averages were obtained from Glassdoor as a source of information.
Paris is a major educational hub with a high demand for teachers, professors, and other education professionals. Here are their average salaries according to ERI.
There’s a high demand for engineers, including civil, mechanical, and electrical, as Paris is a major centre for engineering. ERI has provided the below figures.
As Paris is a major centre for fashion, art, and design, it’s no surprise that there’s a high demand for designers such as fashion, graphic, and interior designers. The figures below have been sourced from ERI.
Average salaries in other French cities
According to WorldSalaries, below are the average salaries per French city:
If you decide to make Lille or Bordeaux your home, you'll find that the average salaries are lower than in larger cities. However, this is balanced out by the fact that the cost of living is also lower in these areas.
Average salary in Paris by age
Experience is a major factor in determining your salary, and it often increases with age.
- Under 25 years old: Young people typically earn lower salaries than older workers. In Paris, the average salary for someone under 25 years old is around €1,800 net per month.
- 25-44 years old: These professionals typically earn higher salaries than young people. In Paris, the average salary for someone between 25 and 44 years old is around €2,500 net per month.
- 45-64 years old: Senior professionals typically earn the highest salaries. In Paris, the average salary for someone between 45 and 64 years old is around €3,000 net per month.
- Retirees (over 65 years old): Retirees typically earn the lowest salaries. In Paris, the average pension is around €1,500 net per month.
Average salaries in other European countries
Europe is a dream destination for anyone looking to relocate. With its high-quality infrastructure, exceptional healthcare, and strong social welfare programs, it offers an unparalleled standard of living. The continent boasts a rich cultural heritage, with a wide variety of languages, cuisines, and historical sites just waiting to be explored. So it’s no surprise that many foreigners move to Europe for a prosperous career. And as our other articles highlight, many European countries also offer high average salaries, making Europe the number one destination for expats.