Let’s analyze the average and minimum salary in Paris, France, one of the most beautiful cities in the world and a great destination for corporate expatriates
Are you considering relocating to Paris or France? Check the average and minimum salary in Paris, and understand better the financial situation and economy of the French capital.
Paris is the capital of France and the largest city in the country, with a total of 2,2M inhabitants. It figures among the most visited city in the world, attracting tourists from all corners of the earth with stunning historical sights and museums.
Minimum Salary In Paris
In France, minimum salaries are regulated and must of at least 1480,27€ (or approximately 1600 USD) per month (9,76€ per hour) for a full time position. This is a gross figure to which must be deducted mandatory employee contributions. Income taxes, paid yearly, are also deducted from this amount. The minimum salary in Paris is the same as the one for the Metropolitan France.
The average working week in Paris and France is of 35 hours. It is one of the shortest working weeks in the world.
Average Salary In Paris
According to the French National Institute of Statistics, the average salary in Paris and its surroundings was 23,9€ per hour (gross) in 2016. This is more than twice the French minimum and 41% more than the average for the rest of the country.
Paris is thus the best choice one can make when thinking about relocating to France when it comes to finances. Even if the cost of renting an apartment is also higher than the national average (29,45€ per square meter per month), Paris still offers the best opportunities for expats.
Paris Economic Outlook
France is the 5th largest economy in the world, with services being the primary contributor to its GDP (around 70%). This is a classic feature for a developed economy of the European Union. However, the last few years have been characterized by a sluggish growth and a growing unemployment rate.
In May 2017, liberal president Macron was elected, promising to conduct a number of economic reforms. These reforms could significantly change the employment landscape in France and its capital. The trend in France continues to focus on openness to foreigners and liberalizing the job market as a whole. France continues to have some of the highest tax rates in the world.
Finding a job in the French capital without speaking a word of the language can be a little bit tricky. Make sure to take those few basic lessons before flying off. Even if your position doesn’t require knowledge of French, it be certainly helpful in your daily life.
Interesting Resources for Working and Living Abroad
Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:
World Nomads: this company provides travel insurance in most countries around the world. It might be a good option if you going for a long travel.
CheapOair: this is one of my favorite websites for buying airline tickets for flights for any destination in the world. One of the best advantages of CheapOair is that it also accepts PayPal.
Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.
You may also want to check our website guides:
Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world. Travel always in the most comfortable way with optimal prices to enhance your travel experience.
Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.
Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries. It also covers about remote work and TEFL jobs.