🌟 New: Salary Data for 50+ Countries Explore Now →
🆚

Software Engineer Salary Comparison

Side-by-side evaluation of salaries, local taxes, monthly expenses, and real purchasing power

✓ Real-time Comparison
🔍 Change Comparison Cities
City 1:
VS
City 2:

💡 Smart Analysis

Comparing Reykjavik and Stockholm: Average gross pay is 21% higher in Reykjavik. Cost of living is 9% cheaper in Stockholm. With higher take-home and lower expenses, Stockholm is a more financially comfortable place to live with an affordability score of 7/10 compared to 6.8/10.

Category Comparison
🇮🇸
Reykjavik
🇸🇪
Stockholm

💰 Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
€80,000/yr
HIGHER
€66,000/yr
Junior Developer Pay
€46,000
€39,000
Mid-Level Developer Pay
€69,000
€59,000
Senior Developer Pay
€102,000
€87,000
Lead / Architect Pay
€128,000
€107,000

🏠 Monthly Cost of Living

Rent — City Center (1 Bed)
€1,500
€1,400
Rent — Suburbs (1 Bed)
€1,000
€950
Groceries (Monthly)
€420
€350
Public Transport Pass
€110
€100
Utilities (Electricity, Internet)
€210
€180
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
€2,313/mo
€2,094/mo
CHEAPER

🧾 Tax rates & Take-home

Average Income Tax Rate
37%
30%
Social Security Deduction
0%
7%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
€3,623/mo
€2,789/mo

📊 Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
6.8
7
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
€1,310/mo
€695/mo
Months to Save €10,000
~8 months
~14 months
🇮🇸 Complete Reykjavik Breakdown & Charts → 🇸🇪 Complete Stockholm Breakdown & Charts →