5 Countries with the Highest Average Salaries in Europe

4. Norway

Average Salary: $59,300

In Norway, wages are a major attraction for residents and expatriates alike. However, it must be noted that Norway operates under a comprehensive collective bargaining system, wherein labor unions negotiate wages and working conditions with employers. This system contributes to relatively equitable pay across various industries and professions. Additionally, Norway has a high cost of living, which is reflected in its wages. While salaries may appear generous, it’s crucial to consider factors such as taxes, social security contributions, and the overall expense of living in Norway.