Silicon Valley is famous for its numerous high-profile tech companies and well-paying jobs. It is no wonder that the United States is the first place that software developers would think of when searching for jobs with high salaries. This means that software developers often overlook places such as Canada and Europe, offering high-tech wages and more.
In this article, we highlight 15 cities with the highest tech salaries in Canada and Europe and hopefully provide alternative options for those searching for jobs. We also provide a brief description of each city and outlines the cities’ distinctive features and the current state of the tech industry.
Average salary: $56,671.03
Minimum salary: $36,817.05
Maximum salary: $70,752.83
Known for its beautiful skyline and cold weather, Ottawa is the capital city of Canada and the seventh coldest capital in the world. The city has an above-average and affordable cost of living with an average rent of $1,050 per month.
Techwise, Ottawa’s tech talent ranks at number 14 and supports a significant portion of the city’s economy. Specifically, Ottawa has more than 1,750 knowledge-based companies that major in communication, aerospace, defense, and security technology.
Average salary: $152,320
Language: Swiss, German, and English
Nothing fits Zurich’s description than a combination of urban life and nature. The city also boasts of high quality of life, education, and most recently, became one of Europe’s fastest-growing tech hubs. Overall, Zurich is home to fintech, crypto, and blockchain startups.
If you specialize in computer vision, Zurich is the place for you to be as the Greater Zurich region ranks highest among the world’s leading computer vision centers.
Luxembourg City, Luxembourg
Average salary: $63,100
Language: Luxembourgish, French, German, and English in professional settings
Notable Tech Companies: Doctena, Talkwalker, JobToday
Luxemburg is a city of a thousand contrasts where different cultures, languages, and mentalities sync in perfect harmony. Additionally, the stone-turned-fort city has one of the highest startup investment levels in Europe.
The city currently ranks 3rd in Europe’s tech connectivity index. Luxemburg’s cost of living is also affordable at a monthly expense of $1,136 without rent.
Average salary: $51,627.39
Notable Tech Companies: Hootsuite, Amazon, Fujitsu, SAP Canada, Slack
Vancouver is famous for its quality of life and livability. The coastal seaport city sits in the Lower Mainland of British Columbia and ranks eighth among Canada’s most populated municipalities. In the past five years, Vancouver had a 42.6% increase in tech occupations.
The city is currently the twelfth and third-largest tech market in North America and the world, respectively, and will create 83,400 new tech jobs by 2027. Also, Vancouver generally has a positive trend of pay-by-experience for software developers. So the more experience you have, the more you will benefit from the city.
Average salary: $62,400
Language: Norwegian, Sami, English
Notable Tech Companies: Kahoot!, Schibsted Media, Opera Software
Norway is a Scandinavian country that borders Sweden, Finland, Russia, and Skagerrak. The city is among the happiest places in the world and boasts of high quality of life. Furthermore, green tech, especially sustainability, dominates Oslo’s tech scene.
As a developer, you will likely get exciting job opportunities in Oslo and a more rounded work-life experience. The salary is also relatively high and allows for extra financial ventures such as savings and investments.
Average salary: $73,050
Language: Danish, English
Notable Tech Companies: Momondo, Wippo IT, Ingsoftware, SYBO Games
Copenhagen is the capital of Denmark. The city links to southern Sweden through the Øresund Bridge. At the center of Copenhagen’s tech industry is Fintech and green tech.
Currently, the city offers work benefits such as a five-week annual holiday for its professionals and a welfare system that supports its residents. Copenhagen software developers also enjoy a work-life balance and the eighth-highest salaried jobs.
Average salary: $52041.75
Notable Tech Companies: Oracle, Festo, Cognizant, Western Digital
Mississauga is home to Canada’s busiest airport and sixth-largest municipality. The city lies to the west of Toronto and on the shores of Lake Ontario. Mississauga has some of the strongest communities, excellent housing, and schools in Canada.
Additionally, the city is home to 76 Fortune 500 companies, and its tech industry mainly encompasses data management, hardware manufacturing, research, software development, and telecommunications.
Living in Mississauga means that you will pay a tax rate of 15% for any taxable income worth $48,525. Other than its high house prices, the city also has a 13% property task that depends on the location and size of your land or house.
Average salary: $63,900
Notable Tech Companies: TomTom, Philips, Booking.com
Amsterdam is the capital city of the Netherlands and home to a third of the country’s tech startups. The city is also the European headquarters of various American tech companies like Uber, Netflix, and Tesla. Generally, Amsterdam’s tech space encompasses the life sciences, health, fintech, travel/tourism, and enterprise software.
Living in this city will, therefore, offer you numerous career opportunities. Amsterdam’s IT professionals are also entitled to not more than 35 hours of work per week, which means that you are more likely to have a work-life balance and time to explore some of the beautiful scenery that the city offers.
Average salary: $57,398.26
Languages: German, English
Notable Tech Companies: Google, Twitter, Snapchat, Yelp, Airbnb
Hamburg is a city whose beauty needs more than words to describe. Techwise, the city hosts many tech giants such as Google and Twitter and has a vibrant workspace for both local companies and startups.
Living in Hamburg means that you will pay 40% of your gross income to the health insurance, long-range nursing care, pensions, and unemployment systems.
However, employers cover half of this cost, and you will only pay 20% of your income. These payments are part of Germany’s social security and employee benefits, and they will ensure that you never lack an income while living in Hamburg.
Average salary: $51,960.80
Notable Tech Companies: Symend, Aucerna, Essential Designs
Calgary is a city in the Canadian province of Alberta and the third-largest municipality in the country. The city sits amid beautiful mountain ranges and rivers and ranks among the top most livable cities in North America. Calgary is also becoming one of the largest technology drivers in Canada. Specifically, the city’s tech businesses will take up $20 billion of their expenditure from 2021 to 2024.
This means that more tech jobs are coming up in the city, and as a developer, you have an opportunity to establish your career in Calgary. The average cost of living in Calgary is $1787.79, which is relatively cheaper than in other North American cities.
London, United Kingdom
Average salary: $73,575.34
Notable Tech Company: Revolut, Octopus Energy, KidsLoop
London might just be Europe’s Silicon Valley. The city, which attracted $10.5 billion venture capital last year amid the Covid-19 pandemic and Brexit, had a steady tech boom in recent years. Specifically, 36% of the previous year’s funding was from North America, while the remaining 64% was non-Europeans.
Some of the tech startups currently blooming in London include financial technology, electric vehicles, renewable energy, and education technology. London is, however, one of the most expensive cities in the world, and like any other place, the city has varying salary listings for software developers.
Average salary: $59334.95
Language: Irish, English
Notable Tech Companies: Accenture, TripAdvisor, Indeed
Dublin is a coastal city that sits on Ireland’s east coast. The city is home to more than 2,200 startups and the eighth European digital city, which means numerous career opportunities are available for software developers.
Indeed, Dublin hosts some of the biggest tech multinationals, including Airbnb and Facebook. Currently, the city is the 72nd most livable place globally in terms of finances, housing, work-life balance, and quality of urban living.
Average salary: $54,592.82
Notable Tech Companies: Faire, ApplyBoard, Arctic Wolf, BlackBerry
Nothing captures the description of Waterloo’s tech scene other than a dynamic ecosystem. The south Ontario city is home to some of Canada’s fastest-growing tech startups and biggest tech companies.
Specifically, Waterloo has over 500 startups that cut across fintech, auto tech, robotics, automation, and artificial intelligence. The city also hosts a cadre of multinationals, including Google, SAP, and BlackBerry. The cost of living in Waterloo is 26% cheaper than in other big Canadian cities such as Toronto, making it one of the rarest below-average-cost places to live.
Average salary: $45,000
Notable Tech Companies: Truecaller, Mondido, Unomaly
Sweden’s capital, Stockholm, encompasses 14 islands and sits at the junction of Lake Malar and Salth Bay. The city’s tech space includes hyper-growth scale-ups, startups, and a mix of both. Stockholm is also the second-largest region globally that produces more billion-dollar companies per capita after Silicon Valley.
This means that you will have numerous career opportunities in the city. As a developer, you will also benefit from the city’s work-life balance and quality of life with its relatively low cost of living. Notably, the monthly cost of living for a family of four and one in Stockholm is $2,400 and $1,300, respectively.
Average salary: $52,444.89
Notable Tech Companies: Ecobee, Top Hat, Shopify
Toronto is a continental tech hub and the provincial capital of Ontario. In particular, CBRE’s Tech Talent Rankings place the city in fourth place next to Bay Area, Washington D.C., and Seattle.
This ranking was in terms of North American city market depth, vitality, and tech attractiveness. Among the benefits of living in Toronto are the low cost of living and numerous job opportunities.
With tech startups emerging everywhere from London to Sydney, it’s time to move from Silicon Valley and the United States and explore what the rest of the world offers.