Where in Europe can you earn the highest wages and in which countries does your money stretch the furthest? Average wages vary considerably from one European country to another but when it comes to compensation, a larger paycheck isn’t always better. What matters is the ability to afford useful things that enrich our lives. Glassdoor Economic Research presents an analysis of how wages differ across Europe and identifies countries in which the cost of living is the most (and the least) favourable. The analysis covers 18 countries and tracks how these European markets compare to the United States, which is used as a benchmark.

The report, titled Which Countries in Europe Offer The Best Standard of Living?, and conducted in cooperation with Llewellyn Consulting, finds that when ranked in order, the countries offering the highest standard of living are Switzerland, Denmark and Germany.

Key findings: