What Is The Average Income In Belgium?

Average gross income: 3,758 euros per month. On average, an employee working full-time in 2019 earned 3,758 euros gross per month. This is what emerged from new results of Statbel, the Belgian statistical office, based on a survey on earnings among 118,164 employees of Belgian companies.
The minimum wage in Belgium for 2019 is €1,593.80/month, or €19,126/year, which is a 2% increase from 2018. Belgium’s minimum wage is set on a monthly basis instead of an hourly one.

Whats a good salary in Belgium?

Will your salary be able to meet your daily needs? A net monthly salary of €2,100, which translates to €45,000 annually before tax, is a good earning for a single person living in Belgium. For a big household of four people, an average of €4,150 monthly or about €95,000 in annual salary is considered good.

What is the average salary in Belgium 2020?

Average salary in Belgium

According to data from the Average Salary Survey website, the average gross salary in Belgium is €61,357 a year. This is €37,923 after taxes.

What is the average salary in Belgium 2022?

In the long-term, the Belgium Average Gross Monthly Wages is projected to trend around 3651.00 EUR/Month in 2021 and 3695.00 EUR/Month in 2022, according to our econometric models. Wages in Belgium refer to average monthly gross salaries. We have a plan for your needs.

What is the standard of living in Belgium?

It ranks above average on income, wealth, wellbeing, civic engagement, employment, housing, and personal security among others. The overall cost of living is around 4% lower than in the neighboring Netherlands, with rents almost 30% lower. Tax rates in Belgium are among the world’s highest.

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Is Belgium expensive to live?

Belgium squeezed into the top 20 in a ranking of the most expensive countries to live in during 2020, in a list in which European countries take up half the spots.

How much do you need to live comfortably in Belgium?

Living costs in Belgium usually vary between 700 – 950 EUR/month. In big cities, you might need a larger budget, but this largely depends on accommodation type and your spending habits. Here are a few examples of average living costs in some Belgian student cities: Antwerp: between 780 – 1,230 EUR/month.

Are houses in Belgium expensive?

Researchers found that Belgian homes are 8.73% too expensive, an overvaluation of the housing market which is most noticeable in the provinces of Antwerp and Walloon Brabant, but also in the east of Limburg, on the coast, the region around Liège and the Brussels-Capital Region.

How much is monthly salary in Belgium?

In 2007, a person in Belgium on average had a salary of 2,837 euros per month. By 2019, employees on average earned almost 3.8 thousand euros monthly. This was significantly higher than the average salary in neighboring country the Netherlands, where the average monthly salary reached 2.7 thousand euros in 2020.

How much does a house cost in Belgium?

What is the price of a house in Belgium? In 2021, a house in Belgium would cost approximately 281,700 euros.

Average price of a house in Belgium from 2013 to 2021 (in euros)

Characteristic Average price in euros
2019 262,196
2018 251,584
2017 240,451
2016 234,541

Why is Belgium so poor?

One of the major causes of poverty in Belgium is that many families that are headed by single parents suffer from an inadequate income. Single parents, especially those who work low-wage jobs, bring home less income than parents who share their total household incomes with their spouses.

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Are taxes high in Belgium?

Tax rates in Belgium are some of the highest in Europe. For example, the rate of personal income tax can reach 50% for the highest earners, in comparison to an average of 38% in the rest of Europe. If you are a foreigner working in Belgium, you are generally liable to pay Belgian taxes and file a tax return.

What is the average salary in Brussels?

The average salary in Brussels is 3642€ per month, as of April 2019. This is significantly more than Flanders (3257€) and Wallonia (3102€), the two other regions of Belgium. The dutch speaking part of Belgium (Flanders) is slightly wealthier than the French speaking part (Wallonia). More information here(in French).

How much is tax in Belgium?

The average rate being 7%. For non-residents, a flat surcharge of 7% is due. In some cases, communal taxes may also be levied on exempted foreign-source income.

How much does it cost to study a master’s degree in Belgium?

A Master’s degree program or any post-graduate program in Belgium costs anywhere from 30,700 Euro (s) to 92,200 Euro (s) and lasts approximately two years. That is quite an investment. You can’t really expect any salary increases during the study period, assuming you already have a job.

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