My Salary & Expenses as a Software Engineer in 2023
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- čas přidán 11. 07. 2024
- In this video I'll tell you how much money I make as a software engineer, what is my salary roughly and also give you some perspective on my expenses!
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Great subject and video production, Marko. Certainly a doubt of many, because it is not because it is in Europe that everything is cheaper than in America, for example. So cool. Bring more videos like this of you talking and interacting. Hugs
Hey that’s so true!😃thanks, I’m glad you liked it 😃
This video feels more intimate, great content Marko!. Thanks for share all this
Utrolig fint at du summerer opp hvordan det er å bosette seg i fremtiden, og jobbmuligheter! Sliter litt med det selv haha.
Hvala za video!
Another great video Marko and thanks for the transparency! So interesting to see income and expenses in other parts of the world :)
Hey thank you, Vivian 😊🙏
@@withmarkoi love this
Hi Marko! Great video! I've always been interested in the cost of living and salaries for other countries. The salary comparisons between Norway and the USA is not as drastic as I thought it would be. The Bay Area of California is not a good representation of software developer salaries for the other parts of the USA. However, what was very surprising is the cost of purchasing real estate. In metro Atlanta, Georgia area $850k will buy a large well appointed home. What is extremely expensive in the USA is healthcare. A typical doctor visit for a minor issue can easily exceed $500, not including any prescriptions. The cost of education is also extremely expensive in the USA. How can people afford to purchase real estate in Norway? What are the typical mortgage terms (20, 30-years or more?)
tengo amigos en usa que su primer sueldo fue 180k xd como que no hay diferencia
sin contar que big tech es 10 veces mas facil entrar en usa vs europe
I'm from Norway myself so I think I'm qualified to comment. The 850k apartment he showed was pretty expensive, even by Norwegian standards. You can get an alright apartment for 400k-ish, just not in the center. Most people can't really afford to buy real estate here, so they are neck-deep in loans. Most Norwegians take out a 30-year loan to buy their first house/apartment which is usually 250-300k in the Oslo region.
@@aflexe Do homes outside of the center cost as much as that? an how is commute relatively? I live about 45 minutes commute from san francisco and its still very expensive out here maybe 800k-1.1m for a cheap house.
"The salary comparisons between Norway and the USA is not as drastic as I thought it would be." - this comparison is also completely invalid. Compare health insurance cost, compare safety - safety of employment, or even general safety, compare labour laws (or lack thereof in case of USA), compare how much holidays you're getting, etc... It would make more sense to compare cost of living in other European countries as they have similar laws/living standards, rather than corporation ruled third world country like USA.
Greetings from Italy (and from another Marco)!
I don't know if also in Norway the last three years made salaries grow a little more thanks to the opportunities of remote working (not only from abroad companies but also from Norway); here in Italy salaries in IT market have grown a bit, even though the mean salary here for a software developer is quite low than the rest of Europe (30-45k€, for a senior role is quite rare to have more than 60k€, excluding big tech companies). Yes, inflation than made this salary growth ininfluent, but that's life... :D
Hey thank you, namesake! 😃 People often spell my name Marco 😄 Thanks for sharing the perspective from Italy, I'm curious if the costs of living are more affordable in IT? 🤔
@@withmarko It depends, big cities are quite expensive (Milan in particular), rents ramped up there.
I also live in Italy, and I can confirm, the salaries here are laughable. Thankfully I’m also a US citizen, so it’s relatively easy to work for US companies remotely…If I had to work for an Italian company I’d move out of the country…There’s no way to live comfortably with these wages
@@anima87it Plus, if I'm not wrong, Italy is the only Nation in the EU where salaries have decreased in the last 20 years...
I appreciate this transparent video, I learned a lot!
Good video. Well documented, thank you
I contract here in Ireland after working for a US multinational for many years and I am really enjoying this way of working!
Love to see you making new content Marko! Although i'm missing the blogs too 😅
Hey, I'll be making a vlog soon, thank you for the comment 😊
@@withmarko thx even i am missing it 😅
nice vidéo dude continue like this I follow you since your first day in life of software enginier god bless u my friend
nice video as always! senior developers in China make 40k-70k usd a year, and apartment prices are crazy! I paid about 300k usd for a small apartment😂
Thanks for another amazing video, Marko
Have a great week
Cheers from Brazil!
Hey thank you, Eduardo, you too 😊
That type of video is awesome marko. :)
It is always chill and relax to watch your vids. The sharing is helpful too.
Hey thanks, I’m glad you liked it 🙌
Nice video Marko!! 🫶🏼
Always the top notch content! Keep it up
Thank you for supporting me, I’m really grateful 😊🙏
Loving the content, Marko! Greetings from Uruguay!!
Hey thank you 😊🇺🇾
Uruguay Noma!!
This is really interesting. I wish to move to Norway eventually. Mostly because I love the scenery, nature vibes and such a lovely culture.
Hey thanks! I hope you get the chance to come here 😃
Love You marko !
Great video !
You r My inspiration !
💌
Hey thank you, that’s very kind 😊
Thanks for the peek into your lofe like that man, it can be hard to do that so i appreciate that.
Plus we got to see your face something we dont get to see that often 😂.
But in all seriousness i have thought about trying to live in Europe either in Norway, Sweden, or Amsterdam and ive always wanted to visit Greece.
Very informative video marko, love it
Hey thanks, I’m glad you like it 😊
you give inspiration to continue studying for one day be a software engineer!! I´m Portuguese!!
glad to see you on camera, marko!
Hey thank you 😊 It was a big step for me, because I’m introverted 😅
Fantastic video. I can't wait to visit Oslo, Norway in the upcoming years. It's my goal to live there before 30.
Hey thank you, I’m glad you liked it 😃 And I hope you get the chance to come here, my friend 🙌
Switzerland here, salaries for Software engineers average 100k to 120k CHF ($110k-$132k) a year, of course with more experience theres room for higher salaries. Living expenses, especially in cities are higher though. But compared to other countries you still have more income after living expenses and food that you can spend as you wish.
Great new format 👍
Hey thanks, I’m glad you like it 😊
Great work 👍
Marko, you are truly beatiful... ❤
Hehe, thanks 😅😊
@@withmarko I mean it politely, and in the nicest way possible… you’re not only attractive because if your looks, it’s your personality as well. You can clearly see that you’re very smart, humble, and driven individual. As they say in England, “not just a pretty face”.
😅😅😅😅😅😅😅
@@nasirusanigaladima thank you for tuning in, however only Marko will be getting it. Sorry :)
You want his as* I know how you feel 😢
Great video!❤
Hey thank you 😊
Thank you to share with us.
what an upgrade. Supercool, hold on 🔥
Hey thanks! 😊
Hey Marko! Thanks for sharing these details.. In Macedonia (I guess in Serbia it is close) the salaries are not that big, for example average it is from 800 EUR - 3000 EUR per month depends on a experience but the expenses are very low.. The only expensive thing is the food and maybe bills but still after I compare to Norway if you get here at least 1500 EUR you are financial free when it comes to personal things you can live however you like here :)
Very interesting and informative video about wages and cost of living in Norway. 👍
Hey thanks, I’m glad you like it 😊
good luck man
wow I expected higher salaries in Norway. I live in Czech republic and Senior dev engineering salaries are +- same but we have much lower cost of living here. But property prices are also very high and interest rates - 6.2%
Yeah, no way to get rich in Norway 😄
@@withmarko yep. I see. Also if compare currency rates EUR with NOK. What happen since last year? NOK lost almost 20%. And If you want to get rich go to Portugal they have pretty nice tax regime called NHR.
Hey thanks for the tip about Portugal, but I don't know what happened to NOK man 😄
@@MartinSkopal You forgot that taxes in czech republic are much lower.
Very low interests for more than 10 years people overspend too much while having shitloads of mortgage, very high net worth taxes drives all these paper multimillionaires/billionaires out of the country reducing their overall tax to the state itself, not so much to invest in other than oil or fish industries aaand combine all that with inflation is enough to make NOK more and more worthless.
My dream is to live in Norway, such a beautiful country. I come from the sam EU region as you currently working in IT ( big US company, not that much here ) ..
Fun fact because of you I applied for a job there. Fingers crossed!
Also, amazing job with the videos. Amazing, thank you!
Same. I love Norway.
Hey thanks! 😃 I hope you get the position, my friend 😊
@@withmarko Hvala na lijepim zeljama!
Hi Marko! I'm back to the comments! It's refreshing to see you again! Very good content and information! Norway is really beautiful! Our Europe is wonderful! thank you for the content and for the research that you transmitted here to all of us! A huge hug from a viewer and fan from Portugal 🇵🇹 ❤
was waiting for the youtube income to be listed as the other income. great breakdown in norway.
Hey, I will do a separate video for my CZcams income since it’s a bit more complicated topic, there is lots to talk about 😃
Salary for devs is like twice as lower (if I got you right and 800k of krones/year it’s a 80k of usd/year) than in your example in Russia (Saint-Petersburg), but the rent is 300-500 usd for 1-2 beds apartments in good areas not far from center.
Nice video man
Thank you 😊
2:29 that's a family guy reference right there lol
ps: great video marko!
Hahaha, thanks 😄
Great video. I am also software developer (Medior) and you are inspiration for me. Love to watch your videos.
Btw: what password manager you use? 😁
Hey thanks!! 😃 I mostly use NordPass personally since they sponsor my channel from time to time 😄 But it also works great 😃
Great video. I just checked the interest rate for home loans in a few banks here in India and boom they are around 8.5%. Damn thats a lot. I am just starting out (literally joining my first job next week), and man buying a home in a big city just seems too scary.
whoever create interest rate should be ban to ever life on earth the most stupid invention
What about taxes? Is the pay 850k after or before tax? If you're paying 30% taxes or more on that money, it changes the perspective a lot.
Do the rents and apartment prices include any taxes you have to pay?
Hey Man! If you allow me, can i give my impression of your Chanel!?
Here it is: your Best vídeos Was The ones that you show you day, you in a bike anda The coffee shop you using at tha day.
That type of vídeo give me a peacefull moment and at The same time a inspirational moment. Just my impression.
Great video, could you talk about how much you make on your YT channel next?
Hey thanks! I'm working on that video as well 😃
I am probably from the same country as you (CRO). And here with 3 years of experience I get 1500€. Incredible how much you can make in other countries, especially USA
Hey @Marko, does Big Tech have any presence in Norway? I know there are some cities in Europe (eg. London, Amsterdam) where you can have a good compensation as a SWE by working for these companies (of course, the cost of living is generally pretty high as well)
consultation is going to pay you better it is not worth it in europe unless you get as an intern imo
Interesting, and congrats for all the videos Marko! Don't know if you've ever told this (or if it's for private reasons) but: why do you live in Norway? Would be an interesting context to add to the discussion :)
Hey thank you! 😊 I live here because my wife is working here at the university 😄 We moved to Norway when she got that position. 😄
@@withmarko makes a lot of sense! Hope you’re both having a good time there, cheers from Bari, Italy :)
great marko
nice video
Oh! You got SM7B! It's the best mic!
Hey yes, I’m so happy that I can finally record good audio without too much hassle 😄
Bro, love your videos.
Please can you show us your devices (laptops, PC, Phone etc).
I wanna be like you.😁
Thanks for this amazing video, it's full of information about income vs expenses.
But I heard that because of the high Tax rate people are started leaving Norway.
Hey thanks 😊 Yep, the tax is insane here 😩
that is cool man!
Thanks 😃
Its better if you can give exact figures from your experience. However I request video about work life balance in software engineering roles, I mean devops,backend developer ..etc comparison
Cool video, could you make video about how you actually moved to Norway? Like the whole process of moving from a third world Balkan country :)
@Marko , hey if I am learning now Python for beginners in boot camp, what else I need learn in udemy website to get certificates if I want become data analyst?
man, your eyes are so beautiful!
hi marko im a junior fullstack web and mobile developer and i hope one day tobe seniorv mern stack thanks for you videos big love from tunisia
Hey thanks for the comment, best of luck with your career my friend 😊
nice video! It's just very different the pay range of Europe countries from here in Brazil. For an example, the pay range from a Senior Software Engineer in Brazil is between 25k~30k dolars an year hahah. Things like this make me want to starting working remote to another countries
and stuff here is pretty expensive. A macbook here, for example, costs like my entire salary and more
Hey thanks for sharing! Yeah I know that pain, man! I hope things get better for you over there! There should be good opportunities for remote work also, I hope you can find a position 🙌
Greetings from Stockholm! While the salary figures are pretty much the same here, seems cost of living in Oslo is drastically higher!
In my experience, salaries in Sweden are significantly lower than in Norway. Could be different for consultants though.
@@AndyTutify yeah in my mind that's the case too.. I am in the same industry though with almost the same seniority level and the figures he mentioned are in the typical range here..
for full time employees.. Not sure about consultants..
Hello marko, im from philippines can i ask maybe if you know the typical salary of a UX/UI Designer there? and is it indemand in norway?
Bro just started watching hope it's a good vid for like all the others.... forgot to wish you for ur bd cause I did not have time. Btw I am studying high school rn can u pls make a vid on steps to be a software engineer and things u shld do from 9th ... I really want to be one :)
Hey thanks 😊 I think the most important thing is to try and build projects, no matter how basic they are. That’s the best way to learn, and also later when you are looking for a job, you’d have some experience to talk about 😃
@@withmarko Thanks Marko... Will watch future vids for sure! :)
Hello, im from norway too. I am gonna prep for school etc. Live near oslo and wondering what kind of options an upcoming programmer in this area. What school etc. What path is the best. Atm I learn Python. I am an electrician apprentice too for now...
Happy to see your face,You are beautiful and really nice Person🙂
Hehe, thanks 😃
Hi Marko! I kinda wanna migrate to NORWAY. You have any advise regarding that? Does Kahoot sponsor working visa?
Hej, izvini ako je previše osobno pitanje, razumijem ako ne odgovoriš ali koliko ti ostane otprilike u € nakon plaćanja stana? Koliko ti je trebalo otprilike vremena da dostigneš takvu nekakvu plaću, kakve su početne? Jesi radio u Srbiji u IT prije iseljenja ili? Sori za ovoliko pitanja, pozz i nastavi jako
Hej stan otprilike iznosi 50% neto zarade. Pocetne plate su nekih 20% nize, a od pocetne do moje plate treba nekih 3 - 4 godine. 😃 U Srbiji sam imao svoju firmu 😃
Ukraine. I need about 500 usd to pay for a rent (200$ +-) and other stuff. Avarage junior coder salary here is about 400-750 usd but you can be hired by smth like epam for 1k+. Thanks for the video!
Hey thanks for sharing, I hope things get better over there soon, my friend! 🙌
@@withmarko Thanks man! Your videos always cheer me up
If I'm 32 with no high school but start a journey like The Odin Project will I land a job eventually? Thoughts from experienced people in tech would be appreciated.
this guy does his job at kahoot and makes videos about it. that's the money he gets from his job + sponsorships and youtube ad revenue. a true genius.
How difficult is for a foreign to work in Norway? I visited Oslo back in March and I was curious about relocating. I work as an Sysadmin, the jobs in Norway for that position (and every tech job) requires to know Norwegian?
Hey that’s a great question! I guess for a sysadmin if you are working for a industry company they probably speak in Norwegian, but if it’s just a software company, it’s likely they speak in English. For example at my day job, we speak in English 😃
As someone who lives in Oslo that is an extremely expensive, city center lifestyle. I'm on a higher paid, more senior position and I live more simpler that that...
Average single senior developer wouldn't spend more than 10-15k rent, cook own food (6-8k month) and not drive
Wow, I expected a bit higher salaries, in Latvia they are close to this, altough a bit lower. Still, expected more of an gap.
crazy prices in norway wtf.... 1000 in netherlands a really good one., 600-800 decent appartement
Hey Marko! Have now entered the field of job hunting. Facing a million rejections, getting a few interviews but no call backs. Any advice? I'm not giving up, but it's frustrating honestly.
P.s Love your videos and absolutely love your comment section. Wholesome individuals.
Hi, it depends where you are.. are you a recent graduate or an experienced hire? Then how much experience and where do you live.
The basic requirements are to have a list of projects, such as a portfolio demonstrating your experience and capabilities.
When you get to the interviews, always ask for feedback even if you know you did well or didn't.
A million rejections are just a million ways to improve.
It's pretty silly, maybe, but welcome each rejection as a way to improve.
Compensate for the frustration by balancing your days. Exercise, a good diet, study times and good sleep all help out.
@@embracem7722 I'm graduating in a month, with a bit over a year in experience. I love in Nigeria, there are jobs here, but most tend towards senior roles. So I ventured out into fully remote jobs.
I have built a portfolio, working on more projects to show case my skills, thank you for that tip!
Highly noted!
Ahh this should be on a shirt😂, love the quote. Really though, thank you.
What an Absolutely Wholesome individual. Thank you so much for the advice! I wish you the Absolute best in your future adventures.
Hey guys thanks for the comments! When I look at the candidates we hired, a lot of them had a project or 2 to show that they worked on in their free time. That’s the best way to prepare for the interview, if you are just starting out, and you have no work experience
@vloginnwithekom I want to add; showing willingness to learn continuously, demonstrating 'thirst' for knowledge help out too. Read around trending and emerging topics in the field and come prepared to those interviews. Meeting their requirements is just the minimum - it's no longer enough - you must bring added value to that company you're going to. Knowledge is usually the most attractive quality aside from technical skills. Knowledge can be shared and grown to other individuals.
You're absolutely welcome. I understand your struggles. I graduated in 2019 and covid hit. I couldn't find a job for almost 2-3 years. But I quietly worked on projects (mostly small, but it accumulates) and developing other facets of myself. I failed many interviews but started to pass a few, chose to reject those because you learn what you want from a company.
Also, don't show any sign of desperation. Make it look like you have other options to them, this makes you attractive. (It's a bit like dating in that aspect)
@@withmarko Thanks for the tip Marko! Appreciate it. Will start working on some
Extremely insightful video for me as an European
Hey thanks for the comment 😊
I have another suggestion. I request video how software engineering salary vary compared to other professionals salaries in Norway and is it enough to live comfortably ?
Hi Marko! From Mongolia. Here is difficult for live and work. I earn 8000$/year(it is before tax and most of us earn 5000 in year) and cost 5000$(rent , food....).
Indeed😬
Hey thank you for sharing, I had a coworker from Mongolia in my previous company we were good friends 👍👍 I hope it gets better for you guys, but maybe you can also try remote work?
Bruh you need to relocate to Bulgaria if you work remotely, your expenses here will be less that 30K a year (apartment, food, all bills)
And we have beautiful nature and weather
nice all-ad video
850k for a small apartment?! Daaaaamn. With that money you can buy a 250sqm penthouse with a lake view, in Eastern Europe.
or in Spain
Hey thanks for the comments. I admit that apartment was on the more expensive side, you can find a similar place for maybe 500k further out. But still, yeah not why I don't live in Spain 😄
@@withmarko well in Madrid I must admit we have also those prices (300-500k). But at least the rents are cheaper. I pay 850€ for a one bedroom flat including parking in the center of Madrid
not really
@@trocla is 3,000 (bnutto) enough to live in Madrid? How much youwill have after you pay for the rent and bills?
Great video, New software engineering videos. If you don't mind, I'd like to ask a dumb question why do most software engineers use MacBooks?
Hey thanks 😃 Hey good question! I used a number of different machines, on all operating systems, Win, Mac and Linux. But over time I settled on the Mac because of the hardware and build quality. 😃
Hi Marko, can you please clarify if that was a gross salary? And if so what percent do you pay as a tax?
Omg he’s actually handsome 😢❤
👍🏾😍😍
Nawh I'm jealous of you cause of the vacation benefits...and free education...and free healthcare....I hate it here in U.S.
❤
Regarding the country and payment. All are aligned with the cost of living. Back in the day, you get saved approximately the same amount at the end in every country. It's just a matter of the rent costs, grocery expenses, etc, etc. Therefore it's not objective enough to choose/compare countries just because an average payment is higher... You have as pricy expenses... There are many more important matters to consider when moving to another country. That's why I can't really understand these lists aka "The best country for software engineers in terms of the compensation"...
Hey that’s a very valid point 😃 At the end of the day a mortgage will take 30 years to pay off no matter what country you live in 😅 But it translates to everything else as you said 👍
@@withmarko yeee, mortgage is a dead end story 😄
love the uploads!
(reupload?)
Hey yes, CZcams was stuck on processing the first upload and there was some glitch in the YT dashboard 😅
Thank you 😊
Hi marko! sorry for my comment not related to your video, but Do you advice to use macbook pro m2 16GB for coding?
I do as a computer science student studying masters. It's brilliant, I have done so much automation on my mac aswell
Yeah, I started with max and I won’t go back. I just see how much people with windows have to go through and I’m like nah. Idk about Linux but I don’t like it but could be good
thx
Is the salary before or after tax? If it’s before how much approximately is left after tax? Great video by the way,
pozdrav iz Srbije 😁
Hej pozdrav! Plate na sajtu o kojima sam pricao su "bruto". Porez je negde oko 35% - 40% 😬
@@withmarko To je katastrofa...jesi li probao raditi remote iz balkana ili raditi sam za sebe?
I come from Indonesia, and I am very interested in working in Europe, but I don't know where to start to work in Europe because I have no connections or acquaintances there
I don't understand the issue. The salaries in the US are huge compared to Europe. But still Europeans end up better if you take the salary-cost of life ratio. So basically the huge difference in favor of the Americans, still falls short to the amount of money you have left after you finish the costs in Europe.
tips for fellow americans: don not get sick. ever.
Hey marko i am a computer science student i hope to buy m2 macbook air.but only 256 model available. Is it any problem if i use 256 model with an external ssd 🤔
Hey maybe you can look for an M1 with 512, it’s still an amazing machine 👍
Due to the NOK losing value against most major currencies it’s not fair to compair 1/10. 20k NOK is only 1.6k EURO instead of 2k EURO.
2:35 Then why not move to US? Since you have already migrated from another country? I am asking since i am planning to move abroad from a poor Balkan European country and I dont know where to go. To be honest, main goal for me is to maximize compensation. I think that Switzerland has the highest salaries in Europe (and of course the biggest cost of living) so maybe go there first and when I will have gained some experience go to the US? If anyone has similar dilemmas i would be glad to discuss it !