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The latest STATEC report provides a close-up of wages in Luxembourg and reveals that, on average, households live on just over €5,700 per month.
According to the report from the National Institute of Statistics and Economic Studies (STATEC), the average monthly household income was €5,716 in 2020 (the latest year for which data is available). This amount corresponds to the net amount left after taxes and social contributions.
On an individual basis, the average monthly salary was €3,641.
The average rate is this elevated due to the higher income generated by the best-paid employees in the country. However, the median salary available (half of the population earns more, the other half earns less) is lower.
In 2020, STATEC estimated the median salary to be €4,897 per household, or €3,154 per individual.
Based on these numbers, STATEC calculated the poverty threshold for the Grand Duchy at €1,982. According to the Institute’s estimations, 17.4% of the population were affected by poverty.