You are in the right place! And, as with many countries, there’s always a shortage of healthcare professionals. Buying a house is another alternative. The amount of average gross monthly earnings, individual enterprises excluded, is published every quarter. In that case, the average monthly net salary will come down to about $968/month. The relative standard error (RSE) was chosen to be the measure of the reliability of estimates. It’s a fairly modern and busy city where residents enjoy a wide range of amenities, good food, favorable weather, and a relatively low cost of living. These figures represent the average gross salary, which includes basic pay and other benefits like housing and transport. Both of these sectors offer a good number of employment opportunities. This page provides - Lithuania Average Monthly Gross Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. You can find a one-bedroom apartment in the center of one of the cities at an average of $440/month. Estimated average values of the varia­b­les in the corresponding stratum are ascribed to these units. Wages in Manufacturing in Lithuania averaged 624.20 EUR/Month from 2000 until 2020, reaching an all time high of 1381 EUR/Month in the first quarter of 2020 and a record low of 297.90 EUR/Month in the first quarter of 2000. Non-response to the questionnaire committed by an operating enterprise is treated as illegitimate. The country’s annual household income is updated yearly and has recorded an average of $4,936 from 2005 to 2018. Public transportation in Lithuania is well-organized and cheap. Employers are required to pay their workers no less than that amount or risk being punished by the government. It can be very challenging to live comfortably on this wage, especially being a foreigner. Lithuania is a member of the European Union and has one of the largest economies, as well as the highest GDP per capita among the Baltic States. Think of all the expenses you have to incur monthly: housing, transport, food, utilities, health insurance, and personal care, just to mention a few. The top 20% of the highest earners makeover seven times higher than what the 20% of the poorest residents make. This will increase unemployment rates, especially among young people. In that case, the average monthly net salary (after tax) is $852.51. There are several jobs you can do online; all you need is a stable internet connection. They have been on the rise and are slowly catching up to those in other EU capitals. If you plan on building a career in Georgia, Atlanta may be a good place to start. The users are: institutions of the State and Government authorities, the media, representatives of business and science, students and European institutions, etc. The cost of living in Kaunas is 100 percent higher than the national average. Despite this, labor costs in this country remain among the lowest in the EU. The highest salaries correlate according to the demand, meaning the above talents are some of the highest paying in Lithuania. and Consumer Credit Risk Solutions from It also ranks high when it comes to ease of doing business and has several job opportunities for skilled expatriates, especially those from EU countries. In addition to these common costs, households will have to budget for several other expenses based on their needs. The question arises, can such growth rates be sustained and what trends can we expect in the future? A one-way ticket costs around $1.11, while the monthly travel pass costs $32.05. When it comes to eating out, there are all kinds of options to suit every taste and budget. Like most countries, Lithuania has a state-mandated minimum wage. Average gross monthly earnings, individual enterprises excluded, which are calculated every quarter are not harmonised and comparable with the indicator Average monthly earnings, which is calculated on the basis of the data of Sodra due to the different definitions of indicators, calculation methods and the scope of enterprises (Sodra includes individual enterprises). This includes health insurance, clothing, entertainment, tuition fees for students, as well as childcare and education costs for parents. Salaries in Vilnius are considerably higher than the nation’s average. So, can you afford to live in Lithuania? Food prices are slowly rising. Direct access to our calendar releases and historical data. Non-response of enterprises influences the accuracy of statistical estimates. A basic meal in an inexpensive restaurant costs $7.74, while a three-course meal for two in a mid-range restaurant cost $33.16. Welcome to DestinationScanner - we spent hundreds of hours researching only the best places for expats. That is €3.39 an hour and €6,660 per year. Wages in Lithuania averaged 624.20 EUR/Month from 2000 until 2020, reaching an all time high of 1381 EUR/Month in the first quarter of 2020 and a record low of 297.90 EUR/Month in the first quarter of 2000. The sample size in 2008 equals 7976 units. Average Monthly Gross Earnings. The average hourly wage (pay per hour) in Lithuania is 19 LTL. To help you answer this, I will go through some of the expenses you’re likely to incur living in Lithuania: Rental prices are growing quite fast in this country, especially in the major cities, but still much lower than in other EU countries. Without further ado, let’s get started: If you’re looking to enter the Lithuanian job market, it’s probably best to look at the average salaries for specific job titles. The indicator is produced by the Labour Statistics Division of Statistics Lithuania. The average salary in Vilnius is considerably higher than other cities in the country. It is one of the largest cities in the United States. © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. They are relevant for the assessment of the level of economic development of the country, preparation of the forecasts of the economic growth, evaluation of equal possibilities for men and women. But like most developed economies, its current job market is bigger in the services sector, which contributes 68% of the total GDP. You can expect to earn even more if you have been offered a job in Lithuania as an expat. This makes it one of the leading EU countries for IT, communications, biotechnology, and mechatronics as evidenced by the number of international food, pharmaceutical, and technology firms that have offices here. Join your colleagues in participating in this Gross earnings exclude: payments to employees leaving the enterprise, daily allowances, material allowances for the employee or his family, sick leave of the first two days, other allowances paid to employee, whereas gross wages and salaries include them. Overtime is pretty common through collective agreement, but a workday should not exceed 12 hours. In the case of non-response to the separate question of the statistical survey the imputation of the value of the indicator is used. Time series of the indicator are comparable since I quarter 2000., Economic Data, Research, Advisory, Forecasting 2000-2020 Data | 2021-2022 Forecast | Historical. This is the map and list of European countries by monthly average wage … Lithuania’s minimum wage has experienced an overall increase of about 38.75%. Read more articles by Marta Kovachek. The confidence interval as the other measure of error is calculated as well. The data recorded a low of $2,202 in December 2005 and reached an all-time high of $6,904 in 2018. This is due to the increased transparency of wages and reduced tax burden, among other reasons. If you’ve decided to build your career in Vilnius, you’re probably wondering how much you can make here. Traditionally, Lithuania has strong agricultural, textile, furniture, and logistics industries. Vilnius is the capital of Lithuania and home to the biggest tech start-up hub. Average Salary in Vilnius, Lithuania. Non-EU/EEA citizens, on the other hand, have to obtain a work permit, which is usually arranged by an employer. The process of getting employment in Lithuania for EU/EEA citizens is fairly simple as they have a right to work here. The economy of Vilnius heavily relies on the services and IT sector. All rights reserved. Compared to the same period last year, wages grew nearly 17 percent in the public sector and 12 percent in the private sector. For a more affordable price, consider moving outside of the city center. It’s important to understand what this wonderful country is all about before relocating. Popular jobs for expatriates living in this city include IT, teaching, as well as science and research. This release measures the economic activity on an annual basis. We are the team behind Destination Scanner! Given the recent significant increase in foreign investment into FinTech, financial services, and ICT, the highest demand is for software engineers and ICT professionals. More and more job seekers are moving to this country to take advantage of the growing economy. Many online TEFL courses require a small investment of time and money, which you can take to help you land a job. Marta is a true digital nomad, traveling across the USA for the last 10 years and sharing her expertise with a wide range of readers. Generally, the estimated cost of living in Lithuania for a month without rent will be $400 for a single person, $888 for a couple, and $1,150 for a couple with two kids. After the reference period the indicator is published in the press release, also it has to be published in the annex of the Official Gazette no later than on the last working day of the second month after the reference quarter. The highest salaries are found in the city of Vilnius at an average of $1,991 gross per month. Nerijus Mačiulis, DELFI / Tomas Vinickas. Salaries vary significantly between industries and job titles. In Lithuania, wages are benchmarked using average gross salaries. Meet The Team. Moody’s Analytics. A 40-hour workweek is standard. Data sources. Are you looking for the best place to live, work, retire, buy a house or visit? Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), D35 Electricity, gas, steam and air conditioning supply, E36_TO_E39 Water supply; sewerage; waste management and remediation activities, G45_TO_G47 Wholesale and retail trade; repair of motor vehicles and motorcycles, I55_I56 Accommodation and food service activities, K64_TO_K66 Financial and insurance activities, M69_TO_M75 Professional, scientific and technical activities, N77_TO_N82 Administrative and support service activities, O84 Public administration and defense; compulsory social security, Q86_TO_Q88 Human health and social work activities, R90_TO_R93 Arts, entertainment and recreation. While designing the sample, a requirement that the required limit of RSE was 3 per cent in the whole economy by kind of economic activity was taken into account. A person working in Lithuania earns an average gross salary of $22,520/year, $1,734/month, and $9.91/hour, Salaries look even more impressive in net wage thanks to the reduced tax burden. The minimum hourly wage, on the other hand, will increase by 9.7% to €3.72 ($4.10). The better skilled you are, the more employable you become. The average salary in Kaunas is €20k. This indicator is used to make economic job as well as social security-related decisions. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The indicator is given in the information note and in the publication Earnings in 2008 by quarter and Economic and Social Development in Lithuania not later than on the 65th–90th calendar day after the end of the reference quarter.

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