What is the average take-home salary in South Africa?
The BankServ Africa Take-home Pay Index (BTPI) shows the average salary for February was R15,517 on a seasonally adjusted basis in real terms. This is in line with the revised BTPI base, adapted to the CPI in December 2021. The nominal average take-home pay was 1.3% up and reached R16,022 in February 2022.
What is a livable salary in South Africa?
Living Wages in Context (monthly rates in ZAR)
| 2016 | 2019 | |
|---|---|---|
| Living Wage – Single Adult | 4450-6520 | 4870-7330 |
| Living Wage – Typical Family | 7690-10600 | 8240-11500 |
| Real wage of low-skilled worker | 3110-4400 | 3330-4680 |
| Real wage of medium-skilled worker | 6220-9680 | 6620-10200 |
What is middle class salary in South Africa?
The stats from FNB suggest that the average middle-income consumer, earning between R180,000 and R500,000 a year, survives on 20% of their monthly salary for more than 20 days in a month.
What is a basic salary in South Africa?
Minimum Wages in South Africa averaged 21.41 ZAR/Hour from 2019 until 2022, reaching an all time high of 23.19 ZAR/Hour in 2022 and a record low of 20 ZAR/Hour in 2019. This page provides – South Africa Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
What is a big salary in South Africa?
A biomedical engineer in their early career with 1-4 years of experience makes an average of 303,000 Rands per year. A biomedical engineer with 5-9 years of experience earns an average of 420,000 Rands per year, whereas a biomedical engineer with more than 10 years of experience can earn up to 734,000 Rands per year.