Report: San Francisco salaries highest in the world

Man evicted after rent increased by $6,200 a month
Posted at 4:53 PM, May 21, 2019
and last updated 2019-05-21 19:53:11-04

People in San Francisco make the highest salaries in the world, according to a new report by Deutsche Bank.

According to the report, San Francisco beat out Zurich, Switzerland this year.

Zurich had a long-standing dominance on the list, but people in San Francisco are paid nearly $1,000 per month more than those in the Swiss city.

The report shows that San Francisco residents make an average of $6,526 per month. In Zurich, the average is $5,896.

Although that may seem like a lot of cash to have on hand, monthly rent in the California city costs more than $3,600, according to the report.