Cities with the highest average salaries. – Bank – December 9, 2023

Average salary is a statistical indicator of the average value of salary within a particular group of workers or economic sector. Average salary, calculated by adding up all salaries and dividing by the number of workers, provides an overview of the typical income of a specific population. However, it is important to note that averages can be influenced by extreme values, such as very high or low salaries, which can distort the interpretation of the overall salary landscape. Therefore, for a more comprehensive analysis of salary distribution, other indicators such as median are also taken into account.