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Johannesburg Market Data

Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in Johannesburg.

About Johannesburg

Africa’s mining finance and corporate HQ cluster with strong executive pay.

Johannesburg represents a primary financial and business hubin South Africa, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.

Key Market Indicators

Cost of Living
92

Index score (100 = global average)

Rent Index
69

Housing cost indicator

Median Income
R 56 500

Estimated professional median

Tax System in South Africa

South Africa levies progressive personal taxes administered by SARS alongside UIF and skills development levies. Medical credits reduce liabilities for many professionals.

Example Calculation

For a professional earning R 56 500 annually in Johannesburg:

Gross Income
R 56 500
Net Income
R 55 370
Tax Rate
2.0%
Monthly Take-Home
R 4 614

Popular Salary Benchmarks

Explore compensation data for key roles in Johannesburg

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Frequently Asked Questions

What is the cost of living in Johannesburg?
Johannesburg has a cost of living index of 92 and a rent index of 69, making it one of the more expensive cities globally. Housing costs are manageable relative to other major cities.
How does the tax system work in South Africa?
South Africa levies progressive personal taxes administered by SARS alongside UIF and skills development levies. Medical credits reduce liabilities for many professionals.
What is a good salary in Johannesburg?
For professionals in Johannesburg, we estimate the median income at approximately R 56 500. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in prime districts.
What industries are strongest in Johannesburg?
Johannesburg is a major business hub with strong presence across multiple sectors. The city's status as a financial and technology center attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.