Zurich, Switzerland, is one of the most expensive cities in which to run a startup, totaling close to $315,000 (in US dollars) a year for basic salaries and office space. Sydney, Australia comes in a close second at $310,000.
Those are the average costs across eight cities, calculated and compiled by Rob Rawson, co-founder of Staff.com, a recruiting platform. In an infographic, published below, Rawson looks at web developer yearly salaries, plus web designer salaries, plus office costs.
Office costs are steepest in London, at $64,000 a year, and a very good bargain in Manila. Developers in Zurich command the highest salaries, at about $100,000 a year. Developers in Mumbai and Manila have the lowest incomes, paid $14,000 and $12,000 a year, respectively.
While costs vary greatly -- driven by cost of living -- there is a commonality in these startups across the globe. The common language is the Web and internet, with the burgeoning digital economy as a global platform for all new ideas.
(Thumbnail photo: Joe McKendrick.)
This post was originally published on Smartplanet.com