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The Ideal Salary Of A Programmer In Nigeria by sparkle6(m): 1:11pm On May 03, 2018
Us programmers receive a salary of approximately $69,000/year <junior programmer>. That is $5750 per month.
Now lets do the Math...
$1 = N300 (approx.)
$69,000 * 300 = N20.7mil.
And N20.7m/12 months = N1.7m/month.
Quick Maths.
Re: The Ideal Salary Of A Programmer In Nigeria by delishpot: 1:40pm On May 03, 2018
sparkle6:
Us programmers receive a salary of approximately $69,000/year <junior programmer>. That is $5750 per month.
Now lets do the Math...
$1 = N300 (approx.)
$69,000 * 300 = N20.7mil.
And N20.7m/12 months = N1.7m/month.
Quick Maths.

Try working online na. Look for companies that hire remote workers in the field

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Re: The Ideal Salary Of A Programmer In Nigeria by CodeTemplar: 4:38pm On May 03, 2018
Things don't work that way here. The businesses here don't utilize IT to same level as US businesses and don't earn or have what US business earn.
Re: The Ideal Salary Of A Programmer In Nigeria by seunoni34(m): 11:32am On May 06, 2018
CodeTemplar:
Things don't work that way here. The businesses here don't utilize IT to same level as US businesses and don't earn or have what US business earn.
exactly! It's an unjust & unfair comparative.
Re: The Ideal Salary Of A Programmer In Nigeria by holuphisayor(m): 1:27pm On May 06, 2018
your calculation didn't cover utility bills, tax ?

you have your own expenses too(fuel, grocery shopping etc)

cos you earn $5k doesn't mean you will save $3k
Re: The Ideal Salary Of A Programmer In Nigeria by WhiZTiM(m): 8:20am On May 07, 2018
sparkle6:
Us programmers receive a salary of approximately $69,000/year <junior programmer>. That is $5750 per month.
Now lets do the Math...
$1 = N300 (approx.)
$69,000 * 300 = N20.7mil.
And N20.7m/12 months = N1.7m/month.
Quick Maths.

There are a lot of missing pieces in your estimates; as I say, that's the "Ego salary" - yes, "Ego" in its English meaning.

All figures you see are almost always gross salary.

- There are multiple Taxes to be paid, some countries with progressive tax can get you a cumulative tax of up to 50% of your Gross salary, depending on Tax band.

For your specific calculation, in the US, depending on multiple factors(state you live, other deductibles, etc), you are likely to take home $48K ~ $57K net...

in practice, the numbers(gross salaries) are higher for fortune 500 companies

- heavily depending on where you live, county/state, the rents are at astronomical numbers compared with what you pay in Nigeria. Rental prices are monthly...

And your rents are easily from N300K per month (studio or single bedroom) to N1m per month (3 bedroom house. And still, this is typically outside utilities costs...

- So house rents (converted to the Nigerian sense) will be between N3.5Milion per year (self con) to N12.0Milion per year(comfortable family of 5+)

...so, you can expect your net to drop from 1.7M as you said to 1.3M on taxes and deductions; further to N800K+ after rent's...

.... however, that doesn't mean they don't live a better life than Nigerians. Sadly.

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