If you earn this amount every month, then you are considered rich

How much salary do you need to earn to be considered “rich”? Although the answer may seem subjective, specific thresholds give a more concrete idea.

In France, the question of wealth is often discussed. What amount can be considered “rich”? Although it all depends on how you live and where you live, certain numbers give a more accurate representation.

According to Observatories for inequalitya net salary of 3,860 euros per month for a single person officially marks entry into the “rich” category.

Symbolic Threshold for ‘Rich’

You don’t need millions in the bank to be considered rich in France!

According to experts, if you earn 3,860 euros net per month as a single person, you belong to the seven percent of the richest French people. But be careful, this figure varies quickly depending on your family situation. If you are a couple with two children, this amount rises to 9,650 euros per month to reach this enviable status.

The place where you live changes everything!

Regardless of whether you live in Paris or in the provinces, the perception of wealth can vary from one to two. In Paris, where the cost of living is known to be high, you need to earn around €6,000 net per month to be in the top 10% of the richest.

In other regions this amount can be much lower, especially in rural areas or cheaper cities. Place of residence therefore plays a central role in defining what it means to be ‘rich’.

Wealth is not just a salary

Being rich doesn’t just depend on your salary. Assets also come into play. Also, according to the Inequality Observatory, if your assets exceed €531,000, you can also claim “rich” status, even without an impressive salary. This includes your real estate, your financial investments and all your investments. In short, being rich also means knowing how to invest your money wisely.

What about the upper middle class?

If the rich start from 3,860 euros per month, what about the upper middle class? This category includes those whose income is from 2,260 to 3,100 euros net per month. They are not “rich”, but live quite comfortably. Here again, where you live and lifestyle make a difference, especially when it comes to managing your daily expenses.