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- Geography
Data Science & data scientist is more than a buzzword in the tech community. They are electrifying words that explore and analyze TBs of data that is generated every day to extract insightful business information. Organizations across industries have realized that data is an untapped treasure trove that requires data scientists to cast a spell. Between January 2015 and 2018, job postings for data scientists grew 75%, and the number only increased in 2019 and 2020.
The demand for data scientists shows no signs of slowing as the job portal site Indeed reported steady growth for highly skilled, high-salary data science jobs. Data science also topped the Best Jobs In America list on Glassdoor for the past three years, with top skills required by recruiters being Python, R, SQL, Hadoop, Spark, SAS, Java, Matlab, and Hive.
According to information on Indeed, data scientists earn an average of approximately $130,000. But what are the places with the highest salaries in the field of data science? Here are the top global cities to get hired as a data scientist.
Known as an alternative to Silicon Valley, this is a mid-sized town with good weather conditions, affordable cost of living, and comparatively lower cost of housing. Raleigh, Durham, and Chapel Hill (A.K.A the tech triangle) are home to big companies like Lenovo and Cisco. The average salary of a data scientist here is over $52,000 annually.
Singapore city is the sixth-best smart city in the world and the government has a strong determination towards technology. The city boasts autonomous vehicles, artificial intelligence, and big government spending for IT. The average salary for a data scientist is also about $52,000 per year, but you will have the chance to live and work in the leading Southeast Asian country.
Another up-and-coming tech city, Phoenix has warm weather, comfortable cost of living, and culture. The average salary here is approximately $140,000 on average while the median salary is under $50,000. Working here will give you good purchasing power, thanks to its standard of living and high tourism that will save you a lot of taxes.
Dublin is the newest cloud gateway to Europe with server plants for Google, Amazon, and Facebook. Because Dublin has a cluster of big data centers, this city attracts the best data scientists. The average salary of a lead data scientist is about $100,000 with added advantages of happening nightlife, and the perfect place to start your European exploration.
This US city is a hub for Fortune 500 companies in the southeast. The city has some of the big shots from the music, shopping, and technology industry with a highly affordable cost of living. While the average salary fluctuates, you can get a data scientist job in many big companies that will pay you a good price.
One of the most resounding names in the UK for artificial intelligence and FinTech, there will always be more than 1000 job postings for data scientists. London has a 1 billion pound deal with the UK government and it's home to the Alan Turing Institute and many tech summits and conferences. While the average salary is just over $57,000, there are plenty of networking opportunities to get yourself in some of the biggest data science projects.
Compared to other European hubs, Paris has a lower cost of living and is on the radar of tech giants like IBM, Amazon, Facebook, Samsung, and Deepmind. Touted as one of the most historic cities with a rich culture, the average salary here is about $55,350 which can increase as the French government is determined to boost IT spendings.
This article would have been incomplete without the mention of Silicon Valley. It's one of the most expensive cities in the US and one of the wealthiest, with a young and innovative population. With a data scientist job here that will earn you an average of $150,000 per year, you will be at the forefront of tech innovation.
India is expected to become the biggest economy in the world soon. This Indian city hosts several foreign tech firms and since it's an emerging market and industry in India, you can aspire to become a leader in the field of data science. The cost of living is way cheaper than most tech countries in the world and you have lots to explore in a four-thousand-year-old historic country.
The automotive hub and one of Europe's hottest spots for startups, the cost of living is 43% lower than London. Germany has Europe's strongest economies where experts estimate that every 20 minutes a startup is founded. Who wouldn't want to work in such a robust tech city as a data scientist?
