Remote Software Engineer Salary Insights Report
International tech hiring is booming. Businesses and software engineers want to know how salaries compare around the world. Terminal's 2026 Remote Engineer Salary Report equips employers and candidates with the data they need to inform the hiring process and make better employment decisions.
NEW for 2026: view both full-time software engineering salaries AND monthly contract rates!
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Canada
Median Salary: $121,124
Salaries are 37% lower than the U.S.
Median Contract Rate: $11,631 / mo.
Close in proximity and culture to the U.S., Canada’s tech salaries are typically higher than those in Latin America and Europe, though significantly lower than U.S. salaries.
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Latin America
Median Salary: $103,075 - $106,918
Salaries are 44-46% lower than the U.S.
Median Contract Rate: $9,789 / mo. - $10,642 / mo.
A premier nearshore tech talent region, Latin America’s salaries are comparable across countries, including Chile, Colombia, Costa Rica, and Mexico, though Costa Rican engineers typically earn the most.
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Europe
Median Salary: $77,646 - $93,521
Salaries are 51-60% lower than the U.S.
Median Contract Rate: $7,048 / mo. - $10,540 / mo.
Europe shows the greatest variation in salaries, with the highest in Hungary, a long-established tech hub, and the lowest in Spain, an emerging player in tech talent.
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Packed with data, this report illuminates the top markets for talent and the most lucrative career paths.
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