Average Salary in Madrid, Spain While the minimum wage is showing a constant year to year growth in Madrid, average salaries remain the same for the past years. As of 2021 the average salary in Madrid is of around 1600 euros per month. In Madrid salaries usually range from 1000 and 3500 euros a month.
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What salary do you need to live in Madrid?
That’s why I think, in order to comfortably live in Madrid and enjoy your time here, you need to be bringing in at least 1000€ each month. If you want to live a bit more than comfortable, then you should plan to make around 1200€ each month.
Is 40000 a good salary in Madrid?
The short answer is “Yes”. That’s above the average income in Spain.
How much do you need to make to live comfortably in Madrid?
This is not an issue, however, as the average cost of living in Spain also tends to be less than the other countries. Expats living in Spain report that the cost to live comfortably in a big city like Madrid is between €1,700-1850 ($2,000-2,200)per month for a couple.
Whats a high salary in Spain?
While you will earn an average of € 3,130 in the metropolis Barcelona, you can expect an average salary of € 2,910 in Málaga. Don’t forget: the cost of living in Barcelona is higher than in Málaga.
The largest cities in Spain offer the highest average salaries.
| City | Average Salary |
|---|---|
| Sevilla | € 3,020 |
| Bilbao | € 2,690 |
Is Madrid Spain expensive to live?
Spain is known to be an affordable destination for travellers, especially for Western Europe. And while Madrid is more expensive than most other Spanish cities, it certainly doesn’t cost as much to live here compared to other major European cities such as London, Copenhagen, or Stockholm.
What is an average salary in Spain?
Average annual wages in Spain 2000-2020
Over this 20-year period, annual wages in Spain fluctuated greatly, ranging from a low of 26.3 thousand euros in 2006 to a high of approximately 29.4 thousand euros in 2009. The average annual wage stood at approximately 267.5 thousand euros in 2020.
Is 30000 a good salary in Spain?
The median (much more realistic than the average) is around 30,000 euros per year.But if you are going to live alone in a rented flat, and taking into account all the expenses you may have, any salary over 2,000 euros per year would be considered a good salary in Barcelona.
What is the median income in Madrid Spain?
List of autonomous communities by median income
| Autonomous community | Median income | Year |
|---|---|---|
| Balearic Islands | €1,509 | 2014 |
| La Rioja | €1,517 | 2014 |
| Madrid | €1,927 | 2014 |
| Murcia | €1,454 | 2014 |
How much do doctors make in Madrid?
Doctor in Madrid, Spain Area Salaries
| Job Title | Location | Salary |
|---|---|---|
| Universidad Politécnica de Madrid Profesor ayudante doctor salaries – 2 salaries reported | Madrid, Spain Area | €27,602/yr |
| Universidad Complutense de Madrid Profesor contratado doctor salaries – 1 salaries reported | Madrid, Spain Area | €32,849/yr |
Is it cheaper to live in Spain or UK?
Spain has always been well known for generally having much lower living costs than the UK. According to Numbeo, the overall average cost of living in Spain is 18.2% cheaper than in the UK as a whole. One major area contributes to this fact, as rent is on average 33.19% lower in Spain than Britain.
Is it more expensive to live in Madrid or Barcelona?
Cost of Living Comparison Between Madrid and Barcelona
You would need around 3,448.89€ in Barcelona to maintain the same standard of life that you can have with 3,300.00€ in Madrid (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
Is it worth going to Madrid?
The Spanish capital makes for a fantastic city break. From its buzzing atmosphere to its unrivalled art scene – there are many reasons why Madrid is well worth a visit.
Is 60000 euros a good salary in Spain?
What is a “salary package”? In Spain a good salary is 2,000-2,500€ per month (after taxes), an exceptional salary is 3,500-4,000€ per month onwards. A salary with which you can live without difficulties is 1,500€ per month.
Is 50k a good salary in Spain?
For a 50.000€/year gross salary, you can expect about 35.000€/year net income. The average net household income in Catalunya is about 31.000€/year, and it’s 35.000€ in Barcelona city. So, if your salary is the only household income, then it would be pretty average in Barcelona city.
What is a good salary to live in Spain?
(And the famous Spanish sunshine you get for free.) Leaving aside rent or mortgage payments—and depending on your lifestyle—a couple could easily live on $20,000 to $22,000 a year and still eat out regularly.
Is Madrid safe?
Madrid is generally a safe city, although you should, as in most European cities, be wary of pickpockets on transport and around major tourist sights. Although you should be careful, don’t be paranoid; remember that the overwhelming majority of travellers to Madrid rarely encounter any problems.
Is it cheaper to live in Spain or USA?
Although not all expats in Madrid are from cities as expensive as San Francisco, it’s undeniable that for Americans, the cost of living in Spain is pretty cheap.According to Expatistan’s cost of living calculator, it’s 27% more expensive to live in the United States than it is to live in Spain.
Where should I live in Madrid?
The best classified websites to find a rental apartment in Madrid are:
- Fotocasa – entirely free, with the largest number of flat rentals.
- Idealista – entirely free, very well designed, easy to search and use.
- Spotahome– charges a small booking fee, excellent for medium-term rentals.
What is a good salary in Valencia Spain?
Salary rankings by profession
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| Financial Analyst | $47,147 | 112/265 |
| Chemical Engineer | $44,645 | 130/265 |
| Finance Manager | $40,902 | 170/265 |
| Project Manager | $39,020 | 157/265 |
Are teachers paid well in Spain?
A new report shows Spanish teachers start off earning more than in most countries worldwide. But their pay increases don‘t quite keep up with the rest over time.Spain’s entry level salary for such teachers was also nearly $8,500 above the OECD average and the EU average, $32,485 and $32,274 respectively.
