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๐Ÿ’ก Smart Analysis

Comparing Porto and Madrid: Average gross pay is 41% higher in Madrid. Cost of living is 32% cheaper in Porto. With higher take-home and lower expenses, Porto is a more financially comfortable place to live with an affordability score of 8.1/10 compared to 7.5/10.

Category Comparison
๐Ÿ‡ต๐Ÿ‡น
Porto
๐Ÿ‡ช๐Ÿ‡ธ
Madrid

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ32,000/yr
โ‚ฌ45,000/yr
HIGHER
Junior Developer Pay
โ‚ฌ17,000
โ‚ฌ23,000
Mid-Level Developer Pay
โ‚ฌ27,000
โ‚ฌ40,000
Senior Developer Pay
โ‚ฌ44,000
โ‚ฌ61,000
Lead / Architect Pay
โ‚ฌ58,000
โ‚ฌ79,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
โ‚ฌ750
โ‚ฌ1,100
Rent โ€” Suburbs (1 Bed)
โ‚ฌ480
โ‚ฌ750
Groceries (Monthly)
โ‚ฌ185
โ‚ฌ250
Public Transport Pass
โ‚ฌ35
โ‚ฌ60
Utilities (Electricity, Internet)
โ‚ฌ110
โ‚ฌ140
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,057/mo
CHEAPER
โ‚ฌ1,550/mo

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
23%
19%
Social Security Deduction
11%
6%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
โ‚ฌ1,485/mo
โ‚ฌ2,500/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
8.1
MORE AFFORDABLE
7.5
Monthly Savings Potential
Money left over after all standard cost of living expenses
โ‚ฌ428/mo
โ‚ฌ950/mo
Months to Save โ‚ฌ10,000
~23 months
~11 months
๐Ÿ‡ต๐Ÿ‡น Complete Porto Breakdown & Charts โ†’ ๐Ÿ‡ช๐Ÿ‡ธ Complete Madrid Breakdown & Charts โ†’