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๐Ÿ’ก Smart Analysis

Comparing Toulouse and Madrid: Average gross pay is 11% higher in Toulouse. Cost of living is 13% cheaper in Madrid. With higher take-home and lower expenses, Madrid is a more financially comfortable place to live with an affordability score of 7.5/10 compared to 7.1/10.

Category Comparison
๐Ÿ‡ซ๐Ÿ‡ท
Toulouse
๐Ÿ‡ช๐Ÿ‡ธ
Madrid

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ50,000/yr
HIGHER
โ‚ฌ45,000/yr
Junior Developer Pay
โ‚ฌ27,000
โ‚ฌ23,000
Mid-Level Developer Pay
โ‚ฌ44,000
โ‚ฌ39,000
Senior Developer Pay
โ‚ฌ66,000
โ‚ฌ60,000
Lead / Architect Pay
โ‚ฌ85,000
โ‚ฌ78,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
โ‚ฌ1,100
โ‚ฌ1,100
Rent โ€” Suburbs (1 Bed)
โ‚ฌ715
โ‚ฌ750
Groceries (Monthly)
โ‚ฌ305
โ‚ฌ250
Public Transport Pass
โ‚ฌ58
โ‚ฌ60
Utilities (Electricity, Internet)
โ‚ฌ155
โ‚ฌ140
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,783/mo
โ‚ฌ1,550/mo
CHEAPER

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
23%
19%
Social Security Deduction
22%
6%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
โ‚ฌ2,016/mo
โ‚ฌ2,437/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
7.1
7.5
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
โ‚ฌ233/mo
โ‚ฌ887/mo
Months to Save โ‚ฌ10,000
~43 months
~11 months
๐Ÿ‡ซ๐Ÿ‡ท Complete Toulouse Breakdown & Charts โ†’ ๐Ÿ‡ช๐Ÿ‡ธ Complete Madrid Breakdown & Charts โ†’