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๐Ÿ’ก Smart Analysis

Comparing Valencia and Madrid: Average gross pay is 22% higher in Madrid. Cost of living is 23% cheaper in Valencia. With higher take-home and lower expenses, Valencia is a more financially comfortable place to live with an affordability score of 7.8/10 compared to 7.5/10.

Category Comparison
๐Ÿ‡ช๐Ÿ‡ธ
Valencia
๐Ÿ‡ช๐Ÿ‡ธ
Madrid

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ37,000/yr
โ‚ฌ45,000/yr
HIGHER
Junior Developer Pay
โ‚ฌ20,000
โ‚ฌ23,000
Mid-Level Developer Pay
โ‚ฌ33,000
โ‚ฌ39,000
Senior Developer Pay
โ‚ฌ52,000
โ‚ฌ60,000
Lead / Architect Pay
โ‚ฌ67,000
โ‚ฌ78,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
โ‚ฌ900
โ‚ฌ1,100
Rent โ€” Suburbs (1 Bed)
โ‚ฌ580
โ‚ฌ750
Groceries (Monthly)
โ‚ฌ230
โ‚ฌ250
Public Transport Pass
โ‚ฌ48
โ‚ฌ60
Utilities (Electricity, Internet)
โ‚ฌ130
โ‚ฌ140
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,201/mo
CHEAPER
โ‚ฌ1,550/mo

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
19%
19%
Social Security Deduction
6%
6%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
โ‚ฌ2,062/mo
โ‚ฌ2,437/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
7.8
MORE AFFORDABLE
7.5
Monthly Savings Potential
Money left over after all standard cost of living expenses
โ‚ฌ861/mo
โ‚ฌ887/mo
Months to Save โ‚ฌ10,000
~12 months
~11 months
๐Ÿ‡ช๐Ÿ‡ธ Complete Valencia Breakdown & Charts โ†’ ๐Ÿ‡ช๐Ÿ‡ธ Complete Madrid Breakdown & Charts โ†’