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๐Ÿ’ก Smart Analysis

Comparing Madrid and Lisbon: Average gross pay is 24% higher in Madrid. Cost of living is 16% cheaper in Lisbon. With higher take-home and lower expenses, Lisbon 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
Madrid
๐Ÿ‡ต๐Ÿ‡น
Lisbon

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ41,000/yr
HIGHER
โ‚ฌ33,000/yr
Junior Developer Pay
โ‚ฌ21,000
โ‚ฌ17,000
Mid-Level Developer Pay
โ‚ฌ36,000
โ‚ฌ29,000
Senior Developer Pay
โ‚ฌ55,000
โ‚ฌ46,000
Lead / Architect Pay
โ‚ฌ71,000
โ‚ฌ59,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
โ‚ฌ1,100
โ‚ฌ900
Rent โ€” Suburbs (1 Bed)
โ‚ฌ750
โ‚ฌ600
Groceries (Monthly)
โ‚ฌ250
โ‚ฌ200
Public Transport Pass
โ‚ฌ60
โ‚ฌ40
Utilities (Electricity, Internet)
โ‚ฌ140
โ‚ฌ120
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,550/mo
โ‚ฌ1,300/mo
CHEAPER

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
19%
23%
Social Security Deduction
6%
11%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
โ‚ฌ2,250/mo
โ‚ฌ1,595/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
7.5
7.8
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
โ‚ฌ700/mo
โ‚ฌ295/mo
Months to Save โ‚ฌ10,000
~14 months
~34 months
๐Ÿ‡ช๐Ÿ‡ธ Complete Madrid Breakdown & Charts โ†’ ๐Ÿ‡ต๐Ÿ‡น Complete Lisbon Breakdown & Charts โ†’