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๐Ÿ’ก Smart Analysis

Comparing Lisbon and Madrid: Average gross pay is 23% 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‡ต๐Ÿ‡น
Lisbon
๐Ÿ‡ช๐Ÿ‡ธ
Madrid

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ35,000/yr
โ‚ฌ43,000/yr
HIGHER
Junior Developer Pay
โ‚ฌ18,000
โ‚ฌ22,000
Mid-Level Developer Pay
โ‚ฌ30,000
โ‚ฌ38,000
Senior Developer Pay
โ‚ฌ48,000
โ‚ฌ58,000
Lead / Architect Pay
โ‚ฌ62,000
โ‚ฌ75,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
โ‚ฌ900
โ‚ฌ1,100
Rent โ€” Suburbs (1 Bed)
โ‚ฌ600
โ‚ฌ750
Groceries (Monthly)
โ‚ฌ200
โ‚ฌ250
Public Transport Pass
โ‚ฌ40
โ‚ฌ60
Utilities (Electricity, Internet)
โ‚ฌ120
โ‚ฌ140
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,300/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‚ฌ1,650/mo
โ‚ฌ2,375/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‚ฌ350/mo
โ‚ฌ825/mo
Months to Save โ‚ฌ10,000
~29 months
~13 months
๐Ÿ‡ต๐Ÿ‡น Complete Lisbon Breakdown & Charts โ†’ ๐Ÿ‡ช๐Ÿ‡ธ Complete Madrid Breakdown & Charts โ†’