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๐Ÿ’ก Smart Analysis

Comparing Valletta and Madrid: Average gross pay is 13% higher in Madrid. Cost of living is 30% cheaper in Valletta. With higher take-home and lower expenses, Valletta is a more financially comfortable place to live with an affordability score of 8/10 compared to 7.5/10.

Category Comparison
๐Ÿ‡ฒ๐Ÿ‡น
Valletta
๐Ÿ‡ช๐Ÿ‡ธ
Madrid

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ25,840/yr
โ‚ฌ29,240/yr
HIGHER
Junior Developer Pay
โ‚ฌ13,000
โ‚ฌ14,300
Mid-Level Developer Pay
โ‚ฌ21,760
โ‚ฌ25,840
Senior Developer Pay
โ‚ฌ36,400
โ‚ฌ40,600
Lead / Architect Pay
โ‚ฌ47,600
โ‚ฌ52,500

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‚ฌ200
โ‚ฌ250
Public Transport Pass
โ‚ฌ30
โ‚ฌ60
Utilities (Electricity, Internet)
โ‚ฌ120
โ‚ฌ140
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,090/mo
CHEAPER
โ‚ฌ1,550/mo

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
15%
19%
Social Security Deduction
10%
6%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
โ‚ฌ1,360/mo
โ‚ฌ1,615/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
8
MORE AFFORDABLE
7.5
Monthly Savings Potential
Money left over after all standard cost of living expenses
โ‚ฌ270/mo
โ‚ฌ65/mo
Months to Save โ‚ฌ10,000
~13 months
~13 months
๐Ÿ‡ฒ๐Ÿ‡น Complete Valletta Breakdown & Charts โ†’ ๐Ÿ‡ช๐Ÿ‡ธ Complete Madrid Breakdown & Charts โ†’