Location Factors

Madrid

The location factor for Madrid (Spain) is 0.97, based on local living costs.

This means a €58,126 per year salary would roughly be compareable to €60,000 in Berlin (Germany).
It would be €49,671 based on market rates.

You can also start a calculation based on Madrid.

Name Madrid
🇪🇸
Spain
Chosen Factor 0.97 0.86
Market Rates 0.83 0.77
Consumer Price Index 0.92 0.86
Rent Index* 1.09 0.79
Consumer Price Plus Rent Index 0.97 0.84
Groceries Index 0.87 0.84
Restaurant Price Index* 1.12 0.98
Local Purchasing Power Index* 0.76 0.69
Buffer Location Bracket* C or B C
Currency Euro (EUR)
Income Tax* 0% to 49%
* Not used for index.
Market rates based on GlassdoorPayScaleEurostatNational Sources. Living costs based on Numbeo.

Other locations in Spain

City Factor Based On
Mataró 0.86 Living Costs
Alicante 0.93 Living Costs
Barcelona 0.93 Living Costs
Corunna 0.87 Living Costs
Malaga 0.86 Living Costs
Palma De Mallorca 0.97 Living Costs
Sevilla 0.84 Living Costs
Valencia 0.88 Living Costs
create calculation