What is a good salary in Spain?

A person working in Spain typically earns around 2,710 EUR per month. Salaries range from 830 EUR (lowest average) to 11,400 EUR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers.

What is the highest paid job in Spain?

What is Spain's basic salary?

The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 66 percent from 2008 to 2021, with salaries increasing from 600 euros a month to 1,000 euros a month in 2022.

Can you live on 1000 euros a month in Spain?

Therefore, as a student, it's possible to live in Spain with 1,000 euros per month, as the estimated monthly costs are 611.84€ without rent, according to Numbeo.

Is it cheaper to live in Spain or UK?

Spain has always been well known for generally having much lower living costs than the UK. According to Numbeo, the overall average cost of living in Spain is 18.2% cheaper than in the UK as a whole. One major area contributes to this fact, as rent is on average 33.19% lower in Spain than Britain.

SALARIES In Spain: What to Expect

How much money do you need in the bank to live in Spain?

Savings in a Spanish bank account

You will need to prove you have maintained a minimum of circa €7k in an account for more than 6 months by presenting an Average Balance Certificate from your Spanish bank. We also recommend 6 months stamped statements from the bank, as this has also been requested recently.

Are salaries low in Spain?

In 2022, the average salary in Spain is €2,710 gross per month or €32,520 per year. Since this represents the average, 25% of the population makes less than €1,600 and 75% earns less than €7,080. When compared to other European countries, Spain's average net salary sits in the middle.

What is a good salary Madrid?

As of 2021 the average salary in Madrid is of around 1600 euros per month. In Madrid salaries usually range from 1000 and 3500 euros a month. As you can see, it varies widely depending on your occupation and level of expertise. People working in executive and management position make the most.

Is IT expensive to live in Spain?

Spain, in general, is not an expensive country to live in.

Having a lower average salary, combined with a n unemployment rate higher than in the rest of Europe, helps understand why the current price levels are relatively low . So, in that sense, as a foreigner, you will find that Spain is pretty affordable.

What is the average salary in Spain 2021?

A person working in Spain typically earns around 2,710 EUR per month. Salaries range from 830 EUR (lowest average) to 11,400 EUR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers.

What jobs are in high demand in Spain?

According to the data gathered from the interviews with Human Resources directors, the categories currently in the highest demand in Spain are: Sales (26.34%), Engineering (24.19%), Technology (23.12%), Marketing (9.14%) and Administration, Finance and Legal (4.30%).

Is 40k a good salary in Spain?

Many Spaniards I know would consider anything above 30k a good salary, however most Spanish households have two people working. So two people earning at least 30k is considered enough for the household to live reasonable comfortably. But a household with only one person earning 40k might be cutting it a bit fine.

What's a good salary in Barcelona?

The average salary in Barcelona is of approximately € 1800 per month (net salary). Even if its one of the highest average salaries in the Iberian Peninsula, it is not at the top of the list. The capital Madrid and Bilbao have higher average wages than Barcelona.

Is Spain cheaper than USA?

On average, the cost of living in Spain is 123% cheaper than in the USA. The biggest differences in cost are in rent, utilities, groceries, daycare, and health insurance.

What is a middle class salary in Spain?

The middle-class individuals in Spain have an income of between 7,750 and 39,000 euros, with an average of 18,100 euros.

Is Spain richer than UK?

Spain has a GDP per capita of $38,400 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.

Is Spain richer than Italy?

According to this organization, in 2017 Spaniards' GDP per capita was $38,286 (€31,111), compared with $38,140 (€30,994) for Italians. This figure seems to underscore how both economies have been diverging in recent years.

What are the disadvantages of living in Spain?

Is healthcare free in Spain?

Spain has both public and private healthcare systems. The public system provides free basic healthcare to those who contribute to the Spanish social security system and their families. The public system also provides free healthcare for retirees, including those from other EU countries.

How much does a Spanish resident earn?

Main Applicant - The main visa applicant will need to prove an income of 400% of the Spanish IPREM (Indicador Público de Renta de Efectos Múltiples), which in 2022 equates to €579,02. This means you will need to have an income of at least €2,316,08 per month or its legal equivalent in foreign currency.

How much does it cost to live in Spain per month?

Family of four estimated monthly costs are 2,353$ (2,240€) without rent. A single person estimated monthly costs are 665$ (633€) without rent. Cost of living in Spain is, on average, 29.29% lower than in United States. Rent in Spain is, on average, 52.38% lower than in United States.

What is the most needed job in Spain?

Is IT hard to get a job in Spain as a foreigner?

The overall unemployment rate stands at 14.3%. Of the entire population, 14.5% of the unemployed population includes foreigners. Verdict: It might be hard to find jobs in Spain for expats, but it's not impossible. Once you do find a job, you'll have plenty of good things waiting for you!

Can I get a job in Spain without speaking Spanish?

In most places in Spain, you can probably go about without speaking the language. However, speaking Spanish will help you experience places like a local and help you make the most of your time here.