The complete guide to the average salary in Spain (2024) (2024)

The complete guide to the average salary in Spain (2024) (1)

Marle

Updated on Mar 18 • 8 minute read

Working

Working expats who want to move to Spain need a Spanish work visa in order to legally reside and work here. But to get a work visa, you need to have an offer from a company in Spain. But how do you know if the offer is good?

This article will help you negotiate for a better offer or a raise by understanding:

  • The minimum salary in Spain
  • The average salary in Spain in 2024
  • A good salary to live comfortably
  • Average salaries across the industries
  • And what factors influencer your salary.

The complete guide to the average salary in Spain (2024) (2)

Is Spain a good place to work?

Although Spain has the highest youth unemployment rate and a comparatively low average salary within the EU, it continues to be an attractive place for expats.

Of the many reasons to move to Spain, young expats are attracted to the high quality of life, good work-life balance, and cheaper cost of living. So once expats get a well-paying job in Spain, the benefits of life in Spain outweigh the time it takes to find a relevant job for English speakers.

The biggest and the best cities in Spain are great places to work as they have a big expat network and much more job opportunities__ for English speakers. So if you’re looking for a job, we recommend looking at the main Spanish cities and then applying at one of the top companies in Spain that offer a working visa to foreigners.

What's the minimum salary in Spain in 2024?

As of 2024, the minimum salary in Spain is €1,323 per month for a full-time employee working 40 hours a week. The minimum wage per hour in Spain is €8.87. For those receiving wages over 14 payments, the minimum monthly salary amounts to €1,134, with two additional payments in July and December. This totals to an annual income of €15,876. This reflects a 5% increase in the minimum wage since 2023.

Most companies in Spain make 14 payments in a year-12 monthly payments plus an additional payment in July and in December.

With these levels, Spain has the 8th highest minimum wage (salario mínimo interprofessional or SMI) out of 22 European countries. Since 2008, the minimum monthly salary in Spain grew by about 54%.

Do interns get minimum wage in Spain?

Unfortunately, this minimum wage doesn't always apply to interns in Spain. If you’re still studying in Spain, you’ll most likely be compensated a maximum of €300 for travel or lunch. But if you’ve graudated and are undertaking an extracurricular internship, you should get at least minimum wage.

What is the average salary in Spain in 2024?

In 2024, the average salary in Spain is €2,250 gross per month or €27,000 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.

CountryAverage Net SalaryComparison with Spain
Spain€1,785baseline
Netherlands€2,629+47%
Germany€2,565+44%
Sweden€2,525+41%
France€2,275+27%
Italy€1,446-20%
Estonia€1,200-33%
Portugal€859-52%
Greece€742-59%

Although the average salary in Spain is in the middle when compared to the average salary across the 27 European countries, you’ve to remember that Spain’s cost of living is also considerably lower.

What's a good salary for a comfortable life in Spain?

The complete guide to the average salary in Spain (2024) (3)

Considering the average cost of living in Spain, a good monthly net salary for a comfortable life in Spain is €2,700 for a single person or €4,000 for someone supporting their family.

For your reference, this is how much you can expect to spend on rent, groceries, health insurance, public transport, and leisure costs per month in Spain:

  • €1,100 per month for a single person on a tight budget.
  • €1,750 per month for a single person with a moderate budget.
  • €2,200 to €2,881 per month for a family with children.

Don’t forget that in Barcelona is expensive and you need to earn more than than in cities such as Màlaga or any suburb. So keep this in mind when negotiating your salary!

The average salary in Spain (per career sector)

Your career choice is the determining factor for your true average salary. In 2023, the high-paying jobs in Spain were for lawyers and doctors. Doctors earned an average monthly salary of € 6,010, while lawyers earned €5,258 euros per month. Here are some other high-paying jobs in Spain and their average salaries.

Job TitleAverage Salary in Spain
Accountant€ 2,100
Human Resources Manager€ 4,150
Bank Branch Manager€ 5,125
Business Analyst€ 3,616
Sales Manager€ 4,591
Project Manager€ 3,441
Dentist€ 6,575
Pharmacist€ 3,650

But remember, this is just the average salary and that the actual salary you might get or deserve, depends on a variety of factors.

Factors that influencer your salary

Needless to say, the average salary only gives you only a benchmark of what you can expect. In the end, your actual gross salary depends on these 6 factors:

  1. Career field
  2. Location in Spain
  3. Nationality
  4. Experience level
  5. Level of education
  6. Gender

1. Your salary varies with your career field.

As you can see from the previous table, the salary you earn in Spain (or anywhere else) heavily depends on which career field you choose.

Some of the highest paying jobs in Spain include:

  • Surgeon: €64,500 yearly
  • Project manager engineer: €59,900 yearly
  • Sales manager: €58,880 yearly
  • IT director: €48,000 yearly

Overall, the sectors that pay the highest salaries include banking, insurance, health, engineering, and IT.

The complete guide to the average salary in Spain (2024) (4)

As an expat, it’s also good for you to know that some of the most in-demand jobs in Spain are high paying and difficult to fill locally. So if you want to apply for a job in Spain, consider these professions:

  • Data scientist
  • Computer engineer
  • Computer programmer or engineer
  • Commercial technician
  • Business developer
  • Account manager (with multilingual capabilities)
  • Doctor
  • Qualified operators.

The complete guide to the average salary in Spain (2024) (5)

2. The largest cities offer the highest average salaries in Spain

The complete guide to the average salary in Spain (2024) (6)

The average salary in Spain varies based on your location. While you will earn an average of €3,130 in the metropolis Barcelona, you can expect an average salary of €2,910 in Málaga.

Don't forget: the cost of living in Barcelona is higher than in Málaga.

CityAverage Salary
Barcelona€3,130
Madrid€3,190
Valencia€3,080
Málaga€2,910
Sevilla€3,020
Bilbao€2,690

3. Your experience level drives your wage

Your pay rate will increase as you gain work experience. As a guideline, with 2-5 years of work experience, you’ll earn an average of 32% more than an entry-level employee. With more than 5 years of experience, you can expect a raise of 36% and with 10+ years of experience, a 21% raise.

4. Your Non-EU status can be beneficial

In general, non-EU expats tend to earn more than the average annual salary as they need a work visa. Since a work visa is granted to those who’re filling a job on the shortage list, you’re in high demand. In other words, since the government cannot favour local employees to help the country’s unemployment situation, it translates to a higher salary for expats.

Alternatively, highly skilled or educated expats can also apply for the highly skilled worker visa which has a minimum salary requirement of €55,142 a year for managers or directors and €40,077 a year for scientists.

Either way, expats can earn higher average salaries than locals as they’re in demand for fulfilling hard to fill positions.

5. Your level of education sets the tone

In some sectors or for some professions, a higher education matters a lot. If you believe a higher education makes you a better candidate, then you can use your level of education as an argument for your salary in a job interview.

Take these figures as a reference for your monthly income:

Education LevelHigher salary in %
Diploma or certificate+ 17% more than high school diploma
Bachelor's Degree+ 24% more than with certificate only
Master's degree+ 29% more than Bachelor's Degree
PhD+ 23% more than Master's Degree

6. Your gender still shapes your salary

Even though it's 2023 Spain is still behind in getting gender pay equality. Unfortunately gender continues to negatively influence salary in Spain and women earn on average 4% less than their male counterparts.

GenderAverage Gross Salary
Male€2,770
Female€2,660

Don't use this factor as an indicator to settle on your gender-determined salary. Instead, use it as an incentive to get to the same level as men as a woman.

Please reach out to content@housinganywhere.com if you have any suggestions or inquiries about the content on this page.

The complete guide to the average salary in Spain (2024) (2024)

FAQs

The complete guide to the average salary in Spain (2024)? ›

1. Average wages. The average salary

average salary
The national average salary (or national average wage) is the mean salary for the working population of a nation. It is calculated by summing all the annual salaries of all persons in work and dividing the total by the number of workers.
https://en.wikipedia.org › wiki › National_average_salary
in Spain has seen a range of fluctuations over the years, influenced by the country's economic performance, inflation rates, and other various factors. As of the latest data available, the average monthly salary in Spain is approximately 2,710 EUR per month.

What is the average salary in Spain 2024? ›

In 2024, the average salary in Spain is €2,250 gross per month or €27,000 per year. Since this represents the average, 25% of the population makes less than €1,600 and 75% earns less than €7,080.

Is $50,000 euros a good salary in Spain? ›

It is possible to live comfortably and save money in Barcelona with a 50,000 euro annual salary . The cost of living in Barcelona is lower compared to other major European cities , such as London or Paris . However , it is important to budget wisely and prioritize expenses .

What is considered a good salary in Spain? ›

Overall, Spain is a relatively affordable country to live in. A salary of €30,000 or more is considered to be good and would allow you to live comfortably in most parts of the country. The below salaries have been sourced from Salary Expert, Payscale and Salary Explorer.

What is the average salary in Spain in US dollars? ›

The wages and other monetary benefits that come with employment are an important aspect of job quality. Spaniards earn USD 37 922 per year on average, less than the OECD average of USD 49 165.

Is 70000 euros a good salary in Spain? ›

It is a really good salary for Madrid, and even a family of 4 or 5 can live easily on this salary, even saving for holidays and retirement or investments, provided your make use of public health services and education and don't spend a lot on crazy luxuries. This salary is almost 3 times an average salary here.

Is 1500 euros a good salary in Spain? ›

Is 1500 euros a good salary in Spain? 25% of Spanish earn under €1,600 monthly, but whether it's good or not largely depends on the city where you'll be living.

What salary is considered upper class in Spain? ›

Average earnings in Spain 2020-2022, by percentile

The average pre-tax income of the top ten percent earners in Spain was over 95,500 euros at purchasing power parity (PPP) as of 2022, almost nine times more than the average income of the bottom half earners.

How much do you need to make in Spain to live comfortably? ›

To live comfortably in Spain, a single person might need around €1,200 to €1,500 per month, covering all basic expenses including rent, groceries, and social security contributions. The cost of living in Spain for a family would naturally be higher, depending on the size of the family and lifestyle choices.

What is the 100 euro rule in Spain? ›

It was reported correctly, that this was set at €100 a day with a minimum amount of €900. This could be in the form of a bank or credit card statement, or even cash. However, for people visiting on a pre-booked holiday, with accommodation already sorted and return flights booked, this is extremely unlikely to happen.

What pays well in Spain? ›

Highest Paying Jobs In Spain
  • Surgeons/doctors.
  • Judges.
  • Lawyers.
  • Bank managers.
  • CEOs (Chief Executive Officer)
  • CFOs (Chief Financial Officers)
  • Orthodontists.
  • College Professors.
Jul 6, 2023

What is the cheapest city to live in Spain? ›

Lugo, Spain's cheapest city to live in

It also has a rich food culture based on local products such as cheese, octopus, meat and wine. Living in Lugo has many advantages, including a quiet lifestyle, mild climate, being close to nature and low cost of living.

Are Spain's taxes high? ›

The Institute of Economic Studies (IEE) has published the Tax Competitiveness Report 2022. According to the report, Spain is ranked 34 out of the 38 countries analyzed according to the fiscal competitiveness index (two places below 2021)..

Is it cheaper to live in Spain or USA? ›

This's especially true if you're planning to work remotely and earn in USD. 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.

How much is a house in Spain in US dollars? ›

Average costs of buying a house in Spain
Cost in city center (sqft)Cost outside of city center (sqft)
Madrid³474.22 USD338.89 USD
Barcelona³427.75 USD274.30 USD
Valencia⁴274.22 USD143.06 USD
Sevilla⁴283.38 USD187.29 USD
Jun 1, 2022

What is the middle class in Spain? ›

If we set different income thresholds in each autonomous community region, taking account of the differing income levels, middle-class individuals in Spain have an income of between 7,750 and 39,000 euros, with an average of 18,100 euros.

What is a livable wage in Spain? ›

With an average salary of €2,250 per month, you'll find that Spain is really as affordable as everyone says. If you're by yourself, you can live on €1,000 per month in Spain. This includes room rent, groceries, health insurance, rare use of public transport, eating out a few times a month and shopping moderately.

What is Spain's average income? ›

Average annual wages in Spain 2000-2022

Over this 22-year period, annual wages in Spain fluctuated greatly, ranging from a low of 28,689 euros in 2006 to a high of approximately 31,914 euros in 2009. The average annual wage stood at approximately 29,113 euros in 2022.

Is 4000 euros a good salary in Spain? ›

Average Salary in Spain in 2023

On the other hand, considering the average cost of living in Spain, a comfortable monthly net salary for a single person is around 2,700 euros or 4,000 euros for a person with a family.

Is 2000 euros a good salary in Spain? ›

Last year, the average salary in Spain was 2,250 gross euros per month. Following the same line of recent years, the Autonomous Communities of Madrid and País Vasco are the regions with the highest salaries (almost reaching 2,000 euros gross per month).

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