What is a decent salary in Spain?
The average annual wage stood at approximately 267.5 thousand euros in 2020. Compared to other European countries, Spain ranked fairly low. The yearly salary in the Iberian country was similar to salaries in Italy and Slovenia, but remained far from the figures that were registered in France, Ireland and Germany.
What is the minimum salary in Spain 2021?
965 euros a month
The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 60 percent from 2000 to 2021, with salaries increasing from 600 euros a month to 965 euros a month in 2021.
What is good salary in Madrid?
While the minimum wage is showing a constant year to year growth in Madrid, average salaries remain the same for the past years. 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.
Are salaries low in Spain?
According to the National Statistics Institute, the average salary in Spain is only around 15,500 euros per year, or about $22,500. After taxes, they say that gives most Spaniards about 1,000 euros ($1,460) a month to spend.
What is the minimum wage in Spain per hour?
The government doesn’t set an official minimum wage in Spain per hour, although Spanish law sets the standard working week at 40 hours; for reference only, this would calculate to a Spanish minimum wage per hour of around €4.95 (based on annual minimum wage).
What is the median income in Spain?
Average salary in Spain The average annual income in Spain is around €27,000, which is lower than many other EU countries. However, Spain also has a lower cost of living than most of its western European neighbors. A full-time worker may take 22 working days (30 calendar days) of paid holiday time annually.
What are the major occupations in Spain?
A chef, personal care or construction worker are common types of jobs found in Spain. Additionally, language teacher, medical practitioner, engineer and real estate agent are types of jobs in Spain.