What is considered a good salary in Madrid?

A good single-person salary in Madrid starts around €40,000 a year and a strong one runs €60,000 to €80,000+. The lower end comfortably covers the moderate benchmark of $2,725/month (€2,520) plus savings; the upper end supports a central one-bedroom in Salamanca or Chamberi, regular dining out, holidays, and meaningful saving capacity. Spanish median full-time salary in Madrid runs around €28,000 to €32,000 a year, so €40K is meaningfully above local median and €60K+ is well into the upper-middle bracket. Senior tech, finance, consulting, and law roles regularly pay €70,000 to €120,000+. For a couple, combined household income of €60,000 to €85,000 covers the moderate standard with room to save. Beckham Law applicants on inbound contracts effectively earn more take-home than equivalent local hires. For the full breakdown, see our Madrid cost of living page.