70,000 Euros
Posted: 07 December 2006 03:24 PM  
Tourist
Rank
Total Posts:  3
Joined  2006-12-06

Hi,

I’ve been offfered a job in Spain (Madrid) earning approx 70,000 Euros + car, etc and I was wondering whether this is considered a good wage in Madrid and would I have a good quality of life on these wages.
Thanks

Profile
 
Posted: 01 May 2007 12:24 AM   [ # 1 ]  
Tourist
Rank
Total Posts:  6
Joined  2007-04-10

Hi David.  Obviously it depends on what you do but looking at it I’d say that its not a bad wage for Spain.  I’ve been looking for a while now and have been told that outside of the cities, 30,000 isn’t a bad wage - although that’s probably just so that I will take the job.

I’m interested to know how you found the job and what your area of expertise is.

Cheers
Andy

Profile
 
Posted: 01 May 2007 12:26 AM   [ # 2 ]  
Administrator
Avatar
RankRankRankRank
Total Posts:  1682
Joined  2005-12-05

David, I’d ask first, where are you coming from and what was your salary like there? Then you can get an idea of how that would translate to Madrid in similar lifestyle terms. Also tell us how comfortable you were with the wage you earn back home and what some of your big expenditures are.

Otherwise yeah, 70k is a pretty fat salary out here, the average is about 18k per year.

 Signature 

“Vocation is where your greatest passion and the world’s greatest need overlap.”

Now follow SpainExpat.com on Twitter for updates, advice, news, and forum highlights.

Recommended reading: working visa (non EU), other visas, jobs in Spain, teaching English (non EU), finding apartments, holidays, mobile/cell phones, NIE cards, gestors.

Profile
 
Posted: 07 May 2007 02:29 PM   [ # 3 ]  
Tourist
Rank
Total Posts:  3
Joined  2006-12-06

I’m a Commercial Manager back in London, although I’m originally from Australia (been in London for 2 years).  I was contacted by an employment agency regarding work in the UK and I told them I wasn’t interested in moving companies, however, I was interested in perhaps working in Europe, it all happened from there.

It’s been a few months now since I first posted, I didn’t take the job.  I was flown to Spain for one of 3 interviews but I wasn’t too impressed with the interview or the company after that.  I declined the job and have decided to stay in London…for now!

Profile
 
Posted: 09 May 2007 02:07 AM   [ # 4 ]  
Just Landed
RankRank
Total Posts:  25
Joined  2007-05-09

I’m trying to figure out the same thing. I gross around 40K (USD) per year living in the USA, and I recently applied for a senior level job in my field for 35,000 (GPB; as it was listed) per year. That is 51,397.09 (EUR), which is 69,614.74 (USD) per year. Now, I’m looking to move to Alicante.

If the average income of a Spaniard is 18,000(EUR) per year, and the most reasonable homes start out at about 130,000(EUR; this I determined via my online searching) - thinking in American dollars, most people live in Spain must poverty. Is that right?

Profile
 
Posted: 09 May 2007 02:35 AM   [ # 5 ]  
Administrator
Avatar
RankRankRankRank
Total Posts:  1682
Joined  2005-12-05

Um, no, because the poverty line is set at as an income level proportional to the average income in the country. According to the CIA world fact book the poverty rate in Spain is 19.8%.

 Signature 

“Vocation is where your greatest passion and the world’s greatest need overlap.”

Now follow SpainExpat.com on Twitter for updates, advice, news, and forum highlights.

Recommended reading: working visa (non EU), other visas, jobs in Spain, teaching English (non EU), finding apartments, holidays, mobile/cell phones, NIE cards, gestors.

Profile
 
Posted: 10 May 2007 12:41 PM   [ # 6 ]  
Tourist
Rank
Total Posts:  3
Joined  2006-12-06

I thought exactly the same thing when I was inquiring about coming to London, everyone was telling me that average wage in London was less than 30kGBP per year, and when I realised how expensive rent, restaurants, public transport, etc were I thought that everyone would be living in poverty or sharing a house with 10 other people just to make ends meet !!

The thing is, it’s not at all like that.  Most of the people that I work with are earning well above the 30k, anywhere from 40 to 70k per year and even more.  Most of the good jobs are not necessarily advertised.  Having said that, there are of course people that earn on or below the average wage but people make do and adjust their livestyles to how much they earn.

Profile