SpendVerdict

Salary guide · ES

Accountant salary in Madrid: can you afford rent?

A Accountant in Madrid typically earns €24,000€54,000/year, with a median around €35,000/year. Median 1-bedroom rent is €1,450/month.

Affordability verdict

Risky

At a typical Accountant salary of €35,000/year, spending on median Madrid rent (€1,450/mo) would take up 50% of gross income. That exceeds the 30% guideline significantly — housing would be a risky burden.

Accountant salary range in Madrid

€24,000

Entry level

lower quartile

€35,000

Typical

median estimate

€54,000

Experienced

upper quartile

Accountants prepare and examine financial records, ensure tax compliance, and advise on financial strategy. Figures are gross annual salary estimates for Madrid.

How much rent can a Accountant afford?

25% of income (comfortable)€729/mo
30% of income (standard)€875/mo
35% of income (stretch)€1,021/mo
Median Madrid rent€1,450/mo

Rent landscape in Madrid

€950

Budget

cheapest 10%

€1,450

Median

most common

€2,200

Premium

top 10%

1-bedroom equivalent. INE Encuesta de Presupuestos Familiares + Banco de España housing report 2023, adjusted for new-let market · 2023–2024

Check your own rent affordability →

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Explore Madrid further

Cost of living guide: MadridCan I afford €1,000 rent in Madrid?Can I afford €1,200 rent in Madrid?