Salary vs rent · Madrid
€60,000 salary in Madrid: how much rent can you afford?
On €60,000/year your monthly take-home budget (gross) is €5,000/month. The median rent in Madrid is €1,450, which would take 29.0% of your income — Manageable.
Your monthly rent budget
Comfortable (25%)up to €1,250/mo
Manageable (30%)up to €1,500/mo
Stretch (35%)up to €1,750/mo
Risky (45%)up to €2,250/mo
Rent landscape in Madrid
€950
19.0% of your salary
Budget rent
€1,450
29.0% of your salary
Typical rent
€2,200
44.0% of your salary
High-end rent
Renters in Madrid typically spend 24–44% of income on rent. At €60,000/year, you have limited room to cover the median rent comfortably.
Data confidence: high · INE Encuesta de Presupuestos Familiares + Banco de España housing report 2023, adjusted for new-let market · 2023–2024
Other salaries in Madrid