Salary guide · ES
Accountant salary in Madrid: can you afford rent?
A Accountant in Madrid typically earns €25,000–€56,000/year, with a median around €36,000/year. Median 1-bedroom rent is €1,450/month.
Affordability verdict
At a typical Accountant salary of €36,000/year, spending on median Madrid rent (€1,450/mo) would take up 48% of gross income. That exceeds the 30% guideline significantly — housing would be a risky burden.
Accountant salary range in Madrid
€25,000
Entry level
lower quartile
€36,000
Typical
median estimate
€56,000
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?
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 2024, adjusted for new-let market · 2024
Frequently asked questions
What does a Accountant earn in Madrid?
A Accountant in Madrid typically earns between €25,000 and €56,000/year, with a median around €36,000/year. Salaries vary by experience, employer, and sector.
Can a Accountant afford to live in Madrid?
At a typical Accountant salary of €36,000/year, median Madrid rent (€1,450/month) takes up 48% of gross income — significantly above the 30% guideline, making housing a financial stretch. Budget options in Madrid start around €950/month.
How much rent can a Accountant afford in Madrid?
On a median Accountant salary of €36,000/year, the recommended 30% rent budget is €900/month. Compared to Madrid's median rent of €1,450/month, this means some budget trade-offs will be necessary — look at areas below the city median.
Other professions in Madrid
Accountant salary in other cities