Salary guide · ES
Project Manager salary in Madrid: can you afford rent?
A Project Manager in Madrid typically earns €29,000–€62,000/year, with a median around €42,000/year. Median 1-bedroom rent is €1,450/month.
Affordability verdict
At a typical Project Manager salary of €42,000/year, spending on median Madrid rent (€1,450/mo) would take up 41% of gross income. That exceeds the 30% guideline significantly — housing would be a stretch burden.
Project Manager salary range in Madrid
€29,000
Entry level
lower quartile
€42,000
Typical
median estimate
€62,000
Experienced
upper quartile
Project managers plan, coordinate, and oversee projects to deliver on time and within budget across industries. Figures are gross annual salary estimates for Madrid.
How much rent can a Project Manager 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 Project Manager earn in Madrid?
A Project Manager in Madrid typically earns between €29,000 and €62,000/year, with a median around €42,000/year. Salaries vary by experience, employer, and sector.
Can a Project Manager afford to live in Madrid?
At a typical Project Manager salary of €42,000/year, median Madrid rent (€1,450/month) takes up 41% 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 Project Manager afford in Madrid?
On a median Project Manager salary of €42,000/year, the recommended 30% rent budget is €1,050/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
Project Manager salary in other cities