Risk Analyst Salary: Barcelona vs Madrid
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇪🇸 Barcelona
Spain
€33K EUR
$35K USD
$52K PPP
VS
USD Difference
-7%
Barcelona vs Madrid
🇪🇸 Madrid
Spain
€35K EUR
$38K USD
$56K PPP
Higher Purchasing Power
Detailed Comparison
| Metric | Barcelona | Madrid | Difference |
|---|---|---|---|
| Local Currency Salary | €33K EUR | €35K EUR | — |
| USD Equivalent | $35K | $38K | -7% |
| PPP-Adjusted SalaryWINNER | $52K | $56K 🏆 | -7% |
| 25th Percentile | €26K EUR | €28K EUR | — |
| Median | €33K EUR | €35K EUR | — |
| 75th Percentile | €41K EUR | €44K EUR | — |
| Annual Mean | €35K EUR | €38K EUR | — |
What Does This Mean?
Barcelona offers a Risk Analyst salary of $35K USD, while Madrid offers $38K USD — a difference of -7% in raw terms.
After adjusting for purchasing power parity (PPP), Barcelona's salary is worth $52K in US purchasing power terms, versus $56K for Madrid. This means Madrid offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.