Average salaries in Europe – Spain below average

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    • #190915
      Mark Stücklin
      Keymaster

      This chart showing average EU monthly wages is interesting. Spain clearly below average, which should affect relative house prices and cost of living.

    • #190916
      GarySFBCN
      Participant

      That’s a wide range.  The cost of living is much higher in Denmark according to this probably unscientific but interesting tool:

      Consumer Prices in Denmark are 48.90% higher than in Spain
      Consumer Prices Including Rent in Denmark are 54.55% higher than in Spain
      Rent Prices in Denmark are 72.54% higher than in Spain
      Restaurant Prices in Denmark are 72.53% higher than in Spain
      Groceries Prices in Denmark are 44.88% higher than in Spain
      Local Purchasing Power in Denmark is 33.88% higher than in Spain

      http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Spain&country2=Denmark

    • #190917
      Tim
      Participant

      Interesting, but would be better to see salaries adjusted to cost of living. Norway seems to be missing and would surely be somewhere at the top with Denmark. I wonder how the grey economy in Spain and in some other countries affects the figures? When I get a plumber, electrician or handyman to do a small job in Spain there are usually no receipts, so the income he declares to the taxman is less than his actual income.

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