Mundevo
Spain flagSpainvsIsrael flagIsrael

Spain vs Israel: salary, tax & cost of living

Average wage, take-home after tax and cost of living, side by side — on real OECD wage data, PPP-adjusted. The headline salary and the net paycheck don't always point the same way.

Head to head

Spain vs Israel

MetricSpainIsraelWinner
Average wage (PPP)$54,564$54,736Israel
Payroll deduction24%34%Spain
Net take-home (avg wage)$41,250$36,126Spain
Cost index (NY=100)6592Spain

Average wage: OECD (PPP). Tax is an effective single-filer rate at the average wage; cost index is each country's anchor city (Madrid / Tel Aviv).

Data signals

What actually separates them

  • Who keeps more

    On the average wage, Spain leaves the bigger net paycheck — about $5,125 more per year ($41,250 in Spain vs $36,126 in Israel, PPP).

  • Payroll deduction

    Spain takes less off the top: ~24% vs ~34% combined income tax + social security.

  • Cost of living

    Spain is the cheaper base: cost index 65 vs 92 (Madrid / Tel Aviv, New York = 100). Higher net pay doesn't help if rent eats it.

Banking & transfers for either move

Some links below are affiliate links — if you sign up we may earn a small commission, at no extra cost to you.

FAQ

Is the average salary higher in Spain or Israel?
Israel has the higher OECD average wage: $54,564 in Spain vs $54,736 in Israel (PPP-adjusted). But after tax, Spain keeps more net.
Where do you take home more after tax?
Spain — about $5,125 more net per year on the average wage, once income tax and social security are applied.
Which is cheaper to live in?
Spain, by cost index (Madrid 65 vs Tel Aviv 92, NY = 100). Weigh net pay against cost together, not separately.

Go deeper