Physician Salary: Geneva vs Madrid
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇨🇭 Geneva
Switzerland
Fr252K CHF
$285K USD
$211K PPP
Higher Purchasing Power
VS
USD Difference
+226%
Geneva vs Madrid
🇪🇸 Madrid
Spain
€81K EUR
$87K USD
$129K PPP
Detailed Comparison
| Metric | Geneva | Madrid | Difference |
|---|---|---|---|
| Local Currency Salary | Fr252K CHF | €81K EUR | — |
| USD Equivalent | $285K | $87K | +226% |
| PPP-Adjusted SalaryWINNER | $211K 🏆 | $129K | +64% |
| 25th Percentile | Fr202K CHF | €65K EUR | — |
| Median | Fr252K CHF | €81K EUR | — |
| 75th Percentile | Fr315K CHF | €101K EUR | — |
| Annual Mean | Fr272K CHF | €87K EUR | — |
What Does This Mean?
Geneva offers a Physician salary of $285K USD, while Madrid offers $87K USD — a difference of +226% in raw terms.
After adjusting for purchasing power parity (PPP), Geneva's salary is worth $211K in US purchasing power terms, versus $129K for Madrid. This means Geneva 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.