Portfolio Manager Salary: Boston vs Madrid
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 Boston
United States
$202K USD
$202K USD
$202K PPP
Higher Purchasing Power
VS
USD Difference
+219%
Boston vs Madrid
🇪🇸 Madrid
Spain
€59K EUR
$63K USD
$93K PPP
Detailed Comparison
| Metric | Boston | Madrid | Difference |
|---|---|---|---|
| Local Currency Salary | $202K USD | €59K EUR | — |
| USD Equivalent | $202K | $63K | +219% |
| PPP-Adjusted SalaryWINNER | $202K 🏆 | $93K | +117% |
| 25th Percentile | $161K USD | €47K EUR | — |
| Median | $202K USD | €59K EUR | — |
| 75th Percentile | $252K USD | €73K EUR | — |
| Annual Mean | $218K USD | €63K EUR | — |
What Does This Mean?
Boston offers a Portfolio Manager salary of $202K USD, while Madrid offers $63K USD — a difference of +219% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $202K in US purchasing power terms, versus $93K for Madrid. This means Boston 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.