Product Manager Salary in Provincia de Madrid, Madrid
Madrid is Spain's financial hub, home to Santander, BBVA, and major international consultancies. The city hosts both local and multinational tech employers. Housing costs in the city centre are high.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
€32,000 to €42,000
Average (per year)
€37,000
In Madrid's large tech and finance sectors, graduates and new hires start with limited direct experience.
Mid-level (3-5 years)
Salary range (per year)
€42,000 to €57,000
Average (per year)
€49,500
Product managers delivering projects for multinational firms or scale-ups can reach this salary range.
Senior (6-9 years)
Salary range (per year)
€57,000 to €78,000
Average (per year)
€67,500
Complex product portfolios and leadership roles are common in Madrid's large employers.
Principal/Lead (10+ years)
Salary range (per year)
€78,000+
Principal or Head of Product positions are available at top banks, consultancies, and global tech companies.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
€20 - €35
per hour
Mid-level
€35 - €55
per hour
Senior
€55 - €85
per hour