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This is the amount you need to earn per month if you want to be in the upper class.

The salary of citizens Spanish It has not increased in the same proportion as the cost of daily living and this is a situation that puts many citizens in difficulty, who have to do engineering exercises to make ends meet. In recent times, different institutions have carried out several studies classifying people by class based on their current salary. This is what you have to charge in Spain in 2024 belong to the upper class.

Lower class, middle class and upper class. Throughout history, people have been structured into different ranks based on their economic level, and due to the increasing cost of daily living in recent years, many people have lowered their level. Because even if Pedro Sanchez let’s say that the Spanish economy is going like a rocket, the truth is that the situation of many Spaniards is increasingly precarious due to the permanent inflation that exists today in Spain.

The latest CPI figures show notable figures of 1.7% over the past month, but the truth is that some prices of products on the shopping list are already high day by day, which poses a barrier for many families. The best example of this is the high price of olive oil, which has risen from around three euros to more than 10 euros, a disproportionate increase that puts this basic good out of reach for many people in our country.

The money it takes to be upper class

As published Forbes At the time, after doing the corresponding study, the amount you had to earn in Spain to be considered “rich” was 3,673 euros per month. Something which more or less agrees with the report published at the time by the Organization for Economic Co-operation and Development (OECD)which ranks Spanish citizens based on their monthly income.

In this way, for OECD People belonging to the lower class are those who earn less than 11,395 euros per year, or an amount less than 1,343 euros per month. It must be taken into account that the Interprofessional Minimum Salary (SMI) in Spain in 2024 is 15,876 euros gross per year divided into 14 payments of 1,134 euros.

A person enters a SEPE office in Madrid. (PE)

Still according to this study, citizens who belong to the middle class are those who earn between 1,343 and 3,581 euros per month. This group would bring together the majority of employees registered in the Social security. As for the upper class, people earning more than 3,581 euros per month would be grouped together, data similar to those published by Forbes magazine.

The average salary in Spain

He National Institute of Statisticsthrough a Salary Structure Survey (EES)carried out a report on salaries in Spain corresponding to 2022. In this way, it established that the average annual salary in Spain that year was 26,948.87 euros, or 4.1% more than for the same period of the previous year. Regarding the distribution by gender, the average salary of men (29,381.84 euros) was higher than that of women (24,359.82 euros).

He National Institute of Statistics It also establishes another classification in terms of salaries. The INE specifies that the moral salary, the most widespread in Spain, was 14,586.44 euros, with 4.2% of employees closely following the range of 16,495.84 euros (4.2%) and 18,494.32 ( 4.1%). It must be taken into account that the increase in the SMI makes this line of income the most appreciated by workers registered with the Social security.

A person is sweeping a street. (Europa Press)

These figures clearly show that in Spain hundreds of thousands of families are close to a situation of vulnerability, which is why Eurostat has clearly indicated in different reports that our country is on the podium, with Romania and Bulgaria, countries in European Union with more people at risk of poverty. Therefore, although the Sánchez government declares that the situation is idyllic, the truth is that many Spaniards experience the high cost of living on a daily basis.

Source

MR. Ricky Martin
MR. Ricky Martin
I have over 10 years of experience in writing news articles and am an expert in SEO blogging and news publishing.
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