Madrid, Spain
Live cost-of-living data for Madrid — rent, groceries, transport, healthcare and more, sourced and cross-checked by AI and refreshed regularly.
Cost Breakdown by Category
Each score runs 0–100, where higher means pricier. Representative prices shown per category.
Digital Nomad Profile
Best neighborhoods: Malasaña, Chueca, Salamanca
Frequently Asked Questions
Is Madrid cheap to live in?
Madrid has a cost of living index of 39/100, where New York = 100. It is 61% cheaper than New York. A single person can live comfortably for approximately $1,400–$1,960 per month.
How much does rent cost in Madrid?
A 1-bedroom apartment in the city center of Madrid costs approximately $1,370/month. Outside the center, expect to pay around $1,070/month.
Is Madrid good for digital nomads?
Madrid has a growing digital nomad community. Average internet speed is 200 Mbps, café wifi reliability is good, and coworking spaces run about $200/month. English proficiency is moderate.
What is the average salary in Madrid?
The median net monthly salary in Madrid is approximately $2,200 USD. The income tax rate is around 25%.
How does Madrid compare to New York for cost of living?
Madrid (cost index 39) is 61% cheaper than New York (cost index 100). You could save roughly $1,525/month by moving from New York to Madrid.
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Cities that cost about the same as Madrid
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