Chicago vs Madrid

Cost of living comparison for 2026. Madrid is roughly 35% more affordable than Chicago (index 39 vs 60, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
35% cheaper than Chicago · Cost index: 39 vs 60

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

60Cost Index39✓
4,800✓Median Income /mo2,200
60Safety Index71✓
4.95✓Income Tax %25
150Internet (Mbps)200✓
250Coworking /mo200✓

Price Breakdown

ChicagoCategoryMadrid
$2,471/month
1-BR Apartment (Center)
45% ← cheaper
$1,370/month
$1.35/liter
Meal for One
11% ← cheaper
$1.2/liter
$18/meal
Restaurant (Mid-range)
6% ← cheaper
$17/meal
$75/month
Monthly Transit Pass
1% cheaper →
$76/month
$166/month
Utilities (Monthly)
26% cheaper →
$224/month
$120/visit
Doctor Visit
28% ← cheaper
$87/visit

Digital Nomad Profile

Chicago

Internet150 Mbps
Coworking$250/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability77/100

Madrid

Internet200 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability74/100

Frequently Asked Questions

Is Chicago cheaper than Madrid?

Madrid is cheaper than Chicago. Madrid has a cost of living index of 39/100 compared to 60/100 for Chicago (New York = 100), making it roughly 35% more affordable overall.

How much cheaper is Madrid than Chicago?

Madrid is approximately 35% cheaper than Chicago based on cost index scores (39 vs 60, where New York = 100). A person spending $3,000/month in Chicago could live a similar lifestyle for roughly $1,963/month in Madrid.

What is the rent comparison between Chicago and Madrid?

In Chicago, a 1-bedroom apartment in the city center costs approximately $2,471/month. In Madrid, the equivalent is around $1,370/month.

Which city is better for digital nomads — Chicago or Madrid?

Both cities have nomad infrastructure. Chicago offers 150 Mbps internet and coworking at ~$250/month. Madrid offers 200 Mbps and coworking at ~$200/month. Madrid has a cost advantage of 35%.

What is the average income in Chicago vs Madrid?

The median net monthly salary in Chicago is approximately $4,800 USD, compared to $2,200 USD in Madrid.

Compare Chicago with…

Popular head-to-heads — see exactly where Chicago wins or loses.

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