Chicago vs Madrid

Cost of living comparison for 2026. Madrid is roughly 9% more affordable than Chicago (index 38 vs 42, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
9% cheaper than Chicago · Cost index: 38 vs 42

Head-to-Head Stats

42Cost Index38
6,250Median Income /mo3,150
52Safety Index65
28Income Tax %25
940Internet (Mbps)95
350Coworking /mo250

Price Breakdown

ChicagoCategoryMadrid
$2,368/month
1-BR Apartment (Center)
49% ← cheaper
$1,210/month
$1.28/liter
Meal for One
22% ← cheaper
$1/liter
$18/meal
Restaurant (Mid-range)
17% ← cheaper
$15/meal
$75/month
Monthly Transit Pass
20% ← cheaper
$60/month
$182/month
Utilities (Monthly)
9% ← cheaper
$165/month
$150/visit
Doctor Visit
53% ← cheaper
$70/visit

Digital Nomad Profile

Chicago

Internet940 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability78/100

Madrid

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishmoderate
Communitylarge
Walkability82/100

Frequently Asked Questions

Is Chicago cheaper than Madrid?

Madrid is cheaper than Chicago. Madrid has a cost of living index of 38/100 compared to 42/100 for Chicago (New York = 100), making it roughly 9% more affordable overall.

How much cheaper is Madrid than Chicago?

Madrid is approximately 9% cheaper than Chicago based on cost index scores (38 vs 42, where New York = 100). A person spending $3,000/month in Chicago could live a similar lifestyle for roughly $2,720/month in Madrid.

What is the rent comparison between Chicago and Madrid?

In Chicago, a 1-bedroom apartment in the city center costs approximately $2,368/month. In Madrid, the equivalent is around $1,210/month.

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

Both cities have nomad infrastructure. Chicago offers 940 Mbps internet and coworking at ~$350/month. Madrid offers 95 Mbps and coworking at ~$250/month. Madrid has a cost advantage of 9%.

What is the average income in Chicago vs Madrid?

The median net monthly salary in Chicago is approximately $6,250 USD, compared to $3,150 USD in Madrid.

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