Colombo vs Madrid

Cost of living comparison for 2026. Colombo is roughly 49% more affordable than Madrid (index 20 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Colombo
More affordable overall
49% cheaper than Madrid · Cost index: 20 vs 38

Life Power at $3,000/mo

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

Head-to-Head Stats

20Cost Index38
1,800Median Income /mo2,200
57Safety Index71
18Income Tax %22
45Internet (Mbps)271
150Coworking /mo200

Price Breakdown

ColomboCategoryMadrid
$550/month
1-BR Apartment (Center)
54% cheaper →
$1,200/month
$0.48/liter
Meal for One
56% cheaper →
$1.1/liter
$4.5/meal
Restaurant (Mid-range)
63% cheaper →
$12/meal
$20/month
Monthly Transit Pass
58% cheaper →
$48/month
$35/month
Utilities (Monthly)
75% cheaper →
$140/month
$25/visit
Doctor Visit
58% cheaper →
$60/visit

Digital Nomad Profile

Colombo

Internet45 Mbps
Coworking$150/mo
Café WiFifair
Englishhigh
Communitygrowing
Walkability60/100

Madrid

Internet271 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Colombo cheaper than Madrid?

Colombo is cheaper than Madrid. Colombo has a cost of living index of 20/100 compared to 38/100 for Madrid (New York = 100), making it roughly 49% more affordable overall.

How much cheaper is Colombo than Madrid?

Colombo is approximately 49% cheaper than Madrid based on cost index scores (20 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $1,544/month in Colombo.

What is the rent comparison between Colombo and Madrid?

In Colombo, a 1-bedroom apartment in the city center costs approximately $550/month. In Madrid, the equivalent is around $1,200/month.

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

Both cities have nomad infrastructure. Colombo offers 45 Mbps internet and coworking at ~$150/month. Madrid offers 271 Mbps and coworking at ~$200/month. Colombo has a cost advantage of 49%.

What is the average income in Colombo vs Madrid?

The median net monthly salary in Colombo is approximately $1,800 USD, compared to $2,200 USD in Madrid.

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