Melbourne vs Madrid

Cost of living comparison for 2026. Madrid is roughly 21% more affordable than Melbourne (index 38 vs 48, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
21% cheaper than Melbourne · Cost index: 38 vs 48

Life Power at $3,000/mo

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

Head-to-Head Stats

48Cost Index38
4,100Median Income /mo2,200
70Safety Index71
32.5Income Tax %22
70Internet (Mbps)271
240Coworking /mo200

Price Breakdown

MelbourneCategoryMadrid
$1,785/month
1-BR Apartment (Center)
33% ← cheaper
$1,200/month
$1.8/liter
Meal for One
39% ← cheaper
$1.1/liter
$19/meal
Restaurant (Mid-range)
37% ← cheaper
$12/meal
$115/month
Monthly Transit Pass
58% ← cheaper
$48/month
$230/month
Utilities (Monthly)
39% ← cheaper
$140/month
$120/visit
Doctor Visit
50% ← cheaper
$60/visit

Digital Nomad Profile

Melbourne

Internet70 Mbps
Coworking$240/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability74/100

Madrid

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

Frequently Asked Questions

Is Melbourne cheaper than Madrid?

Madrid is cheaper than Melbourne. Madrid has a cost of living index of 38/100 compared to 48/100 for Melbourne (New York = 100), making it roughly 21% more affordable overall.

How much cheaper is Madrid than Melbourne?

Madrid is approximately 21% cheaper than Melbourne based on cost index scores (38 vs 48, where New York = 100). A person spending $3,000/month in Melbourne could live a similar lifestyle for roughly $2,372/month in Madrid.

What is the rent comparison between Melbourne and Madrid?

In Melbourne, a 1-bedroom apartment in the city center costs approximately $1,785/month. In Madrid, the equivalent is around $1,200/month.

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

Both cities have nomad infrastructure. Melbourne offers 70 Mbps internet and coworking at ~$240/month. Madrid offers 271 Mbps and coworking at ~$200/month. Madrid has a cost advantage of 21%.

What is the average income in Melbourne vs Madrid?

The median net monthly salary in Melbourne is approximately $4,100 USD, compared to $2,200 USD in Madrid.

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