Milan vs Madrid

Cost of living comparison for 2026. Madrid is roughly 7% more affordable than Milan (index 38 vs 41, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
7% cheaper than Milan · Cost index: 38 vs 41

Head-to-Head Stats

MilanvsMadrid
41Cost Index38✓
1,750Median Income /mo3,150✓
68✓Safety Index65
33Income Tax %25✓
75Internet (Mbps)95✓
250Coworking /mo250

Price Breakdown

MilanCategoryMadrid
$1,450/month
1-BR Apartment (Center)
17% ← cheaper
$1,210/month
$1.35/liter
Meal for One
26% ← cheaper
$1/liter
$18/meal
Restaurant (Mid-range)
17% ← cheaper
$15/meal
$43/month
Monthly Transit Pass
28% cheaper →
$60/month
$145/month
Utilities (Monthly)
12% cheaper →
$165/month
$70/visit
Doctor Visit
$70/visit

Digital Nomad Profile

Milan

Internet75 Mbps
Coworking$250/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability78/100

Madrid

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

Frequently Asked Questions

Is Milan cheaper than Madrid?

Madrid is cheaper than Milan. Madrid has a cost of living index of 38/100 compared to 41/100 for Milan (New York = 100), making it roughly 7% more affordable overall.

How much cheaper is Madrid than Milan?

Madrid is approximately 7% cheaper than Milan based on cost index scores (38 vs 41, where New York = 100). A person spending $3,000/month in Milan could live a similar lifestyle for roughly $2,795/month in Madrid.

What is the rent comparison between Milan and Madrid?

In Milan, a 1-bedroom apartment in the city center costs approximately $1,450/month. In Madrid, the equivalent is around $1,210/month.

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

Both cities have nomad infrastructure. Milan offers 75 Mbps internet and coworking at ~$250/month. Madrid offers 95 Mbps and coworking at ~$250/month. Madrid has a cost advantage of 7%.

What is the average income in Milan vs Madrid?

The median net monthly salary in Milan is approximately $1,750 USD, compared to $3,150 USD in Madrid.

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