Milan vs Madrid

Cost of living comparison for 2026. Madrid is roughly 12% more affordable than Milan (index 38 vs 43, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
12% cheaper than Milan · Cost index: 38 vs 43

Life Power at $3,000/mo

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

Head-to-Head Stats

43Cost Index38
2,850Median Income /mo2,200
72Safety Index71
23Income Tax %22
190Internet (Mbps)271
250Coworking /mo200

Price Breakdown

MilanCategoryMadrid
$1,875/month
1-BR Apartment (Center)
36% ← cheaper
$1,200/month
$1.1/liter
Meal for One
$1.1/liter
$18/meal
Restaurant (Mid-range)
33% ← cheaper
$12/meal
$44/month
Monthly Transit Pass
8% cheaper →
$48/month
$280/month
Utilities (Monthly)
50% ← cheaper
$140/month
$90/visit
Doctor Visit
33% ← cheaper
$60/visit

Digital Nomad Profile

Milan

Internet190 Mbps
Coworking$250/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Madrid

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

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 43/100 for Milan (New York = 100), making it roughly 12% more affordable overall.

How much cheaper is Madrid than Milan?

Madrid is approximately 12% cheaper than Milan based on cost index scores (38 vs 43, where New York = 100). A person spending $3,000/month in Milan could live a similar lifestyle for roughly $2,649/month in Madrid.

What is the rent comparison between Milan and Madrid?

In Milan, a 1-bedroom apartment in the city center costs approximately $1,875/month. In Madrid, the equivalent is around $1,200/month.

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

Both cities have nomad infrastructure. Milan offers 190 Mbps internet and coworking at ~$250/month. Madrid offers 271 Mbps and coworking at ~$200/month. Madrid has a cost advantage of 12%.

What is the average income in Milan vs Madrid?

The median net monthly salary in Milan is approximately $2,850 USD, compared to $2,200 USD in Madrid.

Compare Milan with…

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