Monterrey vs Madrid

Cost of living comparison for 2026. Monterrey is roughly 20% more affordable than Madrid (index 31 vs 39, New York = 100). Data sourced live via AI — updated regularly.

Monterrey
More affordable overall
20% cheaper than Madrid · Cost index: 31 vs 39

Life Power at $3,000/mo

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

Head-to-Head Stats

31✓Cost Index39
1,106Median Income /mo2,200✓
52Safety Index71✓
20✓Income Tax %25
86Internet (Mbps)200✓
250Coworking /mo200✓

Price Breakdown

MonterreyCategoryMadrid
$1,021/month
1-BR Apartment (Center)
25% cheaper →
$1,370/month
$1.7/liter
Meal for One
29% ← cheaper
$1.2/liter
$14/meal
Restaurant (Mid-range)
18% cheaper →
$17/meal
$35/month
Monthly Transit Pass
54% cheaper →
$76/month
$110/month
Utilities (Monthly)
51% cheaper →
$224/month
$40/visit
Doctor Visit
54% cheaper →
$87/visit

Digital Nomad Profile

Monterrey

Internet86 Mbps
Coworking$250/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability70/100

Madrid

Internet200 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability74/100

Frequently Asked Questions

Is Monterrey cheaper than Madrid?

Monterrey is cheaper than Madrid. Monterrey has a cost of living index of 31/100 compared to 39/100 for Madrid (New York = 100), making it roughly 20% more affordable overall.

How much cheaper is Monterrey than Madrid?

Monterrey is approximately 20% cheaper than Madrid based on cost index scores (31 vs 39, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,400/month in Monterrey.

What is the rent comparison between Monterrey and Madrid?

In Monterrey, a 1-bedroom apartment in the city center costs approximately $1,021/month. In Madrid, the equivalent is around $1,370/month.

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

Both cities have nomad infrastructure. Monterrey offers 86 Mbps internet and coworking at ~$250/month. Madrid offers 200 Mbps and coworking at ~$200/month. Monterrey has a cost advantage of 20%.

What is the average income in Monterrey vs Madrid?

The median net monthly salary in Monterrey is approximately $1,106 USD, compared to $2,200 USD in Madrid.

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