Palermo vs Madrid

Cost of living comparison for 2026. Palermo is roughly 38% more affordable than Madrid (index 23 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Palermo
More affordable overall
38% cheaper than Madrid · Cost index: 23 vs 38

Head-to-Head Stats

PalermovsMadrid
23✓Cost Index38
1,500Median Income /mo3,150✓
54Safety Index65✓
27Income Tax %25✓
102✓Internet (Mbps)95
180✓Coworking /mo250

Price Breakdown

PalermoCategoryMadrid
$590/month
1-BR Apartment (Center)
51% cheaper →
$1,210/month
$1/liter
Meal for One
$1/liter
$12/meal
Restaurant (Mid-range)
20% cheaper →
$15/meal
$32/month
Monthly Transit Pass
47% cheaper →
$60/month
$140/month
Utilities (Monthly)
15% cheaper →
$165/month
$60/visit
Doctor Visit
14% cheaper →
$70/visit

Digital Nomad Profile

Palermo

Internet102 Mbps
Coworking$180/mo
Café WiFifair
Englishmoderate
Communitygrowing
Walkability72/100

Madrid

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

Frequently Asked Questions

Is Palermo cheaper than Madrid?

Palermo is cheaper than Madrid. Palermo has a cost of living index of 23/100 compared to 38/100 for Madrid (New York = 100), making it roughly 38% more affordable overall.

How much cheaper is Palermo than Madrid?

Palermo is approximately 38% cheaper than Madrid based on cost index scores (23 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $1,853/month in Palermo.

What is the rent comparison between Palermo and Madrid?

In Palermo, a 1-bedroom apartment in the city center costs approximately $590/month. In Madrid, the equivalent is around $1,210/month.

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

Both cities have nomad infrastructure. Palermo offers 102 Mbps internet and coworking at ~$180/month. Madrid offers 95 Mbps and coworking at ~$250/month. Palermo has a cost advantage of 38%.

What is the average income in Palermo vs Madrid?

The median net monthly salary in Palermo is approximately $1,500 USD, compared to $3,150 USD in Madrid.

Compare Palermo with…

Popular head-to-heads — see exactly where Palermo wins or loses.

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