Port of Spain vs Madrid

Cost of living comparison for 2026. Port of Spain is roughly 22% more affordable than Madrid (index 30 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Port of Spain
More affordable overall
22% cheaper than Madrid · Cost index: 30 vs 38

Life Power at $3,000/mo

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

Head-to-Head Stats

30Cost Index38
1,240Median Income /mo2,200
23Safety Index71
28Income Tax %22
45Internet (Mbps)271
250Coworking /mo200

Price Breakdown

Port of SpainCategoryMadrid
$1,100/month
1-BR Apartment (Center)
8% cheaper →
$1,200/month
$2.8/liter
Meal for One
61% ← cheaper
$1.1/liter
$10/meal
Restaurant (Mid-range)
17% cheaper →
$12/meal
$35/month
Monthly Transit Pass
27% cheaper →
$48/month
$120/month
Utilities (Monthly)
14% cheaper →
$140/month
$60/visit
Doctor Visit
$60/visit

Digital Nomad Profile

Port of Spain

Internet45 Mbps
Coworking$250/mo
Café WiFifair
Englishhigh
Communitysmall
Walkability55/100

Madrid

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

Frequently Asked Questions

Is Port of Spain cheaper than Madrid?

Port of Spain is cheaper than Madrid. Port of Spain has a cost of living index of 30/100 compared to 38/100 for Madrid (New York = 100), making it roughly 22% more affordable overall.

How much cheaper is Port of Spain than Madrid?

Port of Spain is approximately 22% cheaper than Madrid based on cost index scores (30 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,338/month in Port of Spain.

What is the rent comparison between Port of Spain and Madrid?

In Port of Spain, a 1-bedroom apartment in the city center costs approximately $1,100/month. In Madrid, the equivalent is around $1,200/month.

Which city is better for digital nomads — Port of Spain or Madrid?

Both cities have nomad infrastructure. Port of Spain offers 45 Mbps internet and coworking at ~$250/month. Madrid offers 271 Mbps and coworking at ~$200/month. Port of Spain has a cost advantage of 22%.

What is the average income in Port of Spain vs Madrid?

The median net monthly salary in Port of Spain is approximately $1,240 USD, compared to $2,200 USD in Madrid.

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