Port of Spain vs Madrid

Cost of living comparison for 2026. Port of Spain is roughly 26% more affordable than Madrid (index 29 vs 39, New York = 100). Data sourced live via AI — updated regularly.

Port of Spain
More affordable overall
26% cheaper than Madrid · Cost index: 29 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

29✓Cost Index39
1,200Median Income /mo2,200✓
24Safety Index71✓
25Income Tax %25
75Internet (Mbps)200✓
180✓Coworking /mo200

Price Breakdown

Port of SpainCategoryMadrid
$810/month
1-BR Apartment (Center)
41% cheaper →
$1,370/month
$2.1/liter
Meal for One
43% ← cheaper
$1.2/liter
$18/meal
Restaurant (Mid-range)
6% ← cheaper
$17/meal
$109/month
Monthly Transit Pass
30% ← cheaper
$76/month
$112/month
Utilities (Monthly)
50% cheaper →
$224/month
$120/visit
Doctor Visit
28% ← cheaper
$87/visit

Digital Nomad Profile

Port of Spain

Internet75 Mbps
Coworking$180/mo
Café WiFifair
Englishhigh
Communitysmall
Walkability65/100

Madrid

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

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 29/100 compared to 39/100 for Madrid (New York = 100), making it roughly 26% more affordable overall.

How much cheaper is Port of Spain than Madrid?

Port of Spain is approximately 26% cheaper than Madrid based on cost index scores (29 vs 39, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,229/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 $810/month. In Madrid, the equivalent is around $1,370/month.

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

Both cities have nomad infrastructure. Port of Spain offers 75 Mbps internet and coworking at ~$180/month. Madrid offers 200 Mbps and coworking at ~$200/month. Port of Spain has a cost advantage of 26%.

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

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

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