Singapore vs Madrid

Cost of living comparison for 2026. Madrid is roughly 23% more affordable than Singapore (index 38 vs 49, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
23% cheaper than Singapore · Cost index: 38 vs 49

Head-to-Head Stats

49Cost Index38
4,442Median Income /mo3,150
89Safety Index65
12Income Tax %25
250Internet (Mbps)95
400Coworking /mo250

Price Breakdown

SingaporeCategoryMadrid
$2,000/month
1-BR Apartment (Center)
40% ← cheaper
$1,210/month
$2.5/liter
Meal for One
60% ← cheaper
$1/liter
$8/meal
Restaurant (Mid-range)
47% cheaper →
$15/meal
$100/month
Monthly Transit Pass
40% ← cheaper
$60/month
$180/month
Utilities (Monthly)
8% ← cheaper
$165/month
$85/visit
Doctor Visit
18% ← cheaper
$70/visit

Digital Nomad Profile

Singapore

Internet250 Mbps
Coworking$400/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability85/100

Madrid

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

Frequently Asked Questions

Is Singapore cheaper than Madrid?

Madrid is cheaper than Singapore. Madrid has a cost of living index of 38/100 compared to 49/100 for Singapore (New York = 100), making it roughly 23% more affordable overall.

How much cheaper is Madrid than Singapore?

Madrid is approximately 23% cheaper than Singapore based on cost index scores (38 vs 49, where New York = 100). A person spending $3,000/month in Singapore could live a similar lifestyle for roughly $2,318/month in Madrid.

What is the rent comparison between Singapore and Madrid?

In Singapore, a 1-bedroom apartment in the city center costs approximately $2,000/month. In Madrid, the equivalent is around $1,210/month.

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

Both cities have nomad infrastructure. Singapore offers 250 Mbps internet and coworking at ~$400/month. Madrid offers 95 Mbps and coworking at ~$250/month. Madrid has a cost advantage of 23%.

What is the average income in Singapore vs Madrid?

The median net monthly salary in Singapore is approximately $4,442 USD, compared to $3,150 USD in Madrid.

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