Singapore vs Madrid

Cost of living comparison for 2026. Madrid is roughly 20% more affordable than Singapore (index 39 vs 49, New York = 100). Data sourced live via AI — updated regularly.

Madrid
More affordable overall
20% cheaper than Singapore · Cost index: 39 vs 49

Life Power at $3,000/mo

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

Head-to-Head Stats

49Cost Index39✓
4,300✓Median Income /mo2,200
78✓Safety Index71
8✓Income Tax %25
63Internet (Mbps)200✓
295Coworking /mo200✓

Price Breakdown

SingaporeCategoryMadrid
$2,900/month
1-BR Apartment (Center)
53% ← cheaper
$1,370/month
$3.08/liter
Meal for One
61% ← cheaper
$1.2/liter
$9/meal
Restaurant (Mid-range)
47% cheaper →
$17/meal
$94/month
Monthly Transit Pass
19% ← cheaper
$76/month
$175/month
Utilities (Monthly)
22% cheaper →
$224/month
$40/visit
Doctor Visit
54% cheaper →
$87/visit

Digital Nomad Profile

Singapore

Internet63 Mbps
Coworking$295/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability75/100

Madrid

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

Frequently Asked Questions

Is Singapore cheaper than Madrid?

Madrid is cheaper than Singapore. Madrid has a cost of living index of 39/100 compared to 49/100 for Singapore (New York = 100), making it roughly 20% more affordable overall.

How much cheaper is Madrid than Singapore?

Madrid is approximately 20% cheaper than Singapore based on cost index scores (39 vs 49, where New York = 100). A person spending $3,000/month in Singapore could live a similar lifestyle for roughly $2,386/month in Madrid.

What is the rent comparison between Singapore and Madrid?

In Singapore, a 1-bedroom apartment in the city center costs approximately $2,900/month. In Madrid, the equivalent is around $1,370/month.

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

Both cities have nomad infrastructure. Singapore offers 63 Mbps internet and coworking at ~$295/month. Madrid offers 200 Mbps and coworking at ~$200/month. Madrid has a cost advantage of 20%.

What is the average income in Singapore vs Madrid?

The median net monthly salary in Singapore is approximately $4,300 USD, compared to $2,200 USD in Madrid.

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