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Buenos Aires vs Madrid

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in Madrid, ES, you'd need

$145,207 / year

Madrid, ES is 94% more expensive overall

Category breakdown (Madrid, ES vs Buenos Aires, AR)

  • Housing+161%
  • Food & groceries+82%
  • Transport+100%
  • Utilities+57%
  • Healthcare+45%
  • Goods & services+67%

â–¤ Full comparison

Buenos Aires, ARMadrid, ES
Cost of living
Overall cost index53103
Housing46120
Food55100
Transport4080
Utilities70110
Healthcare5580
Goods & services60100
Housing
Rent, 1-bed centre$500/mo$1,300/mo
Rent, 1-bed outside$350/mo$950/mo
Rent, 3-bed centre$1,000/mo$2,600/mo
Buy price / m² centre$2,500$6,000
Money & purchasing power
$1,000 goes as far as$1,880$971
Inexpensive meal$8$14
Monthly transit pass$15$60
Taxes
Income tax (top rate)35%47%
VAT / sales tax21%21%
Social security (employee)—6.4%
Corporate tax35%25%
Capital gains—28%
Economy & salaries
Avg net salary$500/mo$1,900/mo
Minimum wage—$1,300/mo
GDP per capita$13,000$34,000
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowLow
Coworking spaces4570
Time zoneUTC-3UTC+1
Quality of life
Safety index4262
Healthcare index6880
Pollution index5045
Internet speed60 Mbps200 Mbps
Walkability8088
Public transport7290
Family-friendly6268
Tap waterSafe to drinkSafe to drink
Health insurance$60/mo—
Life expectancy77 yr83 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+25 °C+6 °C
July avg+11 °C+25 °C
Sunny days / year180250
Rainfall / year1,150 mm420 mm
Connectivity
Flight to nearest hub3 h1 h

Taxes & Economy & salaries: Argentina vs Spain. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Is Buenos Aires cheaper than Madrid?

Madrid is about 94% more expensive than Buenos Aires overall — its cost-of-living index is 103 versus 53 for Buenos Aires.

How much do you need to earn in Madrid to live like in Buenos Aires?

To keep the same standard of living, a $75,000 salary in Buenos Aires is worth about $145,207 in Madrid. Enter your own figure in the calculator above.

Which has lower taxes, Buenos Aires or Madrid?

Argentina has the lower top income-tax rate — 35% versus 47% in Spain.

â—· More comparisons from Buenos Aires

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.