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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.

Buenos Aires, AR vs Madrid, ES at a glance — Madrid, ES is 94% more expensive than Buenos Aires, AR overall. Median 1-bed rent runs about $1,300/mo versus $500/mo. Top income tax: 47% vs 35%.

$/ 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%

◎ How Buenos Aires, AR and Madrid, ES compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Buenos Aires, ARMadrid, ES

Index vs the US average — the line marks 100. Lower is cheaper.

▤ 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—$1,652/mo✓
GDP per capita$14,898✓$38,627✓
Inflation (annual)—2.7%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowLow
Coworking spaces4570
Time zoneUTC-3UTC+1
Quality of life
Quality of life (overall)5874
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 expectancy78 yr✓84 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.

✓ = official statistics (Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Buenos Aires vs Madrid — in your currency

Buenos AiresMadrid
1-bed rent, city centre$500$1,300
1-bed rent, outside centre$350$950
Inexpensive meal$8$14
Monthly transit pass$15$60
Utilities (monthly)$70$150

Converted from USD at approximate rates (2026-09).

Good to know before you move to Buenos Aires

European elegance at bargain prices — steak, tango and café culture, shadowed by chronic inflation.

Currency
Argentine peso ($ ARS)
Languages
Spanish
Time zone
UTC-3
Internet
60 Mbps
English
Rarely spoken
Safety
42/100
Climate
❄ 25°C · ☀ 11°C · 180 sunny days/yr
Tap water
Safe to drink
Power
C/I · 220V
Driving
Right-hand side
Popular areas
Palermo · Recoleta · San Telmo

Good to know before you move to Madrid

Spain's sunny, sociable capital — great transit and food, affordable by Western-European standards.

Currency
Euro (€ EUR)
Languages
Spanish
Time zone
UTC+1
Internet
200 Mbps
English
Rarely spoken
Safety
62/100
Climate
❄ 6°C · ☀ 25°C · 250 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Malasaña · Chamberí · La Latina

? Frequently asked questions

Moving from Buenos Aires to Madrid: cheaper or more expensive?

Moving from Buenos Aires to Madrid, your cost of living will be roughly 94% more expensive. Madrid’s cost-of-living index is 103 versus 53 for Buenos Aires (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

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.

Which is more expensive, Buenos Aires or Madrid?

Madrid is more expensive than Buenos Aires. Its cost-of-living index is 103 vs 53 (US = 100) — about 94% higher.

Is rent cheaper in Buenos Aires or Madrid?

Rent is cheaper in Buenos Aires — about $500/month for a one-bedroom in the city centre, vs $1,300 in Madrid.

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.

◷ More comparisons from Buenos Aires

How we calculate these figures →

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