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Istanbul 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

$143,029 / year

Madrid, ES is 91% more expensive overall

Category breakdown (Madrid, ES vs Istanbul, TR)

  • Housing+118%
  • Food & groceries+92%
  • Transport+100%
  • Utilities+83%
  • Healthcare+78%
  • Goods & services+67%

Full comparison

Istanbul, TRMadrid, ES
Cost of living
Overall cost index54103
Housing55120
Food52100
Transport4080
Utilities60110
Healthcare4580
Goods & services60100
Housing
Rent, 1-bed centre$650/mo$1,300/mo
Rent, 1-bed outside$400/mo$950/mo
Rent, 3-bed centre$1,300/mo$2,600/mo
Buy price / m² centre$2,500$6,000
Money & purchasing power
$1,000 goes as far as$1,852$971
Inexpensive meal$6$14
Monthly transit pass$30$60
Taxes
Income tax (top rate)40%47%
VAT / sales tax20%21%
Social security (employee)15%6.4%
Corporate tax25%25%
Capital gains28%
Economy & salaries
Avg net salary$700/mo$1,900/mo
Minimum wage$600/mo$1,300/mo
GDP per capita$15,666$38,627
Inflation (annual)44%2.7%
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateLow
Coworking spaces5070
Time zoneUTC+3UTC+1
Quality of life
Safety index5862
Healthcare index6580
Pollution index6245
Internet speed60 Mbps200 Mbps
Walkability7088
Public transport7290
Family-friendly6068
Tap waterUse cautionSafe to drink
Life expectancy78 yr84 yr
LGBTQ+ acceptanceLowHigh
Climate
January avg+6 °C+6 °C
July avg+24 °C+25 °C
Sunny days / year190250
Rainfall / year810 mm420 mm
Connectivity
Flight to nearest hub3 h1 h

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

? Frequently asked questions

Moving from Istanbul to Madrid: cheaper or more expensive?

Moving from Istanbul to Madrid, your cost of living will be roughly 91% more expensive. Madrid’s cost-of-living index is 103 versus 54 for Istanbul (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Istanbul cheaper than Madrid?

Madrid is about 91% more expensive than Istanbul overall — its cost-of-living index is 103 versus 54 for Istanbul.

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

To keep the same standard of living, a $75,000 salary in Istanbul is worth about $143,029 in Madrid. Enter your own figure in the calculator above.

Which has lower taxes, Istanbul or Madrid?

Turkey has the lower top income-tax rate — 40% versus 47% in Spain.

More comparisons from Istanbul

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