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Madrid vs Austin

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 Austin, TX, you'd need

$78,524 / year

Austin, TX is 5% more expensive overall

Category breakdown (Austin, TX vs Madrid, ES)

  • Housing0%
  • Food & groceries0%
  • Transport+30%
  • Utilities-7%
  • Healthcare+25%
  • Goods & services+4%

Full comparison

Madrid, ESAustin, TX
Cost of living
Overall cost index103108
Housing120120
Food100100
Transport80104
Utilities110102
Healthcare80100
Goods & services100104
Housing
Rent, 1-bed centre$1,300/mo$1,650/mo
Rent, 1-bed outside$950/mo$1,300/mo
Rent, 3-bed centre$2,600/mo$3,000/mo
Buy price / m² centre$6,000$5,000
Money & purchasing power
$1,000 goes as far as$971$927
Inexpensive meal$14$17
Monthly transit pass$60$42
Taxes
Income tax (top rate)47%37%
VAT / sales tax21%0%
Social security (employee)6.4%7.7%
Corporate tax25%21%
Capital gains28%20%
Economy & salaries
Avg net salary$1,900/mo$4,300/mo
Minimum wage$1,300/mo$1,257/mo
GDP per capita$34,000$82,000
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyLowNative
Coworking spaces7060
Time zoneUTC+1UTC-6
Quality of life
Safety index6258
Healthcare index8076
Pollution index4540
Internet speed200 Mbps200 Mbps
Walkability8842
Public transport9040
Family-friendly6865
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo
Life expectancy83 yr79 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+11 °C
July avg+25 °C+30 °C
Sunny days / year250228
Rainfall / year420 mm870 mm
Connectivity
Flight to nearest hub1 h1.5 h

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

? Frequently asked questions

Is Madrid cheaper than Austin?

Austin is about 5% more expensive than Madrid overall — its cost-of-living index is 108 versus 103 for Madrid.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $78,524 in Austin. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Austin?

United States has the lower top income-tax rate — 37% versus 47% in Spain.

More comparisons from Madrid

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