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Madrid vs Lisbon

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 Lisbon, PT, you'd need

$70,347 / year

Lisbon, PT is 6% cheaper overall

Category breakdown (Lisbon, PT vs Madrid, ES)

  • Housing-2%
  • Food & groceries-8%
  • Transport-13%
  • Utilities-9%
  • Healthcare-6%
  • Goods & services-8%

Full comparison

Madrid, ESLisbon, PT
Cost of living
Overall cost index10397
Housing120118
Food10092
Transport8070
Utilities110100
Healthcare8075
Goods & services10092
Housing
Rent, 1-bed centre$1,300/mo$1,300/mo
Rent, 1-bed outside$950/mo$950/mo
Rent, 3-bed centre$2,600/mo$2,400/mo
Buy price / m² centre$6,000$6,000
Money & purchasing power
$1,000 goes as far as$971$1,035
Inexpensive meal$14$12
Monthly transit pass$60$45
Taxes
Income tax (top rate)47%48%
VAT / sales tax21%23%
Social security (employee)6.4%
Corporate tax25%21%
Capital gains28%28%
Economy & salaries
Avg net salary$1,900/mo$1,300/mo
Minimum wage$1,300/mo$1,000/mo
GDP per capita$34,000$27,000
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowModerate
Coworking spaces7060
Time zoneUTC+1UTC+0
Quality of life
Safety index6268
Healthcare index8076
Pollution index4540
Internet speed200 Mbps200 Mbps
Walkability8882
Public transport9078
Family-friendly6866
Tap waterSafe to drinkSafe to drink
Life expectancy83 yr81 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+11 °C
July avg+25 °C+23 °C
Sunny days / year250260
Rainfall / year420 mm725 mm
Connectivity
Flight to nearest hub1 h1 h

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

? Frequently asked questions

Is Madrid cheaper than Lisbon?

Lisbon is about 6% cheaper than Madrid overall — its cost-of-living index is 97 versus 103 for Madrid.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $70,347 in Lisbon. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Lisbon?

Spain has the lower top income-tax rate — 47% versus 48% in Portugal.

More comparisons from Madrid

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