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Madrid vs London

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 London, UK, you'd need

$100,121 / year

London, UK is 33% more expensive overall

Category breakdown (London, UK vs Madrid, ES)

  • Housing+48%
  • Food & groceries+18%
  • Transport+63%
  • Utilities+18%
  • Healthcare+10%
  • Goods & services+22%

Full comparison

Madrid, ESLondon, UK
Cost of living
Overall cost index103138
Housing120178
Food100118
Transport80130
Utilities110130
Healthcare8088
Goods & services100122
Housing
Rent, 1-bed centre$1,300/mo$2,600/mo
Rent, 1-bed outside$950/mo$1,850/mo
Rent, 3-bed centre$2,600/mo$5,200/mo
Buy price / m² centre$6,000$16,000
Money & purchasing power
$1,000 goes as far as$971$727
Inexpensive meal$14$20
Monthly transit pass$60$200
Taxes
Income tax (top rate)47%45%
VAT / sales tax21%20%
Social security (employee)6.4%8%
Corporate tax25%25%
Capital gains28%24%
Economy & salaries
Avg net salary$1,900/mo$2,900/mo
Minimum wage$1,300/mo$2,050/mo
GDP per capita$34,000$49,000
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyLowNative
Coworking spaces70250
Time zoneUTC+1UTC+0
Quality of life
Safety index6255
Healthcare index8074
Pollution index4560
Internet speed200 Mbps90 Mbps
Walkability8888
Public transport9092
Family-friendly6862
Tap waterSafe to drinkSafe to drink
Life expectancy83 yr81 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+5 °C
July avg+25 °C+19 °C
Sunny days / year250106
Rainfall / year420 mm690 mm
Connectivity
Flight to nearest hub1 h1 h

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

? Frequently asked questions

Is Madrid cheaper than London?

London is about 33% more expensive than Madrid overall — its cost-of-living index is 138 versus 103 for Madrid.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $100,121 in London. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or London?

United Kingdom has the lower top income-tax rate — 45% versus 47% in Spain.

More comparisons from Madrid

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