✦ Compare
Madrid vs
Mexico City
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
Madrid, ES vs Mexico City, MX at a glance — Mexico City, MX is 37% cheaper than Madrid, ES overall. Median 1-bed rent runs about $800/mo versus $1,300/mo. Top income tax: 35% vs 47%.
To keep the same standard of living in Mexico City, MX, you'd need
$46,893 / year
Mexico City, MX is 37% cheaper overall
Category breakdown (Mexico City, MX vs Madrid, ES)
- Housing-50%
- Food & groceries-35%
- Transport-38%
- Utilities-27%
- Healthcare-19%
- Goods & services-30%
◎ How Madrid, ES and Mexico City, MX compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| Madrid, ES | Mexico City, MX | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 103 | 64 |
| Housing | 120 | 60 |
| Food | 100 | 65 |
| Transport | 80 | 50 |
| Utilities | 110 | 80 |
| Healthcare | 80 | 65 |
| Goods & services | 100 | 70 |
| Housing | ||
| Rent, 1-bed centre | $1,300/mo | $800/mo |
| Rent, 1-bed outside | $950/mo | $550/mo |
| Rent, 3-bed centre | $2,600/mo | $1,600/mo |
| Buy price / m² centre | $6,000 | $3,200 |
| Money & purchasing power | ||
| $1,000 goes as far as | $971 | $1,553 |
| Inexpensive meal | $14 | $5 |
| Monthly transit pass | $60 | $20 |
| Taxes | ||
| Income tax (top rate) | 47% | 35% |
| VAT / sales tax | 21% | 16% |
| Social security (employee) | 6.4% | — |
| Corporate tax | 25% | 30% |
| Capital gains | 28% | — |
| Economy & salaries | ||
| Avg net salary | $1,900/mo | $700/mo |
| Minimum wage | $1,652/mo✓ | $420/mo |
| GDP per capita | $38,627✓ | $13,889✓ |
| Inflation (annual) | 2.7%✓ | 3.8%✓ |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | Yes |
| English proficiency | Low | Low |
| Coworking spaces | 70 | 70 |
| Time zone | UTC+1 | UTC-6 |
| Quality of life | ||
| Quality of life (overall) | 74 | 56 |
| Safety index | 62 | 40 |
| Healthcare index | 80 | 68 |
| Pollution index | 45 | 75 |
| Internet speed | 200 Mbps | 80 Mbps |
| Walkability | 88 | 68 |
| Public transport | 90 | 70 |
| Family-friendly | 68 | 60 |
| Tap water | Safe to drink | Use caution |
| Health insurance | — | $80/mo |
| Life expectancy | 84 yr✓ | 75 yr✓ |
| LGBTQ+ acceptance | High | Moderate |
| Climate | ||
| January avg | +6 °C | +14 °C |
| July avg | +25 °C | +17 °C |
| Sunny days / year | 250 | 240 |
| Rainfall / year | 420 mm | 850 mm |
| Connectivity | ||
| Flight to nearest hub | 1 h | 1 h |
Taxes & Economy & salaries: Spain vs Mexico. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
✓ = official statistics (Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
Cost of living: Madrid vs Mexico City — in your currency
Converted from USD at approximate rates (2026-09).
Good to know before you move to Madrid
Spain's sunny, sociable capital — great transit and food, affordable by Western-European standards.
- Currency
- Euro (€ EUR)
- Languages
- Spanish
- Time zone
- UTC+1
- Internet
- 200 Mbps
- English
- Rarely spoken
- Safety
- 62/100
- Climate
- ❄ 6°C · ☀ 25°C · 250 sunny days/yr
- Tap water
- Safe to drink
- Power
- F · 230V
- Driving
- Right-hand side
- Popular areas
- Malasaña · Chamberí · La Latina
Good to know before you move to Mexico City
A vast, vibrant capital with a perfect spring-like climate — a top nomad pick, though air and traffic bite.
- Currency
- Mexican peso ($ MXN)
- Languages
- Spanish
- Time zone
- UTC-6
- Internet
- 80 Mbps
- English
- Rarely spoken
- Safety
- 40/100
- Climate
- ❄ 14°C · ☀ 17°C · 240 sunny days/yr
- Tap water
- Bottled recommended
- Power
- A/B · 127V
- Driving
- Right-hand side
- Popular areas
- Roma · Condesa · Polanco
Plan your move to Madrid
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalLocalrent
- Airport transferWelcome Pickups
- Tours & ticketsKlook
- Tours & ticketsTiqets
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Flight compensationAirHelp
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Plan your move to Mexico City
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalLocalrent
- Airport transferKiwitaxi
- Tours & ticketsKlook
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
Sponsored
? Frequently asked questions
Moving from Madrid to Mexico City: cheaper or more expensive?
Moving from Madrid to Mexico City, your cost of living will be roughly 37% cheaper. Mexico City’s cost-of-living index is 64 versus 103 for Madrid (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Madrid cheaper than Mexico City?
Mexico City is about 37% cheaper than Madrid overall — its cost-of-living index is 64 versus 103 for Madrid.
Which is more expensive, Madrid or Mexico City?
Madrid is more expensive than Mexico City. Its cost-of-living index is 103 vs 64 (US = 100) — about 61% higher.
Is rent cheaper in Madrid or Mexico City?
Rent is cheaper in Mexico City — about $800/month for a one-bedroom in the city centre, vs $1,300 in Madrid.
How much do you need to earn in Mexico City to live like in Madrid?
To keep the same standard of living, a $75,000 salary in Madrid is worth about $46,893 in Mexico City. Enter your own figure in the calculator above.
Which has lower taxes, Madrid or Mexico City?
Mexico has the lower top income-tax rate — 35% versus 47% in Spain.
◷ More comparisons from Madrid
How we calculate these figures →
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.