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Madrid vs Mumbai

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 Mumbai, IN, you'd need

$41,760 / year

Mumbai, IN is 44% cheaper overall

Category breakdown (Mumbai, IN vs Madrid, ES)

  • Housing-50%
  • Food & groceries-50%
  • Transport-44%
  • Utilities-23%
  • Healthcare-31%
  • Goods & services-44%

â–¤ Full comparison

Madrid, ESMumbai, IN
Cost of living
Overall cost index10357
Housing12060
Food10050
Transport8045
Utilities11085
Healthcare8055
Goods & services10056
Housing
Rent, 1-bed centre$1,300/mo$700/mo
Rent, 1-bed outside$950/mo$400/mo
Rent, 3-bed centre$2,600/mo$1,800/mo
Buy price / m² centre$6,000$8,000
Money & purchasing power
$1,000 goes as far as$971$1,744
Inexpensive meal$14$3
Monthly transit pass$60$15
Taxes
Income tax (top rate)47%30%
VAT / sales tax21%18%
Social security (employee)6.4%—
Corporate tax25%25%
Capital gains28%—
Economy & salaries
Avg net salary$1,900/mo$500/mo
Minimum wage$1,300/mo$150/mo
GDP per capita$34,000$2,700
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyLowHigh
Coworking spaces7080
Time zoneUTC+1UTC+5.5
Quality of life
Safety index6250
Healthcare index8060
Pollution index4585
Internet speed200 Mbps70 Mbps
Walkability8860
Public transport9060
Family-friendly6855
Tap waterSafe to drinkUse caution
Health insurance—$30/mo
Life expectancy83 yr70 yr
LGBTQ+ acceptanceHighLow
Climate
January avg+6 °C+24 °C
July avg+25 °C+28 °C
Sunny days / year250200
Rainfall / year420 mm2,400 mm
Connectivity
Flight to nearest hub1 h3 h

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

? Frequently asked questions

Is Madrid cheaper than Mumbai?

Mumbai is about 44% cheaper than Madrid overall — its cost-of-living index is 57 versus 103 for Madrid.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $41,760 in Mumbai. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Mumbai?

India has the lower top income-tax rate — 30% versus 47% in Spain.

â—· More comparisons from Madrid

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