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Madrid vs Porto

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 Porto, PT at a glance — Porto, PT is 14% cheaper than Madrid, ES overall. Median 1-bed rent runs about $1,050/mo versus $1,300/mo. Top income tax: 48% vs 47%.

$/ year

To keep the same standard of living in Porto, PT, you'd need

$64,282 / year

Porto, PT is 14% cheaper overall

Category breakdown (Porto, PT vs Madrid, ES)

  • Housing-17%
  • Food & groceries-12%
  • Transport-19%
  • Utilities-14%
  • Healthcare-10%
  • Goods & services-12%

◎ How Madrid, ES and Porto, PT compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Madrid, ESPorto, PT

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Madrid, ESPorto, PT
Cost of living
Overall cost index10388
Housing120100
Food10088
Transport8065
Utilities11095
Healthcare8072
Goods & services10088
Housing
Rent, 1-bed centre$1,300/mo$1,050/mo
Rent, 1-bed outside$950/mo$780/mo
Rent, 3-bed centre$2,600/mo$2,000/mo
Buy price / m² centre$6,000$4,200
Money & purchasing power
$1,000 goes as far as$971$1,133
Inexpensive meal$14$11
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
Avg annual wage (OECD, PPP)$57,779✓$44,937✓
Minimum wage$1,652/mo✓$1,244/mo✓
GDP per capita$38,627✓$32,082✓
Inflation (annual)2.7%✓2.3%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowModerate
Coworking spaces7045
Time zoneUTC+1UTC+0
Quality of life
Quality of life (overall)7473
Safety index6272
Healthcare index8076
Pollution index4538
Internet speed200 Mbps200 Mbps
Walkability8878
Public transport9070
Family-friendly6868
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr✓82 yr✓
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+10 °C
July avg+25 °C+20 °C
Sunny days / year250220
Rainfall / year420 mm1,150 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.

✓ = official statistics (OECD (PPP), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Madrid vs Porto — in your currency

MadridPorto
1-bed rent, city centre$1,300$1,050
1-bed rent, outside centre$950$780
Inexpensive meal$14$11
Monthly transit pass$60$45
Utilities (monthly)$150$110

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 Porto

Portugal's soulful second city — port-wine cellars, granite churches and the Douro riverfront, at noticeably lower rents than Lisbon. A fast-growing nomad and expat base with the same sunshine and safety.

Currency
Euro (€ EUR)
Languages
Portuguese
Time zone
UTC+0
Internet
200 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 10°C · ☀ 20°C · 220 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Cedofeita · Foz do Douro · Bonfim · Ribeira

? Frequently asked questions

Moving from Madrid to Porto: cheaper or more expensive?

Moving from Madrid to Porto, your cost of living will be roughly 14% cheaper. Porto’s cost-of-living index is 88 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 Porto?

Porto is about 14% cheaper than Madrid overall — its cost-of-living index is 88 versus 103 for Madrid.

Which is more expensive, Madrid or Porto?

Madrid is more expensive than Porto. Its cost-of-living index is 103 vs 88 (US = 100) — about 17% higher.

Is rent cheaper in Madrid or Porto?

Rent is cheaper in Porto — about $1,050/month for a one-bedroom in the city centre, vs $1,300 in Madrid.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $64,282 in Porto. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Porto?

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

◷ 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.