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Madrid vs Sydney

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 Sydney, AU at a glance — Sydney, AU is 24% more expensive than Madrid, ES overall. Median 1-bed rent runs about $2,200/mo versus $1,300/mo. Top income tax: 45% vs 47%.

$/ year

To keep the same standard of living in Sydney, AU, you'd need

$92,913 / year

Sydney, AU is 24% more expensive overall

Category breakdown (Sydney, AU vs Madrid, ES)

  • Housing+35%
  • Food & groceries+15%
  • Transport+31%
  • Utilities0%
  • Healthcare+19%
  • Goods & services+20%

◎ How Madrid, ES and Sydney, AU compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Madrid, ESSydney, AU

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

▤ Full comparison

Madrid, ESSydney, AU
Cost of living
Overall cost index103128
Housing120162
Food100115
Transport80105
Utilities110110
Healthcare8095
Goods & services100120
Housing
Rent, 1-bed centre$1,300/mo$2,200/mo
Rent, 1-bed outside$950/mo$1,650/mo
Rent, 3-bed centre$2,600/mo$4,200/mo
Buy price / m² centre$6,000$12,000
Money & purchasing power
$1,000 goes as far as$971$784
Inexpensive meal$14$18
Monthly transit pass$60$130
Taxes
Income tax (top rate)47%45%
VAT / sales tax21%10%
Social security (employee)6.4%—
Corporate tax25%30%
Capital gains28%—
Economy & salaries
Avg net salary$1,900/mo$3,900/mo
Minimum wage$1,652/mo✓$2,600/mo
GDP per capita$38,627✓$65,130✓
Inflation (annual)2.7%✓2.9%✓
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyLowNative
Coworking spaces7090
Time zoneUTC+1UTC+10
Quality of life
Quality of life (overall)7474
Safety index6274
Healthcare index8085
Pollution index4530
Internet speed200 Mbps90 Mbps
Walkability8878
Public transport9080
Family-friendly6876
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr✓83 yr✓
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+23 °C
July avg+25 °C+13 °C
Sunny days / year250236
Rainfall / year420 mm1,210 mm
Connectivity
Flight to nearest hub1 h3 h

Taxes & Economy & salaries: Spain vs Australia. 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 Sydney — in your currency

MadridSydney
1-bed rent, city centre$1,300$2,200
1-bed rent, outside centre$950$1,650
Inexpensive meal$14$18
Monthly transit pass$60$130
Utilities (monthly)$150$150

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 Sydney

Beaches, sunshine and a high quality of life — for a price, with housing among the least affordable in the developed world.

Currency
Australian dollar ($ AUD)
Languages
English
Time zone
UTC+10
Internet
90 Mbps
English
Native language
Safety
74/100
Climate
❄ 23°C · ☀ 13°C · 236 sunny days/yr
Tap water
Safe to drink
Power
I · 230V
Driving
Left-hand side
Popular areas
Surry Hills · Bondi · Newtown

? Frequently asked questions

Moving from Madrid to Sydney: cheaper or more expensive?

Moving from Madrid to Sydney, your cost of living will be roughly 24% more expensive. Sydney’s cost-of-living index is 128 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 Sydney?

Sydney is about 24% more expensive than Madrid overall — its cost-of-living index is 128 versus 103 for Madrid.

Which is more expensive, Madrid or Sydney?

Sydney is more expensive than Madrid. Its cost-of-living index is 128 vs 103 (US = 100) — about 24% higher.

Is rent cheaper in Madrid or Sydney?

Rent is cheaper in Madrid — about $1,300/month for a one-bedroom in the city centre, vs $2,200 in Sydney.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $92,913 in Sydney. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Sydney?

Australia has the lower top income-tax rate — 45% 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.