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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.

$/ 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%

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$1,300/mo$2,600/mo
GDP per capita$34,000$65,000
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyLowNative
Coworking spaces7090
Time zoneUTC+1UTC+10
Quality of life
Safety index6274
Healthcare index8085
Pollution index4530
Internet speed200 Mbps90 Mbps
Walkability8878
Public transport9080
Family-friendly6876
Tap waterSafe to drinkSafe to drink
Life expectancy83 yr83 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.

? Frequently asked questions

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.

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

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