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Madrid vs Valencia

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 Valencia, ES at a glance — Valencia, ES is 10% cheaper than Madrid, ES overall. Median 1-bed rent runs about $1,000/mo versus $1,300/mo. The top national income-tax rate is 47%.

$/ year

To keep the same standard of living in Valencia, ES, you'd need

$67,660 / year

Valencia, ES is 10% cheaper overall

Category breakdown (Valencia, ES vs Madrid, ES)

  • Housing-13%
  • Food & groceries-8%
  • Transport-13%
  • Utilities-9%
  • Healthcare-3%
  • Goods & services-8%

◎ How Madrid, ES and Valencia, ES compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Madrid, ESValencia, ES

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

▤ Full comparison

Madrid, ESValencia, ES
Cost of living
Overall cost index10393
Housing120105
Food10092
Transport8070
Utilities110100
Healthcare8078
Goods & services10092
Housing
Rent, 1-bed centre$1,300/mo$1,000/mo
Rent, 1-bed outside$950/mo$750/mo
Rent, 3-bed centre$2,600/mo$1,900/mo
Buy price / m² centre$6,000$3,200
Money & purchasing power
$1,000 goes as far as$971$1,076
Inexpensive meal$14$12
Monthly transit pass$60$40
Taxes
Income tax (top rate)47%47%
VAT / sales tax21%21%
Social security (employee)6.4%6.4%
Corporate tax25%25%
Capital gains28%28%
Economy & salaries
Avg net salary$1,900/mo$1,900/mo
Avg annual wage (OECD, PPP)$57,779✓$57,779✓
Minimum wage$1,652/mo✓$1,652/mo✓
GDP per capita$38,627✓$38,627✓
Inflation (annual)2.7%✓2.7%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowModerate
Coworking spaces7040
Time zoneUTC+1UTC+1
Quality of life
Quality of life (overall)7477
Safety index6272
Healthcare index8080
Pollution index4535
Internet speed200 Mbps300 Mbps
Walkability8880
Public transport9074
Family-friendly6874
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr✓84 yr✓
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+12 °C
July avg+25 °C+26 °C
Sunny days / year250300
Rainfall / year420 mm475 mm
Connectivity
Flight to nearest hub1 h1 h

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

MadridValencia
1-bed rent, city centre$1,300$1,000
1-bed rent, outside centre$950$750
Inexpensive meal$14$12
Monthly transit pass$60$40
Utilities (monthly)$150$105

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 Valencia

The paella-and-beaches value pick that keeps topping 'best city to live' lists — Mediterranean sun, a walkable centre and the Turia park, at rents well below Madrid or Barcelona.

Currency
Euro (€ EUR)
Languages
Spanish
Time zone
UTC+1
Internet
300 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 12°C · ☀ 26°C · 300 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Ruzafa · El Carmen · El Cabanyal · Eixample

? Frequently asked questions

Moving from Madrid to Valencia: cheaper or more expensive?

Moving from Madrid to Valencia, your cost of living will be roughly 10% cheaper. Valencia’s cost-of-living index is 93 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 Valencia?

Valencia is about 10% cheaper than Madrid overall — its cost-of-living index is 93 versus 103 for Madrid.

Which is more expensive, Madrid or Valencia?

Madrid is more expensive than Valencia. Its cost-of-living index is 103 vs 93 (US = 100) — about 11% higher.

Is rent cheaper in Madrid or Valencia?

Rent is cheaper in Valencia — about $1,000/month for a one-bedroom in the city centre, vs $1,300 in Madrid.

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

To keep the same standard of living, a $75,000 salary in Madrid is worth about $67,660 in Valencia. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Valencia?

Both cities are in the same country, so national income tax (47%) and VAT are identical; only local cost of living differs.

◷ 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.