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Melbourne vs Madrid

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 Madrid, ES, you'd need

$65,438 / year

Madrid, ES is 13% cheaper overall

Category breakdown (Madrid, ES vs Melbourne, AU)

  • Housing-13%
  • Food & groceries-11%
  • Transport-20%
  • Utilities+2%
  • Healthcare-16%
  • Goods & services-14%

Full comparison

Melbourne, AUMadrid, ES
Cost of living
Overall cost index118103
Housing138120
Food112100
Transport10080
Utilities108110
Healthcare9580
Goods & services116100
Housing
Rent, 1-bed centre$1,800/mo$1,300/mo
Rent, 1-bed outside$1,350/mo$950/mo
Rent, 3-bed centre$3,400/mo$2,600/mo
Buy price / m² centre$9,000$6,000
Money & purchasing power
$1,000 goes as far as$847$971
Inexpensive meal$17$14
Monthly transit pass$110$60
Taxes
Income tax (top rate)45%47%
VAT / sales tax10%21%
Social security (employee)6.4%
Corporate tax30%25%
Capital gains28%
Economy & salaries
Avg net salary$3,900/mo$1,900/mo
Minimum wage$2,600/mo$1,300/mo
GDP per capita$65,000$34,000
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeLow
Coworking spaces7070
Time zoneUTC+10UTC+1
Quality of life
Safety index6862
Healthcare index8580
Pollution index3045
Internet speed90 Mbps200 Mbps
Walkability7888
Public transport8090
Family-friendly7468
Tap waterSafe to drinkSafe to drink
Life expectancy83 yr83 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+20 °C+6 °C
July avg+10 °C+25 °C
Sunny days / year180250
Rainfall / year600 mm420 mm
Connectivity
Flight to nearest hub1.5 h1 h

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

? Frequently asked questions

Is Melbourne cheaper than Madrid?

Madrid is about 13% cheaper than Melbourne overall — its cost-of-living index is 103 versus 118 for Melbourne.

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

To keep the same standard of living, a $75,000 salary in Melbourne is worth about $65,438 in Madrid. Enter your own figure in the calculator above.

Which has lower taxes, Melbourne or Madrid?

Australia has the lower top income-tax rate — 45% versus 47% in Spain.

More comparisons from Melbourne

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