✦ Compare
Mexico City 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.
To keep the same standard of living in Madrid, ES, you'd need
$119,953 / year
Madrid, ES is 60% more expensive overall
Category breakdown (Madrid, ES vs Mexico City, MX)
- Housing+100%
- Food & groceries+54%
- Transport+60%
- Utilities+38%
- Healthcare+23%
- Goods & services+43%
Median 1-bed rent
$800 /mo
Mexico City, MX overview →
Median 1-bed rent
$1,300 /mo
Madrid, ES overview →
â–¤ Full comparison
| Mexico City, MX | Madrid, ES | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 64 | 103 |
| Housing | 60 | 120 |
| Food | 65 | 100 |
| Transport | 50 | 80 |
| Utilities | 80 | 110 |
| Healthcare | 65 | 80 |
| Goods & services | 70 | 100 |
| Housing | ||
| Rent, 1-bed centre | $800/mo | $1,300/mo |
| Rent, 1-bed outside | $550/mo | $950/mo |
| Rent, 3-bed centre | $1,600/mo | $2,600/mo |
| Buy price / m² centre | $3,200 | $6,000 |
| Money & purchasing power | ||
| $1,000 goes as far as | $1,553 | $971 |
| Inexpensive meal | $5 | $14 |
| Monthly transit pass | $20 | $60 |
| Taxes | ||
| Income tax (top rate) | 35% | 47% |
| VAT / sales tax | 16% | 21% |
| Social security (employee) | — | 6.4% |
| Corporate tax | 30% | 25% |
| Capital gains | — | 28% |
| Economy & salaries | ||
| Avg net salary | $700/mo | $1,900/mo |
| Minimum wage | $420/mo | $1,300/mo |
| GDP per capita | $12,000 | $34,000 |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | Yes |
| English proficiency | Low | Low |
| Coworking spaces | 70 | 70 |
| Time zone | UTC-6 | UTC+1 |
| Quality of life | ||
| Safety index | 40 | 62 |
| Healthcare index | 68 | 80 |
| Pollution index | 75 | 45 |
| Internet speed | 80 Mbps | 200 Mbps |
| Walkability | 68 | 88 |
| Public transport | 70 | 90 |
| Family-friendly | 60 | 68 |
| Tap water | Use caution | Safe to drink |
| Health insurance | $80/mo | — |
| Life expectancy | 75 yr | 83 yr |
| LGBTQ+ acceptance | Moderate | High |
| Climate | ||
| January avg | +14 °C | +6 °C |
| July avg | +17 °C | +25 °C |
| Sunny days / year | 240 | 250 |
| Rainfall / year | 850 mm | 420 mm |
| Connectivity | ||
| Flight to nearest hub | 1 h | 1 h |
Taxes & Economy & salaries: Mexico vs Spain. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
? Frequently asked questions
Is Mexico City cheaper than Madrid?
Madrid is about 60% more expensive than Mexico City overall — its cost-of-living index is 103 versus 64 for Mexico City.
How much do you need to earn in Madrid to live like in Mexico City?
To keep the same standard of living, a $75,000 salary in Mexico City is worth about $119,953 in Madrid. Enter your own figure in the calculator above.
Which has lower taxes, Mexico City or Madrid?
Mexico has the lower top income-tax rate — 35% versus 47% in Spain.
â—· More comparisons from Mexico City
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.