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Phoenix 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

$73,698 / year

Madrid, ES is 2% cheaper overall

Category breakdown (Madrid, ES vs Phoenix, AZ)

  • Housing+7%
  • Food & groceries0%
  • Transport-24%
  • Utilities+6%
  • Healthcare-20%
  • Goods & services-1%

Full comparison

Phoenix, AZMadrid, ES
Cost of living
Overall cost index105103
Housing112120
Food100100
Transport10580
Utilities104110
Healthcare10080
Goods & services101100
Housing
Rent, 1-bed centre$1,450/mo$1,300/mo
Rent, 1-bed outside$1,150/mo$950/mo
Rent, 3-bed centre$2,600/mo$2,600/mo
Buy price / m² centre$3,800$6,000
Money & purchasing power
$1,000 goes as far as$954$971
Inexpensive meal$16$14
Monthly transit pass$64$60
Taxes
Income tax (top rate)37%47%
VAT / sales tax0%21%
Social security (employee)7.7%6.4%
Corporate tax21%25%
Capital gains20%28%
Economy & salaries
Avg net salary$4,300/mo$1,900/mo
Minimum wage$1,257/mo$1,300/mo
GDP per capita$82,000$34,000
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeLow
Coworking spaces4070
Time zoneUTC-7UTC+1
Quality of life
Safety index5262
Healthcare index7680
Pollution index5545
Internet speed200 Mbps200 Mbps
Walkability4288
Public transport4090
Family-friendly6268
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo
Life expectancy79 yr83 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+13 °C+6 °C
July avg+35 °C+25 °C
Sunny days / year299250
Rainfall / year200 mm420 mm
Connectivity
Flight to nearest hub1.5 h1 h

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

? Frequently asked questions

Is Phoenix cheaper than Madrid?

Madrid is about 2% cheaper than Phoenix overall — its cost-of-living index is 103 versus 105 for Phoenix.

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

To keep the same standard of living, a $75,000 salary in Phoenix is worth about $73,698 in Madrid. Enter your own figure in the calculator above.

Which has lower taxes, Phoenix or Madrid?

United States has the lower top income-tax rate — 37% versus 47% in Spain.

More comparisons from Phoenix

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