CostTrek

Cost of living

Madrid

Madrid, Spain

103
Overall cost index
US = 100
$1,300
Median 1-bedroom rent
+3%
3% above the US average

In plain terms: Madrid is about 3% pricier than a typical US city. A one-bedroom in the centre runs around $1,300/month.

Cities in Spain

Category breakdown

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

  • Housing120+20%
  • Food & groceries1000%
  • Transport8020%
  • Utilities110+10%
  • Healthcare8020%
  • Goods & services1000%

About

Spain's sunny, sociable capital — great transit and food, affordable by Western-European standards.

Currency
Euro · EUR
Languages
Spanish
Coordinates
40.42, -3.70
Emergency
112

What things cost

1-bed, city centre$1,300 /mo
1-bed, outside centre$950 /mo
Inexpensive meal$14
Monthly transit pass$60
Utilities (85 m²)$150 /mo
Internet, 100 Mbps$35 /mo

Taxes

47%

Income tax

progressive

21%

VAT / sales

6.35%

Social (employee)

25%

Corporate

28%

Capital gains

$1,900

Avg net salary

per month

Visas & residency

Digital Nomad Visa and non-lucrative visa are popular expat routes.

Schengen 90/180 for many passports.

Digital Nomad Visadigital-nomad

Remote income + Beckham-law tax option.

Non-Lucrative Visaresidence

Proof of passive income.

Permanent residence after ~5 yrs. Citizenship after ~10 yrs.

Quality of life

Safety

62/100

Healthcare

80/100

Pollution

45/100

Internet

200 Mbps

Jan avg

+6 °C

Jul avg

+25 °C

Sunny days

250/yr

Walkability

88/100

Relocation & documents

Coming soon

Where to look

RentIdealistaBuyIdealistaFlightsSkyscannerInsuranceSafetyWingCoworkingWeWork

Updated: 2026-08-14 · Sources: Cost/quality survey (placeholder) · National tax authority / OECD (headline figures)

? Frequently asked questions

How much does it cost to live in Madrid, ES?

Madrid, ES's cost-of-living index is 103 (US average = 100) — about 3% more expensive than a typical US city. A one-bedroom apartment in the centre costs around $1,300 per month.

What is the average rent in Madrid, ES?

A one-bedroom in the city centre averages about $1,300 per month, and around $950 outside the centre.

What taxes would I pay in Spain?

Spain has a top income-tax rate of 47% and a VAT or sales tax of 21%. See the taxes section above for the full breakdown.

What is the weather like in Madrid, ES?

Madrid, ES averages around +6 °C in January and +25 °C in July, with roughly 250 sunny days a year.

Compare Madrid with…

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