Cost of Living in Madrid
Average rent, food, transport, utilities, and salary data for Madrid, Spain.
Overall, the cost of living in Madrid is significantly below the New York City baseline (composite index 47 vs. a New York City baseline of 100). These are representative estimates, not live pricing — see our methodology.
Rent index (NYC=100)42
Groceries index54
Dining out index52
Transport index38
Utilities index48
Median annual salary$28,000
Minimum wage$8.50/hr
Est. monthly childcare$400
Est. monthly healthcare premium$80
YoY inflation3.2%
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