🇪🇸 Spain · #251 of 538 cities · 2026

Should I Move to Madrid?

41.3% cheaper than NYC — and purchasing power is strong.

Run the calculator below with your actual salary to get a personalised answer.

-41.3%
vs NYC
EUR 837
Estimated rent in
EUR 2,963
Net take-home
Strong
Purchasing Power

Source: Numbeo · NYC = 100 baseline · Data verified Q1 2026

Personalised Answer

Compare your salary — move to Madrid?

Example: EUR 50,000 gross/year in Spain → EUR 2,963/month net after tax (28.9% effective rate). Full Spain tax breakdown → →

The numbers

Cost breakdown — Madrid

Cost indices vs NYC = 100

Cost of Living
58.7 Moderate
Rent
32.6 Very affordable
Groceries
57.5 Moderate
Restaurants
60.4 Moderate
Purchasing Power
105.2 Strong

Estimated rent in Madrid

1-BR — City centre EUR 837/mo
1-BR — Outside centre EUR 628/mo
3-BR — City centre EUR 1,456/mo
Save by going outside centre ~25% cheaper

Estimated from rent index. Actual prices vary.

Tax reality

Spain take-home pay

EUR 50,000 → EUR 2,963/Net take-home (28.9% effective rate, single filer)

Full Spain tax calculator →

Similar options

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇪🇸 Barcelona
Spain
CoL index 58.7
🇪🇸 Palma de Mallorca
Spain
CoL index 58.7
🇪🇸 Oviedo
Spain
CoL index 55.9

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Madrid after tax — in seconds.

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