🇪🇸 Spain · #251 of 546 cities · 2026

Should I Move to Madrid?

39.9% cheaper than NYC — and purchasing power is strong.

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

-39.9%
vs NYC
EUR 941
Estimated rent in
EUR 2,962
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 2,962/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
60.1 Moderate
Rent
36.1 Affordable
Groceries
58.9 Moderate
Restaurants
62.8 Moderate
Purchasing Power
94.2 Strong

Estimated rent in Madrid

1-BR — City centre EUR 941/mo
1-BR — Outside centre EUR 706/mo
3-BR — City centre EUR 1,638/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 2,962/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.

🇪🇸 Palma de Mallorca
Spain
CoL index 59.7
🇪🇸 Barcelona
Spain
CoL index 60.8
🇪🇸 Valladolid
Spain
CoL index 61.6

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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