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Madrid vs Mumbai

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Cost of living

Living in Mumbai is about 54% cheaper than in Madrid.

Real buying power

In Mumbai, your money buys 3% more than in Madrid.

To live like in Madrid, you need about 87,165 INR net in Mumbai.

net / month

Spain Madrid
EUR
India Mumbai
INR
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Madrid monthly savings

$-162

-7% of net

Mumbai monthly savings

$180

17% of net

Cost breakdown (USD / month)

MadridMumbai
1-bed apartment, centre$1,404$540
1-bed apartment, outside centre$1,026$336
3-bed apartment, centre$2,376$1,080
Room in shared flat$594$216
Buy price per m2$4,860$3,360
Living cost excl. rent$1,026$360
net / month$2,268$1,080
Confidence: low Housing modelled from indices (estimated).

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How we calculate and where the data comes from

Educational model, not financial, tax or relocation advice. Figures are estimates for 2026 and are rounded to ranges, never exact values. Our cost index is built from open data and adapted by CrawlJobs (aggregated and reweighted); it is not endorsed by the sources.

Sources: Eurostat (free reuse, Commission Decision 2011/833/EU), World Bank Open Data ICP (CC-BY-4.0), US BEA / HUD / Census (public domain), GeoNames (CC-BY-4.0). Source and product names are used for attribution only; no affiliation or endorsement is implied.