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Cost of living in Madrid 2026

Typical rent, prices and the overall cost index for Madrid, with quick comparisons to other cities.

Cost index (base New York = 100)

62.3

38% cheaper than New York

MadridUSD
1-bed apartment, centre 1,300 EUR $1,495
1-bed apartment, outside centre 950 EUR $1,093
3-bed apartment, centre 2,200 EUR $2,530
Room in shared flat 550 EUR $633
Buy price per m2 4,500 EUR $5,175
Living cost excl. rent 950 EUR $1,093
Typical net salary 2,100 EUR $2,415

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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.