Madrid, SpainCapital City
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Moving to Madrid is not for the faint of heart - the bureaucracy is a persistent headache and the hot, dry summers can be brutal. But with a population of over 3.5 million, Madrid is the second-largest city in the EU and a major financial and cultural hub. The tax burden is heavy, but the city boasts world-class museums, a vibrant nightlife, and easy access to green spaces. Those who can handle the challenges will find Madrid a diverse, cosmopolitan destination that rewards the adventurous.
Can I afford Madrid?
$
✅ Meets Spain Digital Nomad Visa Income Rule.
You could save
$1058 / month
Savings Rate35%
Rent $1157
Living Costs $785
63
Safety389
Healthcare100
Walkability100
NomadGrocery Basket
Milk (1L)$1
Bread (loaf)—
Eggs (12)$4
Rice (1kg)$2
Chicken (1kg)—
Eating Out
Meal (Inexpensive)$17
Meal (Mid-range)$104
Cappuccino$3
Water (0.33L)$2
Utilities & Lifestyle
Utilities (mo)$203
Mobile Plan (mo)$19
Gym (mo)$50
Cinema Ticket$12
Housing
1BR Center (mo)$1157
1BR Outside (mo)—
3BR Center (mo)$1788
3BR Outside (mo)—
Expat Life
English Proficiency
—Expat Community
—Top Neighborhoods
—Elevation
660mNearest Airport
MAD (14km)Local Economy
Avg Monthly Salary
$2570Mortgage Interest Rate
3.15%🌐 Infrastructure & Lifestyle
Avg Internet
— Temperature
— Annual Rainfall
517 mm Coworking Spaces
— Best Months to Visit
Mar, Apr, May, Sep