Salary Equivalence
Madrid
Madrid, Spain — cost-of-living and salary purchasing-power profile with a price-level index of 58.0 (New York City = 100).
Key figures
| Price level index | 58.0 |
|---|---|
| Rent index | 44.0 |
| Population | 3,223,000 |
About Madrid
Madrid has a composite price-level index of 58.0 (New York City = 100) and a rent index of 44.0, making it a moderately priced city. It is home to roughly 3.2 million people and uses the EUR. The calculators below convert any salary to and from Madrid so you can judge a move in real purchasing-power terms rather than raw currency.
The comparisons below show how Madrid stacks up against the alternatives people most often weigh against it, with the specific numbers laid out side by side.
Frequently asked questions
How expensive is Madrid?
Madrid has a composite price-level index of 58.0 (NYC = 100) and a rent index of 44.0.
What currency is used in Madrid?
Madrid uses the EUR.
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Last updated 2026-06-01