Can you afford Madrid?
Big-capital amenities and superb transit at Southern European prices; landlocked, and genuinely hot in August.
At a glance
Four scenarios, run for you
| Scenario | Take-home/mo | Costs/mo | Left over | Score | Verdict |
|---|---|---|---|---|---|
| Single, $60k, 1-bed centre | $3,426 | $2,366 | $1,060 | 86 | comfortable |
| Single, $100k, 1-bed centre | $5,316 | $2,366 | $2,950 | 100 | comfortable |
| Couple, $140k, 1-bed centre | $7,149 | $3,082 | $4,068 | 100 | comfortable |
| Family of four, $180k, 3-bed outer | $8,983 | $5,537 | $3,446 | 98 | comfortable |
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FAQ
Frequently asked
What income do you need to live comfortably in Madrid?
On our scoring, "comfortable" means keeping at least 25% of take-home pay after all living costs. For a single adult in a central one-bedroom that needs roughly $54,000 gross a year in Madrid.
Can a family of four live in Madrid on $180,000?
3,446 USD a month left over — 38% of take-home pay. Housing takes 20% of it.
Is $100,000 a good salary in Madrid?
2,950 USD a month left over — 55% of take-home pay. Housing takes 26% of it. That scores 100/100 on our affordability scale — "comfortable".