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Madrid vs Stockholm

Madrid runs about 15% cheaper than Stockholm for this household, a difference of 354 USD a month.

Vistas de Madrid desde la azotea del Edificio España (Sky Bar 360º, del Hotel Riu Plaza España). Imagen tomada el 7 de junio de 2021
Madrid
$2,369/month · Spain
Zarateman · CC0
Vaulted cellar room under the ruins of the Black Friars’ Cloister SvartbrödraklostretPlace: Old Town, Stockholm, Sweden
Stockholm
$2,723/month · Sweden
Jacob Truedson Demitz for Ristesson Ent · Public domain
Madrid monthly
$2,369
Index 37 (NYC = 100)
Stockholm monthly
$2,723
Index 43 (NYC = 100)
Difference
+15%
Stockholm relative to Madrid
Rent gap
$200
Stockholm costs more for a central 1-bed
By category

Where the gap actually is

MadridStockholm
  • Housing
    Housing: Madrid $1,400, Stockholm $1,600. Cheaper in Madrid.
  • Food
    Food: Madrid $512, Stockholm $587. Cheaper in Madrid.
  • Transport
    Transport: Madrid $93, Stockholm $155. Cheaper in Madrid.
  • Utilities
    Utilities: Madrid $139, Stockholm $140. Cheaper in Madrid.
  • Healthcare
    Healthcare: Madrid $35, Stockholm $17. Cheaper in Stockholm.
  • Lifestyle
    Lifestyle: Madrid $119, Stockholm $142. Cheaper in Madrid.
  • Other
    Other: Madrid $72, Stockholm $83. Cheaper in Madrid.
Each row is one category priced in both cities for the same household. The bar is the gap; exact figures are in the table below.
Interactive — adjust the household

Full comparison

MetricMadridStockholm
Cost
Total monthly cost2,369 USD✓2,723 USD
Cost index (New York = 100)37✓43
Housing1,400 USD✓1,600 USD
Utilities139 USD✓140 USD
Food512 USD✓587 USD
Transport93 USD✓155 USD
Healthcare35 USD17 USD✓
Lifestyle119 USD✓142 USD
Income & tax
Take-home on 100,000 USD/yr5,316 USD✓5,115 USD
Effective tax + social rate36.2%✓38.6%
Left over each month2,947 USD✓2,392 USD
Average local net salary1,900 USD3,100 USD✓
Housing
1-bed rent, city centre1,400 USD✓1,600 USD
3-bed rent, city centre2,500 USD✓3,000 USD
Buy price per m², centre6,500 USD✓8,500 USD
Quality of life
Safety76/10084/100✓
Healthcare84/10088/100✓
Air quality64/10090/100✓
Public transport92/10092/100
Walkability90/10090/100
English proficiency58/10096/100✓
Nightlife94/100✓80/100
Family friendliness80/10094/100✓
Median broadband220 Mbps230 Mbps✓
Climate
Average temperature15°C8°C✓
Summer high32°C23°C✓
Winter low3°C✓-4°C
Sunshine hours per year2,770 h✓1,820 h
Annual rainfall440 mm✓540 mm
Practicalities
Remote-work visaYes✓No
Beach access330 min25 min✓
CurrencyEURSEK
Time zoneEurope/MadridEurope/Stockholm

Madrid runs about 15% cheaper than Stockholm for this household, a difference of 354 USD a month.

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FAQ

Frequently asked

Is Madrid or Stockholm cheaper?

Madrid runs about 15% cheaper than Stockholm for this household, a difference of 354 USD a month.

What salary do you need in Stockholm compared with Madrid?

On a $100,000 gross salary you would take home $5,316 a month in Madrid and $5,115 in Stockholm, before local costs. Use the salary converter for an exact equivalent.

Which has better quality of life, Madrid or Stockholm?

Madrid scores 76/100 on safety and 84/100 on healthcare; Stockholm scores 84 and 88. Madrid averages 15°C against 8°C in Stockholm.