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Porto vs Madrid

Porto runs about 23% cheaper than Madrid for this household, a difference of 439 USD a month.

View of Earth taken during ISS Expedition 51.
Porto
$1,927/month · Portugal
Earth Science and Remote Sensing Unit, Lyndon B. Johnson Space Center · Public domain
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
$2,366/month · Spain
Zarateman · CC0
Porto monthly
$1,927
Index 30 (NYC = 100)
Madrid monthly
$2,366
Index 37 (NYC = 100)
Difference
+23%
Madrid relative to Porto
Rent gap
$350
Madrid costs more for a central 1-bed
By category

Where the gap actually is

PortoMadrid
  • Housing
    Housing: Porto $1,050, Madrid $1,400. Cheaper in Porto.
  • Food
    Food: Porto $459, Madrid $512. Cheaper in Porto.
  • Transport
    Transport: Porto $85, Madrid $93. Cheaper in Porto.
  • Utilities
    Utilities: Porto $131, Madrid $136. Cheaper in Porto.
  • Healthcare
    Healthcare: Porto $28, Madrid $35. Cheaper in Porto.
  • Lifestyle
    Lifestyle: Porto $109, Madrid $119. Cheaper in Porto.
  • Other
    Other: Porto $65, Madrid $72. Cheaper in Porto.
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

MetricPortoMadrid
Cost
Total monthly cost1,927 USD✓2,366 USD
Cost index (New York = 100)30✓37
Housing1,050 USD✓1,400 USD
Utilities131 USD✓136 USD
Food459 USD✓512 USD
Transport85 USD✓93 USD
Healthcare28 USD✓35 USD
Lifestyle109 USD✓119 USD
Income & tax
Take-home on 100,000 USD/yr4,561 USD5,316 USD✓
Effective tax + social rate45.3%36.2%✓
Left over each month2,634 USD2,950 USD✓
Average local net salary1,350 USD1,900 USD✓
Housing
1-bed rent, city centre1,050 USD✓1,400 USD
3-bed rent, city centre1,900 USD✓2,500 USD
Buy price per m², centre4,200 USD✓6,500 USD
Quality of life
Safety80/100✓76/100
Healthcare72/10084/100✓
Air quality78/100✓64/100
Public transport72/10092/100✓
Walkability84/10090/100✓
English proficiency74/100✓58/100
Nightlife78/10094/100✓
Family friendliness78/10080/100✓
Median broadband175 Mbps220 Mbps✓
Climate
Average temperature15°C15°C
Summer high26°C✓32°C
Winter low5°C✓3°C
Sunshine hours per year2,470 h2,770 h✓
Annual rainfall1200 mm440 mm✓
Practicalities
Remote-work visaYesYes
Beach access20 min✓330 min
CurrencyEUREUR
Time zoneEurope/LisbonEurope/Madrid

Porto runs about 23% cheaper than Madrid for this household, a difference of 439 USD a month.

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Cost of living in PortoCost of living in MadridConvert a salary between themFlip the comparison
Porto vs ValenciaPorto vs ViennaPorto vs Lisbon
FAQ

Frequently asked

Is Porto or Madrid cheaper?

Porto runs about 23% cheaper than Madrid for this household, a difference of 439 USD a month.

What salary do you need in Madrid compared with Porto?

On a $100,000 gross salary you would take home $4,561 a month in Porto and $5,316 in Madrid, before local costs. Use the salary converter for an exact equivalent.

Which has better quality of life, Porto or Madrid?

Porto scores 80/100 on safety and 72/100 on healthcare; Madrid scores 76 and 84. Porto averages 15°C against 15°C in Madrid.