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Stockholm vs Madrid

Madrid runs about 13% cheaper than Stockholm for this household, a difference of 354 USD a month.

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
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
Stockholm monthly
$2,723
Index 43 (NYC = 100)
Madrid monthly
$2,369
Index 37 (NYC = 100)
Difference
-13%
Madrid relative to Stockholm
Rent gap
$200
Stockholm costs more for a central 1-bed
By category

Where the gap actually is

StockholmMadrid
  • Housing
    Housing: Stockholm $1,600, Madrid $1,400. Cheaper in Madrid.
  • Food
    Food: Stockholm $587, Madrid $512. Cheaper in Madrid.
  • Transport
    Transport: Stockholm $155, Madrid $93. Cheaper in Madrid.
  • Utilities
    Utilities: Stockholm $140, Madrid $139. Cheaper in Madrid.
  • Healthcare
    Healthcare: Stockholm $17, Madrid $35. Cheaper in Stockholm.
  • Lifestyle
    Lifestyle: Stockholm $142, Madrid $119. Cheaper in Madrid.
  • Other
    Other: Stockholm $83, Madrid $72. 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

MetricStockholmMadrid
Cost
Total monthly cost2,723 USD2,369 USD✓
Cost index (New York = 100)4337✓
Housing1,600 USD1,400 USD✓
Utilities140 USD139 USD✓
Food587 USD512 USD✓
Transport155 USD93 USD✓
Healthcare17 USD✓35 USD
Lifestyle142 USD119 USD✓
Income & tax
Take-home on 100,000 USD/yr5,115 USD5,316 USD✓
Effective tax + social rate38.6%36.2%✓
Left over each month2,392 USD2,947 USD✓
Average local net salary3,100 USD✓1,900 USD
Housing
1-bed rent, city centre1,600 USD1,400 USD✓
3-bed rent, city centre3,000 USD2,500 USD✓
Buy price per m², centre8,500 USD6,500 USD✓
Quality of life
Safety84/100✓76/100
Healthcare88/100✓84/100
Air quality90/100✓64/100
Public transport92/10092/100
Walkability90/10090/100
English proficiency96/100✓58/100
Nightlife80/10094/100✓
Family friendliness94/100✓80/100
Median broadband230 Mbps✓220 Mbps
Climate
Average temperature8°C✓15°C
Summer high23°C✓32°C
Winter low-4°C3°C✓
Sunshine hours per year1,820 h2,770 h✓
Annual rainfall540 mm440 mm✓
Practicalities
Remote-work visaNoYes✓
Beach access25 min✓330 min
CurrencySEKEUR
Time zoneEurope/StockholmEurope/Madrid

Madrid runs about 13% cheaper than Stockholm for this household, a difference of 354 USD a month.

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Cost of living in StockholmCost of living in MadridConvert a salary between themFlip the comparison
Stockholm vs LisbonStockholm vs CopenhagenStockholm vs Vienna
FAQ

Frequently asked

Is Stockholm or Madrid cheaper?

Madrid runs about 13% cheaper than Stockholm for this household, a difference of 354 USD a month.

What salary do you need in Madrid compared with Stockholm?

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

Which has better quality of life, Stockholm or Madrid?

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