Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Barcelona

Spain

COL index 57.8

vs
Madrid

Spain

COL index 54.9

Barcelona vs Madrid — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Madrid is 5.0% cheaper than Barcelona for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
BarcelonaMetricMadridΔ
57.8Cost of living index54.9-5.0%
€50,000Median gross salary€50,0000.0%
€33,783Net at €50,000 gross€33,7830.0%
€1,450Rent — 1BR centre€1,380-4.8%
€2,036Monthly COL (single)€1,953-4.1%
€58,447PPP — net / COL€61,535+5.3%
32.4%Effective tax @ €50,00032.4%0.0%
§ 02

Monthly expenses — paired

Barcelona Madrid
Rent — 1BR centre
Barcelona
€1,450
Madrid
€1,380
Groceries
Barcelona
€310
Madrid
€300
Utilities
Barcelona
€148
Madrid
€145
Transport
Barcelona
€55
Madrid
€60
Internet
Barcelona
€35
Madrid
€33
Gym
Barcelona
€38
Madrid
€35
§ 03

Salary equivalence

50,000 gross in Spain = €2,413 net monthly.

To have the same purchasing power in Madrid, you would need roughly €47,125 gross in Spain (≈ €2,674 net monthly, adjusted for cost-of-living index).

€50,000
Barcelona
€33,783
Net annual · 32.4% effective
PPP-adjusted equivalent
€58,447
Madrid
€33,783
Net annual · 32.4% effective
PPP-adjusted equivalent
€61,535
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§ 04

Pros & cons

Barcelona
  • High rent-to-income ratio (60.1%)
  • +14-month salary structure
Madrid
  • +Lower rent (€1,380 vs €1,450)
  • High rent-to-income ratio (57.2%)
  • +14-month salary structure
§ 05

The verdict

Across the data, Madrid carries a lower cost-of-living index; Madrid wins on purchasing power after costs are netted out. If purchasing power is your north star, Madrid edges it.

§ 06

Frequently asked

Is Barcelona cheaper than Madrid?+

Madrid is cheaper. Cost-of-living index: Barcelona 57.8, Madrid 54.9 — a 5.0% difference (Q1 2026).

What is the cost of living difference between Barcelona and Madrid?+

Barcelona sits at 57.8 on our COL index, Madrid at 54.9. That works out to roughly 5.0% — Madrid being the cheaper of the two.

Is Barcelona a good place to live compared to Madrid?+

It depends on priorities. Barcelona delivers €33,783 net on a €50,000 gross salary at a 32.4% effective tax rate. Madrid delivers €33,783 at 32.4%. Centre 1-bed rent: €1,450 vs €1,380.

How do salaries compare in Barcelona vs Madrid?+

On a €50,000 gross salary, take-home is €33,783/year (€2,413/month) in Barcelona and €33,783/year (€2,413/month) in Madrid.

Which city has lower taxes, Barcelona or Madrid?+

Spain has the lower effective rate at €50,000: Spain 32.4%, Spain 32.4%.

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