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

Berlin

Germany

COL index 72.8

vs
Madrid

Spain

COL index 54.9

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

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The verdict

Living in Madrid is 24.6% cheaper than Berlin for the same lifestyle.

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

§ 01

Side-by-side stats

Better for salaryBetter for cost
BerlinMetricMadridΔ
72.8Cost of living index54.9-24.6%
€50,000Median gross salary€50,0000.0%
€33,725Net at €50,000 gross€33,783+0.2%
€1,500Rent — 1BR centre€1,380-8.0%
€2,206Monthly COL (single)€1,953-11.5%
€46,326PPP — net / COL€61,535+32.8%
32.5%Effective tax @ €50,00032.4%-0.4%
§ 02

Monthly expenses — paired

Berlin Madrid
Rent — 1BR centre
Berlin
€1,500
Madrid
€1,380
Groceries
Berlin
€310
Madrid
€300
Utilities
Berlin
€280
Madrid
€145
Transport
Berlin
€49
Madrid
€60
Internet
Berlin
€35
Madrid
€33
Gym
Berlin
€32
Madrid
€35
§ 03

Salary equivalence

50,000 gross in Germany = €2,810 net monthly.

To have the same purchasing power in Madrid, you would need roughly €36,016 gross in Spain (≈ €2,119 net monthly, adjusted for cost-of-living index).

€50,000
Berlin
€33,725
Net annual · 32.5% effective
PPP-adjusted equivalent
€46,326
Madrid
€33,783
Net annual · 32.4% effective
PPP-adjusted equivalent
€61,535
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§ 04

Pros & cons

Berlin
  • High rent-to-income ratio (53.4%)
Madrid
  • +Lower rent (€1,380 vs €1,500)
  • High rent-to-income ratio (57.2%)
  • +14-month salary structure
§ 05

The verdict

Across the data, Madrid delivers a higher take-home on a €50,000 gross salary; Madrid carries a lower cost-of-living index; Madrid has the lighter effective tax burden; Madrid wins on purchasing power after costs are netted out. If purchasing power is your north star, Madrid edges it.

§ 06

Frequently asked

Is Berlin cheaper than Madrid?+

Madrid is cheaper. Cost-of-living index: Berlin 72.8, Madrid 54.9 — a 24.6% difference (Q1 2026).

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

Berlin sits at 72.8 on our COL index, Madrid at 54.9. That works out to roughly 24.6% — Madrid being the cheaper of the two.

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

It depends on priorities. Berlin delivers €33,725 net on a €50,000 gross salary at a 32.5% effective tax rate. Madrid delivers €33,783 at 32.4%. Centre 1-bed rent: €1,500 vs €1,380.

How do salaries compare in Berlin vs Madrid?+

On a €50,000 gross salary, take-home is €33,725/year (€2,810/month) in Berlin and €33,783/year (€2,413/month) in Madrid.

Which city has lower taxes, Berlin or Madrid?+

Spain has the lower effective rate at €50,000: Germany 32.5%, Spain 32.4%.

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