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

Madrid

Spain

COL index 54.9

vs
Rome

Italy

COL index 60.8

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

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The verdict

Living in Madrid is 9.7% cheaper than Rome 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
MadridMetricRomeΔ
54.9Cost of living index60.8+10.7%
€50,000Median gross salary€50,0000.0%
€33,783Net at €50,000 gross€32,873-2.7%
€1,380Rent — 1BR centre€1,480+7.2%
€1,953Monthly COL (single)€2,103+7.7%
€61,535PPP — net / COL€54,068-12.1%
32.4%Effective tax @ €50,00034.3%+5.6%
§ 02

Monthly expenses — paired

Madrid Rome
Rent — 1BR centre
Madrid
€1,380
Rome
€1,480
Groceries
Madrid
€300
Rome
€320
Utilities
Madrid
€145
Rome
€165
Transport
Madrid
€60
Rome
€65
Internet
Madrid
€33
Rome
€35
Gym
Madrid
€35
Rome
€38
§ 03

Salary equivalence

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

To have the same purchasing power in Rome, you would need roughly €58,061 gross in Italy (≈ €3,118 net monthly, adjusted for cost-of-living index).

€50,000
Madrid
€33,783
Net annual · 32.4% effective
PPP-adjusted equivalent
€61,535
Rome
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€54,068
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§ 04

Pros & cons

Madrid
  • +Lower rent (€1,380 vs €1,480)
  • High rent-to-income ratio (57.2%)
  • +14-month salary structure
Rome
  • High rent-to-income ratio (54.0%)
§ 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 Madrid cheaper than Rome?+

Madrid is cheaper. Cost-of-living index: Madrid 54.9, Rome 60.8 — a 9.7% difference (Q1 2026).

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

Madrid sits at 54.9 on our COL index, Rome at 60.8. That works out to roughly 9.7% — Madrid being the cheaper of the two.

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

It depends on priorities. Madrid delivers €33,783 net on a €50,000 gross salary at a 32.4% effective tax rate. Rome delivers €32,873 at 34.3%. Centre 1-bed rent: €1,380 vs €1,480.

How do salaries compare in Madrid vs Rome?+

On a €50,000 gross salary, take-home is €33,783/year (€2,413/month) in Madrid and €32,873/year (€2,739/month) in Rome.

Which city has lower taxes, Madrid or Rome?+

Spain has the lower effective rate at €50,000: Spain 32.4%, Italy 34.3%.

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