Moving from Austin to Madrid (2026)

Madrid has a COL index of 65 vs 122 for Austin (100 = US average). You'd pay about 46% less for the same lifestyle.

Save ~$712/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
122 โ†’ 65
100 = US avg
1BR rent
$1,800 โ†’ $1,200
per month
State tax
None โ†’ 21%
income tax
COL difference
122 โ†’ 65
46% cheaper

Salary needed in Madrid to match your Austin lifestyle

Based on the 46% cost of living decrease between the two cities.

Your salary in AustinEquivalent in Madrid
$40K$21,443
$50K$26,803
$60K$32,164
$75K$40,205
$80K$42,885
$100K$53,607
$120K$64,328
$150K$80,410

Adjust your salary

Save ~$597/moon core expenses at $75K

Monthly budget at $75K โ€” Austin vs Madrid

ExpenseAustinMadrid
Monthly take-home$4,741$3,428
1BR rent$1,800$1,200
Groceries$372$380
Transport$50$150
Utilities$170$95
Internet$65$35
Left after essentials$2,284$1,568

30-Year Wealth Builder

If you invest your monthly savings of $597 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$728,323

over 30 years compared to staying in Austin โ€” that's the real price of a city.

$597/mo invested

Frequently asked questions

Is Madrid cheaper than Austin?

Yes. Madrid has a cost of living index of 65 vs 122 for Austin (100 = US average). That's about 46% cheaper.

How much will I save moving from Austin to Madrid?

On a $75K salary, core expenses in Madrid run about $712/month more than Austin. Factor this into your salary negotiation when relocating.

What salary do I need in Madrid to match my Austin lifestyle?

To maintain the same purchasing power as $75,000 in Austin, you'd need roughly $40,205/year in Madrid. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only