Moving from Boston to Madrid (2026)

Madrid has a COL index of 65 vs 162 for Boston (100 = US average). You'd pay about 60% less for the same lifestyle.

Save ~$800/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
162 โ†’ 65
100 = US avg
1BR rent
$3,000 โ†’ $1,200
per month
State tax
5% โ†’ 21%
income tax
COL difference
162 โ†’ 65
60% cheaper

Salary needed in Madrid to match your Boston lifestyle

Based on the 60% cost of living decrease between the two cities.

Your salary in BostonEquivalent in Madrid
$40K$16,148
$50K$20,185
$60K$24,222
$75K$30,278
$80K$32,296
$100K$40,370
$120K$48,444
$150K$60,556

Adjust your salary

Save ~$1,903/moon core expenses at $75K

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

ExpenseBostonMadrid
Monthly take-home$4,428$3,428
1BR rent$3,000$1,200
Groceries$418$380
Transport$90$150
Utilities$185$95
Internet$70$35
Left after essentials$665$1,568

30-Year Wealth Builder

If you invest your monthly savings of $1,903 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$2,321,605

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

$1,903/mo invested

Frequently asked questions

Is Madrid cheaper than Boston?

Yes. Madrid has a cost of living index of 65 vs 162 for Boston (100 = US average). That's about 60% cheaper.

How much will I save moving from Boston to Madrid?

On a $75K salary, moving from Boston to Madrid saves roughly $800/month on core expenses. That's ~$9,600/year.

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

To maintain the same purchasing power as $75,000 in Boston, you'd need roughly $30,278/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