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Madrid, Spain

Madrid

Spain Above global median · +90.4% (3-bed)
Photo: Dmitrii E. / Unsplash

Madrid is one of the pricier markets here. A 3-bedroom home runs about +90.4% versus the global median of $276k.

Median purchase price
1-bedroom $278,400 +98.9% vs global median $140k
2-bedroom $440,799 +123.8% vs global median $197k
3-bedroom $525,480 +90.4% vs global median $276k
Cost of living & rent
Cost of living 59.1 NYC = 100, excl. rent Numbeo Updated Jul 2026 medium confidence
Rent · 1-bed (centre) $1,210/mo Numbeo Updated Jun 2026 medium confidence
Rent · 3-bed (centre) $2,100/mo Numbeo Updated Jun 2026 medium confidence
Price-to-rent ratio 20.9× years of rent to equal purchase Model estimate Updated Jun 2026 medium confidence
Earnings & affordability
Local purchasing power 95.6 NYC = 100 Numbeo Updated Jul 2026 medium confidence
Income tax (effective)
Income tax · low earner 23.0% effective, on ~$30k gross Public web research Updated Jun 2026 medium confidence
Income tax · mid earner 33.0% effective, on ~$75k gross Public web research Updated Jun 2026 medium confidence
Income tax · high earner 39.0% effective, on ~$150k gross Public web research Updated Jun 2026 medium confidence
Quality of life
Air quality (PM2.5) 9.7 µg/m³ annual mean · WHO guideline 5 Public web research Updated Jun 2026 medium confidence
Source & date. Median home-purchase prices in USD, starter dataset v2026.1 (2026-05). Other metrics carry their own source & date on each card above. Directional figures for comparing markets — not a valuation of any specific property. Methodology →
Within Madrid

Districts & neighbourhoods

Area-level prices inside Madrid. The figures above are for Madrid as a whole.

Getting there

Nearest airports

Scheduled-service airports near Madrid, nearest first. Flight data from AirportRoutes.