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City Comparison

London is 32% more expensive

The Verdict

Living in London is 32% more expensive than Madrid.
If you move from London to Madrid, you will pay less for housing and less for daily groceries. To maintain the same standard of life as a £40,000 salary in London, you would need to earn about £27,200 in Madrid.

London Wins
0

of 6 categories

Tied
0

categories

Madrid Wins
6

of 6 categories

Category Breakdown

Compare costs across 6 key categories

Overall Cost
100
London
vs
68
Madrid
Madrid is 32 pts cheaper
Rent
100
London
vs
58
Madrid
Madrid is 42 pts cheaper
Groceries
100
London
vs
72
Madrid
Madrid is 28 pts cheaper
Restaurants
100
London
vs
65
Madrid
Madrid is 35 pts cheaper
Transport
100
London
vs
75
Madrid
Madrid is 25 pts cheaper
Utilities
100
London
vs
82
Madrid
Madrid is 18 pts cheaper

City Profiles

What makes each city unique

LondonUnited Kingdom
London is one of the world's most expensive cities, offering unparalleled career opportunities and a cosmopolitan lifestyle.

Why people love London:

Global financial hubWorld-class transportDiverse cultureHigh salaries
Population
8,982,000
Avg. Salary
£3,800/mo
MadridSpain
Madrid offers affordable European capital living with excellent climate.

Why people love Madrid:

Affordable capitalGreat weatherNightlifeCentral location
Population
3,223,000
Avg. Salary
£1,978/mo

Real Monthly Costs

Estimated costs based on London baseline prices

ExpenseLondonMadridSavings
1-bed apartment (city centre)£2,000£1,160£-840
Monthly groceries£350£252£-98
Dining out (10 meals)£250£163£-87
Public transport pass£160£120£-40
Utilities (electric, heating, water)£180£148£-32
Total Monthly£2,940£1,842£-1,098

* Estimates based on London = 100 index. Actual costs vary by lifestyle and location within city.

Who Should Choose Which City?

Recommendations based on your priorities

Choose London if you...
  • Prioritize safety (score: 82/100)
  • Want higher earning potential (£3,800/mo avg)
Choose Madrid if you...
  • Want lower overall living costs (32% cheaper)
  • Are looking for more affordable housing
  • Have children (lower childcare costs)

Quality of Life & Safety

Beyond just costs - what matters for daily life

London
78

Quality of Life Score

Madrid
76

Quality of Life Score

London
82

Safety Score

Madrid
78

Safety Score

Salary Equivalence

How much you'd need in Madrid to match a London salary

Salary in LondonEquivalent in MadridDifference
£30,000£20,400£9,600 less
£40,000£27,200£12,800 less
£50,000£34,000£16,000 less
£60,000£40,800£19,200 less
£80,000£54,400£25,600 less
£100,000£68,000£32,000 less

London vs Madrid: Summary

The overall cost of living differs by 32%. Madrid is the more affordable option.

Rent: London has a rent index of 100, while Madrid has 58.

Average Salaries: London: £3,800/month vs Madrid: £1,978/month (both in GBP).

Out of 6 categories, London wins 0, while Madrid wins 6.

Compare more cities or calculate your UK take-home pay.