Milan vs Madrid

Cost of living comparison — which city stretches your money further?

Milan

Italy

74.3cost index

Milan is 25.700000000000003% cheaper than the US average.

More Affordable

Madrid

Spain

59.1cost index

Madrid is 40.9% cheaper than the US average.

Price Difference

25.7%

Milan is 25.7% pricier than Madrid

Salary Equivalent

1.26x

If I earnin Milan

I need approx€79,542in Madrid

Mirror Your Salary

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Understanding the Milan vs Madrid Comparison

The cost of living comparison between Milan, Italy and Madrid, Spainhighlights the economic differences between these two locations. With Milan at an index of 74.3and Madrid at 59.1, the data shows that Madrid is significantly more affordable for the average resident.

When moving or traveling between these cities, it's important to adjust your salary expectations. A salary in Milan does not have the same purchasing power as the same amount in Madrid. Our Global Mirror tool helps you visualize this difference by "mirroring" your current lifestyle in the target city.