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Madrid, Spain

80/100 — Excellent match

80
Excellent
Compare
Population
3,300,000
Region
Community of Madrid
Coordinates
40.42, -3.70
Time zone
CET
Airport
Barajas
Airport dist.
15 km
Coast dist.
300 km
Elevation
667 m
Climate classification: Continental Mediterranean

Cost of living

78
1-bed city centre€1,100
1-bed outside centre€800
2-bedroom rent€1,600
3-bedroom rent€2,200
Utilities€120
Internet€30
Public transport€55
Restaurant meal€60
Groceries€250
Est. monthly budget€2,200

Tax

Country-level data
72
Income tax19–45%
Social security6.4%
Effective tax est.31%
Capital gains19–28%
Dividend tax19–28%
Corporate tax25%
Digital nomad regimeBeckham Law (flat 24% up to €600k for 6 yrs)
Tax residency threshold183 days/yr

Environment & air quality

70
PM2.510 µg/m³
PM1016 µg/m³
NO₂30 µg/m³
O₃45 µg/m³
Air quality rank#70

Transport

72
Traffic congestion32%
Avg commute38 min
Public transport88/100
Cycling score80/100
Walking score85/100
Car dependency35%

Digital nomad

88
Broadband speed85 Mbps
Fibre coverage80%
5G coverage85%
Coworking availability80/100
Cafés for remote work85/100

Lifestyle

88
Nightlife90/100
Restaurants85/100
Culture55/100
Beaches78/100
Nature85/100
International community80/100
Family friendliness78/100
English friendliness62/100

Safety

80
Crime score30/100
Safety perception80/100
Road safety72/100

Healthcare

86
Hospital access85/100
Doctor access90/100
Pharmacy access85/100

Visa & residency

Country-level data
Digital nomad visaYes (Digital Nomad Visa 2023)
Minimum income€2,760
Duration1 year
RenewalUp to 3 years
Family allowedYes
Permanent residencyAfter 5 years

Climate

82
Avg temperature15°C
Summer temp32°C
Winter temp7°C
Sunshine hours2760 hr/yr
Rainfall400 mm
Rainy days60 days
Heat days (>30°C)40 days
🟡 Data year: 2024 · Source: compiled estimates · Confidence: estimate