Davao vs Madrid
Cost of Living Comparison 2026
Davao is ~67% cheaper overall
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Davao
Philippines
COL+Rent
14
Rent Index
4.5
Groceries
27.6
Restaurant
14.2
Madrid
Spain
COL+Rent
42.5
Rent Index
27.1
Groceries
50.2
Restaurant
45.6
Monthly Cost Comparison
| Category | Davao | Madrid | Diff |
|---|---|---|---|
| Rent (1BR City) | $171 | $1,203 | $1,032 |
| Rent (1BR Outside) | $110 | $922 | $812 |
| Groceries | $160 | $280 | $120 |
| Restaurant Meal | $4 | $16 | $12 |
| Transit Pass | $8 | $35 | $27 |
| Utilities | $60 | $133 | $73 |
Monthly Budget Comparison
| Lifestyle | Davao | Madrid |
|---|---|---|
| Minimal | $306/mo | $1,350/mo |
| Typical | $459/mo | $1,891/mo |
| Comfortable | $577/mo | $2,367/mo |
Purchasing Power Equivalence
| Budget in Davao | ≈ in Madrid | Difference |
|---|---|---|
| $1,500/mo | $4,554/mo | +$3,054 |
| $2,000/mo | $6,071/mo | +$4,071 |
| $3,000/mo | $9,107/mo | +$6,107 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
Analysis: Davao vs Madrid for Expats & Remote Workers
Our data shows Davao is approximately 67% more affordable than Madrid when combining rent and daily living costs. Davao's COL+Rent Index of 14 vs Madrid's 42.5 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.
Housing is the biggest differentiator: a city-center one-bedroom in Davao costs $171/month versus $1,203/month in Madrid — giving Davao a $1,032/month advantage on housing alone. Over a full year, this rent difference alone amounts to $12,384 in annual savings.
Day-to-day costs tell a more nuanced story. Groceries in Davao ($160/mo) vs Madrid ($280/mo) reflect Davao's lower food prices, while restaurant meals at $4 vs $16 show Davao is the better value for dining out. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.
Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Davao offers meaningfully better value — your typical monthly budget of $459 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.