City Budget Comparison

Can You Live on $1,500/month?

Madrid vs Amsterdam — Budget Breakdown

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026

Feasibility

Madrid

Tight Budget

COL+Rent: 42.5 (NYC=100)

$1,500/mo barely covers basics in Madrid.

Amsterdam

Likely Insufficient

COL+Rent: 65.5 (NYC=100)

$1,500/mo may not cover basic costs in Amsterdam.

Budget Breakdown

CategoryMadridAmsterdamDiff
Rent (avg 1BR)$856$930$74
Groceries$226$168+$58
Dining Out$155$119+$36
Transportation$28$49$21
Utilities$107$94+$13
Other / Misc$128$140$12
Total$1,500$1,500

Purchasing Power

Madrid

$1,500

per month

Amsterdam equivalent

$2,312

per month

You'd need $2,312/mo in Amsterdam to match $1,500/mo in Madrid.

Other Budget Levels

FAQ

Can I live in Madrid on $1,500/month?
Living in Madrid on $1,500/mo is rated "Tight Budget". Budget allocates ~$856 to rent, $226 to groceries, $155 to dining.
Can I live in Amsterdam on $1,500/month?
In Amsterdam, $1,500/mo is rated "Likely Insufficient". Allocations: $930 rent, $168 groceries, $119 dining.
Is Madrid or Amsterdam cheaper?
Madrid is generally cheaper. COL+Rent: Madrid 42.5 vs Amsterdam 65.5 (NYC=100).
What is $1,500/mo in Madrid worth in Amsterdam?
$1,500/mo of purchasing power in Madrid equals ~$2,312/mo in Amsterdam using COL adjustment.

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