City Comparison

Madrid vs Valencia

Cost of Living Comparison 2026

Valencia is ~35% cheaper overall

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

Madrid

Spain

COL+Rent

42.5

Rent Index

27.1

Groceries

50.2

Restaurant

45.6

Valencia

Spain

COL+Rent

27.7

Rent Index

13.1

Groceries

36.7

Restaurant

29.6

Monthly Cost Comparison

CategoryMadridValenciaDiff
Rent (1BR City)$1,203$583+$620
Rent (1BR Outside)$922$446+$476
Groceries$280$205+$75
Restaurant Meal$16$11+$5
Transit Pass$35$26+$9
Utilities$133$98+$35

Monthly Budget Comparison

LifestyleMadridValencia
Minimal$1,350/mo$758/mo
Typical$1,891/mo$1,077/mo
Comfortable$2,367/mo$1,370/mo

Purchasing Power Equivalence

Budget in Madrid≈ in ValenciaDifference
$1,500/mo$978/mo-$522
$2,000/mo$1,304/mo-$696
$3,000/mo$1,955/mo-$1,045

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Explore More

Frequently Asked Questions

Is Madrid or Valencia cheaper to live in?
Valencia is approximately 35% cheaper overall. Madrid's COL+Rent Index is 42.5 vs Valencia's 27.7 (NYC = 100).
How much is rent in Madrid vs Valencia?
A 1BR in Madrid city center costs ~$1,203/mo vs $583/mo in Valencia. Outside the center: $922 vs $446.
What is $2,000/month in Madrid worth in Valencia?
Using cost-of-living adjustment, $2,000/month in Madrid has the purchasing power of approximately $1,304/month in Valencia.
Are groceries cheaper in Madrid or Valencia?
Monthly groceries cost approximately $280 in Madrid vs $205 in Valencia. Groceries Index: 50.2 vs 36.7 (NYC = 100).