🏙️Spain
Madrid
Complete guide to living in Madrid - from business opportunities to navigating the cultural scene and finding affordable areas.
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Population
3.4 million
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Highlight
Spain's political and cultural capital
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Country
Spain
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Air Quality
42 (Good)
Dynamic capital with cosmopolitan energy, cultural richness, and business opportunities
Quick stats
Cost Index
75/100
Rent (1BR center)
€900–2,500/month
Median Salary
€25,000–45,000 gross
Internet
100–300 Mbps
Safety
Generally safe
Transport
Metro, buses, trains, BiciMAD
Areas & industries
Popular Neighborhoods
MalasañaChuecaLa LatinaSalamancaRetiroChamberíLavapiésMoncloa
Key Sectors
FinanceGovernmentTechTourismEducationConsultingMediaReal Estate
✓ Advantages
- •Major business and financial center
- •Rich cultural scene with world-class museums
- •Vibrant nightlife and social atmosphere
- •Central location for travel within Spain
- •Growing tech and startup ecosystem
- •Excellent public transportation
! Considerations
- •Higher cost of living than other Spanish cities
- •Hot summers and cold winters
- •Air pollution in city center
- •Competitive job market
Madrid FAQs
How much salary needed in Madrid?
€30,000-35,000 for basic comfort; €45,000+ for family lifestyle with savings in Madrid.
Best areas for expats?
Malasaña and Chueca for nightlife; Salamanca for upscale living; Retiro for families; Chamberí for authentic Madrid feel.
🤖Ask ExpatLife AI