Cost of Living Guide

City comparison

Cost of living in Stockholm vs Madrid

One person needs about €2,233 a month in Stockholm and €1,909 in Madrid, rent included — Madrid is 15% cheaper overall.

🇸🇪
Stockholm
Sweden · 1.6M pop
vs
🇪🇸
Madrid
Spain · 3.3M pop
Monthly rent (1BR)
€1,500€1,300
13% cheaper
Groceries / mo
€350€310
11% cheaper
Eating out (meal)
€16€13
19% cheaper
Internet (100mbps)
€35€35
0% pricier
Avg salary (tech)
€4,700€3,000
36% lower
Coworking / mo
€280€190
32% cheaper
StockholmMadrid
Rent€1,500€1,300
Groceries€350€310
Transport€90€55
Utilities€130€105

Salary you'd need to keep the same lifestyle

Enter your current net monthly pay. We scale it by the full cost basket — rent, groceries, transport, utilities, eating out and internet.

To live in Madrid the way you live in Stockholm on €3,000, you need

€2,565/ month net

15% less than today (-€435)

Stockholm today
Basket €2,233 · left over €767 (26%)
Madrid at the matched salary
Basket €1,909 · left over €656 (26%)

Local pay context: average tech net pay covers the basket 157% over in Madrid (adequate) vs 210% in Stockholm. Purchasing power index · How we calculate this

🇸🇪 Stockholm

Queue-based rental market pushes newcomers into pricey sublets.

Monthly budget: €2,233

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

🇪🇸 Madrid

Spain's highest local salaries and endless nightlife, with rents climbing fast in the centre.

Monthly budget: €1,909

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

Should you move to Stockholm or Madrid?

On salary, Stockholm pays more for tech roles (€4,700 versus €3,000 a month), so the money left over after costs is €2,467 in Stockholm at the top end.

Rent drives most of the gap: €1,500 in Stockholm against €1,300 in Madrid. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores Stockholm at 72 and Madrid at 80 — see the full nomad index and our data methodology.

More Stockholm comparisons

More Madrid comparisons