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London vs Madrid: Cost of Living Compared

A side-by-side comparison of rent, daily expenses, and quality-of-life factors in London (U.K.) and Madrid (Spain). Data sourced from official government statistics, updated 2026.

CategoryLondonMadrid
CountryU.K.Spain
CurrencyGBP (£)EUR (€)
1BR Rent Range£1,100 - £3,600€750 - €1,800Cheaper
2BR Rent Range£1,430 - £4,800€1,050 - €2,700Cheaper
Groceries / mo£280€280
Transport Pass / mo£202€55Cheaper
Dining Out / mo£240€180Cheaper
English Level5/5 (Excellent)Cheaper3/5 (Moderate)
Neighborhoods Tracked1813
Healthcare SystemNHS (Public)Public + Private common

Verdict

Overall, Madrid tends to be more affordable when comparing rent, groceries, transport, and dining costs. However, the two cities use different currencies, so exchange rates and local salary levels also play a significant role. Use our calculator to see what your specific salary means in each city.

Explore London

18 neighborhoods, rent data, and full cost breakdown in U.K.

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Explore Madrid

13 neighborhoods, rent data, and full cost breakdown in Spain

View Madrid details

Calculate your salary in both cities

Enter your gross salary to see net pay, rent affordability, and savings potential in London and Madrid.

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Frequently Asked Questions

Is London or Madrid cheaper to live in?

Based on our data, Madrid is generally cheaper to live in when comparing rent, groceries, transport, and dining costs. However, costs vary significantly by neighborhood and lifestyle.

What is rent like in London vs Madrid?

In London, 1-bedroom rents range from £1,100 to £3,600 per month across 18 neighborhoods. In Madrid, 1-bedroom rents range from €750 to €1,800 per month across 13 neighborhoods.

How do transport costs compare in London vs Madrid?

A monthly public transport pass costs £202 in London and €55 in Madrid. Both cities have well-developed public transit systems.

Which city is better for expats, London or Madrid?

London has an English proficiency rating of 5/5 (Excellent) and Madrid rates 3/5 (Moderate). London uses NHS (Public) healthcare, while Madrid uses Public + Private common. Both factors are important for expats considering a move.

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Updated Mar 2026

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© 2026 AffordWhere. Estimates only, not financial advice.

2026 tax rules • Mar 2026 rent data