Western Europe

Madrid

The Spanish capital, the Castilian political and cultural heart, Madrid is an artistic, culinary, dynamic town that brims with energy. It is the third-biggest city in the EU by population, and has vibrant financial and technological industries, many universities and research centers, and the regional headquarters of large multinationals. All this probably can't compete with the city's real strength – the tireless lifestyle of its locals that creates a buzzing party atmosphere that doesn't let up day or night.

City rank out of 77 cities

Price level
34
Earning level
31
Purchasing power
36
Lower
Purchasing Power
Prices: All prices (USD)
Earnings: Average Earnings
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Western Europe
2018
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Facts about Madrid

Price Level Index
Madrid
75.6
New York
100.0
Global rankingShow all cities
1
5
34
77
Earnings Level Index
Madrid
58.3
New York
100.0
Global rankingShow all cities
1
7
31
77
Working Time
Madrid
0/ 27.8m
New York
0/ 15.2m
Global rankingShow all cities
1
12
39
77
Purchasing Power Index
Madrid
77.1
New York
100.0
Global rankingShow all cities
1
10
36
77
Did you know…
Madrid's official symbol is a bear rearing up on its hind legs and feasting on berries from the madroño tree. The symbol is a metaphor for Madrid's growth and represents the possession and importance of wood which is essential to build a country