Is Atocha Expensive?

Madrid, Spain

+0% vs Madrid avg

Living in Atocha, Madrid

Atocha is a moderately-priced area within Madrid, with a cost of living index of 38.0 — that is +0% compared to the Madrid average. It sits around the middle of the pack at #11 out of 23 neighborhoods. Estimated rent for a one-bedroom apartment here is around €933/month, compared to a range of €653 in Carabanchel to €1,212 in Salamanca.

Monthly Budget Breakdown

For a typical resident of Atocha, housing takes up roughly 45% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately €37,307 before tax.

Typical Salaries in Atocha

Salaries in Atocha reflect the local cost of living. Based on the neighborhood COLI of 38.0:

After tax and deductions of 28.8% in Spain, take-home pay for someone earning €37,307 would be roughly €26,563/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

38.0
COLI Index
1.00x
vs City Avg
€933
Est. 1BR Rent
#11
of 23 Areas
28.8%
Total Deductions

Tax & Deductions in Atocha

Estimated annual deductions on a €24,165 salary in Atocha, Madrid (local employee).

Income Tax
22%
Social Security
6.3%
Total Deductions: 28.8%
Est. Take-Home: €17,215/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Atocha would need to be elsewhere:

City Currency Equivalent
New York USD $28,500
London GBP £24,527
Dubai AED AED 142,608

Other Neighborhoods in Madrid

Neighborhood COLI Multiplier vs Avg
Salamanca 49.4 1.30x +30%
Chamberí 44.8 1.18x +18%
Retiro 43.7 1.15x +15%
Barrio de las Letras 43.7 1.15x +15%
Chueca 42.6 1.12x +12%

View all 23 neighborhoods in Madrid →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Atocha:

Ratchadaphisek, Bangkok Rama 9, Bangkok Camp Nou, Barcelona Alfama, Lisbon Belém, Lisbon Pedro de Valdivia, Santiago

Frequently Asked Questions

Is Atocha expensive in Madrid?

Atocha is near the city average for Madrid. Costs are about +0% vs the average, making it a mid-range neighborhood.

How does Atocha compare to the Madrid average?

The cost of living in Atocha is near the Madrid average. With a multiplier of 1.00x, everyday expenses including rent, food, and transportation are +0% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Instituto Nacional de Estadística (INE) · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.