Is Malasaña Expensive?

Madrid, Spain

+10% vs Madrid avg

Living in Malasaña, Madrid

Malasaña is a moderately-priced area within Madrid, with a cost of living index of 41.8 — that is +10% compared to the Madrid average. It sits around the middle of the pack at #6 out of 23 neighborhoods. Estimated rent for a one-bedroom apartment here is around €1,026/month, compared to a range of €653 in Carabanchel to €1,212 in Salamanca.

Monthly Budget Breakdown

For a typical resident of Malasaña, housing takes up roughly 50% 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 €41,038 before tax.

Typical Salaries in Malasaña

Salaries in Malasaña reflect the local cost of living. Based on the neighborhood COLI of 41.8:

After tax and deductions of 29.4% in Spain, take-home pay for someone earning €41,038 would be roughly €28,973/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

41.8
COLI Index
1.10x
vs City Avg
€1,026
Est. 1BR Rent
#6
of 23 Areas
29.4%
Total Deductions

Tax & Deductions in Malasaña

Estimated annual deductions on a €26,581 salary in Malasaña, Madrid (local employee).

Income Tax
23%
Social Security
6.3%
Total Deductions: 29.4%
Est. Take-Home: €18,754/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $31,350
London GBP £26,979
Dubai AED AED 156,869

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

See exactly what you need to earn in Malasaña, Madrid to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Malasaña:

Dongshan, Guangzhou Las Condes, Santiago Isla Mujeres, Cancún Yuexiu, Guangzhou Al Aqiq, Riyadh Consolação, São Paulo

Frequently Asked Questions

Is Malasaña expensive in Madrid?

Yes, Malasaña is one of the more expensive neighborhoods in Madrid. It costs about +10% more than the city average, ranking #6 out of 23 neighborhoods.

How does Malasaña compare to the Madrid average?

The cost of living in Malasaña is above the Madrid average. With a multiplier of 1.10x, everyday expenses including rent, food, and transportation are +10% 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.