Cost of Living & Salary Comparison 2026
Overall, Madrid is approximately 13% cheaper than Beijing based on our cost of living index. Beijing has a COLI of 43.5 (ranked #62 of 113 cities), while Madrid has a COLI of 38.0 (ranked #69).
When it comes to housing, one-bedroom apartment rent in Beijing averages $1,000/month compared to $1,100/month in Madrid. That makes Beijing approximately 9% cheaper for rent alone.
Madrid has lower total deductions (28.8%) compared to Beijing (34.8%), meaning you keep more of your gross salary in Madrid. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.
Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.
Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.
If you earn ¥504,895 in Beijing, you would need approximately €55,552 in Madrid to maintain the same purchasing power. That is 13% less thanks to lower cost of living.
COLI-scaled lifestyle equivalents of New York mid-range salaries — not local market pay. For verified/OECD local-market figures see salary pages.
| Job Title | Beijing (CNY) | Madrid (EUR) |
|---|---|---|
| Doctor (General) | ¥527,110 | €57,996 |
| Software Engineer | ¥248,913 | €27,387 |
| Product Manager | ¥292,839 | €32,220 |
| Lawyer | ¥292,839 | €32,220 |
| Data Scientist | ¥278,197 | €30,609 |
| Marketing Manager | ¥210,844 | €23,198 |
| Teacher | ¥140,563 | €15,466 |
| Nurse | ¥169,847 | €18,688 |
These are COLI lifestyle equivalents of the New York mid baseline, not typical local market pay. See methodology and profession×city salary pages for market figures with source badges.
| Neighborhood | Multiplier |
|---|---|
| Chaoyang (CBD) | 1.28x (+28%) |
| Chaoyang (Sanlitun) | 1.25x (+25%) |
| Dongcheng | 1.22x (+22%) |
| Guomao | 1.22x (+22%) |
| Xicheng | 1.18x (+18%) |
| Neighborhood | Multiplier |
|---|---|
| Salamanca | 1.30x (+30%) |
| Chamberí | 1.18x (+18%) |
| Retiro | 1.15x (+15%) |
| Barrio de las Letras | 1.15x (+15%) |
| Chueca | 1.12x (+12%) |
Use our converter with 2,400+ neighborhood adjustments for a precise salary comparison
Open Salary ConverterBeijing is more expensive overall. Beijing has a COLI of 43.5 while Madrid has a COLI of 38.0, making Madrid approximately 13% cheaper.
To maintain the same standard of living as ¥504,895 in Beijing, you would need approximately €55,552 in Madrid.
Average one-bedroom rent in Beijing is $1,000/month compared to $1,100/month in Madrid. Beijing has lower rent by approximately 9%.
Madrid has lower total deductions (28.8%) compared to Beijing (34.8%), meaning you keep more of your gross salary in Madrid.
Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.
Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.
Last updated: 2026-08-31. Data is refreshed periodically. All figures are estimates for informational purposes only.