Madrid vs Phoenix
Cost of living comparison for expats and families
Madrid is the more affordable option at $1,943/month for a single person, compared to $2,395/month in Phoenix — a savings of $452/month. Rent for a 1-bedroom apartment in Madrid averages $1,350/month vs $1,625/month in Phoenix. For couples needing a 2-bedroom, expect $2,100 in Madridand $2,150 in Phoenix.
For investors, Phoenix (United States) offers a lower tax burden with 15% capital gains tax.Madrid scores higher on safety (71/100). Madrid has faster internet (300 Mbps vs 250 Mbps).
Madrid
vs
Phoenix
Cost of Living
$1,350
Housing (1BR)
$1,625
$300/mo
Food
$450/mo
$173/mo
Utilities
$120/mo
$35/mo
Transport
$50/mo
$85/mo
Healthcare
$150/mo
$1,943/mo
Total
$2,395/mo
Taxes (International Investors)
19%
Capital Gains
15%
19%
Dividends
15%
19%
Crypto
15%
None
Wealth Tax
None
Quality of Life
71/100
Safety
55/100
300 Mbps
Internet
250 Mbps
Visa
90 days
Tourist Visa
180 days
Yes
DN Visa
No