Madrid, SpainVenice, Italy
You would need around 11.4% less money in Venice, Italy to maintain the same standard of living you have in Madrid, Spain.
Overall Cost of Living
Venice, Italy is cheaper than Madrid, Spain
1-Bed Rent (City Center)
Groceries (Monthly)
Average Net Salary
Editorial Insight: Planning a move from Madrid, Spain to Venice, Italy? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Venice, Italy is 11.4% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Venice, Italy's center costs around 1,304 USD, which is a staggering 18.3% less than in Madrid, Spain. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.
Reviewed by the Remote Wealth Editorial Team
Our cost of living data for Madrid, Spain and Venice, Italy is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.
Read more about our team →Salary Comparator
Find out exactly how much you need to earn in Venice, Italy to maintain your current lifestyle in Madrid, Spain.
You need in Venice, Italy
2,278 USD
Geo-Arbitrage FIRE
Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.
By moving from Madrid, Spain to Venice, Italy and investing the 11% cost of living difference, you could reach FIRE 1.7 years earlier.
Budget Simulator
Instantly adapt your Madrid, Spain budget to local Venice, Italy prices. We automatically adjust housing, groceries, and leisure categories.
Investment Planner
You save 292 USD every month on rent alone by moving to Venice, Italy.
Investing this rent difference in an S&P 500 index fund could grow to ~49,056 USD in 10 years.