Rent in Madrid vs Vigo

Madrid · Comunidad de MadridPontevedra · Galicia · INE data 2026

Renting in Vigo is 78% cheaper than in Madrid. The difference is €441/month — a saving of €5,292 per year.

€1006/month in Madrid vs €565/month in Vigo. National average: €648/month.

Context

Madrid (Comunidad de Madrid) and Vigo (Galicia) represent two rental markets from different Spanish autonomous communities. Vigo is the more affordable option, saving €441/month compared to Madrid. Unemployment in Vigo (10.7%) is higher than in Madrid (7.1%), which may affect rental demand and purchasing power.

Estimated rent

Madrid

1006€/month

Vigo

565€/month

Annual change

Madrid

+2.7%

Vigo

+2.4%

INE index (base 2015=100)

Madrid

118.3

Vigo

115.4

vs national average

Madrid

+358€

Vigo

-83€

Population

Madrid

3,506,730

Vigo

294,489

Per capita income

Madrid

19,632€

Vigo

15,359€

Rent-to-income ratio

Madrid

61.5%

Vigo

44.1%

Where is it better to rent?

In terms of rent, Vigo is the more affordable option at €565/month, 78% less than Madrid (€1006/month). Living in Vigo saves €5,292 per year compared to Madrid.

Madrid

Madrid · Comunidad de Madrid

1006/month

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Vigo

Pontevedra · Galicia

565/month

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Cost of living guides

More comparisons with Madrid

INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →