Safety Index
#24
of 124 cities
71/100
Current value
Spain
Community Insights
NewMadrid offers a polarized experience for software engineers: it is either a paradise or a financial struggle, depending entirely on your employment contract. For those earning local market rates, the city's low purchasing power (ranked #98 globally) is a significant pain point, as rising rents consume a disproportionate amount of income. However, for those working remotely for foreign companies or securing top-tier roles eligible for the Beckham Law, Madrid provides an unbeatable lifestyle.
The city is overwhelmingly praised for its vibrant social energy, safety, and sun. Unlike the reserved tech cultures of Northern Europe, Madrid is open, loud, and lived outdoors. However, prospective movers should be prepared for intense bureaucracy; simple administrative tasks can take months to resolve. Ultimately, you move here for the life outside of work, not to maximize your savings rate.
Rankings
Safety Index
#24
of 124 cities
71/100
Current value
Comfortable Weather
#26
of 124 cities
72/100 weather score
Current value
Pollution Score
#42
of 124 cities
38.4/100
Current value (lower is better)
Relocation is bureaucratically heavy. While EU citizens have a right to work, the administrative process (getting a NIE, social security number) is slow and often requires Spanish skills or a lawyer. For non-EU citizens, the Digital Nomad Visa has opened a new pathway, but the paperwork remains complex. English is widely spoken in the tech sector, but Spanish is virtually mandatory for dealing with government offices, landlords, and daily services. The expat community is massive, making social integration relatively easy.
Remote workers with foreign salaries and senior engineers eligible for the Beckham Law who value social life and sun over pure capital accumulation. It is less ideal for junior developers relying on local companies, as the rent-to-income ratio can be punishing.
Updated 1/20/2026
Madrid has 13 Luma events listed.
Community Events
#43
of 124 cities
13 events on luma
Current value
Cost of Living
#56
of 124 cities
48/100
Current value (lower is better)
Net Income
#85
of 124 cities
$38,691/yr
Current value
Tax Rate
#88
of 124 cities
35%
Current value (lower is better)
Home Affordability
#99
of 124 cities
≈14.3 yrs to buy 80m²
Current value
Purchasing Power
#99
of 124 cities