Funchal vs Madrid: cost of living for digital nomads

Funchal, Portugal and Madrid, Spain, line by line from the catalogue: what a month costs, rent, food, coworking, safety and internet. Every figure links back to its source on the city page.

The short version

  • Funchal is about 29% cheaper than Madrid for a month of nomad living ($1,700 vs $2,400).
  • Rent is the biggest gap: $850 in Funchal against $1,250 in Madrid.
  • Both score 9/10 on safety.
  • Internet is faster in Madrid: 300 Mbps typical against 100 Mbps.
  • Both have a mediterranean climate.

Funchal wins 5 of the measured lines; Madrid wins 2.

Frequently asked questions

Which city is cheaper, Funchal or Madrid?

Funchal is cheaper: about $1,700/month against $2,400/month in Madrid, roughly 29% less for a typical remote worker's budget.

Which city is safer, Funchal or Madrid?

Funchal and Madrid score the same on safety, 9/10 each.

Which has faster internet, Funchal or Madrid?

Madrid has faster typical internet: 300 Mbps against 100 Mbps in Funchal.

LineFunchalMadrid
Monthly total (USD)$1,700$2,400
Rent$850$1,250
Food$430$520
Transport$40$55
Coworking$120$150
Safety (out of 10)9/109/10
Internet (Mbps)100300
Climatemediterraneanmediterranean
City sizemidmetro
Settingislandinland
Nomad score (out of 10)8/109/10

Funchal

Madeira's capital and home of the original Digital Nomad Village — safe, scenic, EU-based.

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Costs are typical monthly figures for one person in USD, from the sources named on each city page; safety and internet are the catalogue's own ratings. Cost figures verified (Eastern Time): Funchal November 9, 2026, Madrid November 1, 2026.