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City Profile

Madrid, Colima

Mexico · Comprehensive city data and intelligence

Compare Madrid Custom Comparison
72
Overall Score

Madrid, Colima is a charming and tranquil locality situated within the state of Colima in western Mexico. Known for its rural appeal, warm community atmosphere, and close proximity to the state capital, it offers a peaceful retreat from major urban congestion. The region has a rich agricultural heritage, deeply tied to the cultivation of tropical fruits and local crops. Residents and visitors appreciate the relaxed pace of life, surrounded by scenic landscapes typical of Colima's interior valley regions.

About Colima

Colima, a small but densely populated state in west-central Mexico, is known for its tropical savanna climate with warm temperatures year-round and distinct wet and dry seasons. The economy is driven by a strong service sector, including banking, retail, and tourism, particularly in coastal Manzanillo, with light manufacturing (salt and food processing) and agriculture (lemons, coconuts, mangoes) also contributing significantly. Living in Colima generally offers a low cost of living compared to larger Mexican cities, with affordable rent and transportation. The lifestyle is characterized by immersion in Mexican culture, with a warm climate that rarely drops below 52°F or exceeds 94°F.

3,200
Population
$7K
Avg Salary
35
Cost Index
71.5
Quality Score
How this 72/100 was calculated five components, with every reading behind them
Component Readings used Points Weight Contributes
Safety Safety score: 60 / 100 60.0 30% 18.0
Affordability Cost of living index (100 = national baseline): 35.0 100.0 25% 25.0
Economy & jobs Median household income: $8,500 Income needed to live here: $6,000 Unemployment rate: 3.2% 81.0 20% 16.2
Growth Population growth rate: 0.8% Job growth rate: 1.5% 47.5 15% 7.1
Business climate assessment Business climate assessment: 52 / 100 52.0 10% 5.2
Overall score 71.5

Provenance. These figures were produced by the research pass recorded as Tier 1 (fast) (q=52, partial — below threshold), last refreshed 16 October 2026. They are researched estimates drawn from public sources, not a licensed data feed.

Each component is scored against fixed published endpoints, so this number is comparable with any other city and does not move as the dataset grows. Scoring framework 2026.10 — full methodology, weights and accepted ranges.

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Performance

Quality Scores

Business
52
Livability
70
Affordability
85
Growth
58

Expenses

Cost of Living

The cost of living in Madrid, Colima is notably lower than the national and international averages, making it an economical choice for residents. Everyday expenses such as local produce, traditional dining, and basic services remain very affordable compared to larger Mexican metropolitan areas or US standards. Housing costs are similarly modest, though modern amenities can vary depending on the specific neighborhood or rural edge. Overall, the local economy allows for a comfortable lifestyle with relatively modest financial outlays.

Average Rent
$350/mo
Groceries
$200/mo
Transport
$50/mo
Utilities
$60/mo
Healthcare
$80/mo
Gym membership (monthly)
$20.00
Cinema ticket
$5.00
Restaurant meal (mid-range)
$10.00
Monthly groceries
$180.00
Doctor visit (without insurance)
$25.00

Income

Salary Insights

The local economy of Madrid is primarily anchored by agriculture, local commerce, and small-scale services. Many residents are engaged in farming, livestock, and the distribution of regional agricultural goods like citrus and papayas. Additional employment opportunities are found in nearby commercial hubs within the municipality of Tecomán and the city of Colima. While high-tech and corporate remote work opportunities are scarce locally, traditional trade and service sectors provide steady employment.

The average salary in Madrid is $7,200 per year. You would need approximately $6,000 to live comfortably.

Employment

Top Industries

Food Processing +1.50% Agriculture +1.20% Public Services +1.00% Local Commerce & Retail +1.80% Construction & Trades +2.00%

Weather

Climate

🌡️
27°C
Avg Temp
☀️
32°C
Summer High
❄️
20°C
Winter Low
🌧️
43.30"
Annual Rain
💧
70.00%
Humidity
🌤️
236
Sunny Days

Mobility

Transport

Transportation in Madrid relies heavily on personal vehicles, local taxis, and regional bus services connecting it to Tecomán and Colima City. Walkability is high within the immediate town center, where daily essentials, small shops, and local plazas are easily accessible on foot. Major highways nearby facilitate straightforward travel by car or bus throughout the state of Colima. Public transit options are straightforward, primarily serving commuters traveling to neighboring urban centers for work or school.

25 min
Avg Commute
35.00/10
Transit Score
58.00/10
Walkability
Medium
Car Dependency
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At a Glance

Pros & Cons

Advantages
Significantly lower cost of living compared to major Mexican cities and US averages per INEGI data
Peaceful, tight-knit rural community atmosphere ideal for a relaxed lifestyle
Warm year-round climate with high annual sunshine days
Affordable local housing and low property maintenance costs
Proximity to regional centers like Tecomán and Colima City for expanded amenities
Drawbacks
Limited local job market primarily restricted to agriculture and small commerce
Absence of advanced healthcare facilities directly within the locality
Limited public transportation infrastructure requiring reliance on personal vehicles or regional buses
Few high-tech or modern entertainment venues within immediate town limits
Broader regional security challenges in Colima state can impact overall perception

Head to Head

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Nearby Cities

Tecomán
68
Armería
73
Colima
73
Suchitlán
76

Community Q&A

Questions about Madrid

What people ask about living in and moving to Madrid, Colima.

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Gathering the most common questions about Madrid…

FAQ

Frequently Asked Questions

The consumer market basket tracks everyday necessities, including staple grocery items (such as milk, bread, eggs, and produce), residential energy bills (electricity, gas, and water), public and private transit costs, routine outpatient medical care, and standard consumer goods and services to ensure a representative monthly budget.

Even in close geographic proximity, local tax jurisdictions, municipal utility rates, zoning laws, and micro-housing markets can create wide cost discrepancies. For example, a city with strict land-use regulations or higher local sales taxes will typically exhibit elevated housing and consumer goods costs compared to an adjacent county with looser zoning and lower tax burdens.

Even in close geographic proximity, local tax jurisdictions, municipal utility rates, zoning laws, and micro-housing markets can create wide cost discrepancies. For example, a city with strict land-use regulations or higher local sales taxes will typically exhibit elevated housing and consumer goods costs compared to an adjacent county with looser zoning and lower tax burdens.

Local tax climates significantly shift a city's affordability score by directly affecting disposable income. Urblytica factors in state income tax brackets, local municipal property tax millage rates, and combined sales taxes to measure the true tax drag on median household earnings.

Core economic indexes and consumer price metrics undergo a comprehensive quarterly recalibration. This update cycle integrates the latest Consumer Price Index (CPI) releases, municipal utility rate adjustments, and regional housing data feeds to ensure all index comparisons reflect current economic conditions.

Housing is weighted as the single largest component in Urblytica's cost-of-living algorithm, typically accounting for roughly 30% to 35% of the composite score. It incorporates both median monthly gross rent and median single-family home purchase prices relative to local median income levels.

Normalization involves adjusting raw economic inputs against localized purchasing power parities (PPPs) and population-weighted density scales. This ensures fair, apples-to-apples comparisons between dense metropolitan hubs and smaller suburban or rural towns.

Utility indexing applies a rolling annual average that captures seasonal climate variations, such as increased summer air conditioning loads in southern climates or heavier winter heating demands in northern regions, providing a realistic year-round average utility expense.

Remote workers leverage the index to calculate real purchasing power parity when moving from a high-cost-of-living area to a lower-cost region. By comparing index differentials against their fixed salary, users can determine if their net savings and lifestyle quality will improve post-relocation.

While the raw Cost of Living Index measures pure expense levels, it is frequently paired with Urblytica’s local wage index and median household income benchmarks. This combined view highlights whether local salaries keep pace with local consumer goods and housing expenses.

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