Cost of Living in Madrid

Cost of Living Index (Excl.Rent): 61.84
Rent Index: 28.42
Groceries Index: 49.08
Restaurants Index: 63.16
Cost of Living Plus Rent Index: 45.97
Local Purchasing Power: 93.06
Restaurants [ Edit ] Avg. Range
Meal, Inexpensive Restaurant 10.00 € 9.00-12.00
Meal for 2 People, Mid-range Restaurant, Three-course 45.00 € 35.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 € 6.00-8.00
Domestic Beer (1 pint draught) 3.00 € 2.00-3.50
Imported Beer (11.2 oz small bottle) 3.00 € 2.00-4.00
Cappuccino (regular) 1.69 € 1.30-2.00
Coke/Pepsi (11.2 oz small bottle) 1.97 € 1.20-2.50
Water (11.2 oz small bottle) 1.25 € 0.75-2.00
Markets [ Edit ] Avg.
Milk (regular), (1 gallon) 3.10 € 2.46-3.79
Loaf of Fresh White Bread (1 lb) 0.77 € 0.45-0.91
Rice (white), (1 lb) 0.42 € 0.36-0.54
Eggs (12) 1.59 € 1.30-2.00
Local Cheese (1 lb) 4.58 € 3.63-5.44
Chicken Breasts (Boneless, Skinless), (1 lb) 2.81 € 2.27-3.18
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.10 € 4.08-6.80
Apples (1 lb) 0.78 € 0.59-0.91
Banana (1 lb) 0.73 € 0.54-0.91
Oranges (1 lb) 0.58 € 0.45-0.86
Tomato (1 lb) 0.75 € 0.54-1.13
Potato (1 lb) 0.32 € 0.23-0.43
Onion (1 lb) 0.42 € 0.32-0.54
Lettuce (1 head) 0.99 € 0.90-1.00
Water (1.5 liter bottle) 0.62 € 0.45-0.80
Bottle of Wine (Mid-Range) 5.00 € 4.00-7.00
Domestic Beer (0.5 liter bottle) 0.82 € 0.60-1.00
Imported Beer (11.2 oz small bottle) 1.18 € 0.80-1.50
Pack of Cigarettes (Marlboro) 5.00 € 4.80-5.00
Transportation [ Edit ] Avg.
One-way Ticket (Local Transport) 1.50 € 1.50-1.80
Monthly Pass (Regular Price) 54.60 € 50.00-60.00
Taxi Start (Normal Tariff) 2.70 € 2.40-3.50
Taxi 1 mile (Normal Tariff) 1.69 € 1.69-1.93
Taxi 1hour Waiting (Normal Tariff) 20.50 € 20.50-30.00
Gasoline (1 gallon) 4.45 € 3.79-4.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,500.00 € 17,000.00-22,690.00
Utilities (Monthly) [ Edit ] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 145.46 € 95.62-200.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.17 € 0.10-0.20
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 33.99 € 26.40-40.00
Sports And Leisure [ Edit ] Avg.
Fitness Club, Monthly Fee for 1 Adult 39.40 € 30.00-50.00
Tennis Court Rent (1 Hour on Weekend) 10.83 € 7.50-15.00
Cinema, International Release, 1 Seat 9.00 € 8.00-9.90
Clothing And Shoes [ Edit ] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 77.02 € 60.00-95.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.48 € 25.00-40.00
1 Pair of Nike Running Shoes (Mid-Range) 76.54 € 60.00-90.00
1 Pair of Men Leather Business Shoes 93.25 € 78.00-120.00
Rent Per Month [ Edit ] Avg.
Apartment (1 bedroom) in City Centre 728.14 € 600.00-850.00
Apartment (1 bedroom) Outside of Centre 531.88 € 400.00-650.00
Apartment (3 bedrooms) in City Centre 1,326.04 € 1,100.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 925.36 € 800.00-1,100.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 366.02 € 278.71-510.96
Price per Square Feet to Buy Apartment Outside of Centre 223.32 € 167.22-325.16
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 1,402.95 € 1,000.00-2,000.00
Mortgage Interest Rate in Percentages (%), Yearly 2.19 1.36-3.00

Prices in Madrid, Spain

These data are based on 4094 entries in the past 12 months from 347 different contributors.
Last update: May, 2016
Sources and References : Info
Add new source here:
Cost of living in Madrid is 38.16% lower than in New York (Info)Our estimator (with default settings) estimate monthly expenses for a single person at 722.42$ (645.99€) and for four person family at 2,533.48$ (2,265.44€) (without rent).
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34 Comments so far
#Nas on May 24, 2016 :
is 7600 euro (net) salary per month enough to live very comfortably in madrid? I am planning on studying in IE.
#Natalia on Apr 19, 2016 :
Hello! I want to ask how I can find cheap, good rentals in the Madrid center. I know that the listings online are most probably priced much higher. Is there a loca newspaper or any other way I can find cheaper listings of quality? Thank you!
#João Victor Santos on Apr 14, 2016 :
I'm from brazil and I'll study for one semester at Universidad Politécnica de Madrid, is possible to find some place to live for 300 euros? Because I'll receive a scholarship fo 2500 euros for the 5 months, is this amount enough?
#sergio on Mar 18, 2016 :
sooo..... can a student from california go to live and study at spain?
#flc-o on Jan 22, 2016 :
As a person living in Madrid, everything more or less corresponds to reality except for the Internet (10 Mbps, Unlimited Data, Cable/ADSL). That price may correspond to 3 years ago, but now you can pay almost that, 38.51, for 100Mbps for a cable fiber optic connection including unlimited data and fixed line national calls ... and this is a pretty standard offer¡ Today one of the best ones could be a 300Mbps DSL (not ADSL) for that same price ... and for 5€ more per month you could have TV stream to your home ...
#DrJay DrJay on Nov 22, 2015 :
@Reality - You must be Spanish, because the ignorance displayed & subjective opinions presented as fact are astounding, though one should not let the aforementioned detract from the reality that Madrid HAS got much to offer.

1) HEALTHCARE in Spain may have been ranked in the top 10 by the WHO in 2000 (15 years ago!), but not only has so much changed since then (recession effects) but the WHO ranking was so arbitrary & ridiculous, causing more controversy than any other ranking, that the WHO have since refused to publish another ranking.

2) Secondary education in Spain is considered one of the WORST in Europe & among developed countries, on par with the USA. Just check out the PISA results for Spain.

As far as tertiary education (university), you may complain about the USA, but their universities are considered the best in the world, their system #1 (see Universitas rankings, Financial Times, US News, etc.) whereas Spain's are about #30. American universities are known all over the world, with the highest name/employer recognition of all unis in the world (Harvard, MIT, Princeton, Columbia, etc etc) whereas Madrid has NO universities with global recognition.

3) Considering that the Numbeo results compiled above show a median salary of 1400e after taxes, from over 200 contributors (statistically significant sample), that figure seems far more trustworthy than your "just believe me, most people take home 2000e". And considering Spanish unemployment figures are hovering around 20-25%, with an economy that has shown little improvement in the 7 years since the onset of the global financial crisis, I highly doubt that we should ADD to the median data provided on Numbeo, but perhaps consider these conservative OVERestimates, meaning that 1400e/month is almost certainly closer to reality.
#Reality on Oct 27, 2015 :
I will explain more things about Madrid as I am a native Spaniard.

- Health care : Not needed in any form, public health care is awesome and is rated as one of the 10 best public health cares in the world. If you are immigrant but you work totally legal in Spain you'll automatically paying a very little bit of your salary (about 1%) to the social safety (SS) which protects you from labour accidents, vacancies, health, etc... and the health standards are very high, and also the doctors from Spain are very very professional and very well trained.

In fact, Spain has the 2nd life expectancy in the world after Japan, this can be proven by looking at the last official report by the WHO (OMS). Less than 10% of population has private health care in Spain; and most are directly paid by the company, not by the worker. Because it's not needed to have private health care in a country where the public health care works BRILLIANT.

- Education: The same as the health care. All is public and at high standards. Even you can go to College free because a lot of universities are public and they admess almost everyone which reaches the minimum note. Here doesn't happens as in the US for example where you have to wait a long turn for your reply or you have to pay thousands in public universities. NO! In Spain you only pay the entrance fee which is some hundred euros, and that's all, you have 4 years of free university :) with some of the best teachers from Europe.

- Quality of life: The 1st quality of life by far in Europe. Big and beautiful city, but not as stressant as Paris or Londres, and not as expensive as Wien or Berlin. If you mixture the climate, the price of things, the quality of food, the quality of public services, etc you'll find of course the best quality of life in Europe, and one of the first 5 ones in the world that's for sure.

- Cost of living. As I've said in my last comment, it's very important to select in which zone of the city you want to stay, because in the surroudings it's quite more cheaper, everytime you go more close to the center the prices will be rising. The average NET income is about 2.000€ per month and with that salary you'll be fine as a normal medium class citizen of Madrid. For a family of a married couple (both working) and 2 kids, the normal average as I've said before is about 4-5.000€ gross per month which net are about 3.200-4.000€ and with that salary an average family would live good as medium class citizens in the city.
#Reality on Oct 27, 2015 :
Don't mind of the political comments from some years ago; which are totally fake.

The average income of Madrid is near 2.000€ a month, but it depends on the zone of the city because the Salamanca central zone has a GDP per capita close to 3.000 USD , and a salary higher than 2.000€ per month. There are another neighborhoods like Vallecas where it's a working class neighborhood and the average salary is about 1.400-1.500€, but anyways all the neighborhoods of Madrid are totally safe even if they are working class/immigrants neighborhoods.

A normal family in Madrid (married couple) earns about 4-5.000€ a month (gross, not net; from 4.000 gross net is normally around 3.200-3.400€) and about 3/4 of the population belong to the medium class; take note that a normal appartment inside the city with 3 rooms cost at least 700€ per month and I'm talking about old appartments in the surroundings; but in the city limits which is perfectly communicated with the entire city and outsides with the metro and the bus lines.

Anyways a decent appartment near the centre of Madrid costs 900€ or more per month; if you are alone and you earn at least 1.500€ (that's a quite low salary for Madrid) you can live OK in the surroundings, at any hour you'll have metros or buses (or both) which connect you to the city center or other neighborhoods in some minutes, or you can take your car or buy one in Spain and use it as most of habitants from Madrid do. A small appartment in the surroundings is about 400/450€ per month, and a room in a shared appartment inside Madrid city is about 270-300€, more expensive every time you go more close to the centre.

The food is quite cheap, and there are supermarkets at basically every corner of any street of the city or it's surroundings; take note that only in Spain, there are more than 10 supermarket companies and without counting the foreign ones like Carrefour or Auchan, for example. So buying cheap food wouldn't be a problem if you know a little bit of cooking :)

You can also eat quite cheap at Burger King with the promos from the BK official app available on Play Store or iOS Store, or in the pakistani Kebabs, italian pizzerias, etc... restaurants are quite expensive, but working class pick up food stores are quite affordable.
#Suman on Sep 02, 2015 :
Greetings from Nepal!

As earthquake devastated Nepal & no more job opportunities now as many monuments are destroyed & number of tourist arrival is decreased.

In this situation we are unable to work in our country & looking some works outside. If you have any vacancy on the whatever the post is, it does not matter. If you have any job please do contact me, I will be ready to work for your company & help to achieve company's goal.

I will be glad if you would help me to get to your country for a job.
#Felix d Souza on Jun 24, 2015 :
What is the cost per square meter
Of a ready house within Madrid main City
Since I am planning to buy and move from
Present place that isNew Zealand

And also advise what is the running and maintenance cost of the house per square meter

What is the living cost for two per month

#salman khan on Apr 23, 2015 :
Hello everyone,
i am IT Administrator i am looking for a job and want to move Madrid city because where i live in alicante there is no option to live,so make a plan to move ,if anybody who live madrid please tell me what is the situation in madrid in IT field?my mail address is plz i need your help to for my better future...
thanks sam
#Pedro on Mar 13, 2015 :
I have an offer of 18000€ gross per annum to work in Madrid but I feel it might be too little for the life cost in Madrid. Would this allow me to save anything decent after taxes? Or would it just be bare minimum with little or no change to save money?

Thank you for any input.
#Simba on Jul 09, 2014 :
Hello Guys,

Am offered a Job in Madrid, with Monthly Salary 3000 Euros, I have two Daughters (5 & 2), they don't speak Spanish, but they speak natively English & Arabic.

Do you think it will be enough to live in Spain?

#Habtamu Asittaikie on Jun 22, 2014 :
My name is Habtamu Asitatikie from Ethiopia and in the coming September 2014,I will come to Madrid for study.

I got full scholarship and currently trying to accomplish my VISA issue.

What is the living expense seems?
I will get 1000 euro per month.

May this will be affordable with out jobs?
#matt on May 22, 2014 :
I currently make $70,000 a year plus company car/gas.
I am going to start making $80,000-$90,000 relocating to a new company in Miami.
There is an opportunity to work in Madrid and they are asking me what my salary requirements are.
I lived in Madrid as a kid and understand what living there is going to be like, but I have no experience with the cost of living.
How much would I need to ask in Euros in order to have a similar lifestyle as making $80-$90k a year living in Miami?
Would it also be reasonable to ask for spanish tutoring for the kids and/or private english school to be paid by employeer? What about for my wife?
#Anonymous on Apr 17, 2014 :
No. Unless you go to an Eastern European country, that kind of money won't get you far in most of Western Europe.

Spain is fairly cheap and much cheaper compared to, say, Italy, France or the UK but still if you want to go out etc €400 is too little even in Spain.
#Blake on Apr 16, 2014 :

I was offered a job with a language assistant program in Spain today. I was placed in Madrid and the details include that I would live a year in Madrid with a host family, whom would take me in for 8 months as an additional member of their family. To me, this is a nice option because I will not have to worry about paying for food or living expenses. However, I will be earning 400€/month working 20 hours/week. Even though I will not be worrying about food or room, is this realistic to live on in Madrid? I have done some traveling before but not in Europe, so I would appreciate any advice you might have.

Thank you,

#Vento on Jan 28, 2014 :
Am considering to move to Madrid with my two daughters ages are 11 n 8 how would the school work for them since we have always lived in Miami Fl?
#Peter Cole on Dec 17, 2013 :
Thanks for the page! It's very useful!
I've lived in Madrid for three months during the summer and I can truly say the city has a great atmosphere, filled with funny people and an absolutely buzzing nightlife! ·Its fairly cheap to live out here, although I have visited towns which have been cheaper in Spain, but to be fair Madrid is not at all expensive if you know where to go! The public transport is very good, price-wise (around 50€ for a monthly pass)and the accommodation even more so. During my stay, I lived in a very cheap flat in the very center of Madrid for 300€ per month - with the aid of the Spanish language school where I studied. If someone is interested in Madrid, here is a video from two very good friends of mine at the school, talking about life in this great city.
#Azra on Oct 22, 2013 :
Hi there!
I'm considering an internal transfer, from my homecountry (Malaysia), to Madrid. I've spoken to the HR side in Madrid, and all work scope had been briefed accordingly.
The next step is for me to send them the remuneration package that I think would be ideal for me. The position that is being opened is Senior Manager, Corporate Communications. I'm a Bachelor's degree holder, and in total, I have 11 years of experience in communications, media and corporate responsibility areas. I'm female, married with 2 kids. Currently, I'm earning RM5,500 per month (which equates to about 1,264.24EUR).
I would appreciate it, if any of you could assist me in sharing some info... especially on the estimate range of salary that I can propose. Thank you.
#Miguel Pérez on Aug 22, 2013 :
Note: Average salary in Madrid after taxes, for the people who do have a job nowadays, is just above 1000. Businesses and our dearest government are taking advantage of the economic crisis to make our lives even more miserable by lowering salaries for everyone. Of course, 1000 € a month is not enough to live alone in Madrid (much less for two people or a family with kids), and if you're coming from somewhere else you should ask for twice that much at the very least.

CN-Madrid: 40K per year (before huge taxes) is more than enough to live for a single person if you rent.

Mehdi: Depends on where you work and what kind of services you like. If I could I'd live in a country house or villa in the mountains. If I have to work at the office, I'd live in a house in a satellite city (e.g. for Madrid: perhaps Tres Cantos, Majadahonda, Villalba or Boadilla del Monte?). If you like to live in big city centres, you can afford almost anything in Madrid (Salamanca district).

Noel: I suppose a household income of 60000 € would be adequate if you want to live in the centre of Madrid. Education is free (mostly free now, thanks to our beloved government and austerity), unless you want private education. Health is free (partly free now, thanks to our beloved government and austerity), but private health services which work in addition to social security will cost some 60 € a month per person.

Debasish Sarkar: That's far more than Spaniards would make in that position.

Sam: 24K is the bare minimum you'd need as long as you live in a cheaper satellite city (e.g. Leganés, Getafe, Fuenlabrada) and don't have an expensive life style. It's not a great offer, but salaries in Spain are that bad.
#CN-Madrid on Jul 24, 2013 :
40K per year in Madrid is enough for to live OK for a single person?
Thanks for your help
#Mehdi on Jul 22, 2013 :
I am thinking of moving to Spain along with my wife and 14 year old son . I make more than 100,000 Euro annually after taxes . Were will it be more suitable to us to live in Spain and were do we fit in as living class is concerned.
#Noel on Jun 02, 2013 :
I'd imagine that most of the posters and the costs of living here rfer to a single person, but how much sould someone like me, a married man with a wife and 2 small babies need to live in Madrid. Assuming rent of say 800 euro a month, and assuming schooling costs for my 2 kids. Finally how much would provate medical cover cost us.


#Debasish Sarkar on May 22, 2013 :
I have got a job offer as a Lead Engineer and posting will be in Madrid head quarter. ...and they are offering me 65K € per annum including tax but they will provide family accommodation in the same city, which is excluding my salary. Is this offer is good for me??? Can you tell me with this salary how much tax I have to pay???
#Sam on May 03, 2013 :
Hello all,

I have got an offer at Madrid, Spain for 24000 Euros gross per annum, will it be ok to run my salary with the salary (which I don't know what it will be post tax)for me, my spouse and my 9 months old kid? Please let me know your views. Thanks.
#ju on Mar 25, 2013 :
salary is high, average in a spanish company is 1.300 few people makes more than 2.000 after taxes.
#Yops86 on Jan 06, 2013 :
Well, about the cities you said, Castuera, Plasencia, Bejar and Reinosa are towns that have less than 100000 people, I am from Badajoz and I can say it is a very cheap place and maybe the cheapest in all Spain, and population is about 150000. But it will be very difficult to find people who speak in english, anyway the people are very friendly and always we try to make feel foreigners like in their home.
#Los Angeles, CA on Nov 24, 2012 :
Which from among the following cities is the CHEAPEST? NO, not little towns, cities with more than 100,000.00 people? For example, cities like VALLADOLID, CASTUERA, CACERES, BADAJOZ, BEJAR, PLASENCIA, REINOSA, TOLEDO, and SANTANDER. I would like to know which from among these cities is the least expensive please - however, still has a GREAT entertainment scene??? Thank you to anyone who can answer this inquiry for me. Much appreciated.
#d on Nov 05, 2012 :
isn't 600 EUR a typical monthly payment of hipoteca in Spain? So, with 600 -1500 EUR net income of "medium class", who the hell brings 600 EUR every mo nth to the bancs??
#Paulo on Oct 18, 2012 :
I live in Madrid, and from the reality I see from me, family and friends of diferent areas, the "Median Monthly Disposable Salary" is in reality something around 700-1500€ for the medium-class. Above that would be high-class (minority) and below that would be lower-class (a growing minority...)
#d on Oct 03, 2012 :
El 47% de los madrileños no llegaba a mileurista en 2010
#Mladen on May 06, 2012 :
I also was surprised by the average salary until someone showed me an article in newspaper:
Madrid average gross salary: 2.161€ in 14 pays. Around 1.600€ net in 14 pays. Around 1.850€ net in 12 pays.
#miguel on May 06, 2012 :
I read that article as well... i dont know where they got that information... actually, not even an engineer with years of experience is getting that salary of about 1800 euros

Transportation of 50€ is also an average, my monthly pass is 67€ :)

but this page stands for a great idea

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