Cost of Living in Madrid

Covid19 is overwhelming in Madrid but now medical personnel within the government are just now notifying the public 167 cases of EBOLA have been confirmed after knowing about it 3 months priory in Madrid and many more in other parts of Spain.To those planning a visit to Spain any time soon cancel your arrangements go elsewhere.

These prices must be from last century!
Why only have international primary school and not "secondary"? That would be around 25k€ a year. The primry is way off!

Hi! I got offered a job in madrid with a salary of €1000 a month. Would that be enough to survive in madrid? Thank you!

Most people want to transform the world, but few people want to transform themselves

How much do it cost a pass on metro for 1 week please

Monthly public transport pass only costs 20€ with no applied discounts. It lets you move all across the region and includes all forms of public transport(Metro, buses, Trains,...).

2100 is fine if you're not looking for any very fancy flat.

You are saying gross? So after taxes you will get ~1650€. In Spain companies pay the anual salary in 14 or 12 pays. Depends on the company, sometimes you can choose. It doesn't change the total annually amount you get, just the monthly one. I.e. 25000€/y gross can be (net) ~1650/monthly 12 times or 1400/monthly 12 times + 2 extra 1550€ pays in July and December.

That's just to have in mind your monthly fixes earnings.

These are some tips within the M-30 (freeway surrounding the center). Outside of that M-30 all prizes are chipper but some neighborhoods have difficulties in terms of services, cleaning, robberies and so.

Not too horrible, Madrid center and surroundings are safety and well conserved but there are differences between center and lower rent areas. So I'll be focused on within the M-30.

In Madrid you can rent 50-60m (1 or 2 rooms) apartment with 800€/month + services like heating, cooling, etc.

If you like something bigger 80-100m (2 or 3 rooms) be prepared to pay 1000-1400€. It is a good options if you have a friend and want to share the bills.

You can cover food with 100-150€/month.

Public transports like bus or metro/subway are good options. The adult monthly card with unlimited tickets are about 50-80€ depending on how far you would like to travel.

Having a car is another topic. Taxes, gasoline (1.35€/litre), parking (private ~120€/month, street 30€/year), etc. This is up to you. It is not necessary at all to move in Madrid.

So, let's sum:
800 flat
200 services (Internet, water, cooling, heating, etc)
120 food
60 transportation
grab some beers 40€ (2€/the half pint) restaurants let's say 200 (20-25€ restaurant is normal but you can eat the "menu of the day" or menu del día which is basically a full lunch 2 courses with drink and dessert by 12€.

Then you can live decently paying let's say ~1600 and save the rest for you or any unplanned circumstance.

I've been living in Madrid for 7 years.
Hope this help.

Last note, health care. Don't worry. In Spain all medical assistant is free (it is payed by taxes). So if you have any issue or need to go a medical assessment, emergency or hospital, you are fully covered. Make sure to request the medical card, that's all.

hello. How much does an english as second language teacher earn as salary in madrid? Private tutorship or otherwise? Thank you.

#Anonymous: yeah right, the medium salary is 1600 euros and people pay €1500 rent as a minimum. Is that why Spaniards live with your parents until death does them apart? Tax rates are 18%-19% for that salary range, they do not start at 28%.
#Danna: you will have to prepare for a long search. Good properties are hard to find and you should budget around €1000. So €3000 without taxes is ~ €2400 - €1000 rent, and you are left with €1400. Which is close to the medium salary in Madrid, so you should be fine. At least of you do not spent too much on clothes etc.

Hi guys,
is 800 euro/month realistic for a decent flat in Madrid? Nothing fancy, just AC, two separate rooms and not in a bad neighbourhood?
I have an offer for 3000 eur/month gross. Would that be enough for a living? No kids, I do not smoke, a bottle of whiskey every now and then. No clubbing, just an occasional dinner out.

How much roughly would be needed to get by in Madrid for two wks

I don't know what people are saying about average salaries here, but the average salary in Madrid per person in 2016 (data published by INE on 27 June 2018) is €13,099.

I got a job offer of 1400 euros to work in Madrid, so just looking at how expensive it is.

Madrid's salaries 1600 €?? bitch please... almost everyone in Madrid has a salary of 1000 € or less.

Can you get by witu 25€/ day? Thanks guys!

my daughter has study in madrid and earns after two years working in the marketing business in the best district 1000 euro net month

Hello. I would like to know if this information about the cost of living in Madrid is relevant for these days (October, 2017). If not, I would like a link to a similar article relevant for these days.
Thanks!

Hi Anonymous,

I sincerely have no idea how much is a revenue analyst expected to earn, so I did a quick research in Spanish pages online and got the following info:

-According to Indeed, the average salary for a revenue analyst in Spain is 22.778 euro yearly.
-According to Euroaula, between 25.000 and 40.000 euro yearly (this is a teaching institution, so you can expect them to tell you you'd have a brighter future if you study with them than you'd actually have).
-In Jobtonic, in the past three years there have been offers for between 22.500 and 50.000 euro yearly.

Since the position doesn't seem to be very demanding and you have experience but not too much, I wouldn't ask for much if I wanted to get the job. Perhaps asking for 25.000 and saying that you value the opportunity to grow inside the company would be a good strategy.

By the way, this are the 20 questions that according to the CESAE Business and Tourism School you should be ready to answer:

1. Hábleme de usted

2. ¿Por qué dejó su último trabajo?

3. Cuénteme sus objetivos profesionales a largo plazo como responsable de Revenue Management en este hotel.

4. Le comento que usted sería un recurso a disposición de la empresa y que exigimos una gran dedicación para este puesto. ¿Está de acuerdo?

5. ¿Cuál es su filosofía hacia el trabajo?

6. ¿Por qué quiere trabajar con nosotros?

7. Por favor, dígame sus 3 mayores debilidades en relación al puesto al que aspira. ¿Cómo podría mejorarlas?

8. ¿Qué tipo de salario busca como revenue manager?

9. ¿Qué es lo que le puede llegar a irritar de sus compañeros de trabajo?

10. Además de cuestiones vitales, ¿qué le mueve más, el dinero o su desempeño profesional?

11. ¿Cuáles considera que son las principales tareas de un revenue manager?

12. ¿Qué ha aprendido de sus anteriores experiencias en el área de revenue management?

13. ¿Cree que sus capacidades se adaptan a las tareas que desempeñará en este puesto?

14. ¿Qué es lo más relevante que usted puede aportar a este puesto?

15. En su vida, ¿qué logros han sido los más importantes relacionadas con su actividad como revenue manager?

16. ¿Por qué decidió dedicarse al área de Revenue management?

17. ¿Cuáles cree usted que son las 3 grandes habilidades que debe manejar y desarrollar todo revenue manager?

18. ¿Conoce cómo se aplica la norma ISO 9001 al trabajo de revenue manager?

19. ¿Cuáles considera usted que son los errores más comunes en el trabajo de un revenue manager y cómo cree que podría solventarlos?

20. ¿Tiene usted alguna pregunta?

I must agree with Miguel: Madrid IS expensive. If you choose to live in the city itself you'll probably need to make sacrifices in your living quality, simply because you may not be able to afford it.

A good option if you need / want to live in Madrid but don't have a lot of money is moving outside the city itself, and living in one of the nearby towns, which offer a very good quality of live and are much cheaper. They are usually well connected to the city center by road and bus / train / metro (Madrid's public transportation is expensive but quite reliable). I lived my first 23 years in a nearby town (Pinto) because my parents could afford a much better house here than in Madrid itself; my parents need about 20 minutes by car to reach their shop (which is more or less close to Atocha).

Other than that: when Miguel says you can go "to have a beer" with your friends and end up spending around 50 euros, don't be scared: it doesn't mean literally going out and drinking a beer, it means drinking several beers while basically having dinner ración / tapa after ración / tapa. And yet you wouldn't spend 50 euro unless you paid for someone else's (which in Spain is considered polite and is quite common). But you can expect to end up spending about 20 euros without even realizing it.

Is the average monthly salary of 1,489.02 realistic?

Without rent, it would actually be more than enough just to live.

The average expenditure in food in Spain is 200e/month per person.
The average expenditure in clothes in Madrid is 1200e/year per person (meaning about 100e/month per person).
The average electricity + water expenditure in Madrid is aprox. 70e/month (per house, not per person).
The health system is public and free, I am not sure if you'd have to pay (and how much) if you are not a EU citizen; but I don't think it would be much.
A full-month public transportation card that allows you to use the Metro (underground), buses and trains would be 20e/month if you are younger than 26, 12,30e/month if you are older than 65, and 55e/month if you are in between. If you live outside Madrid city and you are between 26 and 65, consider that ammount could rise up to 100e/month.
And house phone + Internet will be about 30-40e/month, not including mobile phone (about 20-25e/person if you want a good internet connection).

So with about 450-500e/month without rent you should have your basic needs covered.

Ok, a native from Madrid here. I don't usually post comments, but since the comments written so far don't seem to be realistic and/or useful, I've decided to write my own.

First of all, the 650 euros per month estimated in this page is the absolute minimum. It should be enough to rent a small room (not a studio, just a room), live without ever (or almost ever) eating outside home, and buying cheap clothes. You could do "fine", but you would live in the verge of poverty.

If your earn around 1000 euros per month, you'd be what in Spain we call a "mileurista" (which literally means "someone who earns around 1000 euros per month"). You should be abble to rent an appartment (either a specially small appartment, or a "normal" shared appartment) and live in a "working-class" style. You wouldn't have a lot of money and would definitely not be abble to have many expenses, but you should do fine if your are a little careful with your budget and if you are lucky finding a cheap and good appartment. On the contrary, if you earn more than 1500 euro / month, you won't have many budget problems.

The average salary in Madrid is aproximately 2000 euros / month (it was 1946 euros / month last year), so the average income for a family should be around 4000 euros / month (the average couple having one or two children on average). Anything close to that ammount would mean you'd live like locals do (which means you'd live pretty well).

EXTRA HINT: If you don't have much money but want to live in Madrid, consider living in the nearby towns, which are very well connected to the capital, both through public transport and roads (in fact many of those towns are called "ciudades dormitorio" ("bedroom-cities") because a lot of people work and spend most time in Madrid and only go to those cities to rest). While 1k may be a little bit tightened for Madrid's center, it should be more than enough to live in cities to the south and east of Madrid, like Fuenlabrada, Getafe, Parla, Móstoles, Pinto, Valdemoro... those are mostly working-class towns where people go to live because they can afford much better houses than they could on the same budget in Madrid's city center.

Oh, and about the comments regarding safety in Madrid: Madrid is a safe city. Spain has one of the lowest crime rates in Europe, far lower than that of France or Germany. You must be careful, of course, Madrid is a big city; but there is no need to be more careful than you'd be in any other big European city like London or Paris. There are no ghettos or bad neighborhoods in Madrid (the closest to that being Lavapiés, which is actually one of the coolest neighborhoods), and the working-class towns around Madrid are actually safer than Madrid itself. You must be specially carefull about pick-pocketers in touristic areas, and never leave something like a bike without a padlock. But that's pretty much everything.