Cost of Living in Madrid

Summary about cost of living in Madrid, Spain:

Edit Range
Meal, Inexpensive Restaurant 12.00 € 9.00-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 € 35.00-80.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 7.00-9.00
Domestic Beer (1 pint draught) 3.00 € 2.00-4.00
Imported Beer (12 oz small bottle) 3.50 € 3.00-4.50
Cappuccino (regular) 2.01 € 1.20-3.00
Coke/Pepsi (12 oz small bottle) 2.00 € 1.20-3.00
Water (12 oz small bottle) 1.52 € 1.00-2.00
Milk (regular), (1 gallon) 3.20 € 2.27-4.54
Loaf of Fresh White Bread (1 lb) 0.88 € 0.45-1.81
Rice (white), (1 lb) 0.51 € 0.34-0.82
Eggs (regular) (12) 2.04 € 1.24-3.00
Local Cheese (1 lb) 4.36 € 2.27-6.80
Chicken Fillets (1 lb) 2.99 € 1.36-3.97
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.11 € 2.72-7.26
Apples (1 lb) 0.93 € 0.54-1.36
Banana (1 lb) 0.78 € 0.45-1.36
Oranges (1 lb) 0.75 € 0.36-1.13
Tomato (1 lb) 0.85 € 0.45-1.13
Potato (1 lb) 0.58 € 0.27-0.91
Onion (1 lb) 0.58 € 0.36-0.91
Lettuce (1 head) 0.97 € 0.80-1.00
Water (1.5 liter bottle) 0.72 € 0.35-1.50
Bottle of Wine (Mid-Range) 5.00 € 3.00-9.00
Domestic Beer (0.5 liter bottle) 1.05 € 0.61-1.68
Imported Beer (12 oz small bottle) 1.65 € 0.90-3.00
Cigarettes 20 Pack (Marlboro) 5.38 € 5.00-6.00
One-way Ticket (Local Transport) 1.50 € 1.40-2.00
Monthly Pass (Regular Price) 54.60 € 50.00-65.00
Taxi Start (Normal Tariff) 3.00 € 2.40-4.30
Taxi 1 mile (Normal Tariff) 1.77 € 1.61-3.22
Taxi 1hour Waiting (Normal Tariff) 24.00 € 18.60-35.00
Gasoline (1 gallon) 4.86 € 4.16-5.34
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 € 20,000.00-25,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,602.17 € 20,000.00-30,000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 131.50 € 80.00-245.56
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.21 € 0.07-0.30
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 40.90 € 30.00-60.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult 39.98 € 29.00-60.00
Tennis Court Rent (1 Hour on Weekend) 11.81 € 7.00-15.00
Cinema, International Release, 1 Seat 9.00 € 8.00-11.00
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 450.68 € 350.00-600.00
International Primary School, Yearly for 1 Child 7,910.53 € 5,000.00-12,000.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 71.01 € 40.00-100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.64 € 20.00-49.00
1 Pair of Nike Running Shoes (Mid-Range) 74.47 € 50.00-100.00
1 Pair of Men Leather Business Shoes 88.89 € 60.00-130.00
Rent Per Month
Apartment (1 bedroom) in City Centre 884.34 € 750.00-1,200.00
Apartment (1 bedroom) Outside of Centre 668.27 € 600.00-890.00
Apartment (3 bedrooms) in City Centre 1,584.24 € 1,300.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,098.04 € 900.00-1,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 461.46 € 343.74-557.41
Price per Square Feet to Buy Apartment Outside of Centre 284.85 € 232.26-418.06
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,647.05 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.03 1.00-3.49

Prices in Madrid

This city had 2903 entries in the past 12 months by 273 different contributors.
Last update: June 2021
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40 Comments so far
Anonymous on Mar 01, 2021:
Spain should've never changed from the peseta to the euro. The euro doesn't have a good track record plus having the euro doesn't allow for Spain to enhance their former currency to market standards.Even if the economy isn't doing well Spain is locked into dues being paid for using the euro. Spain, Italy, Portugal and other countries are feeling the pinch of the failing euro a no win situation.
Anonymous on Feb 25, 2021:
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.
Anonymous on Dec 23, 2020:
Spain is just a warmed over version of Venezuela.
Resident on Nov 18, 2020:
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!
Crator on Oct 15, 2020:
@Anon on Oct 13, 2020: Can't you see the prices above? You'll starve with that kind of money.
Anon on Oct 13, 2020:
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!
Pablo on Sep 10, 2020:
Cost of living in Madrid is very flexible. Its not about your salary but on how you spend it. The most expensive commodity in Madrid is that thing called "convenience". If you prefer to be convenient by just going to restaurants instead of cooking your own food, then it would cost you much. If your prefer to take taxi rather than taking buses (monthly pass, its cheap), then, my friend, again, it will cost you much. If you prefer to shop at usual brand stores in the city streets/malls rather than going to factory outlets just outside the city, then it would cost you. In summary, before moving to Madrid or in any city, decide first what kind of living standard you would like to have. Hope this helps.
Franklin.Verne on Jun 07, 2020:
Most people want to transform the world, but few people want to transform themselves
....... on Mar 03, 2020:
How much does it cost to get 1 week pass metro?
Anonymous on Jan 16, 2020:
How much do it cost a pass on metro for 1 week please
Hierba on Nov 29, 2019:
Comment to Guillermo's text.

Yes, 30 day public transport pass costs 20 €, but only for young people (7-25 years old). For older people (26-64 years old) the pass prices vary from 54,60 € - 141,80 €)

Link to the prices:
Guillermo on Nov 20, 2019:
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,...).
Kooki on Nov 05, 2019:
Thank you so much, Anonymous! That was very helpful!
Anonymous on Oct 19, 2019:
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.
Kooki on Oct 15, 2019:
For an expat, is 2100 euros/month gross salary good enough to live decently in Madrid?
luis roberto on Jul 23, 2019:
hello. How much does an english as second language teacher earn as salary in madrid? Private tutorship or otherwise? Thank you.
Anonymous on Jul 10, 2019:
Average salary 800€, normal working hours. A salary 1600€-slavery hours(more than 12 hours daily), this its the true.
Diego on May 31, 2019:
#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.
Anonymous on May 29, 2019:
# Danna low end rent for a flat will cost minimum 1,500 Euro per month.3,000 Euro wouldn't be enough gross per month.If that was net you'd be scraping by at 3,000 Euro gross per month isn't a good offer I'd pass on that remember also Spain taxes begin at 28% which would leave you very little money sorry to burst your bubble but honesty is best.
Danna on May 28, 2019:
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.
Anonymous on Mar 26, 2019:
Figure $500 eur per day which includes lodging, eating out, transportation, and entertainment depending upon where you are.Thats just the basics.
Sandii lee on Mar 26, 2019:
How much roughly would be needed to get by in Madrid for two wks
rebi on Nov 25, 2018:
hi! how much is the average salary for receptionist(hotels,hostels..) in madrid? is it lower than barcelona?
Kepa on Jun 27, 2018:
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.
@Anonymous on Apr 28, 2018:
Are you an IT specialist or an accountant manager?

Is an ok salary, but you wouldn’t save much and have high standards of living as you would have in London, Berlin, Warsaw, Dubai
Anonymous on Apr 23, 2018:
I got a job offer of 1400 euros to work in Madrid, so just looking at how expensive it is.
Toni on Mar 28, 2018:
The average salary in Madrid is around 2,200 Euros (gross) which works out to be around 1,600 (net) after taxes so the data provided here seems correct.
Javi on Feb 05, 2018:
Madrid's salaries 1600 €?? bitch please... almost everyone in Madrid has a salary of 1000 € or less.
Jessica on Jan 05, 2018:

I am planning on moving to Madrid with A Bachelors Degree in Mechanical Engineering. I wouldn't mind living in a small studio for approximately 700€ withbutilities included (Of course, if my income allows me too!).

I have some questions regarding payments:

Does Madrid have a monthly car insurance payment? If so, on average how much?

Do I need to pay medical and dental insurance a month?
Tb on Nov 27, 2017:
Can you get by witu 25€/ day? Thanks guys!
Tb on Nov 27, 2017:
Can you get by witu 25€/ day? Thanks guys!
walter on Oct 29, 2017:
my daughter has study in madrid and earns after two years working in the marketing business in the best district 1000 euro net month
Adarsh on Oct 15, 2017:

I would like to know what is the average monthly salary(with taxes) for a junior software engineer in Madrid , Spain.
noam on Oct 03, 2017:
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.
anonymous on Jul 23, 2017:
Sorry, but the average salary is not accurate. According to INE and PayScale, personal income in Madrid is about 30k to 35k which means around 2 - 2.2k monthly after taxes, while in Spain average salary is 26k anually.
Pablo on Jul 22, 2017:
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?
Anonymous on Jul 20, 2017:
Hi guys,

I am having an interview in Madrid as a revenue analyst. Requirement are 1 year experience and master. I currently have 3 years experience in same position in Brussels.Which salary should i expect? Is 30 k too high or should i ask them even higher?
Pablo on Jul 18, 2017:
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.
Miguel on Jul 17, 2017:
The average monthly salary of 1,489 is not realistic, it depends, A LOT of your work's field, expertise, and company.

As per example, I work in an HR department (with 2.5 years exp) and I'm almost there!. But if you work in the IT field with this same exp. you'll be earning almost 2k monthly.

Also, as per rent (as a non-native from Madrid) is EXPENSIVE! like, a lot! hard to find a good place in a normal neighborhood etc. being realistic, my first year in Madrid I had to live in a flat with no rooms (Kitchen-living-bedroom all in one) really far from the city center and industrial neighborhood for 650€ per month (the worst part is that it wasn't a bad deal....) after a year I could afford to move to another location, near the airport and I could find a flat for 900€/month (plus commodities), this one has 2 bedrooms, 2 bathrooms, pool etc, so is a GREAT deal (normally, those features will cost you around 1k-1.2k monthly, I just was lucky).

Anyways we are 2 at home and we have an income (net) of 2.2k monthly, we manage to save around 100€ per month and I can assure you, we don't throw out money.

- rent: 900€
- electricity/water month: 90€
- food for 2: 400€
- internet + phones: 70€
- gasoline: 150€
- car payment: 200€
- extras (clothing, dinner outside etc): 200€
- saves: 100€
- public transport: 78€

Madrid is a pretty expensive city and you shouldn't spend more than a 1/3 of your net income in your flat/room. Any unexpected cost would be critic if you spend more than that (If you want let's say for example to go with your friends/colleagues to have a beer or get out, you could EASILY spend around 50€).

Hope that helps
Odin on Jun 25, 2017:
Is the average monthly salary of 1,489.02 realistic?