Cost of Living in Madrid

Prices coming down, economy is booming in Spain, especially tourism.

Very nice city, lots to do here.

We need to review all current prices because the inflation in Spain is about 6% now, it is affecting food, services, housing and fuel.

Salaries were impacted by the pandemic in general, government is adjusting freelance taxes.

Real rental prices (for a decent apartment where a human being can live) are much higher! This data are old of 20 years.

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.