Cost of Living in Madrid
Summary of cost of living in Madrid, Spain:
- A family of four estimated monthly costs are 2,815.2$ (2,558.8€) without rent (using our estimator).
- A single person estimated monthly costs are 793.0$ (720.7€) without rent.
- Madrid is 47.7% less expensive than New York (without rent, see our cost of living index).
- Rent in Madrid is, on average, 70.9% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 14.30 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 55.01 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.80 $ | |
| Domestic Beer (1 pint draught) | 3.30 $ | |
| Imported Beer (12 oz small bottle) | 3.85 $ | |
| Cappuccino (regular) | 2.22 $ | |
| Coke/Pepsi (12 oz small bottle) | 2.53 $ | |
| Water (12 oz small bottle) | 1.69 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 4.34 $ | |
| Loaf of Fresh White Bread (1 lb) | 1.51 $ | |
| Rice (white), (1 lb) | 0.73 $ | |
| Eggs (regular) (12) | 2.95 $ | |
| Local Cheese (1 lb) | 6.53 $ | |
| Chicken Fillets (1 lb) | 3.75 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.50 $ | |
| Apples (1 lb) | 1.15 $ | |
| Banana (1 lb) | 0.91 $ | |
| Oranges (1 lb) | 0.82 $ | |
| Tomato (1 lb) | 1.16 $ | |
| Potato (1 lb) | 0.68 $ | |
| Onion (1 lb) | 0.71 $ | |
| Lettuce (1 head) | 1.21 $ | |
| Water (1.5 liter bottle) | 0.94 $ | |
| Bottle of Wine (Mid-Range) | 5.50 $ | |
| Domestic Beer (0.5 liter bottle) | 1.25 $ | |
| Imported Beer (12 oz small bottle) | 1.79 $ | |
| Cigarettes 20 Pack (Marlboro) | 5.83 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.65 $ | |
| Monthly Pass (Regular Price) | 45.11 $ | |
| Taxi Start (Normal Tariff) | 3.85 $ | |
| Taxi 1 mile (Normal Tariff) | 1.81 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 24.20 $ | |
| Gasoline (1 gallon) | 6.85 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 31,906.14 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,888.92 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 137.34 $ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 16.76 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 32.27 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 44.22 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 11.76 $ | |
| Cinema, International Release, 1 Seat | 9.90 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 535.60 $ | |
| International Primary School, Yearly for 1 Child | 9,506.83 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 58.25 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 28.08 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 75.58 $ | |
| 1 Pair of Men Leather Business Shoes | 83.64 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,229.72 $ | |
| Apartment (1 bedroom) Outside of Centre | 869.26 $ | |
| Apartment (3 bedrooms) in City Centre | 1,989.26 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,434.98 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 409.78 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 253.91 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,675.83 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.00 |
Prices in Madrid
This city had 4036 entries in the past 12 months by 565 different contributors.
Last update: November 2023
Last update: November 2023
Sources and References
Moving to Madrid? Explore:
Distribution of Expenses Using Our Statistical Model:
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Nearby cities:| Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |
This page in other languages:
 DeutschLebenshaltungskosten in Madrid
|
 PortuguêsCusto de Vida em Madrid
|
 ItalianoCosto della Vita a Madrid
|
 FrançaisCoût de la Vie à Madrid
|
 EspañolCosto de Vida en Madrid
|
It's a very good place to live and work, the people here are very friendly.
Very nice city, lots to do here.
Salaries were impacted by the pandemic in general, government is adjusting freelance taxes.
Why only have international primary school and not "secondary"? That would be around 25k€ a year. The primry is way off!
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:
https://www.metromadrid.es/en/travel-in-the-metro/fares-and-tickets/tickets#panel2