🇪🇸Cost of Living in Madrid

Spain · Population: 3,223,000 · Cost Index: 63/100

Cost of Living in Madrid

Spain · Europe

Madrid is Spain's capital and largest city, offering a rich cultural heritage with world-class museums and a legendary food scene. Living costs are slightly lower than Barcelona while providing excellent career opportunities.

3,223,000

Population

Cost Index

Safety Index

Quality of Life

Average Monthly Cost: $2,600 (single person, excluding rent)

Cost Breakdown

Housing

Avg: $1,307.50

1-Bedroom Apartment (City Center)(per month)

$1,100.00

1-Bedroom Apartment (Outside Center)(per month)

$780.00

3-Bedroom Apartment (City Center)(per month)

$2,000.00

3-Bedroom Apartment (Outside Center)(per month)

$1,350.00

Food & Groceries

Avg: $8.30

Meal at Inexpensive Restaurant(per meal)

$13.00

Meal for 2 at Mid-Range Restaurant(per meal)

$45.00

McMeal at McDonald's(per meal)

$9.00

Milk (1 liter)(per liter)

$0.95

Bread (500g loaf)(per loaf)

$1.10

Rice (1 kg)(per kg)

$1.20

Eggs (12)(per dozen)

$2.40

Chicken Breast (1 kg)(per kg)

$7.00

Apples (1 kg)(per kg)

$1.90

Banana (1 kg)(per kg)

$1.40

Transportation

Avg: $13.52

Monthly Public Transit Pass(per month)

$60.00

One-Way Ticket (Local Transport)(per trip)

$1.80

Taxi Start (Normal Tariff)(base fare)

$3.00

Taxi 1km (Normal Tariff)(per km)

$1.15

Gasoline (1 liter)(per liter)

$1.65

Utilities

Avg: $70.00

Basic Utilities (85m² Apartment)(per month)

$160.00

Mobile Phone Plan(per month)

$17.00

Internet (60 Mbps+)(per month)

$33.00

Healthcare

Avg: $24.33

Doctor Visit(per visit)

$28.00

Dentist Visit(per visit)

$38.00

Prescription Medicine (avg)(per prescription)

$7.00

Entertainment

Avg: $13.27

Fitness Club Monthly(per month)

$38.00

Cinema Ticket(per ticket)

$9.00

Cappuccino(per cup)

$2.30

Beer (0.5l) at Restaurant(per glass)

$3.80

Clothing

Avg: $59.33

Pair of Jeans (Levi's)(per pair)

$70.00

Summer Dress (Chain Store)(per item)

$30.00

Running Shoes (Nike, Adidas)(per pair)

$78.00

Compare Madrid with another city

See how Madrid stacks up against any other city in our database.

Quick Facts

Currency: EUR
Language: Spanish
Cost Index: 63/100
Safety Index: 58/100
Quality of Life: 73/100

Data last updated: 2026-01-15. Prices are approximate and shown in USD.