Madrid vs Nicosia - Cost of Living Comparison

Updated: October 10, 2024

	Madrid	Nicosia
🚶 Cost of living one person	$1889	$1352
👨‍👩‍👧‍👦 Cost of living Family	$4256	$3249
🏠 One person rent	$1111	$701
🏘️ Family rent	$1849	$1285
🍽️ Food expenses	$457	$434
🚐 Transport expenses	$177	$92.2
💳 Monthly salary after tax	$2391	$1689
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	13 km
🎓 Higher education	98	69
😀 Quality of life	90	81
🏙️ Population	3.33M	330K

The cost of living in Madrid is 40% more expensive than in Nicosia. Cities ranked 2194th and 4220th ($1889 vs $1352) in the list of the most expensive cities in the world and ranked 5th and 6th in Spain and Cyprus, respectively. Check Spain vs Cyprus comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Madrid compared to 1.2 months in Nicosia. Madrid ranked 1st best city to live in Spain vs Nicosia ranked 1st in Cyprus, while ranked 149th and 469th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Madrid vs Nicosia infographic

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Prices in Madrid vs Nicosia

Prices for goods and services in Madrid and Nicosia are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Madrid	Nicosia
Eating Out
🍱 Lunch Menu	$15.3	$12
🥂 Dinner in a Restaurant, for 2	$58.7	$60.6
🥪 Fast food meal, equiv. McDonald's	$11	$7.85
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.18	$4.46
☕ Cappuccino	$2.93	$3.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.83	$1.57
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1256	$631
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$911	$506
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2211	$1228
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1526	$992
🔌 Utility Bill one person, electricity, heating, water, etc.	$98	$140
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$152	$216
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$33.1	$29.2
🏦 Mortgage Interest Rate for 20 Years	3.68%	3.8%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6496	$2667
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4015	$1828
Transportation
🚌 Local transport ticket	$1.65	$2.71
🎟️ Monthly ticket local transport	$45.3	$55.7
🚕 Taxi Ride, 8 km or 5 mi	$15.1	$16.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.85	$1.59
Groceries
🥛 Milk, 1 L or 1 qt	$1.19	$1.89
🍞 Bread, 0.5 kg or 1.1 lb	$1.5	$1.82
🍚 Rice, 1 kg or 2.2 lb	$1.51	$2.16
🥚 Eggs, x12	$3.24	$4.21
🧀 Cheese, 1 kg or 2.2 lb	$15.1	$13.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.47	$9.82
🥩 Round Steak, 1 kg or 2.2 lb	$15.4	$12.4
🍏 Apples, 1 kg or 2.2 lb	$2.61	$2.83
🍌 Banana, 1 kg or 2.2 lb	$2.01	$2.01
🍊 Oranges, 1 kg or 2.2 lb	$2.2	$1.87
🍅 Tomato, 1 kg or 2.2 lb	$2.45	$2.77
🥔 Potato, 1 kg or 2.2 lb	$1.85	$1.44
🧅 Onion, 1 kg or 2.2 lb	$1.82	$1.29
🌊 Water, 1 L or 1 qt	$0.62	$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.22	$2.48
🍾 Wine (mid-priced), 750 mL bottle	$7.49	$8.96
🍺 Beer, 0.5 L or 16 fl oz	$1.3	$1.75
🚬 Cigarette pack	$6.16	$5.66
💊 Cold medicince, 1 week	$9.3	$6.85
🧴 Hair Shampoo	$3.59	$3.81
🧻 Toilet paper, 4 rolls	$2.4	$2.05
👄 Toothpaste, 1 tube	$2.71	$2.86
Other
🏋️ Gym Membership, 1 month	$47.2	$61.9
🎫 Cinema Ticket, 1 person	$11.5	$11.2
👩‍⚕️ Doctor's visit	$67.3	$50.7
💇 Haircut, simple	$21.5	$11.3
👖 Brand Jeans	$89.1	$87.9
👟 Brand Sneakers	$96.9	$90.2
👶 Daycare or Preschool, 1 month	$585	$408
🏫 International Primary School, 1 year	$10462	$7504

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Madrid

Distance	City	Cost of living
11 km or 6.6 mi	Pozuelo de Alarcon	$1776
11 km or 6.7 mi	Coslada	$1567
14 km or 8.5 mi	Alcobendas	$1526
18 km or 11 mi	Mostoles	$1591
18 km or 11 mi	Fuenlabrada	$1592
18 km or 11 mi	Torrejon de Ardoz	$1471
21 km or 13 mi	Tres Cantos	$1396
29 km or 18 mi	Alcala de Henares	$1444
50 km or 31 mi	Guadalajara	$1122
68 km or 42 mi	Toledo	$1289
69 km or 43 mi	Segovia	$1333
138 km or 86 mi	Cuenca	$1162
155 km or 97 mi	Laguna de Duero	$1259
158 km or 98 mi	Villarrobledo	$1287
162 km or 101 mi	Valladolid	$1262
177 km or 110 mi	Salamanca	$1127
196 km or 122 mi	Puertollano	$974
208 km or 129 mi	Plasencia	$1169
211 km or 131 mi	Zamora	$1260
215 km or 133 mi	Burgos	$1220
223 km or 139 mi	Albacete	$1037
242 km or 150 mi	Villanueva de la Serena	$1217
244 km or 151 mi	Requena	$1317
250 km or 156 mi	Logrono	$1016
251 km or 156 mi	Caceres	$1019
253 km or 157 mi	Tudela	$1314
258 km or 160 mi	Linares	$1316
269 km or 167 mi	Ubeda	$1461
272 km or 169 mi	Zaragoza	$1330
281 km or 175 mi	Merida	$1186
283 km or 176 mi	Vitoria-Gasteiz	$1600
288 km or 179 mi	Leon	$1337
295 km or 183 mi	Jaen	$1013
296 km or 184 mi	Jumilla	$1258
297 km or 184 mi	Cordoba	$1165
298 km or 185 mi	Yecla	$1271
299 km or 186 mi	Braganca	$863
301 km or 187 mi	Martos	$1284
302 km or 187 mi	Caravaca de la Cruz	$1260
302 km or 188 mi	Valencia	$1581

Cities near Nicosia

Distance	City	Cost of living
17 km or 11 mi	Dali	$1356
19 km or 12 mi	Kyrenia	$1216
32 km or 20 mi	Aradippou	$1242
37 km or 23 mi	Larnaca	$1559
54 km or 33 mi	Famagusta	$1331
58 km or 36 mi	Paralimni	$1150
63 km or 39 mi	Limassol	$2130
65 km or 41 mi	Ypsonas	$1832
96 km or 60 mi	Paphos	$1528
164 km or 102 mi	Mut	$627
196 km or 122 mi	Alanya	$835
213 km or 132 mi	Mersin	$789
224 km or 139 mi	Latakia	$427
224 km or 139 mi	Karaman	$536
238 km or 148 mi	Tarsus	$689
240 km or 149 mi	Tripoli	$708
243 km or 151 mi	Beirut	$1165
246 km or 153 mi	Jounieh	$948
257 km or 160 mi	Samandag	$510
259 km or 161 mi	Sidon	$767
267 km or 166 mi	Eregli	$618
269 km or 167 mi	Adana	$705
271 km or 168 mi	Tyre	$545
276 km or 171 mi	Zahle	$857
276 km or 172 mi	Antakya	$450
286 km or 178 mi	Iskenderun	$596
289 km or 180 mi	Nahariya	$1565
296 km or 184 mi	Acre	$1451
297 km or 185 mi	Ma'alot-Tarshiha	$1619
298 km or 185 mi	Kiryat Shmona	$1604
302 km or 187 mi	Ceyhan	$576
303 km or 188 mi	Haifa	$1582
304 km or 189 mi	Kiryat Bialik	$1607
304 km or 189 mi	Kiryat Yam	$1604
304 km or 189 mi	Kiryat Motzkin	$1585
308 km or 191 mi	Idlib	$516
308 km or 191 mi	Hama	$450
308 km or 191 mi	Antalya	$963
308 km or 192 mi	Karmiel	$1579
309 km or 192 mi	Kiryat Ata	$1591