Madrid vs Nicosia - Cost of Living Comparison

Updated: March 02, 2025

	Madrid	Nicosia
🚶 Cost of living one person	$1781	$1302
👨‍👩‍👧‍👦 Cost of living Family	$4027	$3166
🏠 One person rent	$1048	$678
🏘️ Family rent	$1736	$1282
🍽️ Food expenses	$445	$414
🚐 Transport expenses	$163	$90
💳 Monthly salary after tax	$2294	$1519
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	13 km
🎓 Higher education	98	70
😀 Quality of life	90	81
🏙️ Population	3.42M	330K

The cost of living in Madrid is 37% more expensive than in Nicosia. Cities ranked 2443rd and 4211th ($1781 vs $1302) in the list of the most expensive cities in the world and ranked 5th and 5th 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 151st and 494th 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	$14.7	$11.6
🥂 Dinner in a Restaurant, for 2	$57	$55.7
🥪 Fast food meal, equiv. McDonald's	$10.6	$7.78
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.36	$4.19
☕ Cappuccino	$2.92	$3.47
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.77	$1.43
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1203	$601
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$853	$493
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2092	$1203
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1428	$1007
🔌 Utility Bill one person, electricity, heating, water, etc.	$94	$134
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$145	$206
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$30.6	$29.3
🏦 Mortgage Interest Rate for 20 Years	3.59%	4.6%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6884	$2722
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3988	$1984
Transportation
🚌 Local transport ticket	$1.56	$2.49
🎟️ Monthly ticket local transport	$32.4	$51.6
🚕 Taxi Ride, 8 km or 5 mi	$15.8	$17.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.74	$1.47
Groceries
🥛 Milk, 1 L or 1 qt	$1.11	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$1.31	$1.64
🍚 Rice, 1 kg or 2.2 lb	$1.31	$2.14
🥚 Eggs, x12	$3.12	$4.04
🧀 Cheese, 1 kg or 2.2 lb	$13.5	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.12	$9.01
🥩 Round Steak, 1 kg or 2.2 lb	$14.5	$11.9
🍏 Apples, 1 kg or 2.2 lb	$2.31	$2.67
🍌 Banana, 1 kg or 2.2 lb	$1.91	$1.9
🍊 Oranges, 1 kg or 2.2 lb	$2.13	$1.81
🍅 Tomato, 1 kg or 2.2 lb	$2.26	$3.14
🥔 Potato, 1 kg or 2.2 lb	$1.78	$1.26
🧅 Onion, 1 kg or 2.2 lb	$1.77	$1.36
🌊 Water, 1 L or 1 qt	$0.59	$0.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.02	$2.45
🍾 Wine (mid-priced), 750 mL bottle	$6.89	$7.91
🍺 Beer, 0.5 L or 16 fl oz	$1.21	$1.71
🚬 Cigarette pack	$6.25	$5.26
💊 Cold medicince, 1 week	$11.5	$6.43
🧴 Hair Shampoo	$3.96	$3.57
🧻 Toilet paper, 4 rolls	$2.62	$1.95
👄 Toothpaste, 1 tube	$2.99	$2.68
Other
🏋️ Gym Membership, 1 month	$45	$60.7
🎫 Cinema Ticket, 1 person	$10.2	$10.3
👩‍⚕️ Doctor's visit	$58.3	$48.1
💇 Haircut, simple	$15.1	$11.2
👖 Brand Jeans	$80.7	$88.1
👟 Brand Sneakers	$90.1	$83
👶 Daycare or Preschool, 1 month	$576	$416
🏫 International Primary School, 1 year	$10042	$6962

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	$1565
11 km or 6.7 mi	Coslada	$1530
14 km or 8.5 mi	Alcobendas	$1433
18 km or 11 mi	Mostoles	$1573
18 km or 11 mi	Fuenlabrada	$1389
18 km or 11 mi	Torrejon de Ardoz	$1387
21 km or 13 mi	Tres Cantos	$1309
29 km or 18 mi	Alcala de Henares	$1293
50 km or 31 mi	Guadalajara	$1056
68 km or 42 mi	Toledo	$1204
69 km or 43 mi	Segovia	$1285
138 km or 86 mi	Cuenca	$1084
155 km or 97 mi	Laguna de Duero	$1201
158 km or 98 mi	Villarrobledo	$1235
162 km or 101 mi	Valladolid	$1212
177 km or 110 mi	Salamanca	$1086
196 km or 122 mi	Puertollano	$812
208 km or 129 mi	Plasencia	$1098
211 km or 131 mi	Zamora	$1286
215 km or 133 mi	Burgos	$1107
223 km or 139 mi	Albacete	$1209
242 km or 150 mi	Villanueva de la Serena	$1157
244 km or 151 mi	Requena	$1261
250 km or 156 mi	Logrono	$983
251 km or 156 mi	Caceres	$947
253 km or 157 mi	Tudela	$1241
258 km or 160 mi	Linares	$1220
269 km or 167 mi	Ubeda	$1316
272 km or 169 mi	Zaragoza	$1101
281 km or 175 mi	Merida	$1126
283 km or 176 mi	Vitoria-Gasteiz	$1532
288 km or 179 mi	Leon	$1241
295 km or 183 mi	Jaen	$930
296 km or 184 mi	Jumilla	$1241
297 km or 184 mi	Cordoba	$1100
298 km or 185 mi	Yecla	$1324
299 km or 186 mi	Braganca	$806
301 km or 187 mi	Martos	$1204
302 km or 187 mi	Caravaca de la Cruz	$1221
302 km or 188 mi	Valencia	$1522

Cities near Nicosia

Distance	City	Cost of living
17 km or 11 mi	Dali	$1243
19 km or 12 mi	Kyrenia	$1136
32 km or 20 mi	Aradippou	$1134
37 km or 23 mi	Larnaca	$1368
54 km or 33 mi	Famagusta	$1252
58 km or 36 mi	Paralimni	$1158
63 km or 39 mi	Limassol	$1968
65 km or 41 mi	Ypsonas	$1702
96 km or 60 mi	Paphos	$1551
164 km or 102 mi	Mut	$611
196 km or 122 mi	Alanya	$745
213 km or 132 mi	Mersin	$759
224 km or 139 mi	Latakia	$386
224 km or 139 mi	Karaman	$490
238 km or 148 mi	Tarsus	$688
240 km or 149 mi	Tripoli	$776
243 km or 151 mi	Beirut	$1255
246 km or 153 mi	Jounieh	$1020
257 km or 160 mi	Samandag	$597
259 km or 161 mi	Sidon	$798
267 km or 166 mi	Eregli	$618
269 km or 167 mi	Adana	$712
271 km or 168 mi	Tyre	$573
276 km or 171 mi	Zahle	$912
276 km or 172 mi	Antakya	$598
286 km or 178 mi	Iskenderun	$578
289 km or 180 mi	Nahariya	$1616
296 km or 184 mi	Acre	$1502
297 km or 185 mi	Ma'alot-Tarshiha	$1647
298 km or 185 mi	Kiryat Shmona	$1709
302 km or 187 mi	Ceyhan	$575
303 km or 188 mi	Haifa	$1645
304 km or 189 mi	Kiryat Bialik	$1666
304 km or 189 mi	Kiryat Yam	$1657
304 km or 189 mi	Kiryat Motzkin	$1666
308 km or 191 mi	Idlib	$489
308 km or 191 mi	Hama	$417
308 km or 191 mi	Antalya	$928
308 km or 192 mi	Karmiel	$1531
309 km or 192 mi	Kiryat Ata	$1647