Madrid vs Nicosia - Cost of Living Comparison

Updated: October 14, 2025

	Madrid	Nicosia
🚶 Cost of living one person	$2015	$1453
👨‍👩‍👧‍👦 Cost of living Family	$4668	$3383
🏠 One person rent	$1177	$775
🏘️ Family rent	$2051	$1312
🍽️ Food expenses	$499	$477
🚐 Transport expenses	$189	$65.3
💳 Monthly salary after tax	$2580	$1674
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	13 km
🎓 Higher education	98	70
😀 Quality of life	92	81
🏙️ Population	3.42M	56.8K

The cost of living in Madrid is 39% more expensive than in Nicosia. Cities ranked 1962nd and 4118th ($2015 vs $1453) 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 3rd in Cyprus, while ranked 142nd and 705th 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	$16.4	$15.2
🥂 Dinner in a Restaurant, for 2	$62.3	$62.1
🥪 Fast food meal, equiv. McDonald's	$12	$8.76
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.96	$4.66
☕ Cappuccino	$3.72	$3.83
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.13	$1.8
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1341	$672
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$959	$570
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2482	$1220
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1691	$1006
🔌 Utility Bill one person, electricity, heating, water, etc.	$110	$151
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$169	$230
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.3	$33.4
🏦 Mortgage Interest Rate for 20 Years	3.1%	4.72%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8353	$2954
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4881	$2215
Transportation
🚌 Local transport ticket	$1.74	$2.79
🎟️ Monthly ticket local transport	$43.1	$56.7
🚕 Taxi Ride, 8 km or 5 mi	$17.7	$21.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.8	$1.62
Groceries
🥛 Milk, 1 L or 1 qt	$1.21	$2.02
🍞 Bread, 0.5 kg or 1.1 lb	$1.46	$1.9
🍚 Rice, 1 kg or 2.2 lb	$1.46	$2.48
🥚 Eggs, x12	$3.62	$4.82
🧀 Cheese, 1 kg or 2.2 lb	$16.5	$14.5
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.96	$10
🥩 Round Steak, 1 kg or 2.2 lb	$17.5	$13.2
🍏 Apples, 1 kg or 2.2 lb	$2.83	$3.04
🍌 Banana, 1 kg or 2.2 lb	$2.3	$2.03
🍊 Oranges, 1 kg or 2.2 lb	$2.65	$2.27
🍅 Tomato, 1 kg or 2.2 lb	$2.88	$3.47
🥔 Potato, 1 kg or 2.2 lb	$2.12	$1.45
🧅 Onion, 1 kg or 2.2 lb	$2.22	$1.54
🌊 Water, 1 L or 1 qt	$0.65	$0.73
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$2.7
🍾 Wine (mid-priced), 750 mL bottle	$8.79	$8.44
🍺 Beer, 0.5 L or 16 fl oz	$1.39	$1.84
🚬 Cigarette pack	$6.94	$5.88
💊 Cold medicince, 1 week	$10.5	$7.03
🧴 Hair Shampoo	$3.97	$4.04
🧻 Toilet paper, 4 rolls	$2.6	$2.14
👄 Toothpaste, 1 tube	$2.8	$3.02
Other
🏋️ Gym Membership, 1 month	$52	$67.6
🎫 Cinema Ticket, 1 person	$11.8	$11.5
👩‍⚕️ Doctor's visit	$70.5	$53.2
💇 Haircut, simple	$17.4	$11.9
👖 Brand Jeans	$102	$104
👟 Brand Sneakers	$107	$99.1
👶 Daycare or Preschool, 1 month	$678	$508
🏫 International Primary School, 1 year	$12418	$8498

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	$1870
11 km or 6.7 mi	Coslada	$1674
14 km or 8.5 mi	Alcobendas	$1656
18 km or 11 mi	Mostoles	$1703
18 km or 11 mi	Fuenlabrada	$1592
18 km or 11 mi	Torrejon de Ardoz	$1581
21 km or 13 mi	Tres Cantos	$1627
29 km or 18 mi	Alcala de Henares	$1573
50 km or 31 mi	Guadalajara	$1194
68 km or 42 mi	Toledo	$1325
69 km or 43 mi	Segovia	$1385
138 km or 86 mi	Cuenca	$1217
155 km or 97 mi	Laguna de Duero	$1346
158 km or 98 mi	Villarrobledo	$1400
162 km or 101 mi	Valladolid	$1367
177 km or 110 mi	Salamanca	$1189
196 km or 122 mi	Puertollano	$893
208 km or 129 mi	Plasencia	$1225
211 km or 131 mi	Zamora	$1337
215 km or 133 mi	Burgos	$1343
223 km or 139 mi	Albacete	$1464
242 km or 150 mi	Villanueva de la Serena	$1312
244 km or 151 mi	Requena	$1407
250 km or 156 mi	Logrono	$1118
251 km or 156 mi	Caceres	$1225
253 km or 157 mi	Tudela	$1414
258 km or 160 mi	Linares	$1369
269 km or 167 mi	Ubeda	$1490
272 km or 169 mi	Zaragoza	$1457
281 km or 175 mi	Merida	$1272
283 km or 176 mi	Vitoria-Gasteiz	$1685
288 km or 179 mi	Leon	$1303
295 km or 183 mi	Jaen	$1133
296 km or 184 mi	Jumilla	$1345
297 km or 184 mi	Cordoba	$1233
298 km or 185 mi	Yecla	$1320
299 km or 186 mi	Braganca	$913
301 km or 187 mi	Martos	$1382
302 km or 187 mi	Caravaca de la Cruz	$1344
302 km or 188 mi	Valencia	$1703

Cities near Nicosia

Distance	City	Cost of living
17 km or 11 mi	Dali	$1420
19 km or 12 mi	Kyrenia	$1305
32 km or 20 mi	Aradippou	$1275
37 km or 23 mi	Larnaca	$1587
54 km or 33 mi	Famagusta	$1376
58 km or 36 mi	Paralimni	$1403
63 km or 39 mi	Limassol	$2175
65 km or 41 mi	Ypsonas	$1945
96 km or 60 mi	Paphos	$1728
164 km or 102 mi	Mut	$634
196 km or 122 mi	Alanya	$734
213 km or 132 mi	Mersin	$820
224 km or 139 mi	Latakia	$441
224 km or 139 mi	Karaman	$420
238 km or 148 mi	Tarsus	$724
240 km or 149 mi	Tripoli	$787
243 km or 151 mi	Beirut	$1261
246 km or 153 mi	Jounieh	$1028
257 km or 160 mi	Samandag	$647
259 km or 161 mi	Sidon	$822
267 km or 166 mi	Eregli	$690
269 km or 167 mi	Adana	$791
271 km or 168 mi	Tyre	$647
276 km or 171 mi	Zahle	$930
276 km or 172 mi	Antakya	$659
286 km or 178 mi	Iskenderun	$591
289 km or 180 mi	Nahariya	$1775
296 km or 184 mi	Acre	$1633
297 km or 185 mi	Ma'alot-Tarshiha	$1803
298 km or 185 mi	Kiryat Shmona	$1808
302 km or 187 mi	Ceyhan	$599
303 km or 188 mi	Haifa	$1840
304 km or 189 mi	Kiryat Yam	$1819
304 km or 189 mi	Kiryat Bialik	$1804
304 km or 189 mi	Kiryat Motzkin	$1842
308 km or 191 mi	Idlib	$543
308 km or 191 mi	Hama	$438
308 km or 191 mi	Antalya	$1035
308 km or 192 mi	Karmiel	$1630
309 km or 192 mi	Kiryat Ata	$1769