Madrid vs Nicosia - Cost of Living Comparison

Updated: March 11, 2026

	Madrid	Nicosia
🚶 Cost of living one person	$2089	$1485
👨‍👩‍👧‍👦 Cost of living Family	$4820	$3514
🏠 One person rent	$1219	$789
🏘️ Family rent	$2088	$1379
🍽️ Food expenses	$518	$489
🚐 Transport expenses	$197	$67.3
💳 Monthly salary after tax	$2681	$1785
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	13 km
🎓 Higher education	98	72
😀 Quality of life	90	83
🏙️ Population	3.51M	56.8K

The cost of living in Madrid is 41% more expensive than in Nicosia. Cities ranked 1805th and 4107th ($2089 vs $1485) 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 2nd in Cyprus, while ranked 190th and 563rd among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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	$16.8	$15.5
🥂 Dinner in a Restaurant, for 2	$64.4	$63.3
🥪 Fast food meal, equiv. McDonald's	$12.2	$9.15
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.79	$4.68
☕ Cappuccino	$3.61	$3.86
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.17	$1.73
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1380	$705
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1000	$582
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2540	$1295
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1720	$1073
🔌 Utility Bill one person, electricity, heating, water, etc.	$111	$148
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$171	$228
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.8	$33.7
🏦 Mortgage Interest Rate for 20 Years	3.15%	4.57%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8795	$3205
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4558	$2358
Transportation
🚌 Local transport ticket	$1.77	$2.83
🎟️ Monthly ticket local transport	$43.6	$58.1
🚕 Taxi Ride, 8 km or 5 mi	$18.7	$21.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.85	$1.68
Groceries
🥛 Milk, 1 L or 1 qt	$1.28	$2.02
🍞 Bread, 0.5 kg or 1.1 lb	$1.41	$1.96
🍚 Rice, 1 kg or 2.2 lb	$1.64	$2.55
🥚 Eggs, x12	$4.14	$4.91
🧀 Cheese, 1 kg or 2.2 lb	$18.4	$14.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$9.28	$10.3
🥩 Round Steak, 1 kg or 2.2 lb	$19.2	$14.1
🍏 Apples, 1 kg or 2.2 lb	$2.98	$3.2
🍌 Banana, 1 kg or 2.2 lb	$2.39	$2.15
🍊 Oranges, 1 kg or 2.2 lb	$2.69	$2.37
🍅 Tomato, 1 kg or 2.2 lb	$2.9	$3.59
🥔 Potato, 1 kg or 2.2 lb	$2.3	$1.66
🧅 Onion, 1 kg or 2.2 lb	$2.24	$1.62
🌊 Water, 1 L or 1 qt	$0.6	$0.74
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.67	$2.81
🍾 Wine (mid-priced), 750 mL bottle	$10.2	$8.75
🍺 Beer, 0.5 L or 16 fl oz	$1.4	$1.93
🚬 Cigarette pack	$7.09	$6
💊 Cold medicince, 1 week	$11.5	$6.93
🧴 Hair Shampoo	$4.06	$4.1
🧻 Toilet paper, 4 rolls	$2.63	$2.17
👄 Toothpaste, 1 tube	$2.83	$3.04
Other
🏋️ Gym Membership, 1 month	$52.8	$69.1
🎫 Cinema Ticket, 1 person	$12.3	$11.6
👩‍⚕️ Doctor's visit	$71	$53.7
💇 Haircut, simple	$20.2	$12.8
👖 Brand Jeans	$103	$106
👟 Brand Sneakers	$108	$103
👶 Daycare or Preschool, 1 month	$702	$529
🏫 International Primary School, 1 year	$14237	$9656

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	$1936
11 km or 6.7 mi	Coslada	$1751
14 km or 8.5 mi	Alcobendas	$1731
18 km or 11 mi	Mostoles	$1747
18 km or 11 mi	Fuenlabrada	$1648
18 km or 11 mi	Torrejon de Ardoz	$1671
21 km or 13 mi	Tres Cantos	$1688
29 km or 18 mi	Alcala de Henares	$1697
50 km or 31 mi	Guadalajara	$1226
68 km or 42 mi	Toledo	$1350
69 km or 43 mi	Segovia	$1366
138 km or 86 mi	Cuenca	$1251
155 km or 97 mi	Laguna de Duero	$1384
158 km or 98 mi	Villarrobledo	$1433
162 km or 101 mi	Valladolid	$1408
177 km or 110 mi	Salamanca	$1215
196 km or 122 mi	Puertollano	$918
208 km or 129 mi	Plasencia	$1260
211 km or 131 mi	Zamora	$1387
215 km or 133 mi	Burgos	$1343
223 km or 139 mi	Albacete	$1451
242 km or 150 mi	Villanueva de la Serena	$1349
244 km or 151 mi	Requena	$1461
250 km or 156 mi	Logrono	$1146
251 km or 156 mi	Caceres	$1253
253 km or 157 mi	Tudela	$1462
258 km or 160 mi	Linares	$1356
269 km or 167 mi	Ubeda	$1435
272 km or 169 mi	Zaragoza	$1471
281 km or 175 mi	Merida	$1300
283 km or 176 mi	Vitoria-Gasteiz	$1734
288 km or 179 mi	Leon	$1365
295 km or 183 mi	Jaen	$1123
296 km or 184 mi	Jumilla	$1388
297 km or 184 mi	Cordoba	$1331
298 km or 185 mi	Yecla	$1299
299 km or 186 mi	Braganca	$957
301 km or 187 mi	Martos	$1385
302 km or 187 mi	Caravaca de la Cruz	$1366
302 km or 188 mi	Valencia	$1797

Cities near Nicosia

Distance	City	Cost of living
17 km or 11 mi	Dali	$1431
19 km or 12 mi	Kyrenia	$1332
32 km or 20 mi	Aradippou	$1296
37 km or 23 mi	Larnaca	$1553
54 km or 33 mi	Famagusta	$1380
58 km or 36 mi	Paralimni	$1416
63 km or 39 mi	Limassol	$2265
65 km or 41 mi	Ypsonas	$2042
96 km or 60 mi	Paphos	$1831
164 km or 102 mi	Mut	$636
196 km or 122 mi	Alanya	$702
213 km or 132 mi	Mersin	$830
224 km or 139 mi	Latakia	$449
224 km or 139 mi	Karaman	$420
238 km or 148 mi	Tarsus	$721
240 km or 149 mi	Tripoli	$842
243 km or 151 mi	Beirut	$1353
246 km or 153 mi	Jounieh	$1106
257 km or 160 mi	Samandag	$618
259 km or 161 mi	Sidon	$865
267 km or 166 mi	Eregli	$684
269 km or 167 mi	Adana	$761
271 km or 168 mi	Tyre	$676
276 km or 171 mi	Zahle	$1005
276 km or 172 mi	Antakya	$622
286 km or 178 mi	Iskenderun	$569
289 km or 180 mi	Nahariya	$1894
296 km or 184 mi	Acre	$1766
297 km or 185 mi	Ma'alot-Tarshiha	$1929
298 km or 185 mi	Kiryat Shmona	$1925
302 km or 187 mi	Ceyhan	$600
303 km or 188 mi	Haifa	$1930
304 km or 189 mi	Kiryat Yam	$1949
304 km or 189 mi	Kiryat Bialik	$1940
304 km or 189 mi	Kiryat Motzkin	$1936
308 km or 191 mi	Idlib	$552
308 km or 191 mi	Hama	$446
308 km or 191 mi	Antalya	$966
308 km or 192 mi	Karmiel	$1770
309 km or 192 mi	Kiryat Ata	$1911