Madrid vs Port of Spain - Cost of Living Comparison

Updated: March 01, 2024

	Madrid	Port of Spain
🚶 Cost of living one person	$1726	$1218
👨‍👩‍👧‍👦 Cost of living Family	$3985	$3094
🏠 One person rent	$986	$511
🏘️ Family rent	$1693	$1104
🍽️ Food expenses	$440	$494
🚐 Transport expenses	$168	$105
💳 Monthly salary after tax	$2362	$850
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	21 km
🎓 Higher education	98	27
😀 Quality of life	90	54
🏙️ Population	3.28M	545K

The cost of living in Madrid is 42% more expensive than in Port of Spain. Cities ranked 2577th and 4384th ($1726 vs $1218) in the list of the most expensive cities in the world and ranked 7th and 1st in Spain and Trinidad and Tobago, respectively. Check Spain vs Trinidad and Tobago comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 0.7 months in Port of Spain. Madrid ranked 1st best city to live in Spain vs Port of Spain ranked 1st in Trinidad and Tobago, while ranked 121st and 6039th among best cities to live in the world.

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Cost of living in Madrid vs Port of Spain infographic

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<img src="https://livingcost.org/assets/photo/cost/madrid/port-of-spain.jpg" alt="Cost of living in Madrid vs Port of Spain infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/madrid/port-of-spain" target="_blank">Madrid vs Port of Spain - Cost of Living Comparison</a></p>

Prices in Madrid vs Port of Spain

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

	Madrid	Port of Spain
Eating Out
🍱 Lunch Menu	$14.1	$10.2
🥂 Dinner in a Restaurant, for 2	$58.9	$86.8
🥪 Fast food meal, equiv. McDonald's	$10	$7.83
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.01	$1.78
☕ Cappuccino	$2.55	$3.53
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.69	$0.97
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1118	$519
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$805	$363
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2068	$1173
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1386	$901
🔌 Utility Bill one person, electricity, heating, water, etc.	$85.8	$60.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$138	$92.1
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.9	$56.5
🏦 Mortgage Interest Rate for 20 Years	2.58%	4.99%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4611	$4188
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2665	$1360
Transportation
🚌 Local transport ticket	$1.64	$0.89
🎟️ Monthly ticket local transport	$43.5	$95.6
🚕 Taxi Ride, 8 km or 5 mi	$14	$8.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.81	$1.09
Groceries
🥛 Milk, 1 L or 1 qt	$1.15	$2.35
🍞 Bread, 0.5 kg or 1.1 lb	$1.5	$2.44
🍚 Rice, 1 kg or 2.2 lb	$1.44	$2.51
🥚 Eggs, x12	$3.16	$3.96
🧀 Cheese, 1 kg or 2.2 lb	$14.8	$8.18
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.08	$10.3
🥩 Round Steak, 1 kg or 2.2 lb	$14.9	$10.2
🍏 Apples, 1 kg or 2.2 lb	$2.39	$4.55
🍌 Banana, 1 kg or 2.2 lb	$1.93	$2.22
🍊 Oranges, 1 kg or 2.2 lb	$1.79	$3.98
🍅 Tomato, 1 kg or 2.2 lb	$2.45	$5.24
🥔 Potato, 1 kg or 2.2 lb	$1.48	$1.13
🧅 Onion, 1 kg or 2.2 lb	$1.58	$1.47
🌊 Water, 1 L or 1 qt	$0.64	$0.77
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.24	$2.19
🍾 Wine (mid-priced), 750 mL bottle	$6.7	$17.6
🍺 Beer, 0.5 L or 16 fl oz	$1.33	$2.1
🚬 Cigarette pack	$5.86	$5.88
💊 Cold medicince, 1 week	$11.5	$6.99
🧴 Hair Shampoo	$3.45	$5.85
🧻 Toilet paper, 4 rolls	$2.12	$2.14
👄 Toothpaste, 1 tube	$2.44	$2.84
Other
🏋️ Gym Membership, 1 month	$45.2	$50.3
🎫 Cinema Ticket, 1 person	$10.5	$7.99
👩‍⚕️ Doctor's visit	$72.3	$45.1
💇 Haircut, simple	$19.1	$9.62
👖 Brand Jeans	$73.2	$60.2
👟 Brand Sneakers	$84.6	$104
👶 Daycare or Preschool, 1 month	$529	$207
🏫 International Primary School, 1 year	$9474	$2991

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	$1721
11 km or 6.7 mi	Coslada	$1368
14 km or 8.5 mi	Alcobendas	$1377
18 km or 11 mi	Mostoles	$1572
18 km or 11 mi	Fuenlabrada	$1492
18 km or 11 mi	Torrejon de Ardoz	$1219
21 km or 13 mi	Tres Cantos	$1298
29 km or 18 mi	Alcala de Henares	$1156
50 km or 31 mi	Guadalajara	$1138
68 km or 42 mi	Toledo	$1282
69 km or 43 mi	Segovia	$1303
138 km or 86 mi	Cuenca	$1139
155 km or 97 mi	Laguna de Duero	$1187
158 km or 98 mi	Villarrobledo	$1203
162 km or 101 mi	Valladolid	$1207
177 km or 110 mi	Salamanca	$973
196 km or 122 mi	Puertollano	$932
208 km or 129 mi	Plasencia	$1127
211 km or 131 mi	Zamora	$1140
215 km or 133 mi	Burgos	$1109
223 km or 139 mi	Albacete	$983
242 km or 150 mi	Villanueva de la Serena	$1137
244 km or 151 mi	Requena	$1241
250 km or 156 mi	Logrono	$1142
251 km or 156 mi	Caceres	$902
253 km or 157 mi	Tudela	$1260
258 km or 160 mi	Linares	$1206
269 km or 167 mi	Ubeda	$1283
272 km or 169 mi	Zaragoza	$1327
281 km or 175 mi	Merida	$1096
283 km or 176 mi	Vitoria-Gasteiz	$1382
288 km or 179 mi	Leon	$987
295 km or 183 mi	Jaen	$963
296 km or 184 mi	Jumilla	$1191
297 km or 184 mi	Cordoba	$1056
298 km or 185 mi	Yecla	$1210
299 km or 186 mi	Braganca	$807
301 km or 187 mi	Martos	$1214
302 km or 187 mi	Caravaca de la Cruz	$1176
302 km or 188 mi	Valencia	$1437

Cities near Port of Spain

Distance	City	Cost of living
7.5 km or 4.7 mi	San Juan	$1217
21 km or 13 mi	Chaguanas	$1053
43 km or 27 mi	San Fernando	$898
103 km or 64 mi	Scarborough	$1099
155 km or 96 mi	St. George's	$1069
162 km or 101 mi	Grenville	$1069
188 km or 117 mi	Tucupita	$748
188 km or 117 mi	Carupano	$710
209 km or 130 mi	Maturin	$838
257 km or 159 mi	Porlamar	$654
259 km or 161 mi	La Asuncion	$666
280 km or 174 mi	Kingstown	$1008
285 km or 177 mi	Ciudad Guayana	$868
291 km or 181 mi	Cumana	$686
294 km or 183 mi	Georgetown	$993
310 km or 193 mi	Upata	$760
340 km or 211 mi	Bridgetown	$1353
343 km or 213 mi	Puerto la Cruz	$732
346 km or 215 mi	Vieux Fort	$1191
346 km or 215 mi	Cantaura	$637
347 km or 216 mi	Holetown	$1294
351 km or 218 mi	Anaco	$608
351 km or 218 mi	Barcelona	$719
352 km or 218 mi	Lecheria	$769
360 km or 224 mi	El Tigre	$700
361 km or 224 mi	Ciudad Bolivar	$824
377 km or 234 mi	Castries	$1108
440 km or 273 mi	Fort-de-France	$1571
442 km or 274 mi	Zaraza	$707
515 km or 320 mi	Roseau	$834
518 km or 322 mi	Valle de la Pascua	$753
540 km or 335 mi	Altagracia de Orituco	$763
546 km or 339 mi	Portsmouth	$1168
549 km or 341 mi	Guarenas	$823
550 km or 341 mi	Guatire	$823
563 km or 350 mi	Santa Teresa del Tuy	$844
565 km or 351 mi	Santa Lucia	$805
567 km or 353 mi	Georgetown	$928
579 km or 360 mi	Ocumare del Tuy	$804
586 km or 364 mi	Charallave	$812