Madrid vs Port of Spain - Cost of Living Comparison

Updated: March 11, 2026

	Madrid	Port of Spain
🚶 Cost of living one person	$2089	$1284
👨‍👩‍👧‍👦 Cost of living Family	$4820	$3064
🏠 One person rent	$1219	$621
🏘️ Family rent	$2088	$1077
🍽️ Food expenses	$518	$496
🚐 Transport expenses	$197	$51.7
💳 Monthly salary after tax	$2681	$779
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	21 km
🎓 Higher education	98	27
😀 Quality of life	90	57
🏙️ Population	3.51M	49K

The cost of living in Madrid is 63% more expensive than in Port of Spain. Cities ranked 1805th and 4601st ($2089 vs $1284) in the list of the most expensive cities in the world and ranked 5th 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 1.3 months in Madrid compared to 0.6 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 190th and 6239th among best cities to live in the world.

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the estimated difference in money purchasing power

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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	$16.8	$9.07
🥂 Dinner in a Restaurant, for 2	$64.4	$78.5
🥪 Fast food meal, equiv. McDonald's	$12.2	$8.49
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.79	$2.39
☕ Cappuccino	$3.61	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.17	$1.07
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1380	$842
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1000	$442
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2540	$1522
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1720	$807
🔌 Utility Bill one person, electricity, heating, water, etc.	$111	$49.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$171	$76.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.8	$50.3
🏦 Mortgage Interest Rate for 20 Years	3.15%	5.2%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8795	$4336
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4558	$1728
Transportation
🚌 Local transport ticket	$1.77	$1.02
🎟️ Monthly ticket local transport	$43.6	$86.9
🚕 Taxi Ride, 8 km or 5 mi	$18.7	$9.39
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.85	$1.04
Groceries
🥛 Milk, 1 L or 1 qt	$1.28	$2.54
🍞 Bread, 0.5 kg or 1.1 lb	$1.41	$2.41
🍚 Rice, 1 kg or 2.2 lb	$1.64	$2.39
🥚 Eggs, x12	$4.14	$4.82
🧀 Cheese, 1 kg or 2.2 lb	$18.4	$9.41
🐔 Chicken Breast, 1 kg or 2.2 lb	$9.28	$9.58
🥩 Round Steak, 1 kg or 2.2 lb	$19.2	$13
🍏 Apples, 1 kg or 2.2 lb	$2.98	$4.94
🍌 Banana, 1 kg or 2.2 lb	$2.39	$2.67
🍊 Oranges, 1 kg or 2.2 lb	$2.69	$3.71
🍅 Tomato, 1 kg or 2.2 lb	$2.9	$4.3
🥔 Potato, 1 kg or 2.2 lb	$2.3	$1.66
🧅 Onion, 1 kg or 2.2 lb	$2.24	$1.58
🌊 Water, 1 L or 1 qt	$0.6	$0.99
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.67	$1.93
🍾 Wine (mid-priced), 750 mL bottle	$10.2	$21.3
🍺 Beer, 0.5 L or 16 fl oz	$1.4	$2.17
🚬 Cigarette pack	$7.09	$5.57
💊 Cold medicince, 1 week	$11.5	$7
🧴 Hair Shampoo	$4.06	$5.87
🧻 Toilet paper, 4 rolls	$2.63	$2.15
👄 Toothpaste, 1 tube	$2.83	$2.87
Other
🏋️ Gym Membership, 1 month	$52.8	$52.1
🎫 Cinema Ticket, 1 person	$12.3	$9.21
👩‍⚕️ Doctor's visit	$71	$45.8
💇 Haircut, simple	$20.2	$9.57
👖 Brand Jeans	$103	$53.5
👟 Brand Sneakers	$108	$124
👶 Daycare or Preschool, 1 month	$702	$388
🏫 International Primary School, 1 year	$14237	$9211

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 Port of Spain

Distance	City	Cost of living
7.5 km or 4.7 mi	San Juan	$1232
21 km or 13 mi	Chaguanas	$1097
43 km or 27 mi	San Fernando	$1010
103 km or 64 mi	Scarborough	$1136
155 km or 96 mi	St. George's	$1078
162 km or 101 mi	Grenville	$1079
188 km or 117 mi	Tucupita	$767
188 km or 117 mi	Carupano	$699
209 km or 130 mi	Maturin	$844
257 km or 159 mi	Porlamar	$610
259 km or 161 mi	La Asuncion	$641
280 km or 174 mi	Kingstown	$995
285 km or 177 mi	Ciudad Guayana	$892
291 km or 181 mi	Cumana	$679
294 km or 183 mi	Georgetown	$989
310 km or 193 mi	Upata	$788
340 km or 211 mi	Bridgetown	$1336
343 km or 213 mi	Puerto la Cruz	$703
346 km or 215 mi	Vieux Fort	$1197
346 km or 215 mi	Cantaura	$675
347 km or 216 mi	Holetown	$1454
351 km or 218 mi	Anaco	$642
351 km or 218 mi	Barcelona	$888
352 km or 218 mi	Lecheria	$771
360 km or 224 mi	El Tigre	$741
361 km or 224 mi	Ciudad Bolivar	$848
377 km or 234 mi	Castries	$1170
440 km or 273 mi	Fort-de-France	$1812
442 km or 274 mi	Zaraza	$827
515 km or 320 mi	Roseau	$1012
518 km or 322 mi	Valle de la Pascua	$811
540 km or 335 mi	Altagracia de Orituco	$840
546 km or 339 mi	Portsmouth	$1173
549 km or 341 mi	Guarenas	$923
550 km or 341 mi	Guatire	$918
563 km or 350 mi	Santa Teresa del Tuy	$805
565 km or 351 mi	Santa Lucia	$780
567 km or 353 mi	Georgetown	$1181
579 km or 360 mi	Ocumare del Tuy	$605
586 km or 364 mi	Charallave	$775