Madrid vs Tenerife - Cost of Living Comparison

Updated: March 01, 2024

	Madrid	Tenerife
🚶 Cost of living one person	$1726	$1659
👨‍👩‍👧‍👦 Cost of living Family	$3985	$3383
🏠 One person rent	$986	$1051
🏘️ Family rent	$1693	$1530
🍽️ Food expenses	$440	$369
🚐 Transport expenses	$168	$124
💳 Monthly salary after tax	$2362	$1379
😷 Air quality	Excellent	Good
✈️ Airport proximity	10 km	25 km
🎓 Higher education	98	18
😀 Quality of life	90	62
🏙️ Population	3.28M	932K

The cost of living in Madrid is 4% more expensive than in Tenerife. Cities ranked 2577th and 2824th ($1726 vs $1659) in the list of the most expensive cities in the world and ranked 7th and 10th in Spain.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 0.8 months in Tenerife. Ranked 1st vs 74th best cities to live in Spain, and 121st vs 5100th among the best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Madrid vs Tenerife infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

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

Prices in Madrid vs Tenerife

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

	Madrid	Tenerife
Eating Out
🍱 Lunch Menu	$14.1	$10.7
🥂 Dinner in a Restaurant, for 2	$58.9	$46.4
🥪 Fast food meal, equiv. McDonald's	$10	$8.75
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.01	$2.79
☕ Cappuccino	$2.55	$1.7
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.69	$1.6
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1118	$1057
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$805	$913
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2068	$1541
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1386	$1345
🔌 Utility Bill one person, electricity, heating, water, etc.	$85.8	$69.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$138	$106
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.9	$39.9
🏦 Mortgage Interest Rate for 20 Years	2.58%	3.48%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4611	$2349
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2665	$2016
Transportation
🚌 Local transport ticket	$1.64	$1.54
🎟️ Monthly ticket local transport	$43.5	$38.7
🚕 Taxi Ride, 8 km or 5 mi	$14	$18.1
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.81	$1.56
Groceries
🥛 Milk, 1 L or 1 qt	$1.15	$1.26
🍞 Bread, 0.5 kg or 1.1 lb	$1.5	$1.4
🍚 Rice, 1 kg or 2.2 lb	$1.44	$1.49
🥚 Eggs, x12	$3.16	$2.95
🧀 Cheese, 1 kg or 2.2 lb	$14.8	$15.6
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.08	$7.38
🥩 Round Steak, 1 kg or 2.2 lb	$14.9	$12.5
🍏 Apples, 1 kg or 2.2 lb	$2.39	$1.92
🍌 Banana, 1 kg or 2.2 lb	$1.93	$1.99
🍊 Oranges, 1 kg or 2.2 lb	$1.79	$1.51
🍅 Tomato, 1 kg or 2.2 lb	$2.45	$2.38
🥔 Potato, 1 kg or 2.2 lb	$1.48	$1.32
🧅 Onion, 1 kg or 2.2 lb	$1.58	$1.66
🌊 Water, 1 L or 1 qt	$0.64	$0.46
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.24	$2.02
🍾 Wine (mid-priced), 750 mL bottle	$6.7	$4.41
🍺 Beer, 0.5 L or 16 fl oz	$1.33	$1.22
🚬 Cigarette pack	$5.86	$4.46
💊 Cold medicince, 1 week	$11.5	$8.96
🧴 Hair Shampoo	$3.45	$2.72
🧻 Toilet paper, 4 rolls	$2.12	$1.74
👄 Toothpaste, 1 tube	$2.44	$1.79
Other
🏋️ Gym Membership, 1 month	$45.2	$42.7
🎫 Cinema Ticket, 1 person	$10.5	$6.47
👩‍⚕️ Doctor's visit	$72.3	$70
💇 Haircut, simple	$19.1	$11.5
👖 Brand Jeans	$73.2	$74.1
👟 Brand Sneakers	$84.6	$83.1
👶 Daycare or Preschool, 1 month	$529	$327
🏫 International Primary School, 1 year	$9474	$6126

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 Tenerife

Distance	City	Cost of living
14 km or 8.7 mi	La Orotava	$1624
17 km or 11 mi	Puerto de la Cruz	$1759
37 km or 23 mi	San Cristobal de La Laguna	$1214
41 km or 26 mi	Santa Cruz de Tenerife	$1206
112 km or 69 mi	Santa Lucia de Tirajana	$1175
116 km or 72 mi	Las Palmas	$1191
269 km or 167 mi	Puerto del Rosario	$1423
272 km or 169 mi	Corralejo	$1499
308 km or 191 mi	Arrecife	$1327
358 km or 222 mi	Laayoune	$536
487 km or 302 mi	Canico	$1044
488 km or 303 mi	Funchal	$1009
488 km or 303 mi	Camara de Lobos	$1047
490 km or 305 mi	Santa Cruz	$1048
495 km or 307 mi	Machico	$1046
715 km or 444 mi	Taghazout	$516
721 km or 448 mi	Agadir	$533
726 km or 451 mi	Ait Melloul	$508
751 km or 467 mi	Essaouira	$625
837 km or 520 mi	Safi	$470
911 km or 566 mi	Marrakesh	$609
951 km or 591 mi	El Jadida	$503
1041 km or 647 mi	Casablanca	$826
1061 km or 659 mi	Khouribga	$437
1065 km or 662 mi	Mohammedia	$627
1082 km or 672 mi	Beni Mellal	$445
1116 km or 694 mi	Temara	$574
1128 km or 701 mi	Rabat	$717
1131 km or 703 mi	Sale	$533
1135 km or 705 mi	Nouakchott	$618
1161 km or 721 mi	Kenitra	$520
1223 km or 760 mi	Meknes	$424
1230 km or 764 mi	Lagos	$1416
1241 km or 771 mi	Portimao	$1251
1245 km or 774 mi	Lagoa	$1332
1251 km or 777 mi	Silves	$1392
1253 km or 779 mi	Albufeira	$2218
1266 km or 787 mi	Faro	$1318
1271 km or 790 mi	Loule	$1494
1272 km or 791 mi	Olhao	$1328