Madrid vs Tenerife - Cost of Living Comparison

Updated: June 21, 2026

	Madrid	Tenerife
🚶 Cost of living one person	$2109	$1739
👨‍👩‍👧‍👦 Cost of living Family	$4833	$3931
🏠 One person rent	$1251	$1005
🏘️ Family rent	$2104	$1684
🍽️ Food expenses	$517	$456
🚐 Transport expenses	$191	$137
💳 Monthly salary after tax	$2569	$1591
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	25 km
🎓 Higher education	98	19
😀 Quality of life	91	68
🏙️ Population	3.51M	955K

The cost of living in Madrid is 21% more expensive than in Tenerife. Cities ranked 1723rd and 3058th ($2109 vs $1739) in the list of the most expensive cities in the world and ranked 4th and 14th in Spain.

The average after-tax salary is enough to cover living expenses for 1.2 months in Madrid compared to 0.9 months in Tenerife. Ranked 1st vs 75th best cities to live in Spain, and 160th vs 4533rd among the best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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<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	$17.6	$14.6
🥂 Dinner in a Restaurant, for 2	$60.1	$60.8
🥪 Fast food meal, equiv. McDonald's	$13.1	$10.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.64	$3.08
☕ Cappuccino	$3.76	$2.54
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.27	$2.01
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1411	$1005
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1035	$873
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2589	$1809
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1735	$1472
🔌 Utility Bill one person, electricity, heating, water, etc.	$108	$74.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$165	$114
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$33.4	$30.6
🏦 Mortgage Interest Rate for 20 Years	3.1%	3.16%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$9054	$3998
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4487	$3282
Transportation
🚌 Local transport ticket	$1.75	$1.62
🎟️ Monthly ticket local transport	$42.5	$41
🚕 Taxi Ride, 8 km or 5 mi	$18.1	$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.8	$1.63
Groceries
🥛 Milk, 1 L or 1 qt	$1.28	$1.21
🍞 Bread, 0.5 kg or 1.1 lb	$1.34	$1.72
🍚 Rice, 1 kg or 2.2 lb	$1.51	$1.65
🥚 Eggs, x12	$3.97	$3.75
🧀 Cheese, 1 kg or 2.2 lb	$17.3	$14.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.98	$9.86
🥩 Round Steak, 1 kg or 2.2 lb	$17.7	$15
🍏 Apples, 1 kg or 2.2 lb	$3.06	$2.63
🍌 Banana, 1 kg or 2.2 lb	$2.39	$2.22
🍊 Oranges, 1 kg or 2.2 lb	$2.64	$1.77
🍅 Tomato, 1 kg or 2.2 lb	$2.88	$2.67
🥔 Potato, 1 kg or 2.2 lb	$2.22	$2.29
🧅 Onion, 1 kg or 2.2 lb	$2.27	$2.33
🌊 Water, 1 L or 1 qt	$0.67	$0.56
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.95	$2.35
🍾 Wine (mid-priced), 750 mL bottle	$8.81	$6.21
🍺 Beer, 0.5 L or 16 fl oz	$1.32	$1.45
🚬 Cigarette pack	$7.01	$4.79
💊 Cold medicince, 1 week	$11.7	$8.24
🧴 Hair Shampoo	$4.43	$3.11
🧻 Toilet paper, 4 rolls	$2.43	$2.19
👄 Toothpaste, 1 tube	$2.55	$2.45
Other
🏋️ Gym Membership, 1 month	$53.1	$49.7
🎫 Cinema Ticket, 1 person	$11.8	$9.38
👩‍⚕️ Doctor's visit	$68.9	$88.8
💇 Haircut, simple	$17.4	$13.2
👖 Brand Jeans	$99.3	$88.2
👟 Brand Sneakers	$114	$94.1
👶 Daycare or Preschool, 1 month	$729	$482
🏫 International Primary School, 1 year	$16324	$7249

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	$1899
11 km or 6.7 mi	Coslada	$1721
14 km or 8.5 mi	Alcobendas	$1708
18 km or 11 mi	Mostoles	$1716
18 km or 11 mi	Fuenlabrada	$1603
18 km or 11 mi	Torrejon de Ardoz	$1643
21 km or 13 mi	Tres Cantos	$1667
29 km or 18 mi	Alcala de Henares	$1678
50 km or 31 mi	Guadalajara	$1200
68 km or 42 mi	Toledo	$1320
69 km or 43 mi	Segovia	$1360
138 km or 86 mi	Cuenca	$1246
155 km or 97 mi	Laguna de Duero	$1396
158 km or 98 mi	Villarrobledo	$1397
162 km or 101 mi	Valladolid	$1415
177 km or 110 mi	Salamanca	$1191
196 km or 122 mi	Puertollano	$896
208 km or 129 mi	Plasencia	$1267
211 km or 131 mi	Zamora	$1373
215 km or 133 mi	Burgos	$1242
223 km or 139 mi	Albacete	$1303
242 km or 150 mi	Villanueva de la Serena	$1325
244 km or 151 mi	Requena	$1421
250 km or 156 mi	Logrono	$1115
251 km or 156 mi	Caceres	$1187
253 km or 157 mi	Tudela	$1424
258 km or 160 mi	Linares	$1395
269 km or 167 mi	Ubeda	$1499
272 km or 169 mi	Zaragoza	$1436
281 km or 175 mi	Merida	$1276
283 km or 176 mi	Vitoria-Gasteiz	$1697
288 km or 179 mi	Leon	$1265
295 km or 183 mi	Jaen	$1125
296 km or 184 mi	Jumilla	$1316
297 km or 184 mi	Cordoba	$1291
298 km or 185 mi	Yecla	$1203
299 km or 186 mi	Braganca	$935
301 km or 187 mi	Martos	$1390
302 km or 187 mi	Caravaca de la Cruz	$1351
302 km or 188 mi	Valencia	$1812

Cities near Tenerife

Distance	City	Cost of living
14 km or 8.7 mi	La Orotava	$1668
17 km or 11 mi	Puerto de la Cruz	$1727
37 km or 23 mi	San Cristobal de La Laguna	$1608
41 km or 26 mi	Santa Cruz de Tenerife	$1642
112 km or 69 mi	Santa Lucia de Tirajana	$1534
116 km or 72 mi	Las Palmas	$1508
269 km or 167 mi	Puerto del Rosario	$1332
272 km or 169 mi	Corralejo	$1653
308 km or 191 mi	Arrecife	$1354
358 km or 222 mi	Laayoune	$627
487 km or 302 mi	Canico	$1606
488 km or 303 mi	Funchal	$1662
488 km or 303 mi	Camara de Lobos	$1603
490 km or 305 mi	Santa Cruz	$1607
495 km or 307 mi	Machico	$1608
715 km or 444 mi	Taghazout	$619
721 km or 448 mi	Agadir	$648
726 km or 451 mi	Ait Melloul	$604
751 km or 467 mi	Essaouira	$649
837 km or 520 mi	Safi	$546
911 km or 566 mi	Marrakesh	$790
951 km or 591 mi	El Jadida	$555
1041 km or 647 mi	Casablanca	$953
1061 km or 659 mi	Khouribga	$526
1065 km or 662 mi	Mohammedia	$734
1082 km or 672 mi	Beni Mellal	$499
1116 km or 694 mi	Temara	$639
1128 km or 701 mi	Rabat	$797
1131 km or 703 mi	Sale	$579
1135 km or 705 mi	Nouakchott	$653
1161 km or 721 mi	Kenitra	$597
1223 km or 760 mi	Meknes	$586
1230 km or 764 mi	Lagos	$1752
1241 km or 771 mi	Portimao	$1388
1245 km or 774 mi	Lagoa	$1467
1251 km or 777 mi	Silves	$1492
1253 km or 779 mi	Albufeira	$1913
1266 km or 787 mi	Faro	$1455
1271 km or 790 mi	Loule	$1544
1272 km or 791 mi	Olhao	$1469