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Cost of Living in Madrid | Spain

Cost of livingOne personFamily of 4
💰 Total with rent
$1582
$3614
🛋️ Without rent
$709
$2189
🏨 Rent & Utilities
$873
$1425
🍽️ Food
$384
$1019
🚐 Transport
$193
$516
💳 Monthly salary after tax
$1850
🏙️ Population
3.27M

The average cost of living in Madrid is $1582, which is in the top 23% of the most expensive cities in the world, ranked 2108th out of 9294 in our global list and 3rd out of 153 in Spain.

The median after-tax salary is $1850, which is enough to cover living expenses for 1.2 months. Ranked 181st (TOP 2%) in the list of best places to live in the world and 2nd best city to live in Spain. With an estimated population of 3.27M, Madrid is the 1st largest city in Spain.

✈️ Closest airport10 kmCuatro Vientos Airport
😷 Air qualityExcellent9.2 µg/m³
🎓 Best university rank120Complutense University of Madrid
Cost of living in Madrid infographic

Prices in Madrid

Eating Out

🍱 Lunch Menu
$12.5
🥂 Dinner in a Restaurant, for 2
$45.8
🥪 Fast food meal, equiv. McDonald's
$9.05
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.08
☕ Cappuccino
$2.55
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.18

Groceries

🥛 Milk, 1 L or 1 qt
$0.94
🍞 Bread, 0.5 kg or 1.1 lb
$0.99
🍚 Rice, 1 kg or 2.2 lb
$1.07
🥚 Eggs, x12
$2.41
🧀 Cheese, 1 kg or 2.2 lb
$13.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.46
🥩 Round Steak, 1 kg or 2.2 lb
$12.6
🍏 Apples, 1 kg or 2.2 lb
$1.98
🍌 Banana, 1 kg or 2.2 lb
$2.07
🍊 Oranges, 1 kg or 2.2 lb
$1.81
🍅 Tomato, 1 kg or 2.2 lb
$2.07
🥔 Potato, 1 kg or 2.2 lb
$1.35
🧅 Onion, 1 kg or 2.2 lb
$1.53
🌊 Water, 1 L or 1 qt
$0.59
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.85
🍾 Wine (mid-priced), 750 mL bottle
$6.82
🍺 Beer, 0.5 L or 16 fl oz
$1.07
🚬 Cigarette pack
$5.73
💊 Cold medicince, 1 week
$9.29
🧴 Hair Shampoo
$3.05
🧻 Toilet paper, 4 rolls
$1.95
👄 Toothpaste, 1 tube
$1.88

Transportation

🚌 Local transport ticket
$1.7
🎟️ Monthly ticket local transport
$61.6
🚕 Taxi Ride, 8 km or 5 mi
$15.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.52

Rent & Utilities

🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2
$963
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$685
🏙️ 3 bedroom apartment in city Center, 80 m2 or 860 ft2
$1630
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1146
🔌 Utility Bill one person, electricity, heating, water, etc.
$93.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$143
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$38.9
🏦 Mortgage Interest Rate for 20 Years
2.23%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5933
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3729

Other

🏋️ Gym Membership, 1 month
$42.9
🎫 Cinema Ticket, 1 person
$10.2
👩‍⚕️ Doctor's visit
$76.8
💇 Haircut, simple
$12.9
👖 Brand Jeans
$88
👟 Brand Sneakers
$85.3
👶 Daycare or Preschool, 1 month
$516
🏫 International Primary School, 1 year
$9125

Madrid Cost of Living comparison