Cost of living in Madrid, Spain

Summary of cost of living in Madrid

  • Family of four estimated monthly costs: €3,314
  • Single person estimated monthly costs: €1,757
  • Madrid is the 2nd most expensive city in Spain (2 out of 9)
  • Cost of living in Madrid is cheaper than in 78% of cities in Western Europe (38 out of 49)
  • Cost of living in Madrid is cheaper than in 50% of cities in the World (104 out of 207)

List of prices in Madrid
Current as of May 2021.

Change the currency:
Food [Edit]
Basic lunchtime menu (including a drink) in the business district €14
Combo meal in fast food restaurant (big mac meal or similar) €8
500 gr (1 lb.) of boneless chicken breast €3.36
1 liter (1 qt.) of whole fat milk €0.77
12 eggs, large €2.27
1 kg (2 lb.) of tomatoes €1.49
500 gr (16 oz.) of local cheese €5.49
1 kg (2 lb.) of apples €1.66
1 kg (2 lb.) of potatoes €1.27
0.5 l (16 oz) domestic beer in the supermarket €0.87
1 bottle of red table wine, good quality €7
2 liters of coca-cola €1.57
Bread for 2 people for 1 day €0.74
Housing [Edit]
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area €1,429
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area €998
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat €126
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area €964
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area €686
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio €80
Internet 8 mbps (1 month) €30
40” flat screen tv €345
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) €95
Laundry detergent (3 l. ~ 100 oz.) €8
Hourly rate for cleaning help €10
Clothes [Edit]
1 pair of jeans (levis 501 or similar) €73
1 summer dress in a high street store (zara, h&m or similar retailers) €31
1 pair of sport shoes (nike, adidas, or equivalent brands) €75
1 pair of men’s leather business shoes €86
Transportation [Edit]
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new €24,649
1 liter (1/4 gallon) of gas €1.31
Monthly ticket public transport €56
Taxi trip on a business day, basic tariff, 8 km. (5 miles) €15
Personal Care [Edit]
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) €6
1 box of antibiotics (12 doses) €7
Short visit to private doctor (15 minutes) €53
1 box of 32 tampons (tampax, ob, ...) €4.00
Deodorant, roll-on (50ml ~ 1.5 oz.) €2.43
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) €3.27
4 rolls of toilet paper €1.29
Tube of toothpaste €1.75
Standard men's haircut in expat area of the city €16
Entertainment [Edit]
Basic dinner out for two in neighborhood pub €29
2 tickets to the movies €17
2 tickets to the theater (best available seats) €40
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert €45
1 cocktail drink in downtown club €11
Cappuccino in expat area of the city €3.24
1 beer in neighbourhood pub (500ml or 1pt.) €4.18
Ipad wi-fi 128gb €529
1 min. of prepaid mobile tariff (no discounts or plans) €0.20
1 month of gym membership in business district €51
1 package of marlboro cigarettes €5.03
These prices are based on abundant and consistent data. They are very reliable. They are based on 2,077 prices entered by 355 different people.
Latest price update: May 09, 2021

Moving to Madrid with your children?

International Schools in Madrid

Madrid position in our World Ranking

the world
104th
out of 207
western europe
38th
out of 49
spain
2nd
out of 9

Cheapest and most expensive products in Madrid compared to other cities:

western europe
1st
western europe
2nd
western europe
4th
western europe
4th

Do you live in Madrid? We need your help!

What is the price of

Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new

in Madrid?

International Cost of Living Index

loading...

Prices recently added

  • 500 g of boneless chicken breast in Santiago costs CH$1,900 (23 minutes ago)
  • 12 doses box of antibiotics in Hamburg costs €8 (about 1 hour ago)
  • 1 pack of marlboro cigarettes in Algiers costs 122 Dinar (about 2 hours ago)
  • Hourly rate for domestic cleaning help in Stockholm costs 350 kr (about 2 hours ago)
  • Monthly rent - 85 m2 furnished accommodation in expensive area in Madrid costs €2,000 (about 2 hours ago)
  • Monthly rent - 45 m2 furnished studio in expensive area in Dehra Dun costs ₨15,000 (about 3 hours ago)

Make a different comparison:

Compare cost of living between cities:
vs