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Cost of living
in Madrid.

Living in Madrid, Spain costs about $2,100/month all-in for one person, and roughly $4,830/month for a family of four. That is cheaper than 38% of the 310 cities we track, and about 46% below New York.

Last updated August 2026 · How we calculate this

Single person, all-in $2,100/mo
Rent (studio)$945
Food & groceries$462
Utilities & internet$210
Transport$168
Fun & everything else$315
Family of four$4,830/mo
How it ranks

Cheaper than 38% of the 310 cities we track.

About 46% cheaper than New York.

Population 3.3M
Moving to Spain? Full guide → Your take-home pay here → Salary you'd need here → Can I afford it? → What the move itself costs →

Figures are average all-in monthly costs for one person, in USD — estimates for guidance, not a personal budget. The breakdown is a typical split of the total. Convert to your currency →

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Living in Madrid — FAQ

How much does it cost to live in Madrid?

A single person needs roughly $2,100/month all-in in Madrid, Spain — rent, food, transport and utilities. A family of four runs closer to $4,830/month.

Is Madrid expensive?

Madrid is cheaper than 38% of the 310 cities we track, and about 46% cheaper than New York.

Similar cost of living

See the whole world by cost →

🇫🇷 Marseille $2,100🇫🇷 Toulouse $2,100🇦🇹 Graz $2,100🇮🇹 Florence $2,100🇮🇹 Bologna $2,100🇨🇾 Limassol $2,100🇺🇸 San Antonio $2,100🇺🇸 Pittsburgh $2,100

More cities in this country

🇪🇸 Granada $1,600🇪🇸 Zaragoza $1,600🇪🇸 Seville $1,650🇪🇸 Alicante $1,650🇪🇸 Valencia $1,800🇪🇸 Malaga $1,800🇪🇸 Bilbao $1,800🇪🇸 Palma $1,900🇪🇸 Barcelona $2,200