Madrid is of one the popular city in spain, the city is also known for its culture, traditions and job opportunities that welcomes expats & for jobs and students for higher education. However average Cost of living in Madrid for family is $2660, for students is $960 and for a single person (bachelor) is $960.
As per the data from our users on costoffliving website caculator, rental expenses for family of 3 members and couple is $2100 monthly and for international students is $960 and for one person is $500. Cost of living in Madrid greatly dependent on where you live, an average rent for a flat/house in normal area $1300 per month.
| Madrid monthly living cost calculator | Cost |
| Average monthly cost: | $1300 |
| For a singple person: | $960 |
| For a international student: | $960 |
| For a couple: | $2100 |
| For a family of 3: | $2660 |
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Living Cost in Madrid, spain
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Accomodation Cost |
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Rent for House / Apartment
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$1700 | $1100 | $750 |
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AirBnB (1 day)
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$18 | $13 | $8 |
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Studio Apartment
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$1200 | $900 | $750 |
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Co-working Space
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$500 | $400 | $250 |
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PG
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$700 | $600 | $500 |
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Utility Bills Expenses |
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Internet
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$40 | ||
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DTH
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$10 | ||
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Electricity
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$20 | ||
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Water
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$20 | ||
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Landline
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$20 | ||
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Gas
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$20 | ||
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Mobile
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$10 | ||
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Cost for Food |
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Coffee
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$6 | $4 | $2 |
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Pizza
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$6 | $5 | $3 |
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KFC
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$5 | $5 | $5 |
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McDonalds
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$5 | $5 | $5 |
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Sandwich
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$5 | $3 | $2 |
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Burger
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$5 | $3 | $1 |
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Coke/Pepsi
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$2 | $1 | $1 |
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Meal
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$10 | $8 | $6 |
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Primary Food |
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Salad (1 lb)
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$2 | $1 | $1 |
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Bread (1 lb)
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$1 | $11 | $1 |
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Milk (1 gallon)
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$3 | $3 | $3 |
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Cheese (1 lb)
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$7 | $7 | $7 |
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Grocery Cost in Madrid |
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Chicken (1 lb)
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$4 | ||
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Meat (1 lb)
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$4 | ||
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Eggs (12)
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$2 | ||
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Fish (1 lb)
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$4 | ||
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Beef (1 lb)
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$7 | ||
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Tomato (1 lb)
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$1 | ||
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Potato (1 lb)
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$1 | ||
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Onion (1 lb)
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$1 | ||
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Lettuce (1 head)
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$1 | ||
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Fruits Expenses |
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Apple (1 lb)
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$11 | ||
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Orange (1 lb)
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$1 | ||
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Banana (1 lb)
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$1 | ||
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Grapes (1 lb)
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$1 | ||
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Kids School Expenses in Madrid |
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Day Care
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$500 | $400 | $250 |
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N to 1
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$500 | $400 | $300 |
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1 to 5
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$600 | $500 | $400 |
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6 to 10
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$700 | $600 | $400 |
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Transportation Cost in Madrid |
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Cab
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$90 | $80 | $80 |
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Train
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$40 | $40 | $0 |
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Bus
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$60 | $60 | $60 |
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Liquor Cost in Madrid |
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Wine
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$7 | ||
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Beer
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$2 | ||
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Whisky
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$5 | ||
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Rum
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$6 | ||
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Vodka
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$7 | ||
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Cigarettes (1 Pack)
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$1 | ||
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Cost Of Living for Student in Madrid |
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Rent
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$500 | $400 | $300 |
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Food
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$400 | $250 | $200 |
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Phone
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$20 | $20 | $20 |
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Internet
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$40 | $40 | $40 |
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Cost Of Living for Bachelor |
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Rent
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$500 | $400 | $300 |
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Food
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$400 | $250 | $200 |
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Phone
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$20 | $20 | $20 |
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Internet
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$40 | $40 | $40 |
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Cost Of Living for Family/Couple |
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Rent
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$2100 | $1300 | $900 |
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Food
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$500 | $400 | $300 |
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Phone
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$20 | $20 | $20 |
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Internet
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$40 | $40 | $40 |
The above record is summarized from data provided by users and various references from internet. So the values may vary little lower or higher from the actual values. Hence this may not be a real signal.
Do check our blog for the latest articles on Flowers, Cakes & Gifts delivery service stores and online portals in Madrid. Also we have covered topics of best attonery laywers to help you with the insurance coverage for motorcyle, car, truck accidents in Madrid, spain.
If you are a student, yes we do have articles with the best universities in spain for MS and Undergradute courses and also best insurance you should choose for.
Check our blog here - Cost Of Living Blog
How much money do you need to live in Madrid?
As per the data from our users on Cost Off Living website caculator, average living expenses in Madrid for family of 4 members requires $2100 and for students or for a single person requires $500 per month.
How much does it cost to rent in Madrid?
Rental cost in Madrid greatly dependent on where you live, an average rent for a flat or a house in normal area $1300 per month. More details on Cost Off Living
How much does it cost for a single person to live in Madrid?
As per the data from our users on Cost Off Living website caculator, average living expenses in Madrid for students or for a single person requires $500 per month.
How much does it cost for a family to live in Madrid?
As per the data from our users on Cost Off Living website caculator, average living expenses in Madrid for family of 4 members requires $2100 per month.
What salary do you need to live in Madrid?
Recommended Salary in Madrid city is greatly dependent on the industry & technology you work on, an average salary in Madrid is $2660 per week.