Madrid, Spain

Cost of Living in Madrid, Spain

Quick answer: As of 2026, living in Madrid costs approximately $2,113 per month for one person, with city-centre one-bedroom rent averaging $1,528. Actual costs vary with lifestyle, neighborhood, and exchange rates.

Madrid is a city in Spain, where a single person can expect to spend about $2,113 per month including rent, food, and local transport. A one-bedroom apartment in the city centre averages $1,528 per month, or $1,165 outside the centre. Internet is fast at around 263 Mbps median download speed, and Spain offers a digital nomad visa. On safety, Madrid scores 75/100 — generally safe for residents and visitors. Expect summer highs near 94°F and winter highs around 50°F, with roughly 336 sunny days a year.

Top for Late NightTop for Sports EventsTop for ClubTop for Rooftop BarTop for MuseumTop for Art SceneTop for FestivalTop for CasinoDigital nomad visaLGBTQ+ friendlyFamily friendlySafe tap waterMajor airport hub
Monthly Cost$2,113≈ $70/day
1BR Rent (Centre)$1,528
Internet263 Mbps
Safety75/100
Avg Temp72°F

Madrid Cost of Living Breakdown

🍽️ Dining

Inexpensive Restaurant$17.67
Mid-Range Restaurant (2 People)$70.67
McDonald's Combo Meal$11.78
Cappuccino$2.98
Domestic Beer (Restaurant)$4.12
Bottled Water (Restaurant)$2.06

🛒 Groceries

Milk (1 Liter)$1.28
Bread (1 lb Loaf)$1.38
Eggs (12)$3.79
Chicken Fillets (1 lb)$4.10
Apples (1 lb)$1.25
Bananas (1 lb)$1.08
Tomatoes (1 lb)$1.27
Potatoes (1 lb)$0.93
Water (1.5L Bottle)$0.91
Wine (Mid-Range Bottle)$8.24
Cigarettes (Marlboro)$7.07

🚌 Transportation

One-Way Ticket$1.77
Monthly Transit Pass$41.22
Taxi Start$4.12
Taxi (1 Mile)$2.46
Gasoline (1 Liter)$1.85
VW Golf (New)$37,102.47

⚡ Utilities & Tech

Basic Utilities (Monthly)$203.44
Mobile Phone Plan$18.88
Broadband Internet$32.70

🎬 Lifestyle

Gym Membership (Monthly)$52.31
Cinema Ticket$11.78
Preschool (Monthly)$696.70
Intl. Primary School (Annual)$17,650.91

👔 Clothing

Jeans (Levi's 501)$100.19
Nike Running Shoes$102.92

🏠 Housing

Rent 1BR (City Centre)$1,527.68
Rent 1BR (Outside Centre)$1,164.95
Rent 3BR (City Centre)$2,768.92
Rent 3BR (Outside Centre)$1,834.16
Buy Price/sqft (Centre)$806.68
Buy Price/sqft (Outside)$418.10

📊 Summary

Avg Monthly Net Salary$2,642.06
Mortgage Interest Rate3.18%
Family of 4 (Monthly, excl. rent)$3,398.10
Single Person (Monthly, excl. rent)$948.30

Cost data sourced from Numbeo.

Lifestyle & Quality of Life in Madrid

Internet263 Mbps
Safety75/100
Healthcare80/100
Public Transit82/100
Walkability85/100
Nightlife88/100
Food Scene88/100
Fine Dining65/100
Coffee Culture72/100
Air Quality90/100
Green Spaces75/100
Culture90/100
Beaches75/100
Hiking55/100
Surfing0/100
Coworking Spaces62
US Visa-Free90 days

Neighborhoods in Madrid

Malasaña · Salamanca · La Latina · Chueca

Communities & Expat Groups

Barcelona Digital Nomads · BCN Digital Nomads · Barcelona Freelancer Meetup

Madrid FAQ

How much does it cost to live in Madrid?

A single person should budget around $2,113 per month in Madrid, covering rent, groceries, transport, and basic lifestyle costs. A family of four typically needs about $3,398 per month.

How much is rent in Madrid?

A one-bedroom apartment in central Madrid averages $1,528 per month, dropping to about $1,165 outside the centre. A three-bedroom in the centre runs about $2,769.

Is Madrid safe?

Madrid scores 75/100 on safety, which is generally safe. Tourist safety is rated 68/100.

How fast is the internet in Madrid?

Median download speeds in Madrid are around 263 Mbps — fast for remote work and video calls. There are roughly 62 coworking spaces in the city.

Does Spain offer a digital nomad visa?

Yes — Spain offers a digital nomad visa. US passport holders can typically stay 90 days visa-free before applying.

What is the weather like in Madrid?

Madrid sees summer highs around 94°F and winter highs near 50°F, with about 336 sunny days and 64 rainy days per year.

Madrid in our travel guides

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