CostCompass

CostCompass

Compare cost of living across cities worldwide. Plan your trip, relocation, or remote work destination with real data.

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Data updated: Apr 1, 2026© 2026 CostCompass. All rights reserved. Data is crowdsourced and may not be 100% accurate.
Cities/Madrid

Madrid

Spain

Spain's elegant capital with world-class art museums, lively plazas, and a nightlife that rarely starts before midnight. Known for its warm, welcoming madrileño culture.

Population: 3.2M
Avg Income: $ 36K/yr
Avg. Temp: 15°C
Area: 606 km²
EUR
CompareCalculator
87
Very Expensive

#37 of 250

74% above average

Est. Monthly Cost

$ 3 295

Based on NYC = 100 index


Compare With Other Cities

Similar destinations to explore

Expensive#36

Munich

Germany

Index
87
Similar cost
Expensive#38

Rome

Italy

Index
87
Similar cost
Expensive#39

Tenerife

Spain

Index
86
1% cheaper
Expensive#43

London

United Kingdom

Index
83
5% cheaper

Cost Breakdown

Monthly average costs by category

Housing

$ 2 411

per month

Food & Groceries

$ 76

per month

Restaurants

$ 322

per month

Transportation

$ 134

per month

Utilities

$ 196

per month

Entertainment

$ 80

per month

Healthcare

$ 44

per month

Clothing

$ 32

per month