Spain
Cost of Living in Madrid
Monthly Total
$2,693
$47,128
Housing (1BR Mid-range)
$1,312
Daily Spend (ex. rent)
$46
Based on a typical lifestyle for international residents: 1BR furnished apartment, mix of cooking/eating out, rideshare transportation, moderate entertainment. Last updated: 3/31/2026.
Monthly Cost Breakdown
Housing (Rent)
1BR furnished apartment in mid-range neighborhood
$1,312
$22,960
Utilities
Electric, water, gas, and internet
$212
$3,710
Groceries
Groceries from supermarkets
$144
$2,520
Dining Out
Mix of casual restaurants, ~12 meals/month
$204
$3,570
Transportation
Rideshare (Uber/Didi), ~30 rides/month
$330
$5,775
Lifestyle & Entertainment
Entertainment, occasional cleaning service
$254
$4,445
Healthcare
Basic private health insurance
$203
$3,553
Phone & Subscriptions
Phone plan and streaming subscriptions
$33
$578
Monthly Total
$2,693
$47,128
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Living in Madrid
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