Madrid, Spain

In 2024, a single person living in Madrid needs approximately EUR 1,888/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around EUR 3,571/month. Madrid is considered a mid-range city by global standards.

A 1-bedroom apartment in Madrid costs approximately EUR 1,250/month in 2024. A 3-bedroom apartment runs around EUR 2,250/month. Rent has changed +6.4% vs 2023.

Monthly grocery costs for one person in Madrid are approximately EUR 360 in 2024. This covers basic supermarket shopping including food and household essentials.

A monthly public transport pass in Madrid costs EUR 57 in 2024, covering unlimited bus, metro and tram travel within the city.

Monthly utility costs in Madrid average EUR 125 in 2024, covering electricity, heating/cooling, water and internet for a standard apartment.

Madrid is located in Spain (Europe). With a 1-bed rent of EUR 1,250/month and total single-person expenses around EUR 1,888/month, it is mid-range by global standards.

A typical restaurant meal for one person in Madrid costs approximately EUR 12 in 2024. Budget around EUR 96/month if dining out a few times a week.

LifeIndexed tracks cost of living data for Madrid from 2022 to 2026. 1-bed rent has increased by 19.6% over this period (from EUR 1,100 in 2022 to EUR 1,316 in 2026). Use the year tabs above to compare costs across years.

To live comfortably in Madrid in 2024, a single person needs approximately EUR 1,888/month. This covers rent (EUR 1,250), groceries (EUR 360), transport (EUR 57), utilities (EUR 125) and dining out occasionally. A family of 3–4 should budget around EUR 3,571/month.