Planning to move to Madrid? Here is a complete breakdown of the cost of living for expats in Madrid, Spain as of 2026. All figures are in EUR for easy cross-country comparison.
Monthly Cost Snapshot
Full Cost Breakdown
Compared to Country Average
| Category | Madrid | Spain Avg | Difference |
|---|---|---|---|
| 1BR Rent (Centre) | €1,400 | €1,291 | +8% above avg |
| Total Single (Centre) | €2,250 | €2,100 | +7% above avg |
| Total Family (Centre) | €3,900 | €3,683 | +6% above avg |
| Groceries | €562 | €525 | +7% above avg |
| Transport | €135 | €126 | +7% above avg |
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Frequently Asked Questions
How much does it cost to live in Madrid in 2026?
A single expat living in central Madrid should budget approximately €2,250 per month, covering rent, groceries, transport, utilities, healthcare, and entertainment. A family of four needs around €3,900/month.
How much is rent in Madrid for expats?
A 1-bedroom apartment in Madrid city centre costs around €1,400/month. Outside the centre, expect to pay approximately €950/month. A 3-bedroom apartment in the centre is around €3,080/month.
Is Madrid expensive compared to other cities in Spain?
Madrid has a cost index of 100% relative to the capital. There are 3 cities tracked in Spain for comparison.
Related: Spain Guide · Spain Salaries · Spain Cost of Living · Visa Comparison · Compare Spain · All Countries
Data sourced from numbeo. Last verified 2026-03-10.