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Expat Budget: ๐Ÿ‡ช๐Ÿ‡ธ Madrid, Spain

Monthly cost-of-living breakdown for expatriates in Madrid. All amounts in EUR (โ‚ฌ), editable to match your lifestyle.

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Rent is typically 20-40% cheaper in suburbs

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Cost of Living in Madrid

Madrid offers a moderate cost of living compared to northern European capitals, with housing and groceries priced well below Paris or London. The city uses the euro, which simplifies budgeting for residents moving from other eurozone countries. Public healthcare is accessible, and private insurance remains relatively affordable.

Last updated: March 2025. Sources: Numbeo, INE Spain.