Summary of The Cost of Living in Madrid, Spain
• The average monthly cost of living for a single person in Madrid is $2,202.00 including rent, or $1,154.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) in Madrid is $2,960.10 including rent, or $1,912.10 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) in Madrid is $4,090.50 including rent, or $2,728.10 excluding rent.
• The average yearly cost of living in Madrid ranges from $26,424.00 for a single person to $35,521.20 for a couple, and $49,086.00 for a family of four, including rent. Excluding rent, the yearly range is $13,848.00 for a single person to $22,945.20 for a couple, and $32,737.20 for a family of four.
• For budget-conscious living in Madrid, baseline monthly expenses range from $1,315.00 for a single person to $1,697.80 for a couple, and $2,335.80 for a family of four, including rent. Excluding rent, the range is $570.00 for a single person to $952.80 for a couple, and $1,367.30 for a family of four.
• For comfortable/luxury living in Madrid, estimated monthly expenses range from $4,051.00 for a single person to $5,519.00 for a couple, and $7,593.40 for a family of four, including rent. Excluding rent, the range is $2,323.00 for a single person to $3,791.00 for a couple, and $5,347.00 for a family of four.
• The average monthly salary for a person in Madrid is $3,150.00, which is 173.0% more than the average monthly cost of living and 452.6% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |