Cost of living in Madrid, Spain is $1,878 and it seems affordable according to the average monthly salary which is $1,911. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.
The total cost of living is around $1,878 in Madrid. The average rent in Madrid for a one-bedroom apartment in the city centre is approximately $1,342 per month, and utilities cost around $156 a month. Other costs will be around $692 including groceries, transportation, eating out, and sports and leisure for one-person.
Madrid seems not expensive to live in according to the average monthly salary which is $1,911.
A person working in Madrid typically earns around $1,911 per month after tax deductions. It is not specific to any particular qualification. $1,911 is a good salary according to average cost of living which is $1,878.
The average one-bedroom apartment in Madrid city centre stands at around $1,342 per month. If you're okay with an apartment outside of the city centre that will be cost around $990.
The cost of groceries in Madrid can vary depending on individual preferences and shopping habits. On average, a single person can expect to spend around $266 per month on groceries. However, prices may fluctuate based on factors such as the type of products purchased, the store visited, and any discounts or promotions available.
The cost of living in Spain varies significantly depending on the specific city you are considering. Relying on a country-wide average may lead to misleading information. For a more accurate assessment, it's essential to explore the cost of living in different cities across Spain