Last update: Oct 2026

Cost of Living Comparison Between Elche and Madrid

For one person, living is cheaper in Elche: $1,483 a month against $2,304 in Madrid, rent and utilities included – about $9,900 less a year. Rent and utilities account for most of the difference.

72

Cost of Living Index in Elche
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Elche Living Index
111

Cost of Living Index in Madrid
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Madrid Living Index

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Elche

🇪🇸 Spain

$1,483

/mo nomad

Madrid

🇪🇸 Spain

$2,304

/mo nomad

Monthly Cost of Living

How much you'll spend in Elche and in Madrid

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Elche and in Madrid actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,483 in Elche versus $2,304 in Madrid.

Elche $1,483
Madrid $2,304

Estimated couple costs with rent: $2,201 in Elche versus $3,389 in Madrid.

Elche $2,201
Madrid $3,389

Monthly costs for a family of three with rent: $2,918 in Elche versus $4,475 in Madrid.

Elche $2,918
Madrid $4,475

Living in Elche costs roughly 36% less than in Madrid, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Elche 9% above, Madrid 69% above.

Meal at Budget Restaurant

$16.65 €14.92

$17.73 €15.89

-6.09%

Three-Course Dinner for Two, Mid-Range

$56.2 €50.3

$66.9 €59.9

-16.02%

Fast Food Meal (McDonalds, etc)

$11.17 €10.01

$11.30 €10.13

-1.15%

Cappuccino

$2.49 €2.23

$3.04 €2.73

-18.09%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.41 €2.16

$3.36 €3.01

-28.27%

Water (0.33 liter bottle)

$1.86 €1.66

$2.35 €2.11

-20.85%

Local Beer (0.5 liter draught)

$3.25 €2.91

$3.89 €3.49

-16.45%

Imported Beer (0.33 liter bottle)

$3.30 €2.95

$4.80 €4.30

-31.25%

Milk (1 liter)

$1.11 €0.99

$1.32 €1.18

-15.91%

White Bread (500g)

$1.62 €1.45

$1.64 €1.47

-1.22%

Rice (white) (1kg)

$1.55 €1.39

$1.72 €1.54

-9.88%

Eggs

$3.03 €2.72

$4.20 €3.77

-27.86%

Local Cheese (1kg)

$14.30 €12.81

$15.91 €14.25

-10.12%

Chicken Fillets (1kg)

$7.91 €7.09

$9.36 €8.39

-15.49%

Beef Round Steak (1kg)

$13.54 €12.13

$17.21 €15.42

-21.32%

Apples (1kg)

$2.55 €2.28

$2.56 €2.30

-0.39%

Banana (1kg)

$1.93 €1.73

$2.09 €1.88

-7.66%

Oranges (1kg)

$1.90 €1.70

$2.55 €2.28

-25.49%

Tomato (1kg)

$2.42 €2.17

$2.58 €2.31

-6.20%

Potato (1kg)

$1.74 €1.56

$2.31 €2.07

-24.68%

Onion (1kg)

$1.91 €1.71

$2.17 €1.94

-11.98%

Lettuce (1 head)

$1.03 €0.93

$1.50 €1.35

-31.33%

Water (1.5 liter bottle)

$0.70 €0.63

$1.07 €0.96

-34.58%

Cigarettes 20 Pack (Marlboro, Camel)

$6.47 €5.80

$6.57 €5.88

-1.52%

Wine (Bottle)

$5.72 €5.12

$7.87 €7.05

-27.32%

Local Beer (0.5 liter bottle)

$1.06 €0.95

$1.21 €1.09

-12.40%

Imported Beer (0.33 liter bottle)

$1.03 €0.92

$2.17 €1.94

-52.53%

One-way Ticket (Public Transport)

$1.42 €1.27

$1.67 €1.50

-14.97%

Public Transport Monthly Pass (Regular Price)

$22.72 €20.36

$37.53 €33.63

-39.46%

Taxi Start (Normal Tariff)

$3.09 €2.77

$3.76 €3.37

-17.82%

Taxi (Normal Tariff) (1km)

$0.87 €0.78

$1.49 €1.33

-41.61%

Taxi 1hour Waiting (Normal Tariff)

$16.91 €15.15

$30.17 €27.03

-43.95%

Gasoline (1 liter)

$1.76 €1.58

$1.85 €1.65

-4.86%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$31.4K €28.1K

$33.9K €30.4K

-7.32%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$31.8K €28.5K

$33.3K €29.9K

-4.47%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$138 €123

$192 €172

-28.13%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.13 €15.35

$17.66 €15.82

-3.00%

Internet (50+ Mbps, Unlimited Data)

$26.35 €23.61

$35.07 €31.43

-24.86%

Gym Membership (Monthly)

$45.31 €40.60

$47.27 €42.36

-4.15%

Tennis Court (1 Hour on Weekend)

$11.11 €9.96

$18.23 €16.33

-39.06%

Cinema Ticket

$7.33 €6.56

$11.29 €10.12

-35.08%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$692 €620

$687 €616

0.76%

International Primary School, 1 Child (Yearly)

$9,979 €8,942

$18.0K €16.1K

-44.51%

Jeans (Levis 501 Or Similar)

$83.4 €74.7

$86.5 €77.6

-3.69%

Summer Dress (H&M, Zara, etc)

$35.43 €31.75

$41.65 €37.32

-14.93%

Sport Shoes (Adidas, Nike)

$85.8 €76.9

$108 €96.9

-20.60%

Men's Leather Business Shoes

$86.9 €77.9

$112 €100

-22.10%

1-bedroom Apartment, City Center (Monthly)

$665 €596

$1,508 €1,351

-55.88%

1-bedroom Apartment, Outside City Center (Monthly)

$585 €524

$1,210 €1,084

-51.63%

3-bedroom Apartment, City Center (Monthly)

$967 €867

$2,829 €2,535

-65.82%

3-bedroom Apartment, Outside City Center (Monthly)

$860 €771

$2,004 €1,796

-57.08%

Buy Apartment in City Center (m2)

$2,033 €1,821

$9,002 €8,066

-77.42%

Buy Apartment Outside City Center (m2)

$1,481 €1,327

$4,710 €4,220

-68.55%

Average Monthly Net Salary (After Tax)

$1,599 €1,433

$2,453 €2,199

-34.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.3

3.14

5.10%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Elche: October 26, 2026

Last update for Madrid: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Elche

$585 39.4%

Madrid

$1.2K 52.5% 107% $624

Groceries & Markets

Elche

$253 17.1%

Madrid

$304 13.2% 20.2% $51

Eating Out

Elche

$237 16%

Madrid

$264 11.5% 11.7% $28

Monthly Utilities & Internet

Elche

$181 12.2%

Madrid

$244 10.6% 34.8% $63

Clothing & Footwear

Elche

$131 8.9%

Madrid

$157 6.8% 19.3% $25

Sport & Entertainment

Elche

$60 4%

Madrid

$70 3% 16.5% $9.9

Getting Around

Elche

$36 2.4%

Madrid

$55 2.4% 54.7% $20

Cost Breakdown

A one-bedroom apartment in the center runs $665 in Elche and $1,508 in Madrid. Housing cost is often the main lever when comparing two cities.

Madrid pays 53% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $56 in Elche vs $67 in Madrid for a mid-range dinner for two. Groceries echo the gap at $253 vs $304 per month, with Elche cheaper across the board.

Good to know

🇪🇸 Elche

🇪🇸 Madrid

🕒 Local time

06:25 6:25 AM

Same time as Elche

🌤 Weather

👥 Population

238,293

3,332,035 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Elche vs Madrid: Cost of Living - Frequently Asked Questions

Elche wins on cost – living expenses run 36% lower than in Madrid. Housing and daily spending are where you’ll feel the difference most, making Elche the obvious pick if budget is a priority.

On paper, salaries run 35% lower in Elche. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $665 in Elche versus $1,508 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Elche – a meal for two runs $56 versus $67 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $1,483 per month in Elche versus $2,304 in Madrid – Elche is about 36% cheaper, which adds up to real savings over time.

Both cities are expensive relative to $1,000. Elche is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Elche and Madrid are both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Elche gentler on the wallet – expenses run 36% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.