Last update: Oct 2026

Cost of Living Comparison Between Granada and Madrid

For one person, living is cheaper in Granada: $1,635 a month against $2,265 in Madrid, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Granada
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Granada Living Index
111

Cost of Living Index in Madrid
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Madrid Living Index

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Granada

🇪🇸 Spain

$1,635

/mo nomad

Madrid

🇪🇸 Spain

$2,265

/mo nomad

Monthly Cost of Living

How much you'll spend in Granada 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 Granada and in Madrid actually costs, broken down by who's living it.

A single person spends $1,635 per month in Granada vs $2,265 in Madrid, rent included.

Granada $1,635
Madrid $2,265

A couple spends around $2,306 per month in Granada vs $3,296 in Madrid, rent included.

Granada $2,306
Madrid $3,296

A family of three spends $2,976 per month in Granada vs $4,328 in Madrid, rent included.

Granada $2,976
Madrid $4,328

Granada is about 28% cheaper than Madrid, and outside of rent the biggest gap is in eating out.

Both Granada and Madrid sit above the global median – Granada by 21%, Madrid by 68%.

Meal at Budget Restaurant

$15.41 €13.71

$18.20 €16.19

-15.33%

Three-Course Dinner for Two, Mid-Range

$39.58 €35.20

$68.1 €60.5

-41.85%

Fast Food Meal (McDonalds, etc)

$9.10 €8.10

$11.24 €9.99

-19.04%

Cappuccino

$2.32 €2.07

$3.15 €2.80

-26.35%

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

$2.94 €2.62

$3.36 €2.99

-12.50%

Water (0.33 liter bottle)

$2.24 €1.99

$2.36 €2.10

-5.08%

Local Beer (0.5 liter draught)

$3.40 €3.02

$3.83 €3.40

-11.23%

Imported Beer (0.33 liter bottle)

$4.39 €3.91

$4.92 €4.38

-10.77%

Milk (1 liter)

$1.27 €1.13

$1.32 €1.17

-3.79%

White Bread (500g)

$1.51 €1.34

$1.61 €1.43

-6.21%

Rice (white) (1kg)

$1.68 €1.49

$1.65 €1.47

1.82%

Eggs

$3.25 €2.89

$4.07 €3.62

-20.15%

Local Cheese (1kg)

$17.16 €15.26

$15.82 €14.07

8.47%

Chicken Fillets (1kg)

$7.32 €6.51

$9.49 €8.44

-22.87%

Beef Round Steak (1kg)

$15.12 €13.45

$17.52 €15.59

-13.70%

Apples (1kg)

$2.49 €2.22

$2.56 €2.27

-2.73%

Banana (1kg)

$2.14 €1.90

$2.09 €1.86

2.39%

Oranges (1kg)

$1.89 €1.68

$2.47 €2.19

-23.48%

Tomato (1kg)

$2.41 €2.14

$2.49 €2.22

-3.21%

Potato (1kg)

$1.99 €1.77

$2.26 €2.01

-11.95%

Onion (1kg)

$2.13 €1.90

$2.15 €1.91

-0.93%

Lettuce (1 head)

$1.07 €0.95

$1.57 €1.40

-31.85%

Water (1.5 liter bottle)

$0.79 €0.70

$1.07 €0.95

-26.17%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.82

Wine (Bottle)

$4.65 €4.14

$7.65 €6.81

-39.22%

Local Beer (0.5 liter bottle)

$1.15 €1.02

$1.17 €1.04

-1.71%

Imported Beer (0.33 liter bottle)

$1.67 €1.48

$2.22 €1.97

-24.77%

One-way Ticket (Public Transport)

$1.84 €1.64

$1.63 €1.45

12.88%

Public Transport Monthly Pass (Regular Price)

$39.09 €34.77

$36.42 €32.39

7.33%

Taxi Start (Normal Tariff)

$5.42 €4.82

$3.73 €3.32

45.31%

Taxi (Normal Tariff) (1km)

$2.21 €1.96

$1.54 €1.37

43.51%

Taxi 1hour Waiting (Normal Tariff)

$27.52 €24.48

$29.17 €25.95

-5.66%

Gasoline (1 liter)

$1.68 €1.49

$1.78 €1.58

-5.62%

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

$35.7K €31.7K

$35.5K €31.6K

0.49%

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

$29.3K €26.1K

$33.2K €29.6K

-11.80%

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

$162 €144

$189 €168

-14.30%

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

$12.75 €11.34

$17.48 €15.55

-27.06%

Internet (50+ Mbps, Unlimited Data)

$26.89 €23.92

$34.32 €30.53

-21.65%

Gym Membership (Monthly)

$45.70 €40.65

$48.62 €43.25

-6.01%

Tennis Court (1 Hour on Weekend)

$20.06 €17.84

$18.44 €16.40

8.79%

Cinema Ticket

$8.75 €7.79

$11.04 €9.82

-20.74%

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

$338 €300

$693 €617

-51.30%

International Primary School, 1 Child (Yearly)

$7,873 €7,003

$17.8K €15.8K

-55.66%

Jeans (Levis 501 Or Similar)

$65.1 €57.9

$84.6 €75.3

-23.07%

Summer Dress (H&M, Zara, etc)

$32.41 €28.83

$42.50 €37.80

-23.74%

Sport Shoes (Adidas, Nike)

$74.7 €66.5

$110 €98.1

-32.25%

Men's Leather Business Shoes

$88.6 €78.8

$112 €99.9

-21.07%

1-bedroom Apartment, City Center (Monthly)

$872 €776

$1,506 €1,339

-42.07%

1-bedroom Apartment, Outside City Center (Monthly)

$697 €620

$1,170 €1,041

-40.42%

3-bedroom Apartment, City Center (Monthly)

$1,233 €1,097

$2,756 €2,451

-55.26%

3-bedroom Apartment, Outside City Center (Monthly)

$933 €830

$1,845 €1,641

-49.44%

Buy Apartment in City Center (m2)

$3,323 €2,956

$9,168 €8,155

-63.76%

Buy Apartment Outside City Center (m2)

$2,234 €1,987

$4,234 €3,766

-47.23%

Average Monthly Net Salary (After Tax)

$1,865 €1,659

$2,483 €2,209

-24.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.32

3.14

5.73%

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

Last update for Granada: October 11, 2026

Last update for Madrid: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Granada

$697 42.6%

Madrid

$1.2K 51.7% 67.8% $473

Groceries & Markets

Granada

$268 16.4%

Madrid

$303 13.4% 13% $35

Eating Out

Granada

$225 13.8%

Madrid

$269 11.9% 19.5% $44

Monthly Utilities & Internet

Granada

$202 12.3%

Madrid

$241 10.6% 19.4% $39

Clothing & Footwear

Granada

$117 7.2%

Madrid

$157 7% 34.1% $40

Sport & Entertainment

Granada

$63 3.9%

Madrid

$71 3.1% 11.9% $7.5

Getting Around

Granada

$63 3.9%

Madrid

$54 2.4% 13.5% $8.5

Cost Breakdown

A central one-bedroom costs $872 in Granada versus $1,506 in Madrid. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 33% higher in Madrid, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $40.00 in Granada versus $68.0 in Madrid. Monthly groceries follow the same trend: $268 vs $303 – making Granada the more affordable choice for daily food spending.

Good to know

🇪🇸 Granada

🇪🇸 Madrid

🕒 Local time

04:18 4:18 AM

Same time as Granada

🌤 Weather

👥 Population

230,595

3,332,035 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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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

Granada vs Madrid: Cost of Living - Frequently Asked Questions

Madrid costs about 39% more than Granada, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,453 per month in Granada and $3,398 in Madrid. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Granada, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 13% more in Madrid, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $40.00 in Granada and $68.0 in Madrid. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Granada, where all-in costs run around $1,635, than in Madrid at $2,265. In Granada it covers expenses comfortably, while in Madrid it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Granada costs $1,635 versus $2,265 in Madrid. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Granada. If higher salaries, better infrastructure, or specific career opportunities are the priority, Madrid makes more sense. Both are solid long-term options with distinct trade-offs.