Cost of Living Comparison Between Ibiza and Madrid Cost of Living Comparison Between Ibiza and Madrid

🙂 Solo nomad: Ibiza is 7.7% cheaper than Madrid without rent, and 39.7% more expensive with rent.

🙂 Family of 3: Ibiza is 7.4% cheaper than Madrid without rent, and 16.5% more expensive with rent.

Meal at Budget Restaurant

$17.17 €14.83

$17.03 €14.7

0.82%

Three-Course Dinner for Two, Mid-Range

$68.4 €59

$70.3 €60.7

-2.76%

Fast Food Meal (McDonalds, etc)

$11.75 €10.15

$11.77 €10.16

-0.17%

Cappuccino

$2.55 €2.2

$3.21 €2.77

-20.56%

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

$2.96 €2.56

$3.18 €2.75

-6.92%

Water (0.33 liter bottle)

$1.46 €1.26

$2.1 €1.82

-30.48%

Local Beer (0.5 liter draught)

$3.56 €3.08

$4.13 €3.56

-13.80%

Imported Beer (0.33 liter bottle)

$3.72 €3.21

$4.49 €3.88

-17.15%

Milk (1 liter)

$1.36 €1.17

$1.23 €1.07

10.57%

White Bread (500g)

$3.56 €3.07

$1.63 €1.41

118.40%

Rice (white) (1kg)

$1.41 €1.22

$1.64 €1.41

-14.02%

Eggs

$2.9 €2.51

$3.34 €2.89

-13.17%

Local Cheese (1kg)

$20.73 €17.9

$14.88 €12.84

39.31%

Chicken Fillets (1kg)

$8.55 €7.38

$9.04 €7.81

-5.42%

Beef Round Steak (1kg)

$15.1 €13.04

$16.8 €14.5

-10.12%

Apples (1kg)

$2.57 €2.22

$2.73 €2.35

-5.86%

Banana (1kg)

$1.97 €1.7

$2.15 €1.86

-8.37%

Oranges (1kg)

$1.92 €1.66

$2.5 €2.16

-23.20%

Tomato (1kg)

$2.69 €2.32

$2.67 €2.31

0.75%

Potato (1kg)

$1.78 €1.54

$2.14 €1.85

-16.82%

Onion (1kg)

$1.99 €1.72

$2.16 €1.87

-7.87%

Lettuce (1 head)

$1.4 €1.2

$1.35 €1.17

3.70%

Water (1.5 liter bottle)

$0.33 €0.29

$0.93 €0.81

-64.52%

Cigarettes 20 Pack (Marlboro, Camel)

$5.47 €4.73

$7.12 €6.15

-23.17%

Wine (Bottle)

$5.7 €4.92

$7.96 €6.87

-28.39%

Local Beer (0.5 liter bottle)

$1.44 €1.24

$1.39 €1.2

3.60%

Imported Beer (0.33 liter bottle)

$1.66 €1.43

$2.27 €1.96

-26.87%

One-way Ticket (Public Transport)

$2.39 €2.06

$1.71 €1.47

39.77%

Public Transport Monthly Pass (Regular Price)

$34.14 €29.47

$48.37 €41.77

-29.42%

Taxi Start (Normal Tariff)

$4.4 €3.8

$4.15 €3.59

6.02%

Taxi (Normal Tariff) (1km)

$1.28 €1.1

$1.34 €1.15

-4.48%

Taxi 1hour Waiting (Normal Tariff)

$25.98 €22.43

$28.54 €24.64

-8.97%

Gasoline (1 liter)

$1.85 €1.6

$1.86 €1.6

-0.54%

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

$38.8K €33.5K

$37.9K €32.7K

2.47%

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

$30.3K €26.2K

$34.2K €29.5K

-11.39%

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

$237 €205

$191 €165

24.03%

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

$22.77 €19.66

$21.25 €18.35

7.15%

Internet (50+ Mbps, Unlimited Data)

$32.09 €27.71

$35.96 €31.05

-10.76%

Gym Membership (Monthly)

$87.9 €75.9

$54 €46.59

62.92%

Tennis Court (1 Hour on Weekend)

$14.81 €12.79

$17.96 €15.51

-17.54%

Cinema Ticket

$9.6 €8.29

$11.51 €9.94

-16.59%

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

$404 €349

$674 €582

-39.99%

International Primary School, 1 Child (Yearly)

$7,587 €6,550

$11.8K €10.2K

-35.91%

Jeans (Levis 501 Or Similar)

$73 €63.1

$95.7 €82.6

-23.70%

Summer Dress (H&M, Zara, etc)

$56 €48.37

$41.6 €35.92

34.69%

Sport Shoes (Adidas, Nike)

$84.9 €73.3

$105 €91.1

-19.56%

Men's Leather Business Shoes

$162 €140

$132 €114

22.91%

1-bedroom Apartment, City Center (Monthly)

$2,323 €2,006

$1,561 €1,348

48.76%

1-bedroom Apartment, Outside City Center (Monthly)

$2,065 €1,783

$1,109 €958

86.13%

3-bedroom Apartment, City Center (Monthly)

$2,683 €2,316

$2,840 €2,452

-5.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,542 €2,195

$1,884 €1,626

34.93%

Buy Apartment in City Center (m2)

$6,120 €5,284

$8,381 €7,236

-26.98%

Buy Apartment Outside City Center (m2)

$2,812 €2,427

$4,938 €4,263

-43.06%

Average Monthly Net Salary (After Tax)

$2,002 €1,729

$2,579 €2,227

-22.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

3.43

2.04%

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

Last update for Ibiza: October 29, 2025

Last update for Madrid: October 29, 2025

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