Cost of Living Comparison Between Kingstown and Madrid Cost of Living Comparison Between Kingstown and Madrid

Monthly Cost of Living

A single person spends $1,305 per month in Kingstown vs $2,265 in Madrid, rent included.

A couple spends around $2,071 per month in Kingstown vs $3,314 in Madrid, rent included.

A family of three spends $2,837 per month in Kingstown vs $4,362 in Madrid, rent included.

Kingstown is about 42% cheaper than Madrid, driven mainly by Groceries & Markets.

Kingstown sits 3% below the global median, while Madrid is 69% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.55 EC$20.38

$17.39 €14.84

-56.58%

Three-Course Dinner for Two, Mid-Range

$70.4 EC$190

$68.5 €58.4

2.86%

Fast Food Meal (McDonalds, etc)

$11.17 EC$30.15

$11.66 €9.95

-4.20%

Cappuccino

$3.29 EC$8.88

$3.09 €2.64

6.47%

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

$2.16 EC$5.84

$3.06 €2.61

-29.41%

Water (0.33 liter bottle)

$2.09 EC$5.66

$2.21 €1.89

-5.43%

Local Beer (0.5 liter draught)

$1.81 EC$4.89

$4.01 €3.42

-54.86%

Imported Beer (0.33 liter bottle)

$2.16 EC$5.82

$4.53 €3.86

-52.32%

Milk (1 liter)

$3.23 EC$8.72

$1.20 €1.03

169.17%

White Bread (500g)

$2.10 EC$5.67

$1.68 €1.43

25.00%

Rice (white) (1kg)

$1.65 EC$4.45

$1.72 €1.47

-4.07%

Eggs

$4.55 EC$12.29

$3.40 €2.90

33.82%

Local Cheese (1kg)

$11.43 EC$30.86

$15.03 €12.82

-23.95%

Chicken Fillets (1kg)

$4.77 EC$12.88

$8.78 €7.49

-45.67%

Beef Round Steak (1kg)

$12.33 EC$33.30

$17.18 €14.66

-28.23%

Apples (1kg)

$8.95 EC$24.15

$2.64 €2.25

239.02%

Banana (1kg)

$2.91 EC$7.86

$2.15 €1.83

35.35%

Oranges (1kg)

$9.11 EC$24.58

$2.55 €2.17

257.25%

Tomato (1kg)

$5.35 EC$14.45

$2.76 €2.35

93.84%

Potato (1kg)

$3.98 EC$10.74

$2.12 €1.81

87.74%

Onion (1kg)

$3.24 EC$8.75

$2.13 €1.82

52.11%

Lettuce (1 head)

$4.11 EC$11.10

$1.38 €1.18

197.83%

Water (1.5 liter bottle)

$2.98 EC$8.06

$0.97 €0.83

207.22%

Cigarettes 20 Pack (Marlboro, Camel)

$4.13 EC$11.16

$7.11 €6.07

-41.91%

Wine (Bottle)

$16.41 EC$44.30

$8.10 €6.91

102.59%

Local Beer (0.5 liter bottle)

$2.17 EC$5.86

$1.38 €1.18

57.25%

Imported Beer (0.33 liter bottle)

$2.40 EC$6.49

$2.16 €1.84

11.11%

One-way Ticket (Public Transport)

$1.18 EC$3.18

$1.69 €1.44

-30.18%

Public Transport Monthly Pass (Regular Price)

$50.6 EC$137

$48.75 €41.59

3.84%

Taxi Start (Normal Tariff)

$11.00 EC$29.69

$4.16 €3.55

164.42%

Taxi (Normal Tariff) (1km)

$1.86 EC$5.03

$1.32 €1.12

40.91%

Taxi 1hour Waiting (Normal Tariff)

$29.79 EC$80.4

$28.53 €24.34

4.42%

Gasoline (1 liter)

$3.18 EC$8.59

$1.92 €1.64

65.63%

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

$38.5K EC$104.0K

$37.8K €32.3K

1.82%

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

$30.8K EC$83.0K

$33.3K €28.4K

-7.57%

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

$73.3 EC$198

$188 €161

-61.09%

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

$29.14 EC$78.7

$21.76 €18.56

33.92%

Internet (50+ Mbps, Unlimited Data)

$54.9 EC$148

$35.31 €30.12

55.37%

Gym Membership (Monthly)

$32.55 EC$87.9

$52.8 €45.05

-38.36%

Tennis Court (1 Hour on Weekend)

$4.69 EC$12.66

$18.10 €15.44

-74.09%

Cinema Ticket

$4.73 EC$12.77

$11.60 €9.89

-59.22%

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

$122 EC$329

$677 €578

-81.99%

International Primary School, 1 Child (Yearly)

$12.1K €10.3K

Jeans (Levis 501 Or Similar)

$79.2 EC$214

$94.9 €80.9

-16.51%

Summer Dress (H&M, Zara, etc)

$65.2 EC$176

$41.98 €35.81

55.31%

Sport Shoes (Adidas, Nike)

$91.6 EC$247

$104 €89.0

-12.18%

Men's Leather Business Shoes

$86.1 EC$232

$135 €115

-36.31%

1-bedroom Apartment, City Center (Monthly)

$333 EC$900

$1,578 €1,346

-78.87%

1-bedroom Apartment, Outside City Center (Monthly)

$324 EC$874

$1,115 €951

-70.97%

3-bedroom Apartment, City Center (Monthly)

$549 EC$1,483

$2,765 €2,359

-80.14%

3-bedroom Apartment, Outside City Center (Monthly)

$486 EC$1,312

$1,879 €1,603

-74.14%

Buy Apartment in City Center (m2)

$589 EC$1,590

$9,202 €7,849

-93.60%

Buy Apartment Outside City Center (m2)

$597 EC$1,611

$4,488 €3,829

-86.71%

Average Monthly Net Salary (After Tax)

$1,033 EC$2,789

$2,586 €2,206

-60.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.5

3.43

118.66%

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

Last update for Kingstown: April 21, 2026

Last update for Madrid: April 20, 2026

Cost Breakdown

A central one-bedroom costs $333 in Kingstown versus $1,578 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 150% 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 $70 in Kingstown versus $68 in Madrid. Monthly groceries follow the same trend: $418 vs $295 – making Madrid the more affordable choice for daily food spending.

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

Kingstown vs Madrid: Cost of Living - Frequently Asked Questions

Yes – Madrid is pricier by about 74%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,958 per month in Kingstown 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 Kingstown, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 4% less in Kingstown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $122 per month in Kingstown and $677 in Madrid. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Kingstown, where all-in costs run around $1,305, than in Madrid at $2,265. In Kingstown it covers expenses comfortably, while in Madrid it requires careful planning or may not stretch far enough.

Families tend to lean toward Kingstown – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Kingstown. 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.