Cost of Living Comparison Between Madrid and Canary Islands Cost of Living Comparison Between Madrid and Canary Islands

😐 Solo nomad: Madrid is 19.4% more expensive than Canary Islands without rent, and 43.9% more expensive with rent.

😐 Family of 3: Madrid is 8% more expensive than Canary Islands without rent, and 54.5% more expensive with rent.

Meal at Budget Restaurant

$17.03 €14.7

$17.07 €14.73

-0.23%

Three-Course Dinner for Two, Mid-Range

$70.3 €60.7

$57.1 €49.33

23.04%

Fast Food Meal (McDonalds, etc)

$11.77 €10.16

$10.1 €8.72

16.53%

Cappuccino

$3.21 €2.77

$1.69 €1.46

89.94%

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

$3.18 €2.75

$1.84 €1.59

72.83%

Water (0.33 liter bottle)

$2.1 €1.82

$1.07 €0.92

96.26%

Local Beer (0.5 liter draught)

$4.13 €3.56

$2.81 €2.42

46.98%

Imported Beer (0.33 liter bottle)

$4.49 €3.88

$3.31 €2.86

35.65%

Milk (1 liter)

$1.23 €1.07

$1.22 €1.05

0.82%

White Bread (500g)

$1.63 €1.41

$1.72 €1.48

-5.23%

Rice (white) (1kg)

$1.64 €1.41

$1.44 €1.25

13.89%

Eggs

$3.34 €2.89

$3.03 €2.61

10.23%

Local Cheese (1kg)

$14.88 €12.84

$17.03 €14.7

-12.62%

Chicken Fillets (1kg)

$9.04 €7.81

$8.69 €7.51

4.03%

Beef Round Steak (1kg)

$16.8 €14.5

$14.65 €12.65

14.68%

Apples (1kg)

$2.73 €2.35

$2.41 €2.08

13.28%

Banana (1kg)

$2.15 €1.86

$1.75 €1.51

22.86%

Oranges (1kg)

$2.5 €2.16

$1.6 €1.38

56.25%

Tomato (1kg)

$2.67 €2.31

$2.64 €2.28

1.14%

Potato (1kg)

$2.14 €1.85

$1.55 €1.34

38.06%

Onion (1kg)

$2.16 €1.87

$1.75 €1.51

23.43%

Lettuce (1 head)

$1.35 €1.17

$1.52 €1.31

-11.18%

Water (1.5 liter bottle)

$0.93 €0.81

$0.66 €0.57

40.91%

Cigarettes 20 Pack (Marlboro, Camel)

$7.12 €6.15

$4.65 €4.02

53.12%

Wine (Bottle)

$7.96 €6.87

$7.08 €6.12

12.43%

Local Beer (0.5 liter bottle)

$1.39 €1.2

$1.48 €1.28

-6.08%

Imported Beer (0.33 liter bottle)

$2.27 €1.96

$1.77 €1.53

28.25%

One-way Ticket (Public Transport)

$1.71 €1.47

$1.65 €1.43

3.64%

Public Transport Monthly Pass (Regular Price)

$48.37 €41.77

$34.71 €29.97

39.35%

Taxi Start (Normal Tariff)

$4.15 €3.59

$3.71 €3.2

11.86%

Taxi (Normal Tariff) (1km)

$1.34 €1.15

$1.28 €1.11

4.69%

Taxi 1hour Waiting (Normal Tariff)

$28.54 €24.64

$17.31 €14.95

64.88%

Gasoline (1 liter)

$1.86 €1.6

$1.69 €1.46

10.06%

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

$37.9K €32.7K

$25.7K €22.2K

47.23%

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

$34.2K €29.5K

$29.8K €25.7K

14.68%

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

$191 €165

$89.5 €77.3

113.60%

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

$21.25 €18.35

$21.13 €18.24

0.57%

Internet (50+ Mbps, Unlimited Data)

$35.96 €31.05

$31.47 €27.17

14.27%

Gym Membership (Monthly)

$54 €46.59

$49.63 €42.85

8.72%

Tennis Court (1 Hour on Weekend)

$17.96 €15.51

$25.17 €21.73

-28.65%

Cinema Ticket

$11.51 €9.94

$10.08 €8.71

14.19%

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

$674 €582

$348 €300

93.71%

International Primary School, 1 Child (Yearly)

$11.8K €10.2K

$8,414 €7,265

40.69%

Jeans (Levis 501 Or Similar)

$95.7 €82.6

$70.2 €60.6

36.33%

Summer Dress (H&M, Zara, etc)

$41.6 €35.92

$33.82 €29.2

23.00%

Sport Shoes (Adidas, Nike)

$105 €91.1

$80.3 €69.3

31.37%

Men's Leather Business Shoes

$132 €114

$68.1 €58.8

93.49%

1-bedroom Apartment, City Center (Monthly)

$1,561 €1,348

$1,131 €976

38.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,109 €958

$695 €600

59.56%

3-bedroom Apartment, City Center (Monthly)

$2,840 €2,452

$2,293 €1,980

23.84%

3-bedroom Apartment, Outside City Center (Monthly)

$1,884 €1,626

$810 €700

132.45%

Buy Apartment in City Center (m2)

$8,381 €7,236

$3,362 €2,903

149.26%

Buy Apartment Outside City Center (m2)

$4,938 €4,263

$2,333 €2,014

111.68%

Average Monthly Net Salary (After Tax)

$2,579 €2,227

$1,428 €1,233

80.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.33

3.00%

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

Last update for Madrid: October 29, 2025

Last update for Canary Islands: October 29, 2025

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