Last update: Oct 2026

Cost of Living Comparison Between Madrid and Granada

Name: Granada
Address: Granada, ES

For one person, living is cheaper in Granada: $1,658 a month against $2,265 in Madrid, rent and utilities included – about $7,300 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Madrid
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Madrid Living Index
80

Cost of Living Index in Granada
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Granada Living Index

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Madrid

🇪🇸 Spain

$2,265

/mo nomad

Granada

🇪🇸 Spain

$1,658

/mo nomad

Monthly Cost of Living

How much you'll spend in Madrid and in Granada

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

A single person spends $2,265 per month in Madrid vs $1,658 in Granada, rent included.

Madrid $2,265
Granada $1,658

A couple spends around $3,311 per month in Madrid vs $2,330 in Granada, rent included.

Madrid $3,311
Granada $2,330

A family of three spends $4,356 per month in Madrid vs $3,002 in Granada, rent included.

Madrid $4,356
Granada $3,002

Madrid costs about 37% more than Granada, and outside of rent the biggest gap is in clothing.

Both Madrid and Granada sit above the global median – Madrid by 67%, Granada by 22%.

Meal at Budget Restaurant

$18.06 €16.06

$15.98 €14.21

13.02%

Three-Course Dinner for Two, Mid-Range

$66.5 €59.2

$38.85 €34.55

71.15%

Fast Food Meal (McDonalds, etc)

$11.40 €10.14

$9.02 €8.03

26.39%

Cappuccino

$3.03 €2.69

$2.24 €1.99

35.27%

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

$3.25 €2.89

$2.94 €2.62

10.54%

Water (0.33 liter bottle)

$2.32 €2.07

$2.25 €2.00

3.11%

Local Beer (0.5 liter draught)

$3.85 €3.42

$3.28 €2.92

17.38%

Imported Beer (0.33 liter bottle)

$4.82 €4.29

$4.45 €3.96

8.31%

Milk (1 liter)

$1.32 €1.18

$1.25 €1.11

5.60%

White Bread (500g)

$1.61 €1.43

$1.44 €1.28

11.81%

Rice (white) (1kg)

$1.75 €1.56

$1.73 €1.54

1.16%

Eggs

$4.06 €3.61

$3.36 €2.99

20.83%

Local Cheese (1kg)

$16.34 €14.54

$17.18 €15.28

-4.89%

Chicken Fillets (1kg)

$9.61 €8.55

$7.41 €6.59

29.69%

Beef Round Steak (1kg)

$17.43 €15.50

$15.20 €13.52

14.67%

Apples (1kg)

$2.63 €2.34

$2.50 €2.22

5.20%

Banana (1kg)

$2.18 €1.93

$2.07 €1.84

5.31%

Oranges (1kg)

$2.50 €2.22

$1.85 €1.64

35.14%

Tomato (1kg)

$2.60 €2.32

$2.41 €2.14

7.88%

Potato (1kg)

$2.25 €2.01

$2.00 €1.78

12.50%

Onion (1kg)

$2.08 €1.85

$2.24 €1.99

-7.14%

Lettuce (1 head)

$1.56 €1.39

$1.03 €0.91

51.46%

Water (1.5 liter bottle)

$1.08 €0.96

$0.74 €0.66

45.95%

Cigarettes 20 Pack (Marlboro, Camel)

$6.70 €5.96

$6.56 €5.83

2.13%

Wine (Bottle)

$7.82 €6.95

$4.84 €4.31

61.57%

Local Beer (0.5 liter bottle)

$1.22 €1.08

$1.09 €0.97

11.93%

Imported Beer (0.33 liter bottle)

$2.25 €2.00

$1.62 €1.44

38.89%

One-way Ticket (Public Transport)

$1.63 €1.45

$1.82 €1.62

-10.44%

Public Transport Monthly Pass (Regular Price)

$37.72 €33.56

$39.22 €34.89

-3.82%

Taxi Start (Normal Tariff)

$3.81 €3.39

$5.75 €5.11

-33.74%

Taxi (Normal Tariff) (1km)

$1.49 €1.33

$2.18 €1.94

-31.65%

Taxi 1hour Waiting (Normal Tariff)

$29.99 €26.68

$28.32 €25.19

5.90%

Gasoline (1 liter)

$1.79 €1.59

$1.76 €1.57

1.70%

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

$33.7K €29.9K

$36.0K €32.0K

-6.45%

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

$33.3K €29.6K

$32.2K €28.6K

3.44%

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

$190 €169

$163 €145

16.61%

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

$17.57 €15.63

$12.69 €11.29

38.46%

Internet (50+ Mbps, Unlimited Data)

$35.34 €31.43

$27.04 €24.05

30.70%

Gym Membership (Monthly)

$49.52 €44.04

$44.61 €39.68

11.01%

Tennis Court (1 Hour on Weekend)

$18.20 €16.19

$20.08 €17.86

-9.36%

Cinema Ticket

$11.09 €9.87

$9.06 €8.05

22.41%

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

$684 €609

$339 €302

101.71%

International Primary School, 1 Child (Yearly)

$18.2K €16.2K

$7,963 €7,083

128.82%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$65.1 €57.9

34.73%

Summer Dress (H&M, Zara, etc)

$42.06 €37.41

$32.34 €28.77

30.06%

Sport Shoes (Adidas, Nike)

$111 €98.3

$75.4 €67.1

46.51%

Men's Leather Business Shoes

$113 €100

$90.7 €80.7

24.36%

1-bedroom Apartment, City Center (Monthly)

$1,509 €1,342

$870 €774

73.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,162 €1,034

$715 €636

62.46%

3-bedroom Apartment, City Center (Monthly)

$2,804 €2,494

$1,244 €1,107

125.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,867 €1,661

$952 €847

96.14%

Buy Apartment in City Center (m2)

$9,017 €8,021

$3,316 €2,950

171.89%

Buy Apartment Outside City Center (m2)

$4,294 €3,819

$2,261 €2,012

89.86%

Average Monthly Net Salary (After Tax)

$2,495 €2,219

$1,815 €1,615

37.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.14

3.32

-5.42%

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

Last update for Madrid: October 18, 2026

Last update for Granada: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Madrid

$1.2K 51.3%

Granada

$715 43.1% 38.4% $447

Groceries & Markets

Madrid

$308 13.6%

Granada

$268 16.1% 13% $40

Eating Out

Madrid

$266 11.8%

Granada

$228 13.7% 14.4% $38

Monthly Utilities & Internet

Madrid

$243 10.7%

Granada

$203 12.2% 16.6% $40

Clothing & Footwear

Madrid

$159 7%

Granada

$119 7.2% 25.3% $40

Sport & Entertainment

Madrid

$72 3.2%

Granada

$63 3.8% 12.5% $9

Getting Around

Madrid

$56 2.5%

Granada

$63 3.8% 13.7% $7.6

Cost Breakdown

A central one-bedroom costs $1,509 in Madrid versus $870 in Granada. 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 37% 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 $66.0 in Madrid versus $39.00 in Granada. Monthly groceries follow the same trend: $308 vs $268 – making Granada the more affordable choice for daily food spending.

Good to know

🇪🇸 Madrid

🇪🇸 Granada

🕒 Local time

14:29 2:29 PM

Same time as Madrid

🌤 Weather

👥 Population

3,332,035 Capital

230,595

💱 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

Madrid vs Granada: Cost of Living - Frequently Asked Questions

Madrid costs about 37% more than Granada, and outside of rent the gap comes mainly from clothing. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,398 per month in Madrid and $2,488 in Granada. 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 15% 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 $66.0 in Madrid and $39.00 in Granada. 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 $1,658, 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 $1,658 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.