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

😐 Solo nomad: Madrid is 8.3% more expensive than Ibiza without rent, and 28.4% cheaper with rent.

😐 Family of 3: Madrid is 8% more expensive than Ibiza without rent, and 14.2% cheaper with rent.

Meal at Budget Restaurant

$17.03 €14.7

$17.17 €14.83

-0.82%

Three-Course Dinner for Two, Mid-Range

$70.3 €60.7

$68.4 €59

2.84%

Fast Food Meal (McDonalds, etc)

$11.77 €10.16

$11.75 €10.15

0.17%

Cappuccino

$3.21 €2.77

$2.55 €2.2

25.88%

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

$3.18 €2.75

$2.96 €2.56

7.43%

Water (0.33 liter bottle)

$2.1 €1.82

$1.46 €1.26

43.84%

Local Beer (0.5 liter draught)

$4.13 €3.56

$3.56 €3.08

16.01%

Imported Beer (0.33 liter bottle)

$4.49 €3.88

$3.72 €3.21

20.70%

Milk (1 liter)

$1.23 €1.07

$1.36 €1.17

-9.56%

White Bread (500g)

$1.63 €1.41

$3.56 €3.07

-54.21%

Rice (white) (1kg)

$1.64 €1.41

$1.41 €1.22

16.31%

Eggs

$3.34 €2.89

$2.9 €2.51

15.17%

Local Cheese (1kg)

$14.88 €12.84

$20.73 €17.9

-28.22%

Chicken Fillets (1kg)

$9.04 €7.81

$8.55 €7.38

5.73%

Beef Round Steak (1kg)

$16.8 €14.5

$15.1 €13.04

11.26%

Apples (1kg)

$2.73 €2.35

$2.57 €2.22

6.23%

Banana (1kg)

$2.15 €1.86

$1.97 €1.7

9.14%

Oranges (1kg)

$2.5 €2.16

$1.92 €1.66

30.21%

Tomato (1kg)

$2.67 €2.31

$2.69 €2.32

-0.74%

Potato (1kg)

$2.14 €1.85

$1.78 €1.54

20.22%

Onion (1kg)

$2.16 €1.87

$1.99 €1.72

8.54%

Lettuce (1 head)

$1.35 €1.17

$1.4 €1.2

-3.57%

Water (1.5 liter bottle)

$0.93 €0.81

$0.33 €0.29

181.82%

Cigarettes 20 Pack (Marlboro, Camel)

$7.12 €6.15

$5.47 €4.73

30.16%

Wine (Bottle)

$7.96 €6.87

$5.7 €4.92

39.65%

Local Beer (0.5 liter bottle)

$1.39 €1.2

$1.44 €1.24

-3.47%

Imported Beer (0.33 liter bottle)

$2.27 €1.96

$1.66 €1.43

36.75%

One-way Ticket (Public Transport)

$1.71 €1.47

$2.39 €2.06

-28.45%

Public Transport Monthly Pass (Regular Price)

$48.37 €41.77

$34.14 €29.47

41.68%

Taxi Start (Normal Tariff)

$4.15 €3.59

$4.4 €3.8

-5.68%

Taxi (Normal Tariff) (1km)

$1.34 €1.15

$1.28 €1.1

4.69%

Taxi 1hour Waiting (Normal Tariff)

$28.54 €24.64

$25.98 €22.43

9.85%

Gasoline (1 liter)

$1.86 €1.6

$1.85 €1.6

0.54%

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

$37.9K €32.7K

$38.8K €33.5K

-2.41%

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

$34.2K €29.5K

$30.3K €26.2K

12.85%

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

$191 €165

$237 €205

-19.37%

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

$21.25 €18.35

$22.77 €19.66

-6.68%

Internet (50+ Mbps, Unlimited Data)

$35.96 €31.05

$32.09 €27.71

12.06%

Gym Membership (Monthly)

$54 €46.59

$87.9 €75.9

-38.62%

Tennis Court (1 Hour on Weekend)

$17.96 €15.51

$14.81 €12.79

21.27%

Cinema Ticket

$11.51 €9.94

$9.6 €8.29

19.90%

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

$674 €582

$404 €349

66.65%

International Primary School, 1 Child (Yearly)

$11.8K €10.2K

$7,587 €6,550

56.04%

Jeans (Levis 501 Or Similar)

$95.7 €82.6

$73 €63.1

31.07%

Summer Dress (H&M, Zara, etc)

$41.6 €35.92

$56 €48.37

-25.75%

Sport Shoes (Adidas, Nike)

$105 €91.1

$84.9 €73.3

24.31%

Men's Leather Business Shoes

$132 €114

$162 €140

-18.64%

1-bedroom Apartment, City Center (Monthly)

$1,561 €1,348

$2,323 €2,006

-32.78%

1-bedroom Apartment, Outside City Center (Monthly)

$1,109 €958

$2,065 €1,783

-46.27%

3-bedroom Apartment, City Center (Monthly)

$2,840 €2,452

$2,683 €2,316

5.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,884 €1,626

$2,542 €2,195

-25.89%

Buy Apartment in City Center (m2)

$8,381 €7,236

$6,120 €5,284

36.95%

Buy Apartment Outside City Center (m2)

$4,938 €4,263

$2,812 €2,427

75.63%

Average Monthly Net Salary (After Tax)

$2,579 €2,227

$2,002 €1,729

28.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.5

-2.00%

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

Last update for Madrid: October 29, 2025

Last update for Ibiza: October 29, 2025

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