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

🙂 Solo nomad: Madrid is 8% cheaper than Ibiza without rent, and 29.7% cheaper with rent.

🙂 Family of 3: Madrid is 10% cheaper than Ibiza without rent, and 11% cheaper with rent.

Meal at Budget Restaurant

$17.20 €14.82

$17.57 €15.15

-2.11%

Three-Course Dinner for Two, Mid-Range

$68.6 €59.1

$70.3 €60.6

-2.40%

Fast Food Meal (McDonalds, etc)

$12.05 €10.39

$11.54 €9.95

4.42%

Cappuccino

$3.05 €2.63

$2.56 €2.21

19.14%

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

$3.18 €2.74

$2.95 €2.54

7.80%

Water (0.33 liter bottle)

$2.10 €1.81

$1.53 €1.32

37.25%

Local Beer (0.5 liter draught)

$4.15 €3.58

$3.42 €2.95

21.35%

Imported Beer (0.33 liter bottle)

$4.64 €4.00

$3.72 €3.21

24.73%

Milk (1 liter)

$1.18 €1.02

$1.42 €1.22

-16.90%

White Bread (500g)

$1.68 €1.45

$3.39 €2.92

-50.44%

Rice (white) (1kg)

$1.71 €1.47

$1.35 €1.17

26.67%

Eggs

$3.36 €2.89

$2.84 €2.45

18.31%

Local Cheese (1kg)

$14.58 €12.57

$21.20 €18.27

-31.23%

Chicken Fillets (1kg)

$9.04 €7.79

$8.25 €7.11

9.58%

Beef Round Steak (1kg)

$16.76 €14.45

$15.15 €13.06

10.63%

Apples (1kg)

$2.67 €2.30

$2.44 €2.11

9.43%

Banana (1kg)

$2.21 €1.91

$2.04 €1.76

8.33%

Oranges (1kg)

$2.57 €2.21

$1.97 €1.70

30.46%

Tomato (1kg)

$2.78 €2.40

$2.56 €2.20

8.59%

Potato (1kg)

$2.05 €1.77

$1.80 €1.55

13.89%

Onion (1kg)

$2.17 €1.87

$2.01 €1.73

7.96%

Lettuce (1 head)

$1.41 €1.21

$1.36 €1.17

3.68%

Water (1.5 liter bottle)

$0.93 €0.80

$0.34 €0.29

173.53%

Cigarettes 20 Pack (Marlboro, Camel)

$6.87 €5.92

$5.47 €4.71

25.59%

Wine (Bottle)

$8.06 €6.95

$5.74 €4.94

40.42%

Local Beer (0.5 liter bottle)

$1.46 €1.26

$1.39 €1.19

5.04%

Imported Beer (0.33 liter bottle)

$2.19 €1.89

$1.64 €1.41

33.54%

One-way Ticket (Public Transport)

$1.71 €1.47

$2.45 €2.11

-30.20%

Public Transport Monthly Pass (Regular Price)

$48.40 €41.72

$34.25 €29.52

41.31%

Taxi Start (Normal Tariff)

$4.06 €3.50

$4.52 €3.90

-10.18%

Taxi (Normal Tariff) (1km)

$1.39 €1.20

$1.25 €1.08

11.20%

Taxi 1hour Waiting (Normal Tariff)

$29.08 €25.07

$25.93 €22.35

12.15%

Gasoline (1 liter)

$1.93 €1.67

$1.86 €1.61

3.76%

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

$37.1K €32.0K

$38.5K €33.2K

-3.62%

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

$34.3K €29.6K

$29.7K €25.6K

15.40%

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

$193 €166

$235 €202

-17.96%

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

$21.00 €18.10

$23.00 €19.82

-8.70%

Internet (50+ Mbps, Unlimited Data)

$34.84 €30.03

$31.38 €27.05

11.03%

Gym Membership (Monthly)

$53.3 €45.90

$87.0 €75.0

-38.78%

Tennis Court (1 Hour on Weekend)

$17.60 €15.17

$15.11 €13.03

16.48%

Cinema Ticket

$11.60 €10.00

$9.72 €8.38

19.34%

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

$672 €580

$404 €348

66.53%

International Primary School, 1 Child (Yearly)

$12.1K €10.5K

$7,606 €6,556

59.60%

Jeans (Levis 501 Or Similar)

$94.9 €81.8

$73.8 €63.6

28.48%

Summer Dress (H&M, Zara, etc)

$42.95 €37.02

$56.2 €48.44

-23.56%

Sport Shoes (Adidas, Nike)

$106 €91.7

$85.4 €73.6

24.61%

Men's Leather Business Shoes

$135 €116

$162 €139

-16.57%

1-bedroom Apartment, City Center (Monthly)

$1,578 €1,360

$2,336 €2,014

-32.46%

1-bedroom Apartment, Outside City Center (Monthly)

$1,137 €980

$2,088 €1,800

-45.56%

3-bedroom Apartment, City Center (Monthly)

$2,828 €2,437

$2,654 €2,287

6.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,914 €1,650

$2,488 €2,144

-23.08%

Buy Apartment in City Center (m2)

$8,728 €7,523

$6,713 €5,787

30.02%

Buy Apartment Outside City Center (m2)

$4,762 €4,105

$2,843 €2,450

67.51%

Average Monthly Net Salary (After Tax)

$2,613 €2,252

$2,072 €1,786

26.08%

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: January 13, 2026

Last update for Ibiza: January 13, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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