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

Monthly Cost of Living

A single person spends $2,270 per month in Madrid vs $1,326 in Kingstown, rent included.

A couple spends around $3,352 per month in Madrid vs $2,081 in Kingstown, rent included.

A family of three spends $4,434 per month in Madrid vs $2,836 in Kingstown, rent included.

Madrid costs about 71% more than Kingstown, driven mainly by Groceries & Markets.

Madrid sits 69% above the global median, while Kingstown is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.07 €14.80

$7.60 EC$20.51

124.61%

Three-Course Dinner for Two, Mid-Range

$69.5 €60.2

$70.2 EC$190

-1.05%

Fast Food Meal (McDonalds, etc)

$11.92 €10.33

$10.94 EC$29.55

8.96%

Cappuccino

$3.09 €2.68

$3.26 EC$8.79

-5.21%

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

$3.10 €2.69

$2.15 EC$5.81

44.19%

Water (0.33 liter bottle)

$2.11 €1.83

$2.01 EC$5.42

4.98%

Local Beer (0.5 liter draught)

$4.14 €3.59

$1.87 EC$5.04

121.39%

Imported Beer (0.33 liter bottle)

$4.60 €3.99

$2.21 EC$5.95

108.14%

Milk (1 liter)

$1.19 €1.03

$3.27 EC$8.82

-63.61%

White Bread (500g)

$1.70 €1.47

$1.98 EC$5.35

-14.14%

Rice (white) (1kg)

$1.70 €1.47

$1.70 EC$4.60

Eggs

$3.48 €3.02

$4.49 EC$12.13

-22.49%

Local Cheese (1kg)

$14.73 €12.77

$11.70 EC$31.59

25.90%

Chicken Fillets (1kg)

$9.07 €7.86

$4.91 EC$13.27

84.73%

Beef Round Steak (1kg)

$16.75 €14.52

$12.37 EC$33.41

35.41%

Apples (1kg)

$2.61 €2.27

$8.68 EC$23.43

-69.93%

Banana (1kg)

$2.22 €1.92

$2.91 EC$7.86

-23.71%

Oranges (1kg)

$2.51 €2.17

$8.98 EC$24.24

-72.05%

Tomato (1kg)

$2.75 €2.38

$5.24 EC$14.16

-47.52%

Potato (1kg)

$2.14 €1.85

$4.04 EC$10.92

-47.03%

Onion (1kg)

$2.13 €1.85

$3.23 EC$8.73

-34.06%

Lettuce (1 head)

$1.39 €1.20

$4.16 EC$11.22

-66.59%

Water (1.5 liter bottle)

$0.97 €0.84

$2.92 EC$7.89

-66.78%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 €5.88

$4.18 EC$11.29

62.44%

Wine (Bottle)

$8.02 €6.95

$16.69 EC$45.06

-51.95%

Local Beer (0.5 liter bottle)

$1.44 €1.25

$2.16 EC$5.82

-33.33%

Imported Beer (0.33 liter bottle)

$2.25 €1.95

$2.37 EC$6.41

-5.06%

One-way Ticket (Public Transport)

$1.76 €1.53

$1.17 EC$3.16

50.43%

Public Transport Monthly Pass (Regular Price)

$49.48 €42.89

$50.3 EC$136

-1.59%

Taxi Start (Normal Tariff)

$4.11 €3.57

$11.19 EC$30.21

-63.27%

Taxi (Normal Tariff) (1km)

$1.39 €1.20

$1.81 EC$4.88

-23.20%

Taxi 1hour Waiting (Normal Tariff)

$29.01 €25.14

$29.45 EC$79.5

-1.49%

Gasoline (1 liter)

$1.87 €1.62

$3.19 EC$8.62

-41.38%

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

$37.6K €32.6K

$38.6K EC$104.2K

-2.54%

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

$34.1K €29.5K

$29.9K EC$80.8K

13.85%

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

$195 €169

$74.3 EC$201

161.80%

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

$21.25 €18.42

$28.22 EC$76.2

-24.70%

Internet (50+ Mbps, Unlimited Data)

$35.75 €30.99

$55.7 EC$150

-35.79%

Gym Membership (Monthly)

$52.8 €45.74

$32.20 EC$86.9

63.91%

Tennis Court (1 Hour on Weekend)

$17.91 €15.53

$4.51 EC$12.18

297.12%

Cinema Ticket

$11.72 €10.15

$4.67 EC$12.60

150.96%

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

$680 €589

$120 EC$324

466.51%

International Primary School, 1 Child (Yearly)

$12.3K €10.6K

Jeans (Levis 501 Or Similar)

$95.8 €83.1

$81.5 EC$220

17.67%

Summer Dress (H&M, Zara, etc)

$42.50 €36.84

$65.1 EC$176

-34.72%

Sport Shoes (Adidas, Nike)

$106 €92.0

$94.3 EC$254

12.57%

Men's Leather Business Shoes

$137 €118

$85.3 EC$230

60.26%

1-bedroom Apartment, City Center (Monthly)

$1,609 €1,394

$334 EC$902

381.29%

1-bedroom Apartment, Outside City Center (Monthly)

$1,138 €986

$319 EC$862

256.16%

3-bedroom Apartment, City Center (Monthly)

$2,792 €2,419

$566 EC$1,528

393.30%

3-bedroom Apartment, Outside City Center (Monthly)

$1,915 €1,660

$476 EC$1,285

302.39%

Buy Apartment in City Center (m2)

$8,893 €7,708

$593 EC$1,602

1399.17%

Buy Apartment Outside City Center (m2)

$4,347 €3,767

$588 EC$1,588

638.98%

Average Monthly Net Salary (After Tax)

$2,584 €2,240

$1,061 EC$2,865

143.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

7.5

-54.27%

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

Last update for Madrid: June 6, 2026

Last update for Kingstown: June 7, 2026

Cost Breakdown

A central one-bedroom costs $1,609 in Madrid versus $334 in Kingstown. 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 144% 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 $69.0 in Madrid versus $70.0 in Kingstown. Monthly groceries follow the same trend: $295 vs $416 – 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

Madrid vs Kingstown: Cost of Living - Frequently Asked Questions

Yes – Madrid is pricier by about 71%, 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 $3,406 per month in Madrid and $1,990 in Kingstown. 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 2% less in Kingstown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $680 per month in Madrid and $120 in Kingstown. 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 $1,326, than in Madrid at $2,270. 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.