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

Monthly Cost of Living

A single person spends $2,262 per month in Madrid vs $1,341 in Kingstown, rent included.

A couple spends around $3,324 per month in Madrid vs $2,121 in Kingstown, rent included.

A family of three spends $4,387 per month in Madrid vs $2,902 in Kingstown, rent included.

Madrid costs about 69% more than Kingstown, driven mainly by Groceries & Markets.

Both Madrid and Kingstown sit above the global median – Madrid by 70%, Kingstown by 1%.

Meal at Budget Restaurant

$17.70 €15.43

$7.43 EC$20.06

138.22%

Three-Course Dinner for Two, Mid-Range

$69.7 €60.8

$71.0 EC$192

-1.79%

Fast Food Meal (McDonalds, etc)

$11.96 €10.43

$11.26 EC$30.41

6.22%

Cappuccino

$3.15 €2.75

$3.40 EC$9.18

-7.35%

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

$3.11 €2.71

$2.16 EC$5.84

43.98%

Water (0.33 liter bottle)

$2.22 €1.94

$2.05 EC$5.54

8.29%

Local Beer (0.5 liter draught)

$4.15 €3.62

$1.80 EC$4.85

130.56%

Imported Beer (0.33 liter bottle)

$4.49 €3.92

$2.16 EC$5.84

107.87%

Milk (1 liter)

$1.25 €1.09

$3.15 EC$8.50

-60.32%

White Bread (500g)

$1.70 €1.48

$1.99 EC$5.37

-14.57%

Rice (white) (1kg)

$1.70 €1.48

$1.71 EC$4.61

-0.58%

Eggs

$3.51 €3.06

$4.53 EC$12.23

-22.52%

Local Cheese (1kg)

$15.07 €13.14

$11.53 EC$31.13

30.70%

Chicken Fillets (1kg)

$9.24 €8.06

$4.74 EC$12.80

94.94%

Beef Round Steak (1kg)

$17.07 €14.88

$12.20 EC$32.95

39.92%

Apples (1kg)

$2.75 €2.39

$8.62 EC$23.27

-68.10%

Banana (1kg)

$2.14 €1.87

$2.95 EC$7.98

-27.46%

Oranges (1kg)

$2.49 €2.17

$9.10 EC$24.58

-72.64%

Tomato (1kg)

$2.75 €2.40

$5.13 EC$13.86

-46.39%

Potato (1kg)

$2.14 €1.87

$4.02 EC$10.84

-46.77%

Onion (1kg)

$2.18 €1.90

$3.22 EC$8.71

-32.30%

Lettuce (1 head)

$1.38 €1.21

$4.28 EC$11.56

-67.76%

Water (1.5 liter bottle)

$0.92 €0.80

$2.93 EC$7.90

-68.60%

Cigarettes 20 Pack (Marlboro, Camel)

$6.95 €6.06

$4.17 EC$11.25

66.67%

Wine (Bottle)

$7.91 €6.90

$16.34 EC$44.13

-51.59%

Local Beer (0.5 liter bottle)

$1.38 €1.20

$2.18 EC$5.88

-36.70%

Imported Beer (0.33 liter bottle)

$2.24 €1.96

$2.41 EC$6.49

-7.05%

One-way Ticket (Public Transport)

$1.79 €1.56

$1.18 EC$3.19

51.69%

Public Transport Monthly Pass (Regular Price)

$48.65 €42.41

$50.3 EC$136

-3.28%

Taxi Start (Normal Tariff)

$4.03 €3.52

$11.16 EC$30.14

-63.89%

Taxi (Normal Tariff) (1km)

$1.33 €1.16

$1.83 EC$4.93

-27.32%

Taxi 1hour Waiting (Normal Tariff)

$29.16 €25.42

$29.19 EC$78.8

-0.10%

Gasoline (1 liter)

$1.84 €1.60

$3.17 EC$8.57

-41.96%

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

$38.1K €33.2K

$38.0K EC$102.7K

0.15%

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

$33.4K €29.2K

$30.1K EC$81.2K

11.22%

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

$189 €165

$73.6 EC$199

156.69%

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

$21.62 €18.85

$28.47 EC$76.9

-24.06%

Internet (50+ Mbps, Unlimited Data)

$35.96 €31.35

$54.5 EC$147

-34.01%

Gym Membership (Monthly)

$53.1 €46.28

$32.41 EC$87.5

63.81%

Tennis Court (1 Hour on Weekend)

$18.13 €15.80

$4.74 EC$12.81

282.49%

Cinema Ticket

$11.47 €10.00

$4.59 EC$12.39

149.89%

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

$662 €578

$121 EC$326

449.44%

International Primary School, 1 Child (Yearly)

$11.9K €10.3K

Jeans (Levis 501 Or Similar)

$97.2 €84.7

$80.7 EC$218

20.48%

Summer Dress (H&M, Zara, etc)

$43.05 €37.53

$67.0 EC$181

-35.78%

Sport Shoes (Adidas, Nike)

$105 €91.2

$92.4 EC$249

13.27%

Men's Leather Business Shoes

$133 €116

$85.6 EC$231

55.64%

1-bedroom Apartment, City Center (Monthly)

$1,561 €1,361

$327 EC$882

377.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,129 €985

$324 EC$874

248.74%

3-bedroom Apartment, City Center (Monthly)

$2,850 €2,484

$557 EC$1,504

411.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,868 €1,629

$472 EC$1,275

295.69%

Buy Apartment in City Center (m2)

$9,099 €7,933

$592 EC$1,598

1437.08%

Buy Apartment Outside City Center (m2)

$4,243 €3,699

$609 EC$1,644

596.94%

Average Monthly Net Salary (After Tax)

$2,471 €2,154

$1,051 EC$2,838

135.07%

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: July 28, 2026

Last update for Kingstown: July 27, 2026

Cost Breakdown

A central one-bedroom costs $1,561 in Madrid versus $327 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 135% 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 $70.0 in Madrid versus $71.0 in Kingstown. Monthly groceries follow the same trend: $298 vs $413 – 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 69%, 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 $3,393 per month in Madrid and $2,011 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 3% less in Kingstown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $662 per month in Madrid and $121 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 $1,341, than in Madrid at $2,262. 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.