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

Monthly Cost of Living

A single person spends $2,265 per month in Madrid vs $1,305 in Kingstown, rent included.

A couple spends around $3,314 per month in Madrid vs $2,071 in Kingstown, rent included.

A family of three spends $4,362 per month in Madrid vs $2,837 in Kingstown, rent included.

Madrid costs about 74% more than Kingstown, driven mainly by Groceries & Markets.

Madrid sits 69% above the global median, while Kingstown is 3% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.39 €14.84

$7.55 EC$20.38

130.33%

Three-Course Dinner for Two, Mid-Range

$68.5 €58.4

$70.4 EC$190

-2.78%

Fast Food Meal (McDonalds, etc)

$11.66 €9.95

$11.17 EC$30.15

4.39%

Cappuccino

$3.09 €2.64

$3.29 EC$8.88

-6.08%

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

$3.06 €2.61

$2.16 EC$5.84

41.67%

Water (0.33 liter bottle)

$2.21 €1.89

$2.09 EC$5.66

5.74%

Local Beer (0.5 liter draught)

$4.01 €3.42

$1.81 EC$4.89

121.55%

Imported Beer (0.33 liter bottle)

$4.53 €3.86

$2.16 EC$5.82

109.72%

Milk (1 liter)

$1.20 €1.03

$3.23 EC$8.72

-62.85%

White Bread (500g)

$1.68 €1.43

$2.10 EC$5.67

-20.00%

Rice (white) (1kg)

$1.72 €1.47

$1.65 EC$4.45

4.24%

Eggs

$3.40 €2.90

$4.55 EC$12.29

-25.27%

Local Cheese (1kg)

$15.03 €12.82

$11.43 EC$30.86

31.50%

Chicken Fillets (1kg)

$8.78 €7.49

$4.77 EC$12.88

84.07%

Beef Round Steak (1kg)

$17.18 €14.66

$12.33 EC$33.30

39.33%

Apples (1kg)

$2.64 €2.25

$8.95 EC$24.15

-70.50%

Banana (1kg)

$2.15 €1.83

$2.91 EC$7.86

-26.12%

Oranges (1kg)

$2.55 €2.17

$9.11 EC$24.58

-72.01%

Tomato (1kg)

$2.76 €2.35

$5.35 EC$14.45

-48.41%

Potato (1kg)

$2.12 €1.81

$3.98 EC$10.74

-46.73%

Onion (1kg)

$2.13 €1.82

$3.24 EC$8.75

-34.26%

Lettuce (1 head)

$1.38 €1.18

$4.11 EC$11.10

-66.42%

Water (1.5 liter bottle)

$0.97 €0.83

$2.98 EC$8.06

-67.45%

Cigarettes 20 Pack (Marlboro, Camel)

$7.11 €6.07

$4.13 EC$11.16

72.15%

Wine (Bottle)

$8.10 €6.91

$16.41 EC$44.30

-50.64%

Local Beer (0.5 liter bottle)

$1.38 €1.18

$2.17 EC$5.86

-36.41%

Imported Beer (0.33 liter bottle)

$2.16 €1.84

$2.40 EC$6.49

-10.00%

One-way Ticket (Public Transport)

$1.69 €1.44

$1.18 EC$3.18

43.22%

Public Transport Monthly Pass (Regular Price)

$48.75 €41.59

$50.6 EC$137

-3.69%

Taxi Start (Normal Tariff)

$4.16 €3.55

$11.00 EC$29.69

-62.18%

Taxi (Normal Tariff) (1km)

$1.32 €1.12

$1.86 EC$5.03

-29.03%

Taxi 1hour Waiting (Normal Tariff)

$28.53 €24.34

$29.79 EC$80.4

-4.23%

Gasoline (1 liter)

$1.92 €1.64

$3.18 EC$8.59

-39.62%

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

$37.8K €32.3K

$38.5K EC$104.0K

-1.78%

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

$33.3K €28.4K

$30.8K EC$83.0K

8.19%

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

$188 €161

$73.3 EC$198

157.03%

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

$21.76 €18.56

$29.14 EC$78.7

-25.33%

Internet (50+ Mbps, Unlimited Data)

$35.31 €30.12

$54.9 EC$148

-35.64%

Gym Membership (Monthly)

$52.8 €45.05

$32.55 EC$87.9

62.24%

Tennis Court (1 Hour on Weekend)

$18.10 €15.44

$4.69 EC$12.66

285.93%

Cinema Ticket

$11.60 €9.89

$4.73 EC$12.77

145.24%

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

$677 €578

$122 EC$329

455.17%

International Primary School, 1 Child (Yearly)

$12.1K €10.3K

Jeans (Levis 501 Or Similar)

$94.9 €80.9

$79.2 EC$214

19.77%

Summer Dress (H&M, Zara, etc)

$41.98 €35.81

$65.2 EC$176

-35.61%

Sport Shoes (Adidas, Nike)

$104 €89.0

$91.6 EC$247

13.87%

Men's Leather Business Shoes

$135 €115

$86.1 EC$232

57.01%

1-bedroom Apartment, City Center (Monthly)

$1,578 €1,346

$333 EC$900

373.31%

1-bedroom Apartment, Outside City Center (Monthly)

$1,115 €951

$324 EC$874

244.44%

3-bedroom Apartment, City Center (Monthly)

$2,765 €2,359

$549 EC$1,483

403.47%

3-bedroom Apartment, Outside City Center (Monthly)

$1,879 €1,603

$486 EC$1,312

286.68%

Buy Apartment in City Center (m2)

$9,202 €7,849

$589 EC$1,590

1462.66%

Buy Apartment Outside City Center (m2)

$4,488 €3,829

$597 EC$1,611

652.37%

Average Monthly Net Salary (After Tax)

$2,586 €2,206

$1,033 EC$2,789

150.35%

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: April 20, 2026

Last update for Kingstown: April 21, 2026

Cost Breakdown

A central one-bedroom costs $1,578 in Madrid versus $333 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 150% 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 $68 in Madrid versus $70 in Kingstown. Monthly groceries follow the same trend: $295 vs $418 – 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 74%, 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 $3,398 per month in Madrid and $1,958 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 4% less in Kingstown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $677 per month in Madrid and $122 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 $1,305, than in Madrid at $2,265. 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.