Last update: Oct 2026

Cost of Living Comparison Between Madrid and Larnaca

For one person, living is cheaper in Larnaca: $1,727 a month against $2,304 in Madrid, rent and utilities included – about $6,900 less a year. Rent and utilities account for most of the difference.

111

Cost of Living Index in Madrid
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Madrid Living Index
83

Cost of Living Index in Larnaca
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Larnaca Living Index

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Madrid

🇪🇸 Spain

$2,304

/mo nomad

Larnaca

🇨🇾 Cyprus

$1,727

/mo nomad

Monthly Cost of Living

How much you'll spend in Madrid and in Larnaca

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Madrid and in Larnaca actually costs, broken down by who's living it.

A single person spends $2,304 per month in Madrid vs $1,727 in Larnaca, rent included.

Madrid $2,304
Larnaca $1,727

A couple spends around $3,389 per month in Madrid vs $2,598 in Larnaca, rent included.

Madrid $3,389
Larnaca $2,598

A family of three spends $4,475 per month in Madrid vs $3,470 in Larnaca, rent included.

Madrid $4,475
Larnaca $3,470

Madrid costs about 33% more than Larnaca, and outside of rent the biggest gap is in eating out.

Both Madrid and Larnaca sit above the global median – Madrid by 69%, Larnaca by 27%.

Meal at Budget Restaurant

$17.73 €15.89

$13.53 €12.13

31.04%

Three-Course Dinner for Two, Mid-Range

$66.9 €59.9

$52.3 €46.87

27.81%

Fast Food Meal (McDonalds, etc)

$11.30 €10.13

$7.77 €6.96

45.43%

Cappuccino

$3.04 €2.73

$3.76 €3.37

-19.15%

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

$3.36 €3.01

$1.64 €1.47

104.88%

Water (0.33 liter bottle)

$2.35 €2.11

$1.04 €0.93

125.96%

Local Beer (0.5 liter draught)

$3.89 €3.49

$3.27 €2.93

18.96%

Imported Beer (0.33 liter bottle)

$4.80 €4.30

$4.53 €4.06

5.96%

Milk (1 liter)

$1.32 €1.18

$1.69 €1.52

-21.89%

White Bread (500g)

$1.64 €1.47

$2.09 €1.87

-21.53%

Rice (white) (1kg)

$1.72 €1.54

$2.87 €2.57

-40.07%

Eggs

$4.20 €3.77

$4.29 €3.85

-2.10%

Local Cheese (1kg)

$15.91 €14.25

$13.91 €12.47

14.38%

Chicken Fillets (1kg)

$9.36 €8.39

$8.77 €7.86

6.73%

Beef Round Steak (1kg)

$17.21 €15.42

$11.56 €10.36

48.88%

Apples (1kg)

$2.56 €2.30

$2.64 €2.37

-3.03%

Banana (1kg)

$2.09 €1.88

$2.35 €2.11

-11.06%

Oranges (1kg)

$2.55 €2.28

$1.62 €1.45

57.41%

Tomato (1kg)

$2.58 €2.31

$2.67 €2.39

-3.37%

Potato (1kg)

$2.31 €2.07

$1.37 €1.23

68.61%

Onion (1kg)

$2.17 €1.94

$1.19 €1.07

82.35%

Lettuce (1 head)

$1.50 €1.35

$0.93 €0.83

61.29%

Water (1.5 liter bottle)

$1.07 €0.96

$1.05 €0.94

1.90%

Cigarettes 20 Pack (Marlboro, Camel)

$6.57 €5.88

$5.73 €5.13

14.66%

Wine (Bottle)

$7.87 €7.05

$7.65 €6.85

2.88%

Local Beer (0.5 liter bottle)

$1.21 €1.09

$1.86 €1.67

-34.95%

Imported Beer (0.33 liter bottle)

$2.17 €1.94

$2.53 €2.26

-14.23%

One-way Ticket (Public Transport)

$1.67 €1.50

$2.62 €2.35

-36.26%

Public Transport Monthly Pass (Regular Price)

$37.53 €33.63

$56.5 €50.6

-33.58%

Taxi Start (Normal Tariff)

$3.76 €3.37

$7.32 €6.56

-48.63%

Taxi (Normal Tariff) (1km)

$1.49 €1.33

$2.22 €1.99

-32.88%

Taxi 1hour Waiting (Normal Tariff)

$30.17 €27.03

$22.79 €20.43

32.38%

Gasoline (1 liter)

$1.85 €1.65

$1.68 €1.51

10.12%

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

$33.9K €30.4K

$32.3K €29.0K

4.76%

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

$33.3K €29.9K

$32.4K €29.0K

2.82%

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

$192 €172

$183 €164

4.51%

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

$17.66 €15.82

$18.61 €16.68

-5.10%

Internet (50+ Mbps, Unlimited Data)

$35.07 €31.43

$30.32 €27.17

15.67%

Gym Membership (Monthly)

$47.27 €42.36

$62.8 €56.3

-24.77%

Tennis Court (1 Hour on Weekend)

$18.23 €16.33

$24.07 €21.56

-24.26%

Cinema Ticket

$11.29 €10.12

$11.39 €10.20

-0.88%

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

$687 €616

$383 €344

79.17%

International Primary School, 1 Child (Yearly)

$18.0K €16.1K

$7,267 €6,512

147.46%

Jeans (Levis 501 Or Similar)

$86.5 €77.6

$64.9 €58.2

33.30%

Summer Dress (H&M, Zara, etc)

$41.65 €37.32

$32.56 €29.18

27.92%

Sport Shoes (Adidas, Nike)

$108 €96.9

$68.6 €61.4

57.70%

Men's Leather Business Shoes

$112 €100

$91.4 €81.9

22.07%

1-bedroom Apartment, City Center (Monthly)

$1,508 €1,351

$996 €893

51.40%

1-bedroom Apartment, Outside City Center (Monthly)

$1,210 €1,084

$709 €635

70.65%

3-bedroom Apartment, City Center (Monthly)

$2,829 €2,535

$1,643 €1,472

72.19%

3-bedroom Apartment, Outside City Center (Monthly)

$2,004 €1,796

$1,229 €1,101

63.12%

Buy Apartment in City Center (m2)

$9,002 €8,066

$4,116 €3,688

118.69%

Buy Apartment Outside City Center (m2)

$4,710 €4,220

$2,348 €2,104

100.60%

Average Monthly Net Salary (After Tax)

$2,453 €2,199

$1,873 €1,678

31.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.14

4.1

-23.41%

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

Last update for Madrid: October 24, 2026

Last update for Larnaca: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Madrid

$1.2K 52.5%

Larnaca

$709 41% 41.4% $501

Groceries & Markets

Madrid

$304 13.2%

Larnaca

$286 16.6% 5.9% $18

Eating Out

Madrid

$264 11.5%

Larnaca

$213 12.3% 19.4% $51

Monthly Utilities & Internet

Madrid

$244 10.6%

Larnaca

$232 13.5% 4.9% $12

Clothing & Footwear

Madrid

$157 6.8%

Larnaca

$116 6.7% 26% $41

Sport & Entertainment

Madrid

$70 3%

Larnaca

$86 5% 22.6% $16

Getting Around

Madrid

$55 2.4%

Larnaca

$85 5% 54.2% $30

Cost Breakdown

A central one-bedroom costs $1,508 in Madrid versus $996 in Larnaca. 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 31% 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 $67 in Madrid versus $52 in Larnaca. Monthly groceries follow the same trend: $304 vs $286 – making Larnaca the more affordable choice for daily food spending.

Good to know

🇪🇸 Madrid

🇨🇾 Larnaca

🕒 Local time

09:58 9:58 AM

10:58 10:58 AM

1 h ahead of Madrid

🌤 Weather

👥 Population

3,332,035 Capital

51,468

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Madrid Larnaca 3,320 km ≈ 4 h 45 min nonstop flight

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Madrid
Larnaca

Distances are measured in a straight line. Your location is detected approximately.

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 Larnaca: Cost of Living - Frequently Asked Questions

Madrid costs about 33% more than Larnaca, and outside of rent the gap comes mainly from eating out. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,456 per month in Madrid and $2,591 in Larnaca. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Larnaca, especially for central apartments: a one-bedroom in the center costs $996 there versus $1,508 in Madrid.

Groceries cost about 6% more in Madrid, though the gap depends on what you buy.

A mid-range dinner for two costs $67 in Madrid and $52 in Larnaca. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Larnaca, where all-in costs run around $1,727, than in Madrid at $2,304. In Larnaca it covers expenses comfortably, while in Madrid it requires careful planning or may not stretch far enough.

Families tend to lean toward Larnaca – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Larnaca. If higher salaries or specific career opportunities are the priority, Madrid makes more sense. Both are solid long-term options with distinct trade-offs.