Cost of Living Comparison Between Madrid and Larnaca Cost of Living Comparison Between Madrid and Larnaca

Monthly Cost of Living

A single person spends $2,293 per month in Madrid vs $1,868 in Larnaca, rent included.

A couple spends around $3,370 per month in Madrid vs $2,830 in Larnaca, rent included.

A family of three spends $4,447 per month in Madrid vs $3,793 in Larnaca, rent included.

Madrid costs about 23% more than Larnaca, driven mainly by Clothing & Footwear.

Both Madrid and Larnaca sit above the global median – Madrid by 72%, Larnaca by 40%.

Meal at Budget Restaurant

$17.33 €15.14

$17.41 €15.22

-0.46%

Three-Course Dinner for Two, Mid-Range

$68.7 €60.0

$58.4 €51.0

17.68%

Fast Food Meal (McDonalds, etc)

$11.95 €10.44

$8.81 €7.70

35.64%

Cappuccino

$3.10 €2.71

$3.97 €3.47

-21.91%

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

$3.21 €2.80

$1.57 €1.37

104.46%

Water (0.33 liter bottle)

$2.14 €1.87

$0.90 €0.79

137.78%

Local Beer (0.5 liter draught)

$4.10 €3.58

$3.49 €3.05

17.48%

Imported Beer (0.33 liter bottle)

$4.55 €3.98

$4.41 €3.85

3.17%

Milk (1 liter)

$1.19 €1.04

$1.68 €1.47

-29.17%

White Bread (500g)

$1.71 €1.49

$2.08 €1.82

-17.79%

Rice (white) (1kg)

$1.72 €1.50

$3.19 €2.78

-46.08%

Eggs

$3.52 €3.07

$3.80 €3.32

-7.37%

Local Cheese (1kg)

$14.98 €13.09

$15.25 €13.32

-1.77%

Chicken Fillets (1kg)

$8.83 €7.72

$8.97 €7.84

-1.56%

Beef Round Steak (1kg)

$16.75 €14.63

$13.48 €11.78

24.26%

Apples (1kg)

$2.60 €2.27

$2.89 €2.53

-10.03%

Banana (1kg)

$2.22 €1.94

$1.95 €1.71

13.85%

Oranges (1kg)

$2.45 €2.14

$1.91 €1.66

28.27%

Tomato (1kg)

$2.65 €2.32

$2.65 €2.31

Potato (1kg)

$2.07 €1.81

$1.58 €1.38

31.01%

Onion (1kg)

$2.15 €1.88

$1.38 €1.21

55.80%

Lettuce (1 head)

$1.34 €1.17

$0.65 €0.57

106.15%

Water (1.5 liter bottle)

$0.99 €0.86

$0.94 €0.82

5.32%

Cigarettes 20 Pack (Marlboro, Camel)

$6.99 €6.10

$5.70 €4.98

22.63%

Wine (Bottle)

$7.77 €6.79

$7.76 €6.78

0.13%

Local Beer (0.5 liter bottle)

$1.43 €1.25

$1.72 €1.50

-16.86%

Imported Beer (0.33 liter bottle)

$2.18 €1.90

$2.38 €2.08

-8.40%

One-way Ticket (Public Transport)

$1.78 €1.56

$2.71 €2.37

-34.32%

Public Transport Monthly Pass (Regular Price)

$48.79 €42.62

$58.5 €51.1

-16.54%

Taxi Start (Normal Tariff)

$4.12 €3.60

$7.32 €6.40

-43.72%

Taxi (Normal Tariff) (1km)

$1.39 €1.21

$2.06 €1.80

-32.52%

Taxi 1hour Waiting (Normal Tariff)

$28.50 €24.90

$28.51 €24.91

-0.04%

Gasoline (1 liter)

$1.92 €1.68

$1.65 €1.44

16.36%

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

$37.7K €32.9K

$27.0K €23.6K

39.54%

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

$34.1K €29.8K

$32.4K €28.3K

5.28%

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

$193 €169

$191 €167

1.06%

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

$21.55 €18.83

$22.48 €19.64

-4.14%

Internet (50+ Mbps, Unlimited Data)

$35.97 €31.42

$34.63 €30.25

3.87%

Gym Membership (Monthly)

$52.7 €46.04

$72.4 €63.2

-27.17%

Tennis Court (1 Hour on Weekend)

$17.64 €15.42

$39.33 €34.36

-55.15%

Cinema Ticket

$11.44 €10.00

$11.68 €10.21

-2.05%

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

$669 €584

$444 €388

50.54%

International Primary School, 1 Child (Yearly)

$11.9K €10.4K

$12.2K €10.7K

-2.76%

Jeans (Levis 501 Or Similar)

$94.7 €82.7

$74.1 €64.8

27.71%

Summer Dress (H&M, Zara, etc)

$42.81 €37.41

$32.75 €28.61

30.72%

Sport Shoes (Adidas, Nike)

$105 €91.6

$91.1 €79.6

15.13%

Men's Leather Business Shoes

$132 €115

$111 €97.1

18.82%

1-bedroom Apartment, City Center (Monthly)

$1,607 €1,404

$970 €848

65.69%

1-bedroom Apartment, Outside City Center (Monthly)

$1,151 €1,006

$772 €675

49.10%

3-bedroom Apartment, City Center (Monthly)

$2,839 €2,480

$1,698 €1,484

67.14%

3-bedroom Apartment, Outside City Center (Monthly)

$1,879 €1,642

$1,334 €1,165

40.94%

Buy Apartment in City Center (m2)

$9,038 €7,896

$3,719 €3,250

142.99%

Buy Apartment Outside City Center (m2)

$4,262 €3,724

$2,064 €1,803

106.53%

Average Monthly Net Salary (After Tax)

$2,464 €2,153

$1,919 €1,677

28.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.74

-8.29%

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

Last update for Madrid: July 12, 2026

Last update for Larnaca: July 13, 2026

Cost Breakdown

A central one-bedroom costs $1,607 in Madrid versus $970 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 28% 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 $58.0 in Larnaca. Groceries tell a different story – $293 in Madrid vs $294 in Larnaca – so Madrid wins on supermarket bills even if dining out costs more.

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 23% more than Larnaca, with the gap driven mainly by Clothing & Footwear. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,439 per month in Madrid and $2,802 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Interestingly, groceries are about 0% cheaper in Madrid – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $69.0 in Madrid and $58.0 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 $1,868, than in Madrid at $2,293. In Larnaca it covers expenses comfortably, while in Madrid it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Larnaca costs $1,868 versus $2,293 in Madrid. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Larnaca. 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.