Cost of Living Comparison Between Madrid and Lisbon Cost of Living Comparison Between Madrid and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $2,253 in Madrid versus $2,210 in Lisbon.

Estimated couple costs with rent: $3,329 in Madrid versus $3,311 in Lisbon.

Monthly costs for a family of three with rent: $4,404 in Madrid versus $4,411 in Lisbon.

Living in Madrid is roughly 2% more expensive than Lisbon, driven mainly by Eating Out.

Both cities are pricier than the global median: Madrid 68% above, Lisbon 65% above.

Currency
🍽 Eating Out
Madrid
Lisbon
Difference
Meal at Budget Restaurant
$17.05 €14.79
$15.91 €13.80
7.17%
Three-Course Dinner for Two, Mid-Range
$68.6 €59.5
$64.8 €56.2
5.85%
Fast Food Meal (McDonalds, etc)
$11.73 €10.18
$10.51 €9.12
11.61%
Cappuccino
$3.06 €2.65
$2.87 €2.49
6.62%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.21 €2.79
$2.24 €1.95
43.30%
Water (0.33 liter bottle)
$2.18 €1.89
$1.50 €1.30
45.33%
Local Beer (0.5 liter draught)
$3.94 €3.42
$3.49 €3.03
12.89%
Imported Beer (0.33 liter bottle)
$4.67 €4.05
$3.88 €3.37
20.36%
🛒 Groceries & Markets
Madrid
Lisbon
Difference
Milk (1 liter)
$1.20 €1.04
$1.14 €0.99
5.26%
White Bread (500g)
$1.68 €1.46
$1.75 €1.52
-4.00%
Rice (white) (1kg)
$1.69 €1.47
$1.76 €1.52
-3.98%
Eggs
$3.34 €2.90
$3.22 €2.79
3.73%
Local Cheese (1kg)
$14.91 €12.94
$13.49 €11.70
10.53%
Chicken Fillets (1kg)
$8.93 €7.74
$7.91 €6.87
12.90%
Beef Round Steak (1kg)
$16.84 €14.61
$15.87 €13.77
6.11%
Apples (1kg)
$2.73 €2.36
$2.31 €2.00
18.18%
Banana (1kg)
$2.11 €1.83
$1.70 €1.48
24.12%
Oranges (1kg)
$2.54 €2.21
$2.01 €1.74
26.37%
Tomato (1kg)
$2.65 €2.30
$2.46 €2.13
7.72%
Potato (1kg)
$2.15 €1.86
$1.84 €1.60
16.85%
Onion (1kg)
$2.10 €1.83
$2.00 €1.74
5.00%
Lettuce (1 head)
$1.35 €1.18
$1.93 €1.67
-30.05%
Water (1.5 liter bottle)
$0.97 €0.85
$0.79 €0.68
22.78%
Cigarettes 20 Pack (Marlboro, Camel)
$6.82 €5.92
$6.61 €5.73
3.18%
Wine (Bottle)
$8.15 €7.07
$5.72 €4.97
42.48%
Local Beer (0.5 liter bottle)
$1.39 €1.21
$1.37 €1.18
1.46%
Imported Beer (0.33 liter bottle)
$2.19 €1.90
$2.97 €2.58
-26.26%
🚌 Getting Around
Madrid
Lisbon
Difference
One-way Ticket (Public Transport)
$1.77 €1.53
$2.37 €2.06
-25.32%
Public Transport Monthly Pass (Regular Price)
$49.07 €42.57
$45.56 €39.52
7.70%
Taxi Start (Normal Tariff)
$4.01 €3.47
$4.29 €3.72
-6.53%
Taxi (Normal Tariff) (1km)
$1.33 €1.15
$0.82 €0.71
62.20%
Taxi 1hour Waiting (Normal Tariff)
$29.19 €25.32
$18.30 €15.88
59.51%
Gasoline (1 liter)
$1.93 €1.68
$2.06 €1.79
-6.31%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.2K €32.3K
$34.3K €29.7K
8.49%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.4K €29.8K
$39.3K €34.1K
-12.56%
🧾 Monthly Utilities & Internet
Madrid
Lisbon
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$195 €169
$148 €128
31.62%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$21.66 €18.79
$20.52 €17.80
5.56%
Internet (50+ Mbps, Unlimited Data)
$35.51 €30.80
$39.61 €34.37
-10.35%
🎉 Sport & Entertainment
Madrid
Lisbon
Difference
Gym Membership (Monthly)
$53.8 €46.65
$47.85 €41.51
12.39%
Tennis Court (1 Hour on Weekend)
$17.95 €15.58
$18.92 €16.42
-5.13%
Cinema Ticket
$11.55 €10.02
$9.18 €7.97
25.82%
🧸 Childcare & Education
Madrid
Lisbon
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$676 €587
$614 €533
10.16%
International Primary School, 1 Child (Yearly)
$12.1K €10.5K
$16.0K €13.9K
-24.41%
👕👟 Clothing & Footwear
Madrid
Lisbon
Difference
Jeans (Levis 501 Or Similar)
$94.2 €81.8
$105 €90.8
-9.97%
Summer Dress (H&M, Zara, etc)
$42.77 €37.10
$42.06 €36.49
1.69%
Sport Shoes (Adidas, Nike)
$106 €91.7
$94.0 €81.5
12.44%
Men's Leather Business Shoes
$134 €117
$120 €104
12.39%
🏠 Accommodation & Living
Madrid
Lisbon
Difference
1-bedroom Apartment, City Center (Monthly)
$1,566 €1,358
$1,628 €1,412
-3.82%
1-bedroom Apartment, Outside City Center (Monthly)
$1,149 €997
$1,255 €1,089
-8.49%
3-bedroom Apartment, City Center (Monthly)
$2,826 €2,451
$3,030 €2,629
-6.74%
3-bedroom Apartment, Outside City Center (Monthly)
$1,884 €1,635
$2,020 €1,753
-6.73%
Buy Apartment in City Center (m2)
$9,077 €7,874
$7,800 €6,766
16.38%
Buy Apartment Outside City Center (m2)
$4,511 €3,913
$4,273 €3,707
5.58%
💵 Salaries & Financials
Madrid
Lisbon
Difference
Average Monthly Net Salary (After Tax)
$2,626 €2,278
$1,603 €1,391
63.77%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.43
3.81
-9.97%

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

Last update for Madrid: May 31, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,566 in Madrid and $1,628 in Lisbon. Housing cost is often the main lever when comparing two cities.

Madrid pays 64% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $69.0 in Madrid vs $65.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $294 vs $269 per month, with Lisbon cheaper across the board.

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 Lisbon: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Madrid and Lisbon?
Madrid and Lisbon differ by about 2% in total monthly costs ($2,253 vs $2,210 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city pays better: Madrid or Lisbon?
Madrid pays 64% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Madrid and Lisbon?
Rent for a central apartment: $1,566 in Madrid versus $1,628 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Madrid and Lisbon?
Childcare runs $676 in Madrid versus $614 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 9% higher in Madrid. For households that cook at home regularly, that difference adds up over a month.
Which city is more doable on $3,000 per month?
At $2,210 in Lisbon versus $2,253 in Madrid, a $3,000 budget is realistic in Lisbon but tight or insufficient in Madrid. The gap between the two cities makes Lisbon the clear choice for anyone on this budget.
How does quality of life compare between Madrid and Lisbon?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Is Madrid or Lisbon safer for residents?
Safety-wise, Madrid and Lisbon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Madrid or Lisbon?
Expats usually find Lisbon gentler on the wallet – expenses run 2% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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