Cost of Living Comparison Between Madrid and Menorca Cost of Living Comparison Between Madrid and Menorca

😐 Solo nomad: Madrid is 14% more expensive than Menorca without rent, and 40.5% more expensive with rent.
😐 Family of 3: Madrid is 14.5% more expensive than Menorca without rent, and 38.9% more expensive with rent.
Currency
🍽 Eating Out
Madrid
Menorca
Difference
Meal at Budget Restaurant
$17.44 €15.10
$15.02 €13.01
16.11%
Three-Course Dinner for Two, Mid-Range
$69.7 €60.4
$58.6 €50.7
19.09%
Fast Food Meal (McDonalds, etc)
$11.77 €10.19
$10.47 €9.07
12.42%
Cappuccino
$3.16 €2.73
$2.15 €1.86
46.98%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.18 €2.76
$2.41 €2.08
31.95%
Water (0.33 liter bottle)
$2.19 €1.90
$1.70 €1.47
28.82%
Local Beer (0.5 liter draught)
$4.02 €3.48
$3.26 €2.82
23.31%
Imported Beer (0.33 liter bottle)
$4.55 €3.94
$3.50 €3.03
30.00%
🛒 Groceries & Markets
Madrid
Menorca
Difference
Milk (1 liter)
$1.18 €1.03
$1.19 €1.03
-0.84%
White Bread (500g)
$1.68 €1.46
$1.35 €1.17
24.44%
Rice (white) (1kg)
$1.69 €1.47
$1.61 €1.40
4.97%
Eggs
$3.40 €2.94
$2.91 €2.52
16.84%
Local Cheese (1kg)
$14.96 €12.96
$13.56 €11.74
10.32%
Chicken Fillets (1kg)
$8.79 €7.61
$8.44 €7.31
4.15%
Beef Round Steak (1kg)
$16.67 €14.43
$15.35 €13.29
8.60%
Apples (1kg)
$2.71 €2.35
$2.48 €2.14
9.27%
Banana (1kg)
$2.23 €1.93
$1.96 €1.70
13.78%
Oranges (1kg)
$2.45 €2.12
$1.99 €1.72
23.12%
Tomato (1kg)
$2.79 €2.42
$2.67 €2.31
4.49%
Potato (1kg)
$2.06 €1.78
$1.76 €1.52
17.05%
Onion (1kg)
$2.16 €1.87
$1.98 €1.71
9.09%
Lettuce (1 head)
$1.35 €1.16
$1.35 €1.17
-
Water (1.5 liter bottle)
$1.00 €0.86
$0.71 €0.61
40.85%
Cigarettes 20 Pack (Marlboro, Camel)
$6.82 €5.91
$6.34 €5.49
7.57%
Wine (Bottle)
$8.32 €7.21
$5.65 €4.89
47.26%
Local Beer (0.5 liter bottle)
$1.45 €1.26
$1.21 €1.05
19.83%
Imported Beer (0.33 liter bottle)
$2.18 €1.89
$2.11 €1.82
3.32%
🚌 Getting Around
Madrid
Menorca
Difference
One-way Ticket (Public Transport)
$1.72 €1.49
$1.71 €1.48
0.58%
Public Transport Monthly Pass (Regular Price)
$48.68 €42.16
$33.72 €29.20
44.37%
Taxi Start (Normal Tariff)
$4.13 €3.58
$3.96 €3.43
4.29%
Taxi (Normal Tariff) (1km)
$1.37 €1.19
$1.20 €1.04
14.17%
Taxi 1hour Waiting (Normal Tariff)
$29.32 €25.39
$24.78 €21.46
18.32%
Gasoline (1 liter)
$1.91 €1.65
$1.76 €1.53
8.52%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$38.0K €32.9K
$38.9K €33.7K
-2.30%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.0K €29.4K
$30.5K €26.4K
11.44%
🧾 Monthly Utilities & Internet
Madrid
Menorca
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$192 €166
$135 €117
42.34%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$21.64 €18.74
$20.48 €17.73
5.66%
Internet (50+ Mbps, Unlimited Data)
$35.47 €30.72
$30.87 €26.73
14.90%
🎉 Sport & Entertainment
Madrid
Menorca
Difference
Gym Membership (Monthly)
$53.8 €46.56
$47.48 €41.12
13.23%
Tennis Court (1 Hour on Weekend)
$18.20 €15.76
$15.12 €13.09
20.37%
Cinema Ticket
$11.66 €10.10
$9.08 €7.86
28.41%
🧸 Childcare & Education
Madrid
Menorca
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$681 €589
$406 €352
67.56%
International Primary School, 1 Child (Yearly)
$12.2K €10.5K
$8,235 €7,132
47.65%
👕👟 Clothing & Footwear
Madrid
Menorca
Difference
Jeans (Levis 501 Or Similar)
$95.2 €82.4
$86.1 €74.6
10.48%
Summer Dress (H&M, Zara, etc)
$42.76 €37.03
$34.83 €30.17
22.77%
Sport Shoes (Adidas, Nike)
$107 €93.0
$90.4 €78.3
18.80%
Men's Leather Business Shoes
$134 €116
$109 €94.7
22.56%
🏠 Accommodation & Living
Madrid
Menorca
Difference
1-bedroom Apartment, City Center (Monthly)
$1,559 €1,350
$854 €739
82.68%
1-bedroom Apartment, Outside City Center (Monthly)
$1,107 €959
$689 €597
60.65%
3-bedroom Apartment, City Center (Monthly)
$2,817 €2,439
$1,330 €1,152
111.80%
3-bedroom Apartment, Outside City Center (Monthly)
$1,887 €1,634
$1,016 €880
85.79%
Buy Apartment in City Center (m2)
$9,280 €8,036
$3,348 €2,900
177.13%
Buy Apartment Outside City Center (m2)
$4,391 €3,803
$2,314 €2,004
89.77%
💵 Salaries & Financials
Madrid
Menorca
Difference
Average Monthly Net Salary (After Tax)
$2,575 €2,230
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
3.43
3.5
-2.00%

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

Last update for Madrid: March 1, 2026

Last update for Menorca: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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