Cost of Living Comparison Between Madrid and Mexico City Cost of Living Comparison Between Madrid and Mexico City

Monthly Cost of Living

Monthly costs for one person with rent: $2,253 in Madrid versus $1,467 in Mexico City.

Estimated couple costs with rent: $3,329 in Madrid versus $2,371 in Mexico City.

Monthly costs for a family of three with rent: $4,404 in Madrid versus $3,274 in Mexico City.

Living in Madrid is roughly 54% more expensive than Mexico City, driven mainly by Eating Out.

Both cities are pricier than the global median: Madrid 68% above, Mexico City 10% above.

Meal at Budget Restaurant

$17.05 €14.79

$13.18 MX$230

29.36%

Three-Course Dinner for Two, Mid-Range

$68.6 €59.5

$53.9 MX$941

27.20%

Fast Food Meal (McDonalds, etc)

$11.73 €10.18

$9.42 MX$165

24.52%

Cappuccino

$3.06 €2.65

$3.55 MX$62.0

-13.80%

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

$3.21 €2.79

$1.62 MX$28.25

98.15%

Water (0.33 liter bottle)

$2.18 €1.89

$1.11 MX$19.46

96.40%

Local Beer (0.5 liter draught)

$3.94 €3.42

$3.12 MX$54.5

26.28%

Imported Beer (0.33 liter bottle)

$4.67 €4.05

$4.63 MX$80.8

0.86%

Milk (1 liter)

$1.20 €1.04

$1.70 MX$29.71

-29.41%

White Bread (500g)

$1.68 €1.46

$2.72 MX$47.47

-38.24%

Rice (white) (1kg)

$1.69 €1.47

$1.91 MX$33.39

-11.52%

Eggs

$3.34 €2.90

$2.54 MX$44.28

31.50%

Local Cheese (1kg)

$14.91 €12.94

$10.03 MX$175

48.65%

Chicken Fillets (1kg)

$8.93 €7.74

$8.09 MX$141

10.38%

Beef Round Steak (1kg)

$16.84 €14.61

$11.62 MX$203

44.92%

Apples (1kg)

$2.73 €2.36

$2.97 MX$51.8

-8.08%

Banana (1kg)

$2.11 €1.83

$1.81 MX$31.54

16.57%

Oranges (1kg)

$2.54 €2.21

$2.01 MX$35.15

26.37%

Tomato (1kg)

$2.65 €2.30

$2.03 MX$35.53

30.54%

Potato (1kg)

$2.15 €1.86

$2.12 MX$37.10

1.42%

Onion (1kg)

$2.10 €1.83

$2.27 MX$39.63

-7.49%

Lettuce (1 head)

$1.35 €1.18

$1.40 MX$24.45

-3.57%

Water (1.5 liter bottle)

$0.97 €0.85

$1.13 MX$19.74

-14.16%

Cigarettes 20 Pack (Marlboro, Camel)

$6.82 €5.92

$4.27 MX$74.6

59.72%

Wine (Bottle)

$8.15 €7.07

$15.56 MX$272

-47.62%

Local Beer (0.5 liter bottle)

$1.39 €1.21

$1.76 MX$30.68

-21.02%

Imported Beer (0.33 liter bottle)

$2.19 €1.90

$3.60 MX$62.8

-39.17%

One-way Ticket (Public Transport)

$1.77 €1.53

$0.38 MX$6.69

365.79%

Public Transport Monthly Pass (Regular Price)

$49.07 €42.57

$19.18 MX$335

155.84%

Taxi Start (Normal Tariff)

$4.01 €3.47

$1.38 MX$24.02

190.58%

Taxi (Normal Tariff) (1km)

$1.33 €1.15

$0.28 MX$4.83

375.00%

Taxi 1hour Waiting (Normal Tariff)

$29.19 €25.32

$5.45 MX$95.1

435.60%

Gasoline (1 liter)

$1.93 €1.68

$1.30 MX$22.77

48.46%

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

$37.2K €32.3K

$18.7K MX$326.3K

99.02%

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

$34.4K €29.8K

$23.1K MX$403.9K

48.54%

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

$195 €169

$40.86 MX$714

376.31%

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

$21.66 €18.79

$26.81 MX$468

-19.21%

Internet (50+ Mbps, Unlimited Data)

$35.51 €30.80

$29.96 MX$523

18.52%

Gym Membership (Monthly)

$53.8 €46.65

$52.0 MX$908

3.38%

Tennis Court (1 Hour on Weekend)

$17.95 €15.58

$26.84 MX$469

-33.12%

Cinema Ticket

$11.55 €10.02

$6.30 MX$110

83.33%

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

$676 €587

$436 MX$7,616

55.07%

International Primary School, 1 Child (Yearly)

$12.1K €10.5K

$10.4K MX$181.9K

16.46%

Jeans (Levis 501 Or Similar)

$94.2 €81.8

$56.7 MX$989

66.34%

Summer Dress (H&M, Zara, etc)

$42.77 €37.10

$44.38 MX$775

-3.63%

Sport Shoes (Adidas, Nike)

$106 €91.7

$103 MX$1,797

2.65%

Men's Leather Business Shoes

$134 €117

$106 MX$1,843

27.45%

1-bedroom Apartment, City Center (Monthly)

$1,566 €1,358

$1,022 MX$17.8K

53.19%

1-bedroom Apartment, Outside City Center (Monthly)

$1,149 €997

$631 MX$11.0K

82.08%

3-bedroom Apartment, City Center (Monthly)

$2,826 €2,451

$2,136 MX$37.3K

32.30%

3-bedroom Apartment, Outside City Center (Monthly)

$1,884 €1,635

$1,243 MX$21.7K

51.61%

Buy Apartment in City Center (m2)

$9,077 €7,874

$3,903 MX$68.2K

132.57%

Buy Apartment Outside City Center (m2)

$4,511 €3,913

$2,064 MX$36.0K

118.52%

Average Monthly Net Salary (After Tax)

$2,626 €2,278

$1,115 MX$19.5K

135.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

11.34

-69.75%

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

Last update for Madrid: May 31, 2026

Last update for Mexico City: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,566 in Madrid and $1,022 in Mexico City. Housing cost is often the main lever when comparing two cities.

Madrid pays 136% 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 $54.0 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $294 vs $288 per month, with Mexico City 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 Mexico City: Cost of Living - Frequently Asked Questions

Mexico City wins on cost – living expenses run 54% lower than in Madrid. Housing and daily spending are where you'll feel the difference most, making Mexico City the obvious pick if budget is a priority.

Madrid pays 136% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,566 in Madrid versus $1,022 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 2% higher in Madrid. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Mexico City – a meal for two runs $54.0 versus $69.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,467 in Mexico City versus $2,253 in Madrid, a $2,000 budget is realistic in Mexico City but tight or insufficient in Madrid. The gap between the two cities makes Mexico City the clear choice for anyone on this budget.

Both work as nomad bases, but Mexico City delivers better value – similar infrastructure at $1,467 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Mexico City hard to pass up.

Safety-wise, Madrid and Mexico City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Mexico City gentler on the wallet – expenses run 54% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.