Cost of Living Comparison Between Madrid and Palencia Cost of Living Comparison Between Madrid and Palencia

😐 Solo nomad: Madrid is 21.7% more expensive than Palencia without rent, and 45.9% more expensive with rent.
😐 Family of 3: Madrid is 36.6% more expensive than Palencia without rent, and 49.6% more expensive with rent.
Currency
🍽 Eating Out
Madrid
Palencia
Difference
Meal at Budget Restaurant
$17.19 €14.57
$11.62 €9.86
47.93%
Three-Course Dinner for Two, Mid-Range
$70.4 €59.7
$43.50 €36.89
61.86%
Fast Food Meal (McDonalds, etc)
$12.06 €10.23
$8.18 €6.94
47.43%
Cappuccino
$3.15 €2.67
$1.75 €1.48
80.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.21 €2.73
$2.30 €1.95
39.57%
Water (0.33 liter bottle)
$2.11 €1.79
$1.18 €1.00
78.81%
Local Beer (0.5 liter draught)
$3.96 €3.36
$3.16 €2.68
25.32%
Imported Beer (0.33 liter bottle)
$4.53 €3.84
$3.41 €2.90
32.84%
🛒 Groceries & Markets
Madrid
Palencia
Difference
Milk (1 liter)
$1.25 €1.06
$1.22 €1.04
2.46%
White Bread (500g)
$1.68 €1.43
$1.81 €1.53
-7.18%
Rice (white) (1kg)
$1.71 €1.45
$1.37 €1.16
24.82%
Eggs
$3.40 €2.88
$2.82 €2.39
20.57%
Local Cheese (1kg)
$14.93 €12.66
$12.08 €10.24
23.59%
Chicken Fillets (1kg)
$8.95 €7.59
$7.96 €6.75
12.44%
Beef Round Steak (1kg)
$17.18 €14.57
$13.13 €11.13
30.85%
Apples (1kg)
$2.60 €2.21
$2.77 €2.35
-6.14%
Banana (1kg)
$2.19 €1.86
$2.06 €1.75
6.31%
Oranges (1kg)
$2.56 €2.17
$2.37 €2.01
8.02%
Tomato (1kg)
$2.64 €2.24
$3.55 €3.01
-25.63%
Potato (1kg)
$2.12 €1.80
$1.65 €1.40
28.48%
Onion (1kg)
$2.10 €1.78
$2.46 €2.09
-14.63%
Lettuce (1 head)
$1.41 €1.19
$1.10 €0.93
28.18%
Water (1.5 liter bottle)
$0.96 €0.82
$0.84 €0.71
14.29%
Cigarettes 20 Pack (Marlboro, Camel)
$7.06 €5.99
$6.16 €5.22
14.61%
Wine (Bottle)
$8.28 €7.02
$7.04 €5.97
17.61%
Local Beer (0.5 liter bottle)
$1.45 €1.23
$1.17 €0.99
23.93%
Imported Beer (0.33 liter bottle)
$2.27 €1.92
$2.06 €1.75
10.19%
🚌 Getting Around
Madrid
Palencia
Difference
One-way Ticket (Public Transport)
$1.77 €1.50
$1.72 €1.46
2.91%
Public Transport Monthly Pass (Regular Price)
$49.35 €41.84
$33.95 €28.79
45.36%
Taxi Start (Normal Tariff)
$3.94 €3.34
$5.60 €4.75
-29.64%
Taxi (Normal Tariff) (1km)
$1.33 €1.13
$0.95 €0.81
40.00%
Taxi 1hour Waiting (Normal Tariff)
$28.57 €24.23
$21.13 €17.92
35.21%
Gasoline (1 liter)
$1.90 €1.61
$1.59 €1.34
19.50%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$38.4K €32.5K
$38.3K €32.4K
0.25%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.1K €28.9K
$37.1K €31.5K
-8.06%
🧾 Monthly Utilities & Internet
Madrid
Palencia
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$196 €166
$143 €121
36.98%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$21.30 €18.06
$19.13 €16.23
11.34%
Internet (50+ Mbps, Unlimited Data)
$35.85 €30.40
$28.27 €23.97
26.81%
🎉 Sport & Entertainment
Madrid
Palencia
Difference
Gym Membership (Monthly)
$53.9 €45.74
$46.83 €39.71
15.18%
Tennis Court (1 Hour on Weekend)
$17.54 €14.87
$14.88 €12.62
17.88%
Cinema Ticket
$11.36 €9.63
$9.29 €7.88
22.28%
🧸 Childcare & Education
Madrid
Palencia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$671 €569
$490 €416
36.79%
International Primary School, 1 Child (Yearly)
$11.9K €10.1K
$3,523 €2,988
238.06%
👕👟 Clothing & Footwear
Madrid
Palencia
Difference
Jeans (Levis 501 Or Similar)
$94.1 €79.8
$91.4 €77.5
2.90%
Summer Dress (H&M, Zara, etc)
$42.46 €36.01
$32.57 €27.62
30.37%
Sport Shoes (Adidas, Nike)
$104 €88.6
$94.1 €79.8
11.05%
Men's Leather Business Shoes
$133 €113
$126 €107
5.46%
🏠 Accommodation & Living
Madrid
Palencia
Difference
1-bedroom Apartment, City Center (Monthly)
$1,572 €1,333
$844 €715
86.37%
1-bedroom Apartment, Outside City Center (Monthly)
$1,126 €955
$699 €593
61.17%
3-bedroom Apartment, City Center (Monthly)
$2,857 €2,423
$1,312 €1,112
117.83%
3-bedroom Apartment, Outside City Center (Monthly)
$1,920 €1,628
$988 €838
94.40%
Buy Apartment in City Center (m2)
$9,268 €7,859
$2,327 €1,973
298.28%
Buy Apartment Outside City Center (m2)
$4,531 €3,842
$1,669 €1,415
171.44%
💵 Salaries & Financials
Madrid
Palencia
Difference
Average Monthly Net Salary (After Tax)
$2,609 €2,212
$2,133 €1,809
22.30%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.43
3.56
-3.65%

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

Last update for Madrid: April 13, 2026

Last update for Palencia: April 12, 2026

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 other spots: cost of living compared

Similar cities