Cost of Living Comparison Between Madrid and Phuket Cost of Living Comparison Between Madrid and Phuket

Monthly Cost of Living

Monthly costs for one person with rent: $2,368 in Madrid versus $1,253 in Phuket.

Estimated couple costs with rent: $3,435 in Madrid versus $2,043 in Phuket.

Monthly costs for a family of three with rent: $4,502 in Madrid versus $2,833 in Phuket.

Living in Madrid is roughly 89% more expensive than in Phuket, driven mainly by Eating Out.

The two cities straddle the global median: Madrid is 72% above, Phuket is 9% below.

Meal at Budget Restaurant

$18.78 €16.16

$4.56 ฿150

311.84%

Three-Course Dinner for Two, Mid-Range

$68.5 €58.9

$32.62 ฿1,072

109.93%

Fast Food Meal (McDonalds, etc)

$11.98 €10.31

$8.90 ฿293

34.61%

Cappuccino

$3.22 €2.77

$2.80 ฿92.2

15.00%

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

$3.37 €2.90

$0.88 ฿28.93

282.95%

Water (0.33 liter bottle)

$2.29 €1.97

$0.49 ฿16.08

367.35%

Local Beer (0.5 liter draught)

$3.97 €3.42

$2.39 ฿78.5

66.11%

Imported Beer (0.33 liter bottle)

$5.10 €4.38

$3.71 ฿122

37.47%

Milk (1 liter)

$1.35 €1.16

$1.79 ฿58.7

-24.58%

White Bread (500g)

$1.64 €1.41

$1.44 ฿47.38

13.89%

Rice (white) (1kg)

$1.73 €1.49

$1.58 ฿52.1

9.49%

Eggs

$4.42 €3.80

$2.13 ฿69.9

107.51%

Local Cheese (1kg)

$17.22 €14.82

$19.92 ฿655

-13.55%

Chicken Fillets (1kg)

$9.82 €8.45

$3.43 ฿113

186.30%

Beef Round Steak (1kg)

$18.22 €15.68

$11.33 ฿372

60.81%

Apples (1kg)

$2.73 €2.35

$2.95 ฿96.9

-7.46%

Banana (1kg)

$2.36 €2.03

$1.72 ฿56.6

37.21%

Oranges (1kg)

$2.59 €2.23

$2.32 ฿76.4

11.64%

Tomato (1kg)

$2.68 €2.31

$2.08 ฿68.4

28.85%

Potato (1kg)

$2.29 €1.97

$1.47 ฿48.33

55.78%

Onion (1kg)

$2.27 €1.95

$1.36 ฿44.64

66.91%

Lettuce (1 head)

$1.58 €1.36

$1.10 ฿36.12

43.64%

Water (1.5 liter bottle)

$1.12 €0.96

$0.57 ฿18.89

96.49%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 €5.85

$4.27 ฿140

59.02%

Wine (Bottle)

$8.33 €7.17

$18.42 ฿605

-54.78%

Local Beer (0.5 liter bottle)

$1.23 €1.06

$1.87 ฿61.5

-34.22%

Imported Beer (0.33 liter bottle)

$2.25 €1.93

$2.92 ฿96.0

-22.95%

One-way Ticket (Public Transport)

$1.71 €1.47

$2.22 ฿72.9

-22.97%

Public Transport Monthly Pass (Regular Price)

$37.94 €32.65

$22.90 ฿753

65.68%

Taxi Start (Normal Tariff)

$3.97 €3.42

$3.03 ฿99.6

31.02%

Taxi (Normal Tariff) (1km)

$1.58 €1.36

$1.07 ฿35.31

47.66%

Taxi 1hour Waiting (Normal Tariff)

$30.36 €26.13

$3.93 ฿129

672.52%

Gasoline (1 liter)

$1.84 €1.58

$1.49 ฿49.04

23.49%

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

$37.0K €31.8K

$27.1K ฿891.7K

36.28%

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

$34.1K €29.4K

$27.5K ฿902.3K

24.31%

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

$195 €167

$103 ฿3,379

89.28%

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

$19.08 €16.41

$10.99 ฿361

73.61%

Internet (50+ Mbps, Unlimited Data)

$36.32 €31.26

$17.51 ฿576

107.42%

Gym Membership (Monthly)

$51.2 €44.07

$53.5 ฿1,760

-4.32%

Tennis Court (1 Hour on Weekend)

$19.35 €16.65

$11.20 ฿368

72.77%

Cinema Ticket

$11.39 €9.80

$7.48 ฿246

52.27%

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

$696 €599

$557 ฿18.3K

24.91%

International Primary School, 1 Child (Yearly)

$18.0K €15.5K

$11.9K ฿389.6K

52.11%

Jeans (Levis 501 Or Similar)

$89.1 €76.7

$64.1 ฿2,106

39.10%

Summer Dress (H&M, Zara, etc)

$44.57 €38.36

$29.07 ฿956

53.32%

Sport Shoes (Adidas, Nike)

$108 €93.0

$96.0 ฿3,154

12.62%

Men's Leather Business Shoes

$113 €97.2

$90.3 ฿2,970

25.04%

1-bedroom Apartment, City Center (Monthly)

$1,583 €1,362

$730 ฿24.0K

116.82%

1-bedroom Apartment, Outside City Center (Monthly)

$1,225 €1,054

$500 ฿16.4K

145.09%

3-bedroom Apartment, City Center (Monthly)

$2,813 €2,420

$2,090 ฿68.7K

34.54%

3-bedroom Apartment, Outside City Center (Monthly)

$1,871 €1,610

$1,209 ฿39.7K

54.69%

Buy Apartment in City Center (m2)

$9,303 €8,006

$3,596 ฿118.2K

158.71%

Buy Apartment Outside City Center (m2)

$4,251 €3,658

$2,512 ฿82.6K

69.22%

Average Monthly Net Salary (After Tax)

$2,584 €2,223

$503 ฿16.5K

413.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.09

5.57

-44.52%

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

Last update for Madrid: August 30, 2026

Last update for Phuket: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,583 in Madrid and $730 in Phuket. Housing cost is often the main lever when comparing two cities.

Madrid pays 413% 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: $68.0 in Madrid vs $33.00 in Phuket for a mid-range dinner for two. Groceries echo the gap at $320 vs $273 per month, with Phuket 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 Phuket: Cost of Living - Frequently Asked Questions

Phuket wins on cost – living expenses run 89% lower than in Madrid. Housing and daily spending are where you'll feel the difference most, making Phuket the obvious pick if budget is a priority.

Average pay runs 413% higher in Madrid, 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: $1,583 in Madrid versus $730 in Phuket. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 17% higher in Madrid. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Phuket – a meal for two runs $33.00 versus $68.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,253 in Phuket versus $2,368 in Madrid, a $1,500 budget is realistic in Phuket but tight or insufficient in Madrid. The gap between the two cities makes Phuket the clear choice for anyone on this budget.

Both work as nomad bases, but Phuket delivers better value – similar infrastructure at $1,253 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Phuket hard to pass up.

Safety-wise, Madrid and Phuket 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 Phuket gentler on the wallet – expenses run 89% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.