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

Monthly Cost of Living

Monthly costs for one person with rent: $1,466 in Mexico City versus $2,265 in Madrid.

Estimated couple costs with rent: $2,325 in Mexico City versus $3,314 in Madrid.

Monthly costs for a family of three with rent: $3,184 in Mexico City versus $4,362 in Madrid.

Living in Mexico City costs roughly 35% less than in Madrid, driven mainly by Eating Out.

Both cities are pricier than the global median: Mexico City 9% above, Madrid 69% above.

Meal at Budget Restaurant

$13.30 MX$230

$17.39 €14.77

-23.52%

Three-Course Dinner for Two, Mid-Range

$53.8 MX$932

$68.5 €58.1

-21.42%

Fast Food Meal (McDonalds, etc)

$9.42 MX$163

$11.66 €9.90

-19.21%

Cappuccino

$3.59 MX$62.2

$3.09 €2.62

16.18%

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

$1.62 MX$28.11

$3.06 €2.60

-47.06%

Water (0.33 liter bottle)

$1.12 MX$19.48

$2.21 €1.88

-49.32%

Local Beer (0.5 liter draught)

$3.25 MX$56.3

$4.01 €3.40

-18.95%

Imported Beer (0.33 liter bottle)

$4.65 MX$80.6

$4.53 €3.85

2.65%

Milk (1 liter)

$1.64 MX$28.35

$1.20 €1.02

36.67%

White Bread (500g)

$2.65 MX$45.98

$1.68 €1.42

57.74%

Rice (white) (1kg)

$1.96 MX$33.97

$1.72 €1.46

13.95%

Eggs

$2.54 MX$44.06

$3.40 €2.88

-25.29%

Local Cheese (1kg)

$9.97 MX$173

$15.03 €12.76

-33.67%

Chicken Fillets (1kg)

$8.39 MX$145

$8.78 €7.45

-4.44%

Beef Round Steak (1kg)

$11.83 MX$205

$17.18 €14.59

-31.14%

Apples (1kg)

$2.86 MX$49.59

$2.64 €2.24

8.33%

Banana (1kg)

$1.73 MX$30.03

$2.15 €1.82

-19.53%

Oranges (1kg)

$1.99 MX$34.48

$2.55 €2.16

-21.96%

Tomato (1kg)

$2.05 MX$35.49

$2.76 €2.34

-25.72%

Potato (1kg)

$2.06 MX$35.62

$2.12 €1.80

-2.83%

Onion (1kg)

$2.28 MX$39.52

$2.13 €1.81

7.04%

Lettuce (1 head)

$1.45 MX$25.04

$1.38 €1.17

5.07%

Water (1.5 liter bottle)

$1.09 MX$18.82

$0.97 €0.82

12.37%

Cigarettes 20 Pack (Marlboro, Camel)

$4.27 MX$73.9

$7.11 €6.04

-39.94%

Wine (Bottle)

$14.67 MX$254

$8.10 €6.88

81.11%

Local Beer (0.5 liter bottle)

$1.76 MX$30.56

$1.38 €1.17

27.54%

Imported Beer (0.33 liter bottle)

$3.57 MX$61.8

$2.16 €1.83

65.28%

One-way Ticket (Public Transport)

$0.38 MX$6.66

$1.69 €1.43

-77.51%

Public Transport Monthly Pass (Regular Price)

$18.73 MX$324

$48.75 €41.39

-61.58%

Taxi Start (Normal Tariff)

$1.39 MX$24.07

$4.16 €3.53

-66.59%

Taxi (Normal Tariff) (1km)

$0.30 MX$5.25

$1.32 €1.12

-77.27%

Taxi 1hour Waiting (Normal Tariff)

$5.41 MX$93.8

$28.53 €24.22

-81.04%

Gasoline (1 liter)

$1.34 MX$23.21

$1.92 €1.63

-30.21%

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

$18.9K MX$326.5K

$37.8K €32.1K

-50.19%

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

$23.2K MX$401.8K

$33.3K €28.2K

-30.28%

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

$40.30 MX$698

$188 €160

-78.61%

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

$27.15 MX$470

$21.76 €18.48

24.77%

Internet (50+ Mbps, Unlimited Data)

$29.46 MX$510

$35.31 €29.98

-16.57%

Gym Membership (Monthly)

$52.7 MX$913

$52.8 €44.84

-0.13%

Tennis Court (1 Hour on Weekend)

$26.17 MX$453

$18.10 €15.37

44.59%

Cinema Ticket

$6.18 MX$107

$11.60 €9.84

-46.72%

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

$441 MX$7,633

$677 €575

-34.93%

International Primary School, 1 Child (Yearly)

$10.7K MX$185.3K

$12.1K €10.3K

-11.74%

Jeans (Levis 501 Or Similar)

$57.2 MX$991

$94.9 €80.5

-39.66%

Summer Dress (H&M, Zara, etc)

$45.04 MX$780

$41.98 €35.64

7.29%

Sport Shoes (Adidas, Nike)

$103 MX$1,792

$104 €88.6

-0.82%

Men's Leather Business Shoes

$109 MX$1,883

$135 €115

-19.55%

1-bedroom Apartment, City Center (Monthly)

$1,000 MX$17.3K

$1,578 €1,339

-36.63%

1-bedroom Apartment, Outside City Center (Monthly)

$632 MX$10.9K

$1,115 €946

-43.30%

3-bedroom Apartment, City Center (Monthly)

$2,141 MX$37.1K

$2,765 €2,348

-22.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,253 MX$21.7K

$1,879 €1,596

-33.34%

Buy Apartment in City Center (m2)

$3,745 MX$64.9K

$9,202 €7,813

-59.30%

Buy Apartment Outside City Center (m2)

$2,381 MX$41.2K

$4,488 €3,811

-46.95%

Average Monthly Net Salary (After Tax)

$1,079 MX$18.7K

$2,586 €2,195

-58.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

3.43

230.61%

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

Last update for Mexico City: April 20, 2026

Last update for Madrid: April 20, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,000 in Mexico City and $1,578 in Madrid. Housing cost is often the main lever when comparing two cities.

Madrid pays 140% 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: $54 in Mexico City vs $68 in Madrid for a mid-range dinner for two. Groceries echo the gap at $286 vs $295 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

Mexico City vs Madrid: Cost of Living - Frequently Asked Questions

Mexico City wins on cost – living expenses run 55% 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.

On paper, Madrid earns 140% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,000 in Mexico City versus $1,578 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 3% 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 $68.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,466 in Mexico City versus $2,265 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 $1,466 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Mexico City hard to pass up.

Safety-wise, Mexico City and Madrid 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 55% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.