Last update: Nov 2026

Cost of Living Comparison Between Novelda and Madrid

For one person, living is cheaper in Novelda: $1,617 a month against $2,326 in Madrid, rent and utilities included – about $8,500 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Novelda
Learn more

Novelda Living Index
111

Cost of Living Index in Madrid
Learn more

Madrid Living Index

Jump to prices

Novelda

🇪🇸 Spain

$1,617

/mo nomad

Madrid

🇪🇸 Spain

$2,326

/mo nomad

Monthly Cost of Living

How much you'll spend in Novelda and in Madrid

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Novelda and in Madrid actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,617 in Novelda versus $2,326 in Madrid.

Novelda $1,617
Madrid $2,326

Estimated couple costs with rent: $2,423 in Novelda versus $3,414 in Madrid.

Novelda $2,423
Madrid $3,414

Monthly costs for a family of three with rent: $3,228 in Novelda versus $4,502 in Madrid.

Novelda $3,228
Madrid $4,502

Living in Novelda costs roughly 30% less than in Madrid, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Novelda 20% above, Madrid 72% above.

Meal at Budget Restaurant

$16.85 €14.97

$18.67 €16.59

-9.75%

Three-Course Dinner for Two, Mid-Range

$56.6 €50.2

$67.5 €60.0

-16.26%

Fast Food Meal (McDonalds, etc)

$11.23 €9.98

$12.44 €11.05

-9.73%

Cappuccino

$2.25 €2.00

$3.20 €2.84

-29.69%

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

$2.05 €1.82

$3.29 €2.92

-37.69%

Water (0.33 liter bottle)

$1.39 €1.23

$2.35 €2.08

-40.85%

Local Beer (0.5 liter draught)

$3.03 €2.69

$3.85 €3.42

-21.30%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$4.71 €4.19

-27.81%

Milk (1 liter)

$1.15 €1.02

$1.39 €1.24

-17.27%

White Bread (500g)

$1.39 €1.24

$1.64 €1.46

-15.24%

Rice (white) (1kg)

$1.54 €1.37

$1.69 €1.50

-8.88%

Eggs

$3.34 €2.97

$4.04 €3.59

-17.33%

Local Cheese (1kg)

$15.40 €13.68

$16.48 €14.64

-6.55%

Chicken Fillets (1kg)

$9.38 €8.33

$9.16 €8.14

2.40%

Beef Round Steak (1kg)

$16.83 €14.95

$17.27 €15.34

-2.55%

Apples (1kg)

$2.77 €2.46

$2.51 €2.23

10.36%

Banana (1kg)

$1.81 €1.60

$2.17 €1.93

-16.59%

Oranges (1kg)

$1.60 €1.42

$2.52 €2.24

-36.51%

Tomato (1kg)

$2.76 €2.45

$2.48 €2.21

11.29%

Potato (1kg)

$1.92 €1.71

$2.31 €2.06

-16.88%

Onion (1kg)

$1.88 €1.67

$2.05 €1.82

-8.29%

Lettuce (1 head)

$1.18 €1.05

$1.49 €1.32

-20.81%

Water (1.5 liter bottle)

$0.66 €0.59

$1.05 €0.93

-37.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.52 €5.79

$6.85 €6.09

-4.82%

Wine (Bottle)

$5.72 €5.08

$7.80 €6.93

-26.67%

Local Beer (0.5 liter bottle)

$1.16 €1.03

$1.21 €1.08

-4.13%

Imported Beer (0.33 liter bottle)

$1.70 €1.51

$2.24 €1.99

-24.11%

One-way Ticket (Public Transport)

$1.51 €1.34

$1.72 €1.52

-12.21%

Public Transport Monthly Pass (Regular Price)

$29.81 €26.48

$37.26 €33.10

-19.99%

Taxi Start (Normal Tariff)

$2.39 €2.12

$3.21 €2.85

-25.55%

Taxi (Normal Tariff) (1km)

$1.31 €1.16

$1.61 €1.43

-18.63%

Taxi 1hour Waiting (Normal Tariff)

$25.34 €22.51

$30.80 €27.36

-17.73%

Gasoline (1 liter)

$1.83 €1.63

$1.82 €1.61

0.55%

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

$31.7K €28.2K

$33.2K €29.5K

-4.43%

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

$31.4K €27.9K

$32.3K €28.7K

-2.80%

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

$130 €115

$182 €161

-28.69%

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

$15.83 €14.06

$17.24 €15.31

-8.18%

Internet (50+ Mbps, Unlimited Data)

$29.50 €26.21

$34.81 €30.92

-15.25%

Gym Membership (Monthly)

$45.45 €40.37

$47.26 €41.98

-3.83%

Tennis Court (1 Hour on Weekend)

$16.79 €14.92

$18.30 €16.26

-8.25%

Cinema Ticket

$8.20 €7.28

$11.18 €9.93

-26.65%

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

$396 €352

$696 €619

-43.14%

International Primary School, 1 Child (Yearly)

$11.0K €9,741

$17.9K €15.9K

-38.79%

Jeans (Levis 501 Or Similar)

$71.6 €63.6

$86.0 €76.4

-16.72%

Summer Dress (H&M, Zara, etc)

$35.19 €31.26

$43.09 €38.28

-18.33%

Sport Shoes (Adidas, Nike)

$103 €91.1

$110 €97.5

-6.50%

Men's Leather Business Shoes

$106 €93.8

$112 €99.2

-5.48%

1-bedroom Apartment, City Center (Monthly)

$921 €818

$1,525 €1,354

-39.58%

1-bedroom Apartment, Outside City Center (Monthly)

$686 €609

$1,229 €1,092

-44.18%

3-bedroom Apartment, City Center (Monthly)

$1,324 €1,176

$2,815 €2,501

-52.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,076 €956

$2,013 €1,788

-46.55%

Buy Apartment in City Center (m2)

$3,364 €2,989

$9,105 €8,088

-63.05%

Buy Apartment Outside City Center (m2)

$2,266 €2,013

$4,699 €4,174

-51.79%

Average Monthly Net Salary (After Tax)

$2,487 €2,209

20-Year Fixed Mortgage Interest Rate (Annual %)

2.99

3.15

-5.08%

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

Last update for Novelda: November 1, 2026

Last update for Madrid: November 1, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Novelda

$686 42.4%

Madrid

$1.2K 52.9% 79.1% $543

Groceries & Markets

Novelda

$276 17.1%

Madrid

$304 13.1% 10.1% $28

Eating Out

Novelda

$231 14.3%

Madrid

$276 11.9% 19.5% $45

Monthly Utilities & Internet

Novelda

$175 10.8%

Madrid

$234 10.1% 33.6% $59

Clothing & Footwear

Novelda

$142 8.8%

Madrid

$158 6.8% 11.3% $16

Sport & Entertainment

Novelda

$62 3.8%

Madrid

$70 3% 12.5% $7.8

Getting Around

Novelda

$45 2.8%

Madrid

$55 2.4% 23.7% $11

Cost Breakdown

A one-bedroom apartment in the center runs $921 in Novelda and $1,525 in Madrid. Housing cost is often the main lever when comparing two cities.

Dining out: $57 in Novelda vs $68 in Madrid for a mid-range dinner for two. Groceries echo the gap at $276 vs $304 per month, with Novelda cheaper across the board.

Good to know

🇪🇸 Novelda

🇪🇸 Madrid

🕒 Local time

14:32 2:32 PM

Same time as Novelda

🌤 Weather

👥 Population

25,771

3,332,035 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.13 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Novelda Madrid 340 km

From you

Novelda
Madrid

Distances are measured in a straight line. Your location is detected approximately.

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

Novelda vs Madrid: Cost of Living - Frequently Asked Questions

Novelda wins on cost – living expenses run 30% lower than in Madrid. Housing and daily spending are where you’ll feel the difference most, making Novelda the obvious pick if budget is a priority.

You’d need roughly $2,425 in Novelda and $3,489 in Madrid to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $921 in Novelda versus $1,525 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 10% higher in Madrid. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Novelda – a meal for two runs $57 versus $68 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Novelda gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Novelda and Madrid are both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Novelda gentler on the wallet – expenses run 30% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.