Cost of Living Comparison Between Novelda and Madrid Cost of Living Comparison Between Novelda and Madrid

Monthly Cost of Living

Monthly costs for one person with rent: $1,566 in Novelda versus $2,273 in Madrid.

Estimated couple costs with rent: $2,313 in Novelda versus $3,389 in Madrid.

Monthly costs for a family of three with rent: $3,061 in Novelda versus $4,505 in Madrid.

Living in Novelda costs roughly 31% less than in Madrid, driven mainly by Eating Out.

Both cities are pricier than the global median: Novelda 17% above, Madrid 70% above.

Meal at Budget Restaurant

$15.01 €12.85

$17.64 €15.10

-14.91%

Three-Course Dinner for Two, Mid-Range

$57.9 €49.60

$70.5 €60.3

-17.78%

Fast Food Meal (McDonalds, etc)

$10.57 €9.04

$11.66 €9.98

-9.35%

Cappuccino

$2.10 €1.79

$3.10 €2.65

-32.26%

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

$2.30 €1.97

$3.06 €2.62

-24.84%

Water (0.33 liter bottle)

$1.49 €1.27

$2.10 €1.80

-29.05%

Local Beer (0.5 liter draught)

$2.92 €2.50

$4.07 €3.48

-28.26%

Imported Beer (0.33 liter bottle)

$3.54 €3.03

$4.52 €3.87

-21.68%

Milk (1 liter)

$1.12 €0.96

$1.25 €1.07

-10.40%

White Bread (500g)

$1.34 €1.15

$1.69 €1.44

-20.71%

Rice (white) (1kg)

$1.55 €1.32

$1.65 €1.41

-6.06%

Eggs

$2.90 €2.48

$3.35 €2.87

-13.43%

Local Cheese (1kg)

$11.56 €9.89

$14.57 €12.47

-20.66%

Chicken Fillets (1kg)

$9.07 €7.76

$9.12 €7.80

-0.55%

Beef Round Steak (1kg)

$14.77 €12.64

$16.67 €14.27

-11.40%

Apples (1kg)

$2.59 €2.22

$2.66 €2.28

-2.63%

Banana (1kg)

$1.77 €1.52

$2.21 €1.89

-19.91%

Oranges (1kg)

$1.44 €1.23

$2.47 €2.11

-41.70%

Tomato (1kg)

$2.27 €1.94

$2.71 €2.32

-16.24%

Potato (1kg)

$1.87 €1.60

$2.11 €1.81

-11.37%

Onion (1kg)

$1.68 €1.43

$2.14 €1.83

-21.50%

Lettuce (1 head)

$1.18 €1.01

$1.41 €1.20

-16.31%

Water (1.5 liter bottle)

$0.70 €0.60

$0.97 €0.83

-27.84%

Cigarettes 20 Pack (Marlboro, Camel)

$6.70 €5.73

$7.08 €6.06

-5.37%

Wine (Bottle)

$5.25 €4.49

$8.12 €6.95

-35.34%

Local Beer (0.5 liter bottle)

$1.18 €1.01

$1.39 €1.19

-15.11%

Imported Beer (0.33 liter bottle)

$1.80 €1.54

$2.25 €1.92

-20.00%

One-way Ticket (Public Transport)

$1.65 €1.42

$1.78 €1.52

-7.30%

Public Transport Monthly Pass (Regular Price)

$33.53 €28.70

$48.86 €41.82

-31.38%

Taxi Start (Normal Tariff)

$1.66 €1.42

$4.16 €3.56

-60.10%

Taxi (Normal Tariff) (1km)

$1.20 €1.03

$1.38 €1.18

-13.04%

Taxi 1hour Waiting (Normal Tariff)

$17.58 €15.05

$28.62 €24.50

-38.57%

Gasoline (1 liter)

$1.82 €1.56

$1.88 €1.61

-3.19%

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

$34.9K €29.9K

$38.3K €32.8K

-8.79%

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

$29.8K €25.5K

$34.4K €29.4K

-13.43%

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

$126 €108

$192 €164

-34.60%

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

$13.73 €11.75

$21.59 €18.48

-36.41%

Internet (50+ Mbps, Unlimited Data)

$32.02 €27.41

$35.26 €30.19

-9.19%

Gym Membership (Monthly)

$47.56 €40.71

$53.4 €45.71

-10.92%

Tennis Court (1 Hour on Weekend)

$14.95 €12.80

$17.72 €15.17

-15.63%

Cinema Ticket

$9.42 €8.06

$11.78 €10.08

-20.03%

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

$597 €511

$674 €577

-11.48%

International Primary School, 1 Child (Yearly)

$10.6K €9,034

$12.2K €10.5K

-13.64%

Jeans (Levis 501 Or Similar)

$71.8 €61.5

$95.7 €81.9

-24.93%

Summer Dress (H&M, Zara, etc)

$31.07 €26.59

$41.61 €35.61

-25.33%

Sport Shoes (Adidas, Nike)

$100 €85.8

$104 €89.4

-4.08%

Men's Leather Business Shoes

$107 €91.9

$133 €114

-19.24%

1-bedroom Apartment, City Center (Monthly)

$867 €742

$1,595 €1,365

-45.66%

1-bedroom Apartment, Outside City Center (Monthly)

$686 €587

$1,109 €949

-38.17%

3-bedroom Apartment, City Center (Monthly)

$1,315 €1,126

$2,858 €2,446

-53.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 €863

$1,890 €1,618

-46.68%

Buy Apartment in City Center (m2)

$3,551 €3,039

$9,394 €8,042

-62.21%

Buy Apartment Outside City Center (m2)

$2,369 €2,028

$4,583 €3,923

-48.32%

Average Monthly Net Salary (After Tax)

$2,602 €2,227

20-Year Fixed Mortgage Interest Rate (Annual %)

3.44

3.43

0.29%

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

Last update for Novelda: April 27, 2026

Last update for Madrid: April 26, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $867 in Novelda and $1,595 in Madrid. Housing cost is often the main lever when comparing two cities.

Dining out: $58.0 in Novelda vs $70.0 in Madrid for a mid-range dinner for two. Groceries echo the gap at $250 vs $294 per month, with Novelda 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

Novelda vs Madrid: Cost of Living - Frequently Asked Questions

Novelda wins on cost – living expenses run 45% 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 $2,349 in Novelda and $3,409 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: $867 in Novelda versus $1,595 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 18% 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 $58.0 versus $70.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,566 in Novelda versus $2,273 in Madrid, a $2,000 budget is realistic in Novelda but tight or insufficient in Madrid. The gap between the two cities makes Novelda the clear choice for anyone on this budget.

Both work as nomad bases, but Novelda delivers better value – similar infrastructure at $1,566 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Novelda hard to pass up.

Safety-wise, Novelda 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 Novelda gentler on the wallet – expenses run 45% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.