Last update: Oct 2026

Cost of Living Comparison Between Phuket and Madrid

For one person, living is cheaper in Phuket: $1,208 a month against $2,265 in Madrid, rent and utilities included – about $12,700 less a year. Rent and utilities account for most of the difference.

59

Cost of Living Index in Phuket
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Phuket Living Index
109

Cost of Living Index in Madrid
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Madrid Living Index

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Phuket

🇹🇭 Thailand

$1,208

/mo nomad

Madrid

🇪🇸 Spain

$2,265

/mo nomad

Monthly Cost of Living

How much you'll spend in Phuket 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 Phuket and in Madrid actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,208 in Phuket versus $2,265 in Madrid.

Phuket $1,208
Madrid $2,265

Estimated couple costs with rent: $2,027 in Phuket versus $3,311 in Madrid.

Phuket $2,027
Madrid $3,311

Monthly costs for a family of three with rent: $2,845 in Phuket versus $4,356 in Madrid.

Phuket $2,845
Madrid $4,356

Living in Phuket costs roughly 47% less than in Madrid, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Phuket is 11% below, Madrid is 67% above.

Meal at Budget Restaurant

$4.40 ฿147

$18.06 €16.06

-75.64%

Three-Course Dinner for Two, Mid-Range

$32.26 ฿1,078

$66.5 €59.2

-51.48%

Fast Food Meal (McDonalds, etc)

$8.76 ฿293

$11.40 €10.14

-23.16%

Cappuccino

$2.83 ฿94.5

$3.03 €2.69

-6.60%

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

$0.90 ฿30.14

$3.25 €2.89

-72.31%

Water (0.33 liter bottle)

$0.47 ฿15.56

$2.32 €2.07

-79.74%

Local Beer (0.5 liter draught)

$2.55 ฿85.2

$3.85 €3.42

-33.77%

Imported Beer (0.33 liter bottle)

$3.83 ฿128

$4.82 €4.29

-20.54%

Milk (1 liter)

$1.73 ฿57.7

$1.32 €1.18

31.06%

White Bread (500g)

$1.47 ฿49.11

$1.61 €1.43

-8.70%

Rice (white) (1kg)

$1.51 ฿50.6

$1.75 €1.56

-13.71%

Eggs

$2.17 ฿72.7

$4.06 €3.61

-46.55%

Local Cheese (1kg)

$19.70 ฿658

$16.34 €14.54

20.56%

Chicken Fillets (1kg)

$3.34 ฿112

$9.61 €8.55

-65.24%

Beef Round Steak (1kg)

$11.16 ฿373

$17.43 €15.50

-35.97%

Apples (1kg)

$2.85 ฿95.1

$2.63 €2.34

8.37%

Banana (1kg)

$1.70 ฿56.9

$2.18 €1.93

-22.02%

Oranges (1kg)

$2.19 ฿73.3

$2.50 €2.22

-12.40%

Tomato (1kg)

$2.05 ฿68.4

$2.60 €2.32

-21.15%

Potato (1kg)

$1.45 ฿48.57

$2.25 €2.01

-35.56%

Onion (1kg)

$1.38 ฿46.16

$2.08 €1.85

-33.65%

Lettuce (1 head)

$1.07 ฿35.69

$1.56 €1.39

-31.41%

Water (1.5 liter bottle)

$0.51 ฿16.91

$1.08 €0.96

-52.78%

Cigarettes 20 Pack (Marlboro, Camel)

$4.26 ฿142

$6.70 €5.96

-36.42%

Wine (Bottle)

$18.58 ฿621

$7.82 €6.95

137.60%

Local Beer (0.5 liter bottle)

$1.78 ฿59.7

$1.22 €1.08

45.90%

Imported Beer (0.33 liter bottle)

$2.85 ฿95.2

$2.25 €2.00

26.67%

One-way Ticket (Public Transport)

$2.26 ฿75.6

$1.63 €1.45

38.65%

Public Transport Monthly Pass (Regular Price)

$22.10 ฿738

$37.72 €33.56

-41.41%

Taxi Start (Normal Tariff)

$3.01 ฿101

$3.81 €3.39

-21.00%

Taxi (Normal Tariff) (1km)

$1.06 ฿35.34

$1.49 €1.33

-28.86%

Taxi 1hour Waiting (Normal Tariff)

$3.86 ฿129

$29.99 €26.68

-87.13%

Gasoline (1 liter)

$1.45 ฿48.45

$1.79 €1.59

-18.99%

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

$26.3K ฿879.9K

$33.7K €29.9K

-21.76%

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

$26.9K ฿900.4K

$33.3K €29.6K

-18.98%

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

$96.4 ฿3,221

$190 €169

-49.35%

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

$11.04 ฿369

$17.57 €15.63

-37.17%

Internet (50+ Mbps, Unlimited Data)

$17.14 ฿573

$35.34 €31.43

-51.50%

Gym Membership (Monthly)

$52.2 ฿1,744

$49.52 €44.04

5.37%

Tennis Court (1 Hour on Weekend)

$11.16 ฿373

$18.20 €16.19

-38.68%

Cinema Ticket

$7.81 ฿261

$11.09 €9.87

-29.58%

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

$556 ฿18.6K

$684 €609

-18.74%

International Primary School, 1 Child (Yearly)

$11.6K ฿387.0K

$18.2K €16.2K

-36.44%

Jeans (Levis 501 Or Similar)

$64.2 ฿2,146

$87.8 €78.1

-26.85%

Summer Dress (H&M, Zara, etc)

$28.69 ฿959

$42.06 €37.41

-31.79%

Sport Shoes (Adidas, Nike)

$95.4 ฿3,187

$111 €98.3

-13.72%

Men's Leather Business Shoes

$88.0 ฿2,940

$113 €100

-22.01%

1-bedroom Apartment, City Center (Monthly)

$737 ฿24.6K

$1,509 €1,342

-51.15%

1-bedroom Apartment, Outside City Center (Monthly)

$462 ฿15.5K

$1,162 €1,034

-60.22%

3-bedroom Apartment, City Center (Monthly)

$2,095 ฿70.0K

$2,804 €2,494

-25.29%

3-bedroom Apartment, Outside City Center (Monthly)

$1,201 ฿40.1K

$1,867 €1,661

-35.69%

Buy Apartment in City Center (m2)

$3,488 ฿116.6K

$9,017 €8,021

-61.32%

Buy Apartment Outside City Center (m2)

$2,523 ฿84.3K

$4,294 €3,819

-41.24%

Average Monthly Net Salary (After Tax)

$501 ฿16.7K

$2,495 €2,219

-79.93%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

3.14

77.39%

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

Last update for Phuket: October 19, 2026

Last update for Madrid: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Phuket

$462 38.3%

Madrid

$1.2K 51.3% 151% $700

Groceries & Markets

Phuket

$269 22.2%

Madrid

$308 13.6% 14.5% $39

Monthly Utilities & Internet

Phuket

$125 10.3%

Madrid

$243 10.7% 95.2% $119

Clothing & Footwear

Phuket

$124 10.3%

Madrid

$159 7% 27.8% $35

Eating Out

Phuket

$121 10%

Madrid

$266 11.8% 120% $145

Sport & Entertainment

Phuket

$68 5.6%

Madrid

$72 3.2% 5.8% $3.9

Getting Around

Phuket

$39 3.3%

Madrid

$56 2.5% 40.7% $16

Cost Breakdown

A one-bedroom apartment in the center runs $737 in Phuket and $1,509 in Madrid. Housing cost is often the main lever when comparing two cities.

Madrid pays 398% 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: $32.00 in Phuket vs $66.0 in Madrid for a mid-range dinner for two. Groceries echo the gap at $269 vs $308 per month, with Phuket cheaper across the board.

Good to know

🇹🇭 Phuket

🇪🇸 Madrid

🕒 Local time

11:13 11:13 AM

06:13 6:13 AM

5 h behind Phuket

🌤 Weather

👥 Population

79,308

3,332,035 Capital

💱 Currency

Thai Baht THB ฿

Euro EUR €

📈 Exchange rate

100 THB = 2.99 USD

100 THB = 2.66 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to THB – Thai Baht Converter

🇺🇸 United States Dollar ($)

🇹🇭 Thai Baht (฿)

Thai Baht exchange rates as of October 21, 2026: 1 USD = 33.42 THB (100 THB = 2.99 USD). 1 EUR = 37.57 THB (100 THB = 2.66 EUR).

Euro exchange rates as of October 21, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to THB in detail →

On the map

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Highest

Between locations

Phuket Madrid 10,450 km ≈ 14 h nonstop flight

From you

Phuket
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

Phuket vs Madrid: Cost of Living - Frequently Asked Questions

Phuket wins on cost – living expenses run 87% 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.

On paper, salaries run 398% lower in Madrid. 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: $737 in Phuket versus $1,509 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 14% 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 $32.00 versus $66.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,208 in Phuket versus $2,265 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 $1,208 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Phuket hard to pass up.

Safety-wise, Phuket 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 Phuket gentler on the wallet – expenses run 87% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.