Last update: Oct 2026

Cost of Living Comparison Between Segovia and Madrid

For one person, living is cheaper in Segovia: $1,570 a month against $2,265 in Madrid, rent and utilities included – about $8,300 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Segovia
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Segovia Living Index
111

Cost of Living Index in Madrid
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Madrid Living Index

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Segovia

🇪🇸 Spain

$1,570

/mo nomad

Madrid

🇪🇸 Spain

$2,265

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,570 in Segovia versus $2,265 in Madrid.

Segovia $1,570
Madrid $2,265

Estimated couple costs with rent: $2,297 in Segovia versus $3,296 in Madrid.

Segovia $2,297
Madrid $3,296

Monthly costs for a family of three with rent: $3,024 in Segovia versus $4,328 in Madrid.

Segovia $3,024
Madrid $4,328

Living in Segovia costs roughly 31% less than in Madrid, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Segovia 16% above, Madrid 68% above.

Meal at Budget Restaurant

$16.69 €14.85

$18.20 €16.19

-8.30%

Three-Course Dinner for Two, Mid-Range

$47.17 €41.96

$68.1 €60.5

-30.69%

Fast Food Meal (McDonalds, etc)

$11.09 €9.87

$11.24 €9.99

-1.33%

Cappuccino

$2.07 €1.84

$3.15 €2.80

-34.29%

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

$2.40 €2.14

$3.36 €2.99

-28.57%

Water (0.33 liter bottle)

$1.88 €1.68

$2.36 €2.10

-20.34%

Local Beer (0.5 liter draught)

$3.36 €2.99

$3.83 €3.40

-12.27%

Imported Beer (0.33 liter bottle)

$3.38 €3.00

$4.92 €4.38

-31.30%

Milk (1 liter)

$1.15 €1.03

$1.32 €1.17

-12.88%

White Bread (500g)

$1.02 €0.90

$1.61 €1.43

-36.65%

Rice (white) (1kg)

$1.57 €1.40

$1.65 €1.47

-4.85%

Eggs

$2.87 €2.56

$4.07 €3.62

-29.48%

Local Cheese (1kg)

$15.47 €13.76

$15.82 €14.07

-2.21%

Chicken Fillets (1kg)

$10.79 €9.59

$9.49 €8.44

13.70%

Beef Round Steak (1kg)

$22.63 €20.13

$17.52 €15.59

29.17%

Apples (1kg)

$2.81 €2.50

$2.56 €2.27

9.77%

Banana (1kg)

$2.30 €2.05

$2.09 €1.86

10.05%

Oranges (1kg)

$2.25 €2.00

$2.47 €2.19

-8.91%

Tomato (1kg)

$2.20 €1.96

$2.49 €2.22

-11.65%

Potato (1kg)

$2.06 €1.83

$2.26 €2.01

-8.85%

Onion (1kg)

$2.03 €1.80

$2.15 €1.91

-5.58%

Lettuce (1 head)

$1.71 €1.52

$1.57 €1.40

8.92%

Water (1.5 liter bottle)

$0.56 €0.50

$1.07 €0.95

-47.66%

Cigarettes 20 Pack (Marlboro, Camel)

$6.08 €5.41

$6.55 €5.82

-7.18%

Wine (Bottle)

$6.79 €6.04

$7.65 €6.81

-11.24%

Local Beer (0.5 liter bottle)

$1.06 €0.94

$1.17 €1.04

-9.40%

Imported Beer (0.33 liter bottle)

$1.57 €1.40

$2.22 €1.97

-29.28%

One-way Ticket (Public Transport)

$1.14 €1.02

$1.63 €1.45

-30.06%

Public Transport Monthly Pass (Regular Price)

$36.42 €32.39

Taxi Start (Normal Tariff)

$4.51 €4.01

$3.73 €3.32

20.91%

Taxi (Normal Tariff) (1km)

$2.20 €1.96

$1.54 €1.37

42.86%

Taxi 1hour Waiting (Normal Tariff)

$22.77 €20.26

$29.17 €25.95

-21.94%

Gasoline (1 liter)

$1.78 €1.59

$1.78 €1.58

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

$35.6K €31.6K

$35.5K €31.6K

0.23%

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

$29.0K €25.8K

$33.2K €29.6K

-12.84%

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

$118 €105

$189 €168

-37.36%

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

$19.72 €17.54

$17.48 €15.55

12.81%

Internet (50+ Mbps, Unlimited Data)

$28.50 €25.35

$34.32 €30.53

-16.96%

Gym Membership (Monthly)

$39.20 €34.86

$48.62 €43.25

-19.37%

Tennis Court (1 Hour on Weekend)

$24.73 €22.00

$18.44 €16.40

34.11%

Cinema Ticket

$7.14 €6.35

$11.04 €9.82

-35.33%

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

$177 €157

$693 €617

-74.54%

International Primary School, 1 Child (Yearly)

$5,861 €5,213

$17.8K €15.8K

-66.99%

Jeans (Levis 501 Or Similar)

$73.0 €64.9

$84.6 €75.3

-13.72%

Summer Dress (H&M, Zara, etc)

$35.53 €31.60

$42.50 €37.80

-16.40%

Sport Shoes (Adidas, Nike)

$77.6 €69.1

$110 €98.1

-29.62%

Men's Leather Business Shoes

$77.6 €69.1

$112 €99.9

-30.85%

1-bedroom Apartment, City Center (Monthly)

$991 €882

$1,506 €1,339

-34.19%

1-bedroom Apartment, Outside City Center (Monthly)

$678 €603

$1,170 €1,041

-42.05%

3-bedroom Apartment, City Center (Monthly)

$1,570 €1,397

$2,756 €2,451

-43.02%

3-bedroom Apartment, Outside City Center (Monthly)

$969 €862

$1,845 €1,641

-47.46%

Buy Apartment in City Center (m2)

$4,423 €3,934

$9,168 €8,155

-51.76%

Buy Apartment Outside City Center (m2)

$2,245 €1,997

$4,234 €3,766

-46.97%

Average Monthly Net Salary (After Tax)

$1,793 €1,595

$2,483 €2,209

-27.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.08

3.14

-1.91%

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

Last update for Segovia: October 11, 2026

Last update for Madrid: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Segovia

$678 43.2%

Madrid

$1.2K 51.7% 72.6% $492

Groceries & Markets

Segovia

$301 19.2%

Madrid

$303 13.4% 0.6% $1.7

Eating Out

Segovia

$232 14.8%

Madrid

$269 11.9% 15.7% $37

Monthly Utilities & Internet

Segovia

$167 10.6%

Madrid

$241 10.6% 44.5% $74

Clothing & Footwear

Segovia

$119 7.6%

Madrid

$157 7% 32.6% $39

Sport & Entertainment

Segovia

$53 3.4%

Madrid

$71 3.1% 32.2% $17

Getting Around

Segovia

$20 * 1.3%

Madrid

$54 2.4% 171% $34

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $991 in Segovia and $1,506 in Madrid. Housing cost is often the main lever when comparing two cities.

Madrid pays 39% 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: $47.00 in Segovia vs $68.0 in Madrid for a mid-range dinner for two. Groceries echo the gap at $301 vs $303 per month, with Segovia cheaper across the board.

Good to know

🇪🇸 Segovia

🇪🇸 Madrid

🕒 Local time

13:28 1:28 PM

Same time as Segovia

🌤 Weather

👥 Population

51,011

3,332,035 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Segovia Madrid 69 km

From you

Segovia
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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

Segovia vs Madrid: Cost of Living - Frequently Asked Questions

Segovia wins on cost – living expenses run 44% lower than in Madrid. Housing and daily spending are where you'll feel the difference most, making Segovia the obvious pick if budget is a priority.

On paper, salaries run 39% 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: $991 in Segovia versus $1,506 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $177 in Segovia versus $693 in Madrid. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Segovia – a meal for two runs $47.00 versus $68.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,570 in Segovia versus $2,265 in Madrid, a $1,000 budget is realistic in Segovia but tight or insufficient in Madrid. The gap between the two cities makes Segovia the clear choice for anyone on this budget.

Both work as nomad bases, but Segovia delivers better value – similar infrastructure at $1,570 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Segovia hard to pass up.

Safety-wise, Segovia 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 Segovia gentler on the wallet – expenses run 44% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.