Cost of Living Comparison Between Segovia and Madrid Cost of Living Comparison Between Segovia and Madrid

Monthly Cost of Living

Monthly costs for one person with rent: $1,640 in Segovia versus $2,368 in Madrid.

Estimated couple costs with rent: $2,380 in Segovia versus $3,435 in Madrid.

Monthly costs for a family of three with rent: $3,119 in Segovia versus $4,502 in Madrid.

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

Both cities are pricier than the global median: Segovia 19% above, Madrid 72% above.

Meal at Budget Restaurant

$17.19 €14.83

$18.78 €16.20

-8.47%

Three-Course Dinner for Two, Mid-Range

$48.96 €42.22

$68.5 €59.1

-28.50%

Fast Food Meal (McDonalds, etc)

$11.81 €10.18

$11.98 €10.33

-1.42%

Cappuccino

$2.14 €1.85

$3.22 €2.78

-33.54%

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

$2.58 €2.23

$3.37 €2.91

-23.44%

Water (0.33 liter bottle)

$1.97 €1.70

$2.29 €1.97

-13.97%

Local Beer (0.5 liter draught)

$3.43 €2.96

$3.97 €3.43

-13.60%

Imported Beer (0.33 liter bottle)

$3.45 €2.97

$5.10 €4.39

-32.35%

Milk (1 liter)

$1.13 €0.97

$1.35 €1.16

-16.30%

White Bread (500g)

$1.06 €0.91

$1.64 €1.41

-35.37%

Rice (white) (1kg)

$1.68 €1.44

$1.73 €1.50

-2.89%

Eggs

$3.14 €2.70

$4.42 €3.81

-28.96%

Local Cheese (1kg)

$15.89 €13.71

$17.22 €14.86

-7.72%

Chicken Fillets (1kg)

$11.38 €9.82

$9.82 €8.47

15.89%

Beef Round Steak (1kg)

$23.67 €20.42

$18.22 €15.71

29.91%

Apples (1kg)

$2.80 €2.41

$2.73 €2.36

2.56%

Banana (1kg)

$2.42 €2.08

$2.36 €2.03

2.54%

Oranges (1kg)

$2.35 €2.03

$2.59 €2.24

-9.27%

Tomato (1kg)

$2.33 €2.01

$2.68 €2.31

-13.06%

Potato (1kg)

$2.19 €1.89

$2.29 €1.98

-4.37%

Onion (1kg)

$2.03 €1.75

$2.27 €1.95

-10.57%

Lettuce (1 head)

$1.70 €1.47

$1.58 €1.36

7.59%

Water (1.5 liter bottle)

$0.58 €0.50

$1.12 €0.96

-48.21%

Cigarettes 20 Pack (Marlboro, Camel)

$6.51 €5.62

$6.79 €5.86

-4.12%

Wine (Bottle)

$7.17 €6.18

$8.33 €7.18

-13.93%

Local Beer (0.5 liter bottle)

$1.11 €0.96

$1.23 €1.06

-9.76%

Imported Beer (0.33 liter bottle)

$1.64 €1.41

$2.25 €1.94

-27.11%

One-way Ticket (Public Transport)

$1.13 €0.98

$1.71 €1.47

-33.92%

Public Transport Monthly Pass (Regular Price)

$37.94 €32.72

Taxi Start (Normal Tariff)

$4.56 €3.93

$3.97 €3.42

14.86%

Taxi (Normal Tariff) (1km)

$2.34 €2.02

$1.58 €1.36

48.10%

Taxi 1hour Waiting (Normal Tariff)

$24.23 €20.89

$30.36 €26.19

-20.19%

Gasoline (1 liter)

$1.68 €1.45

$1.84 €1.58

-8.70%

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

$36.7K €31.7K

$37.0K €31.9K

-0.61%

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

$29.9K €25.8K

$34.1K €29.4K

-12.36%

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

$122 €105

$195 €168

-37.22%

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

$20.70 €17.86

$19.08 €16.45

8.49%

Internet (50+ Mbps, Unlimited Data)

$29.61 €25.54

$36.32 €31.33

-18.47%

Gym Membership (Monthly)

$39.95 €34.46

$51.2 €44.18

-22.00%

Tennis Court (1 Hour on Weekend)

$25.34 €21.86

$19.35 €16.69

30.96%

Cinema Ticket

$7.77 €6.70

$11.39 €9.82

-31.78%

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

$188 €162

$696 €600

-72.95%

International Primary School, 1 Child (Yearly)

$6,280 €5,416

$18.0K €15.6K

-65.17%

Jeans (Levis 501 Or Similar)

$76.8 €66.2

$89.1 €76.9

-13.88%

Summer Dress (H&M, Zara, etc)

$37.52 €32.36

$44.57 €38.45

-15.82%

Sport Shoes (Adidas, Nike)

$78.8 €68.0

$108 €93.2

-27.05%

Men's Leather Business Shoes

$81.9 €70.6

$113 €97.4

-27.51%

1-bedroom Apartment, City Center (Monthly)

$1,035 €893

$1,583 €1,366

-34.63%

1-bedroom Apartment, Outside City Center (Monthly)

$720 €621

$1,225 €1,057

-41.25%

3-bedroom Apartment, City Center (Monthly)

$1,616 €1,394

$2,813 €2,426

-42.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,002 €864

$1,871 €1,613

-46.45%

Buy Apartment in City Center (m2)

$4,579 €3,950

$9,303 €8,024

-50.78%

Buy Apartment Outside City Center (m2)

$2,342 €2,020

$4,251 €3,667

-44.90%

Average Monthly Net Salary (After Tax)

$1,861 €1,605

$2,584 €2,229

-27.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.08

3.09

-0.32%

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

Last update for Segovia: August 29, 2026

Last update for Madrid: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,035 in Segovia and $1,583 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: $49.00 in Segovia vs $68.0 in Madrid for a mid-range dinner for two. Groceries echo the gap at $314 vs $320 per month, with Segovia 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

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: $1,035 in Segovia versus $1,583 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $188 in Segovia versus $696 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 $49.00 versus $68.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,640 in Segovia versus $2,368 in Madrid, a $2,000 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 $1,640 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.