Cost of living in Madrid in 2025

How much money do you need to live in Madrid?

Madrid is one of the most affordable European capitals. With a reasonable budget you can live very well.

Rent

A room in a shared flat in central areas: €500-800/month. A studio: €900-1200/month.

Transport

The monthly travel card costs around €54 for zone A (the whole city). Metro, bus and commuter rail included.

Food

Cooking at home: €200-300/month. Mixing market and restaurants: €400-500/month.

Total estimated budget

To live comfortably in Madrid you need between €1,200 and €1,800 per month depending on your lifestyle.