Travel costs / Europe / Madrid
Cost of living in Madrid for digital nomads
What a month in Madrid, Spain really costs: rent, coworking, food and getting around, from sources you can check.
A comfortable week, staying by the night: about $1,340.
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Prices in Madrid
| What | Price | Sources |
|---|---|---|
| Rent, furnished 1-bedFurnished 1-bedroom on a mid-term rental platform in central areas (Embajadores, Malasaña, Chamberí, Salamanca), per month; most listings sit between 1,350 and 2,400 euros | $1,507 to $2,680per month | spotahome.com |
| Short stayBudget hotel or hostal private room at the low end; average hotel room rate (181 euros, first half of 2026) at the high end, per night | $63 to $203per night | kayak.com thebettervacation.com eldebate.com |
| CoworkingMonthly flexible desk including 21% VAT: FreeLand Almagro 99 euros plus VAT, Impact Hub Alameda 220 euros plus VAT | $134 to $297per month | coworkingspain.es coworkingspain.es cuantomecuesta.com |
| Local restaurant mealMenu del dia (weekday set lunch with drink) at a local restaurant, 13 to 15 euros; Madrid region average 15 euros in 2026 | $15 to $17per meal | timeout.es timeout.es |
| Mid-range dinnerRelaxed dinner at a mid-range restaurant with a drink, 25 to 40 euros per person | $28 to $45per person | thebettervacation.com |
| CoffeeCafe con leche at a bar (about 2.50 euros) to a specialty flat white (3.60 euros at Hola Coffee) | $3 to $4per cup | timeout.es thecoffeevine.com |
| Getting aroundMonthly public transport pass (Abono 30 dias) for zone A, discounted through Dec 2026: 32.70 euros for ages 26 to 64, 10 euros for under 26 | $11 to $37per month | crtm.es timeout.es |
| Phone dataPrepaid SIM per month: Digi 25GB for 5 euros up to Orange Prepago 10 with 80GB for 10 euros (passport needed to register) | $6 to $11per month | digimobil.es kelisto.es |
In US dollars, converted at $1 = 0.90 EUR on 6 November 2026. How the monthly totals are worked out is below.
Where nomads stay
Good to know
Rent is the big cost: furnished mid-term flats in the centre rarely go below 1,300 euros a month. The transport pass is a bargain thanks to a discount that runs until the end of 2026.
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Similar to Madrid
Cheaper than Madrid
Questions
How much does it cost to live in Madrid as a digital nomad?
About $2,650 a month on a lean budget, $4,020 comfortable and $5,840 upscale, including a furnished 1-bed, eating out, coworking, transport and a SIM. Prices checked November 2026.
How much is rent in Madrid for a month?
A furnished 1-bed in the areas nomads stay costs $1,507 to $2,680 a month for a 1 to 3 month stay.
How much is coworking in Madrid?
A monthly hot desk costs $134 to $297.
How much is a week in Madrid?
About $1,340 for a comfortable week, staying by the night and eating out, without coworking or flights.
How we price a month
Every number on these pages comes from a source we opened and link to: rental platforms and market reports for rent, coworking spaces' own price pages, transport fare pages, carriers' prepaid plans, and real menus. Prices are converted to US dollars on the date checked. We don't copy other cost of living sites.
A month is a furnished 1-bed rental, two meals out a day and one coffee, a monthly transport pass or typical ride spend, a local SIM, and a coworking desk. Lean uses the low end of each range, comfortable the middle, upscale the top. Stays under 28 nights are priced by the night. Groceries, flights, insurance and visas aren't included.
Prices last checked November 2026. Spot something out of date? Email brad@neworbit.app.