Cost Comparison 2025

MadridvsAthens

Spain
Greece

Overall

💰

-15.4%

Madrid is 15.4%cheaper

Rent

🏠

-50.0%

Housing is 50.0% lower

Dining

🍽️

-19.4%

Restaurants 19.4% cheaper

Groceries

🛒

-16.7%

Food shopping 16.7% less

Comparing the cost of living between Madrid, Spain and Athens, Greece reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Madrid is more affordable than Athens by approximately 15.4%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Madrid are higher than in Athens by 100%. A one-bedroom apartment in Madrid's city center costs around €1,200, while the same in Athens is approximately €650.

Dining out in Madrid is notably more expensive compared to Athens. An inexpensive restaurant meal costs €12 in Madrid versus €12 in Athens.

Public transportation in Madrid is more expensive, with monthly passes at €55 compared to €30 in Athens.

Purchasing power in Madrid is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Athens.

Grocery shopping in Madrid is more expensive by approximately 20%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Madrid can expect to spend approximately €419 per month (excluding rent), while in Athens, the same lifestyle would cost around €428. For families, these figures increase significantly, with a family of four requiring about €1,466 monthly in Madrid versus €1,499 in Athens. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Madrid, Spain
Athens, Greece

🏠 Housing Costs (Monthly Rent)

1BR City Center
€1,200
€650
1BR Outside Center
€900
€450
3BR City Center
€2,300
€1,200

🍽️ Food & Dining

Meal, Inexpensive Restaurant
€12
€12
Meal for 2, Mid-range Restaurant
€60
€50
Cappuccino
€3
€4
Domestic Beer (0.5L)
€4
€4

🛒 Groceries

Milk (1L)
€1
€2
Bread (500g)
€1
€1
Eggs (12)
€2
€4
Cheese (1kg)
€11
€10

🚌 Transportation

One-way Ticket
€2
€1
Monthly Pass
€55
€30
Taxi Start
€4
€4
Gasoline (1L)
€2
€2

💡 Utilities & Internet

Basic Utilities (85m²)
€120
€150
Internet (60 Mbps)
€35
€35
Mobile Minute
€0
€0

Tips for Moving Between Cities

For those considering a move from Athens to Madrid, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Madrid to Athens requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Madrid

Cost of Living Index65
Rent Index50
Purchasing Power Index85

Athens

Cost of Living Index55
Rent Index25
Purchasing Power Index45

Frequently Asked Questions

Is Madrid more expensive than Athens?

No, Madrid is approximately 15.4% cheaper than Athens. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Madrid compared to Athens?

To maintain the same standard of living, you would need approximately 87% of your Athens salary when living in Madrid. For example, if you earn $50,000 in Athens, you'd need about $43,333 in Madrid for a comparable lifestyle.

What are the biggest cost differences between Madrid and Athens?

The most significant cost difference is in housing. Rent prices differ by approximately 100%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Madrid offers better purchasing power, making it more attractive for those earning in strong currencies. However, Madrid provides lower living costs, which benefits budget-conscious travelers. Consider Madrid if you prioritize earning potential, or Athens for affordability.

What's a reasonable monthly budget for Madrid vs Athens?

In Madrid, a single person needs approximately €1,319 per month (including rent), while a family of four requires about €3,166. In Athens, these figures are €878 for singles and €2,349 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Madrid and Athens in 2025 shows notable differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Athens to maintain your lifestyle from Madrid

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers