Cost Comparison 2025

MadridvsMilan

Spain
Italy

Overall

💰

+15.4%

Madrid is 15.4%more expensive

Rent

🏠

0.0%

Housing is 0.0% same

Dining

🍽️

+29.0%

Restaurants 29.0% pricier

Groceries

🛒

+20.0%

Food shopping 20.0% more

Comparing the cost of living between Madrid, Spain and Milan, Italy reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Madrid is more expensive than Milan 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 similar than in Milan. A one-bedroom apartment in Madrid's city center costs around €1,200, while the same in Milan is approximately €1,500.

Dining out in Madrid offers significant savings compared to Milan. An inexpensive restaurant meal costs €12 in Madrid versus €18 in Milan.

Public transportation in Madrid is more expensive, with monthly passes at €55 compared to €39 in Milan.

Grocery shopping in Madrid is more affordable by approximately 17%. Basic items like milk, bread, and eggs show lower 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 Milan, the same lifestyle would cost around €549. For families, these figures increase significantly, with a family of four requiring about €1,466 monthly in Madrid versus €1,921 in Milan. 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
Milan, Italy

🏠 Housing Costs (Monthly Rent)

1BR City Center
€1,200
€1,500
1BR Outside Center
€900
€1,000
3BR City Center
€2,300
€3,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
€12
€18
Meal for 2, Mid-range Restaurant
€60
€80
Cappuccino
€3
€2
Domestic Beer (0.5L)
€4
€6

🛒 Groceries

Milk (1L)
€1
€2
Bread (500g)
€1
€2
Eggs (12)
€2
€4
Cheese (1kg)
€11
€16

🚌 Transportation

One-way Ticket
€2
€2
Monthly Pass
€55
€39
Taxi Start
€4
€6
Gasoline (1L)
€2
€2

💡 Utilities & Internet

Basic Utilities (85m²)
€120
€180
Internet (60 Mbps)
€35
€30
Mobile Minute
€0
€0

Tips for Moving Between Cities

For those considering a move from Madrid to Milan, 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 Milan to Madrid 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

Milan

Cost of Living Index75
Rent Index50
Purchasing Power Index75

Frequently Asked Questions

Is Madrid more expensive than Milan?

Yes, Madrid is approximately 15.4% more expensive than Milan overall. The biggest differences are in housing and restaurant prices.

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

To maintain the same standard of living, you would need approximately 1.2x of your Milan salary when living in Madrid. For example, if you earn $50,000 in Milan, you'd need about $57,692 in Madrid for a comparable lifestyle.

What are the biggest cost differences between Madrid and Milan?

The most significant cost difference is in dining out. Restaurant prices vary by about 23%, which can significantly impact your entertainment budget. 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, Milan provides lower living costs, which benefits budget-conscious travelers. Consider Madrid if you prioritize earning potential, or Milan for affordability.

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

In Madrid, a single person needs approximately €1,319 per month (including rent), while a family of four requires about €3,166. In Milan, these figures are €1,549 for singles and €3,721 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Madrid and Milan 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 Milan to maintain your lifestyle from Madrid

Calculate Salary Equivalence

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