Cost of living comparison
compared to
Madrid vs. Ibiza Cost of Living Summary
Madrid is 3.0% more expensive than Ibiza.
- Restaurants
-
pay 12.6% more in Madrid
- Groceries
-
pay 31.8% less in Madrid
- Transportation
-
pay 1.9% more in Madrid
- Housing
-
pay 24.6% less in Madrid
- Childcare
-
pay 51.7% more in Madrid
- Entertainment and Sports
-
pay 8.7% more in Madrid
- Clothing
-
pay 2.5% more in Madrid
The cost of childcare, restaurants, entertainment and sports, clothing, and transportation in Madrid are more expensive than in Ibiza. Expenses including groceries and housing are lower in Madrid.
Madrid vs. Ibiza Cost Breakdown
If you lived in Madrid instead of Ibiza, you would:
pay 12.6% more for restaurants
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.52
€15.05
|
$18.10
€15.55
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.26
€10.53
|
$11.68
€10.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.95
€2.53
|
$3.13
€2.69
|
|
| Bottle of water (11 fl. oz) |
$1.50
€1.29
|
$2.19
€1.88
|
|
Ibiza vs. Madrid - Cost of restaurants
pay 31.8% less for groceries
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.50
€3.01
|
$1.71
€1.47
|
|
| Local cheese (8 oz) |
$10.51
€9.03
|
$7.25
€6.22
|
|
| Milk (1 gallon) |
$5.31
€4.56
|
$4.61
€3.96
|
|
|
Eggs
1 dozen
|
?? |
$3.36
€2.88
|
|
| Boneless chicken breast (1 lb) | ?? |
$4.05
€3.48
|
|
| Apples (1 lb) | ?? |
$1.18
€1.01
|
|
| Bananas (1 lb) | ?? |
$1.02
€0.88
|
|
| Oranges (1 lb) | ?? |
$1.19
€1.03
|
|
| Tomatoes (1 lb) | ?? |
$1.26
€1.08
|
|
| Potatoes (1 lb) | ?? |
$0.94
€0.81
|
|
| Onions (1 lb) | ?? |
$1.01
€0.87
|
|
Ibiza vs. Madrid - Cost of groceries
pay 1.9% more for transportation
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.02
€6.03
|
$7.08
€6.08
|
|
| Monthly public transit pass | ?? |
$45.84
€39.37
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$38,541.72
€33,100.05
|
|
| Taxi trip in downtown area (5 miles) |
$15.77
€13.55
|
$16.23
€13.94
|
|
Ibiza vs. Madrid - Cost of transportation
pay 24.6% less for housing
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$35.04
€30.09
|
$34.54
€29.66
|
|
| 1-Bedroom apartment in downtown area |
$2,335.98
€2,006.16
|
$1,540.98
€1,323.41
|
|
| 1-Bedroom apartment outside city center |
$2,102.38
€1,805.55
|
$1,118.82
€960.85
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$182.98
€157.14
|
$153.78
€132.07
|
|
Ibiza vs. Madrid - Cost of housing
pay 51.7% more for childcare
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$443.84
€381.17
|
$673.20
€578.15
|
|
| Middle school for 1 child, two semesters | ?? |
$13,119.76
€11,267.39
|
|
Ibiza vs. Madrid - Cost of childcare
pay 8.7% more for entertainment and sports
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.50
€3.01
|
$4.50
€3.86
|
|
| Cappuccino in mid-range area |
$2.80
€2.41
|
$3.20
€2.75
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.61
€4.81
|
$7.01
€6.02
|
|
| Monthly membership at local gym |
$87.60
€75.23
|
$51.05
€43.85
|
|
| Movie ticket to theater/cinema |
$9.93
€8.53
|
$11.68
€10.03
|
|
Ibiza vs. Madrid - Cost of entertainment and sports
pay 2.5% more for clothing
|
Ibiza
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$73.58
€63.19
|
$98.88
€84.92
|
|
|
Regular dress
from H&M or similar store
|
$57.23
€49.15
|
$41.27
€35.44
|
|
|
Running shoes
Nike or Adidas
|
$84.68
€72.72
|
$107.49
€92.31
|
|
| Men's business shoes (leather) |
$163.52
€140.43
|
$125.44
€107.73
|
|
Ibiza vs. Madrid - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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