Cost of living comparison

Trinidad and Tobago

compared to

Spain

Madrid vs. Port Of Spain Cost of Living Summary

Madrid is 26.4% more expensive than Port Of Spain.

Restaurants: pay 75.5% more in Madrid
Groceries: pay 17.6% less in Madrid
Transportation: pay 12.6% less in Madrid
Housing: pay 77.2% more in Madrid
Childcare: pay 66.2% more in Madrid
Entertainment and Sports: pay 12.9% more in Madrid
Clothing: pay 1.8% more in Madrid

The cost of housing, restaurants, childcare, entertainment and sports, and clothing in Madrid are more expensive than in Port Of Spain. Expenses including groceries and transportation are lower in Madrid. Notably, housing and restaurants are significantly more expensive in Madrid.

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Madrid vs. Port Of Spain Cost Breakdown

If you lived in Madrid instead of Port Of Spain, you would:

Display currency: USD

pay 75.5% more for restaurants

	Port Of Spain	Madrid
Basic meal with drink at inexpensive restaurant	$10.32 TTD70.16	$17.92 €15.95	+73.6%
Fast food combo meal McDonalds, or similar	$8.84 TTD60.14	$11.20 €9.97	+26.6%
Bottle of Coca-Cola (11 fl. oz)	$1.02 TTD6.92	$3.30 €2.94	+224.8%
Bottle of water (11 fl. oz)	$0.74 TTD5.01	$2.30 €2.05	+212.2%
Average			+75.5%

Port Of Spain vs. Madrid - Cost of restaurants

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pay 17.6% less for groceries

	Port Of Spain	Madrid
Bread 1 loaf	$2.52 TTD17.12	$1.57 €1.39	-37.8%
Local cheese (8 oz)	$3.32 TTD22.56	$8.35 €7.43	+151.7%
Milk (1 gallon)	$9.25 TTD62.87	$5.25 €4.67	-43.2%
Eggs 1 dozen	$4.38 TTD29.79	$4.15 €3.69	-5.3%
Boneless chicken breast (1 lb)	$4.57 TTD31.07	$4.23 €3.76	-7.6%
Apples (1 lb)	$2.50 TTD17.01	$1.17 €1.04	-53.2%
Bananas (1 lb)	$1.38 TTD9.40	$0.96 €0.85	-30.6%
Oranges (1 lb)	$1.67 TTD11.37	$1.15 €1.02	-31.3%
Tomatoes (1 lb)	$1.95 TTD13.23	$1.16 €1.03	-40.5%
Potatoes (1 lb)	$0.98 TTD6.64	$1.00 €0.89	+2.0%
Onions (1 lb)	$0.86 TTD5.82	$0.97 €0.86	+13.1%
Average			-17.6%

Port Of Spain vs. Madrid - Cost of groceries

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pay 12.6% less for transportation

	Port Of Spain	Madrid
Gasoline (1 gallon)	$4.32 TTD29.40	$6.88 €6.12	+59.0%
Monthly public transit pass	$132.67 TTD902.03	$36.95 €32.89	-72.1%
New Volkswagen Golf 1.4 (standard edition)	$36,853.34 TTD251K	$35,271.67 €31,393.06	-4.3%
Taxi trip in downtown area (5 miles)	$11.06 TTD75.17	$15.84 €14.10	+43.3%
Average			-12.6%

Port Of Spain vs. Madrid - Cost of transportation

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pay 77.2% more for housing

	Port Of Spain	Madrid
Internet connection 50 mbps or faster, cable/dsl	$56.39 TTD383.36	$34.86 €31.03	-38.2%
1-Bedroom apartment in downtown area	$1,014.70 TTD6,898.83	$1,491.38 €1,327.38	+47.0%
1-Bedroom apartment outside city center	$519.48 TTD3,531.93	$1,193.86 €1,062.58	+129.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$69.52 TTD472.63	$144.11 €128.26	+107.3%
Average			+77.2%

Port Of Spain vs. Madrid - Cost of housing

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pay 66.2% more for childcare

	Port Of Spain	Madrid
Private preschool for 1 child, monthly	$399.05 TTD2,713.11	$668.48 €594.97	+67.5%
Middle school for 1 child, two semesters	$10,825.75 TTD73,603.36	$17,859.91 €15,895.97	+65.0%
Average			+66.2%

Port Of Spain vs. Madrid - Cost of childcare

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pay 12.9% more for entertainment and sports

	Port Of Spain	Madrid
Domestic/local beer (1 pint)	$2.21 TTD15.03	$3.92 €3.49	+77.2%
Cappuccino in mid-range area	$3.72 TTD25.28	$3.07 €2.74	-17.3%
Pack of cigarettes Marlboro or similar	$5.90 TTD40.09	$6.72 €5.98	+13.9%
Monthly membership at local gym	$56.51 TTD384.20	$50.67 €45.10	-10.3%
Movie ticket to theater/cinema	$8.84 TTD60.14	$11.20 €9.97	+26.6%
Average			+12.9%

Port Of Spain vs. Madrid - Cost of entertainment and sports

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pay 1.8% more for clothing

	Port Of Spain	Madrid
Regular jeans Levi's brand	$54.67 TTD371.67	$86.50 €76.99	+58.2%
Regular dress from H&M or similar store	$51.59 TTD350.79	$42.98 €38.25	-16.7%
Running shoes Nike or Adidas	$145.94 TTD992.23	$108.99 €97.00	-25.3%
Men's business shoes (leather)	$103.19 TTD701.58	$112.77 €100.37	+9.3%
Average			+1.8%

Port Of Spain vs. Madrid - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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