General Information

Madrid is the capital and most populous city of Spain. It had a population of over 3.4 million in the city proper in 2025, and a metropolitan area population of approximately 6.8 million. Madrid is the second-largest city in the European Union (EU), after Berlin, and its metropolitan area is the second-largest in the EU, after Paris. The municipality covers an area of 605.77 km2 (233.89 sq mi). Madrid lies on the River Manzanares in the central part of the Iberian Peninsula at about 660 m (2,170 ft) above mean sea level. The capital city of both Spain and the surrounding autonomous community of Madrid, it is the political, economic and cultural centre of the country.

• Population: 3,400,000+ (City Proper)
• Area: 604 km²
• Coordinates: Latitude: 40.416942596436, Longitude: -3.7033333778381
• Timezone: Timezone info not available
• Current Local Time: ailab

Living Expenses

• Rent 1 Bedroom (City Center): 1,000 - 1,600 EUR
• Rent 1 Bedroom (Outside Center): 700 - 1,200 EUR
• Rent 3 Bedroom Apartment (City Center): 2,200 - 3,800 EUR
• Rent 3 Bedroom Apartment (Outside Center): 1,500 - 2,500 EUR
• Monthly Groceries Per Person: 200 - 350 EUR
• Dining Out (Cheap Meal): 10 - 15 EUR
• Dining Out (Mid-range 3-course meal): 30 - 60 EUR
• Utilities (Electricity, Water, Gas): 100 - 200 EUR per month
• Internet: 35 - 60 EUR per month
• Fitness Club / Gym: 25 - 60 EUR per month
• Private School / Childcare: 400 - 1,000 EUR per month
• Public Transport Monthly Pass: 55 - 70 EUR
• Car Fuel (1 liter): 1.60 - 1.80 EUR

Transportation

• Public Transport Monthly Pass: 55 - 70 EUR
• Single Metro/Bus Ticket: 1.50 - 2 EUR
• Metro System: Yes (12 lines)
• Taxi Start Price: 3 - 5 EUR

Salaries

• Average Monthly Salary (Net): 1,800 - 3,000 EUR
• IT Professionals (Junior): 2,000 - 3,500 EUR
• IT Professionals (Senior): 3,500 - 6,500 EUR
• Engineering: 2,500 - 5,500 EUR
• Banking / Finance: 3,000 - 6,500 EUR
• Teaching: 1,800 - 3,000 EUR
• Healthcare (Nurses): 1,800 - 3,000 EUR
• Healthcare (Doctors): 4,000 - 8,000 EUR
• Administrative Jobs: 1,500 - 2,500 EUR
• Retail / Sales: 1,300 - 2,200 EUR
• Freelancers / Consultants: 2,500 - 6,000 EUR

Average Monthly Cost for a Family

• Rent 3 Bedroom Apartment (City Center): 2,200 - 3,800 EUR
• Groceries (Family of 4): 700 - 1,200 EUR
• Utilities: 200 - 400 EUR
• Internet: 35 - 60 EUR
• Transportation: 120 - 180 EUR
• Dining Out: 200 - 400 EUR
• Schooling (1 Child Private): 400 - 1,000 EUR
• Miscellaneous / Entertainment: 150 - 300 EUR

Tourist Attractions

• Prado Museum
• Royal Palace of Madrid
• Retiro Park
• Puerta del Sol
• Plaza Mayor

Major Events

• San Isidro Festival (May)
• Madrid Pride (June-July)
• Madrid International Film Festival
• Three Kings Parade (January)