The cost of living in Madrid can vary depending on individual preferences and lifestyle choices. As a major city, Madrid generally has a higher cost of living compared to other parts of Spain. However, it still offers a range of options to suit different budgets. Here are some key factors to consider:
Accomodation: 500€ – 700€
Utilities: 100€ – 200€
Groceries: 150€ – 250€
Eating out: 100€ – 200€
Transportation: 40€ – 60€
Average cost of living between 900€ – 1500€
For a comprehensive and in-depth understanding, please consult this authoritative source for detailed information.