🇵🇹 Lisbon vs 🇪🇸 Madrid

Cost of living comparison · 2026

🇵🇹

Lisbon

Portugal

$1,785–$2,826/mo

€1,653 – €2,617 / month (local)

🇪🇸

Madrid

Spain

$2,092–$3,313/mo

€1,937 – €3,068 / month (local)

Madrid is 17% more expensive

Lisbon wins on affordability

Cost breakdown

CategoryLisbon (USD)Madrid (USD)Winner
Rent (1-bed, city center)$1,338–$2,082$1,569–$2,441🟢 Lisbon
Rent (1-bed, outside center)$706–$1,115$828–$1,308🟢 Lisbon
Utilities$56–$108$65–$126🟢 Lisbon
Groceries$283–$424$331–$497🟢 Lisbon
Eating out (mid-range meal)$37–$67$44–$78🟢 Lisbon
Public transport (monthly)$71–$86$83–$100🟢 Lisbon
Internet & Mobile$22–$37$26–$44🟢 Lisbon
Gym membership$26–$48$31–$57🟢 Lisbon
Cinema ticket$10–$13$12–$16🟢 Lisbon
Monthly total (single)$1,785–$2,826$2,092–$3,313🟢 Lisbon

See how your salary compares in both cities

Enter monthly take-home in USD. We compare to our estimated budget range for your household (not financial advice).

Quality of life comparison

Housing6.6 / 10 · 6.0 / 10
Lisbon▲ better
Madrid
Safety9.3 / 10 · 9.3 / 10
Lisbon
Madrid
Healthcare9.3 / 10 · 9.3 / 10
Lisbon
Madrid
Education8.9 / 10 · 8.9 / 10
Lisbon
Madrid
Environment8.0 / 10 · 8.0 / 10
Lisbon
Madrid
Economy8.0 / 10 · 8.0 / 10
Lisbon
Madrid
Culture8.6 / 10 · 8.6 / 10
Lisbon
Madrid
Internet9.0 / 10 · 9.0 / 10
Lisbon
Madrid

Who should choose which city?

Choose Lisbon if…

  • You want lower typical monthly costs than Madrid
  • Value
  • Weather
  • Digital nomads
  • Remote work

Choose Madrid if…

  • You're happy to pay more for what Madrid offers vs Lisbon
  • Lifestyle
  • Healthcare
  • Nightlife
  • EU mobility

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📊

Full Lisbon guide

See all costs, neighborhoods and quality of life scores

Explore Lisbon

📊

Full Madrid guide

See all costs, neighborhoods and quality of life scores

Explore Madrid