Late dinners, golden plazas, world-class collections.
At $342/day mid-range, Madrid runs 23% over the $279/day global median across 68 cities.
Ranks #42 of 68 cities — roughly pricier than 62% of the destinations we track.
Sits in the "Moderate" affordability tier ($200–350/day mid-range) — comfortably inside our 68-city index.
Madrid sits well above the global median — a $342/day mid-range figure, 23% over the $279/day baseline across 68 cities. Inside Southern Europe it's ranked #5 of 8 on daily cost, 2% above the regional average of $335/day. Individual cost lines all track close to the regional norm, so Madrid's daily figure is a fair proxy for the region as a whole. Season effect is roughly 47% between low and peak, in line with the global average (~47%), which is why timing the trip to apr–jun shows up on nearly every itinerary that hits the numbers on this page.
On a shoulder-season day in Madrid, a budget traveller spends about $150, a mid-range traveller about $342, and a luxury traveller about $960 — per person, covering accommodation, food, local transport, activities, and miscellaneous costs. At $342/day mid-range, Madrid is roughly mid-pack against the 68 cities we track (global median $279/day).
Time your visit for Apr–Jun and the daily figure stays near the baseline; shift into peak and you'll see roughly a 47% swing between low and peak season for the same mid-range trip ($291 → $428 per day).
Compared with nearby Southern Europe destinations, Athens is the cheaper neighbour ($257/day), while Barcelona trends pricier ($365/day).
| Category | Budget | Mid-range | Luxury |
|---|---|---|---|
| accommodation | $80 | $176 | $520 |
| food | $28 | $72 | $192 |
| transport | $10 | $22 | $56 |
| activities | $20 | $48 | $128 |
| Misc & fees | $12 | $24 | $64 |
| Total per day | $150 | $342 | $960 |
Per person · USD · shoulder-season baseline
| Season | Budget / day | Mid / day | Luxury / day |
|---|---|---|---|
| low | $128 | $291 | $816 |
| shoulder | $150 | $342 | $960 |
| peak | $188 | $428 | $1200 |
Best-value window: Apr–Jun
| Length | Budget | Mid-range | Luxury |
|---|---|---|---|
| 3 days | $450 | $1,026 | $2,880 |
| 7 days | $1,050 | $2,394 | $6,720 |
| 14 days | $2,100 | $4,788 | $13,440 |
On-the-ground totals · shoulder season · excludes flights and visas