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Madrid vs Prague cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
๐ช๐ธ Madrid
๐จ๐ฟ Prague
At a glance
- Where Prague is clearly cheaper: Scooter rental (49%โ), Local meal (43%โ), Taxi (42%โ)
- Where Madrid is clearly cheaper: Coffee (22%โ), Entry ticket (17%โ)
By category
Salary equivalence
Travel difficulty
Both cities are about equally easy to travel. Biggest gap: rip-offs & haggling โ Madrid 2 vs Prague 3. Closer to 1 is easier. Difficulty ranking โบ
Item by item
| Item | Madrid | Prague | Cheaper |
|---|---|---|---|
| Local mealper person | โฌ 14$16.3 | Kฤ 200$9.3 | Prague โ43% |
| Street food1 item | โฌ 5$5.81 | Kฤ 90$4.19 | Prague โ28% |
| Restaurant dinnerper person | โฌ 30$34.9 | Kฤ 450$20.9 | Prague โ40% |
| Coffeeone cup | โฌ 2.5$2.91 | Kฤ 80$3.72 | Madrid โ22% |
| Beerone bottle | โฌ 4$4.65 | Kฤ 60$2.79 | Prague โ40% |
| Cocktail & wineone cup | โฌ 9$10.5 | Kฤ 170$7.91 | Prague โ24% |
| Bottled water | โฌ 1.2$1.4 | Kฤ 25$1.16 | Prague โ17% |
| Convenience store1 snack or drink | โฌ 1.8$2.09 | Kฤ 40$1.86 | Prague โ11% |
| Taxi5 km in town | โฌ 11$12.8 | Kฤ 160$7.44 | Prague โ42% |
| Tuk-tuk / moto taxishort hop | โฌ 7$8.14 | Kฤ 110$5.12 | Prague โ37% |
| Transitone ride | โฌ 1.5$1.74 | Kฤ 39$1.81 | similar |
| Scooter rentalper day | โฌ 35$40.7 | Kฤ 450$20.9 | Prague โ49% |
| Hotel night3-star | โฌ 120$140 | Kฤ 2,200$102 | Prague โ27% |
| Studio rent (month) | โฌ 1,250$1,453 | Kฤ 21,000$977 | Prague โ33% |
| Laundry | โฌ 3$3.49 | Kฤ 64$2.98 | Prague โ15% |
| SIM card1 week data | โฌ 15$17.4 | Kฤ 400$18.6 | Madrid โ6% |
| Haircutcut | โฌ 18$20.9 | Kฤ 400$18.6 | Prague โ11% |
| Massage1 hour | โฌ 50$58.1 | Kฤ 1,000$46.5 | Prague โ20% |
| Half-day tourper person | โฌ 35$40.7 | Kฤ 750$34.9 | Prague โ14% |
| Entry ticketTourist town | โฌ 15$17.4 | Kฤ 450$20.9 | Madrid โ17% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Madrid or Prague?
Prague is 33% cheaper than Madrid. Daily budget $267 vs $180; a month $5,187 vs $3,435.
Which is easier to travel, Madrid or Prague?
About the same: Madrid 1.8/5, Prague 1.8/5 (average of rip-offs, language, transport, payments and safety).
How do monthly costs compare between Madrid and Prague?
With a short-term studio and living costs, Madrid is about $5,187 and Prague about $3,435 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.