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Madrid vs Valencia cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money · Updated September 2026
🇪🇸 Madrid
🇪🇸 ValenciaValencia is 13% cheaper than Madrid
Living on $4,794 a month in Madrid feels like about $4,077 in Valencia — same standard of living, compared by feel rather than exchange rate.
Per day
$252 vs $223
Per month
$4,794 vs $4,077
Local meal
€ 12 vs € 12
$14 vs $14
Taxi 5 km
€ 10 vs € 9
$11.6 vs $10.5
At a glance
Foodsimilar
Cafés & drinksValencia 14% cheaper
Transportsimilar
StayValencia 19% cheaper
Funsimilar
- Where Valencia is clearly cheaper: Studio rent (month) (21%↓), Beer (17%↓), Cocktail & wine (17%↓)
Item by item
| Item | Madrid | Valencia | Cheaper |
|---|---|---|---|
| Local mealper person | € 12$14 | € 12$14 | similar |
| Street food1 item | € 5.4$6.28 | € 5.4$6.28 | similar |
| Restaurant dinnerper person | € 26$30.2 | € 25$29.1 | similar |
| Coffeeone cup | € 2$2.33 | € 1.8$2.09 | Valencia −10% |
| Beerone bottle | € 3$3.49 | € 2.5$2.91 | Valencia −17% |
| Cocktail & wineone cup | € 7.8$9.07 | € 6.5$7.56 | Valencia −17% |
| Bottled water | € 1.5$1.74 | € 1.3$1.51 | Valencia −13% |
| Convenience store1 snack or drink | € 3.8$4.42 | € 3.3$3.84 | Valencia −13% |
| Taxi5 km in town | € 10$11.6 | € 9$10.5 | Valencia −10% |
| Tuk-tuk / moto taxishort hop | € 7$8.14 | € 7$8.14 | similar |
| Transitone ride | € 1.5$1.74 | € 1.5$1.74 | similar |
| Scooter rentalper day | € 30$34.9 | € 28$32.6 | Valencia −7% |
| Hotel night3-star | € 120$140 | € 100$116 | Valencia −17% |
| Studio rent (month) | € 1,200$1,395 | € 950$1,105 | Valencia −21% |
| Laundry | € 3$3.49 | € 3$3.49 | similar |
| SIM card1 week data | € 13$15.1 | € 13$15.1 | similar |
| Haircutcut | € 16$18.6 | € 16$18.6 | similar |
| Massage1 hour | € 47$54.7 | € 45$52.3 | similar |
| Half-day tourper person | € 43$50 | € 42$48.8 | similar |
| Entry ticketTourist town | € 13$15.1 | € 12$14 | Valencia −8% |
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 Valencia?
Valencia is 13% cheaper than Madrid. Daily budget $252 vs $223; a month $4,794 vs $4,077.
How do monthly costs compare between Madrid and Valencia?
With a short-term studio and living costs, Madrid is about $4,794 and Valencia about $4,077 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.