Madrid vs Algarve

Cost of living comparison for expats considering Madrid or Algarve, Mexico.

Based on a typical expat lifestyle

Algarve is 28% cheaper than Madrid

Monthly savings

$854

Spain

Madrid

$3,058

$53,515

Portugal

Algarve

$2,204

$38,570

Cheaper option

Category Breakdown

Category
Madrid
Algarve
Difference

Housing (Rent)

$1,748
$1,242
-29%

Utilities

$170
$173
+2%

Groceries

$210
$189
-10%

Dining Out

$180
$132
-27%

Transportation

$360
$150
-58%

Lifestyle & Entertainment

$280
$226
-19%

Healthcare

$60
$42
-30%

Phone & Subscriptions

$50
$50
Monthly Total
$3,058
$2,204
-28%

Based on a typical expat lifestyle: 1BR furnished apartment in mid-range neighborhood, mix of cooking/eating out, rideshare transportation, moderate entertainment, basic health insurance.

City Insights

Madrid

Budget €5,000-6,000 for initial setup (deposit + first month + agency fees). Shared apartments (€550-700/room) are popular with young expats. Monthly budget: Frugal single $1,500-1,800, Comfortable single $2,400-2,800, Couple $3,500-4,200.

Customize This Comparison

These estimates use a typical expat profile. Adjust housing, dining, and lifestyle preferences to match your actual situation.

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