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
Housing (Rent)
Utilities
Groceries
Dining Out
Transportation
Lifestyle & Entertainment
Healthcare
Phone & Subscriptions
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.
Algarve
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These estimates use a typical expat profile. Adjust housing, dining, and lifestyle preferences to match your actual situation.
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