How Much Do You Spend a Day in Madrid?

By Alice Nichols

Madrid is a beautiful city that attracts millions of tourists every year. It is known for its stunning architecture, vibrant culture, and delicious food.

However, visiting a new city can be expensive, especially if you are not familiar with the local prices and customs. In this article, we will explore the average daily expenses in Madrid and help you plan your budget accordingly.

Accommodation

One of the biggest expenses when traveling is accommodation. Madrid has a variety of options to suit all budgets, from luxury hotels to budget hostels.

On average, a mid-range hotel room in Madrid costs around €80-€120 per night. However, if you are on a tight budget, you can find hostels for as little as €15-€20 per night.

Food

Spanish cuisine is world-renowned for its variety and delicious flavors. While dining out can be expensive, there are plenty of affordable options in Madrid.

A typical breakfast consisting of coffee and toast costs around €3-€4 in a local café. For lunch or dinner, you can try out the famous tapas bars where small dishes cost between €1-€3 each. Alternatively, you can opt for set menus that start at around €10-€12.

Transportation

Madrid has an excellent public transport system that includes buses and metro trains. A single ticket costs €1.50 and is valid for 1 journey with transfers allowed within 1 hour and 15 minutes after validation. If you plan on using public transport frequently during your stay in Madrid, it may be worth investing in a tourist travel card which costs €8 for one day or €35 for seven days.

Entertainment

Madrid has plenty of free things to do such as visiting the many parks or museums like the Museo del Prado which has free admission from 6 pm to 8 pm. For those who want to experience the nightlife, entry fees to clubs and bars can range from €10-€20. However, if you plan on drinking alcohol, it’s important to note that drinks can be quite expensive in Madrid with a beer costing around €3-€4.

Conclusion

In conclusion, the daily expenses in Madrid can vary greatly depending on your preferences and budget. However, as a general guideline, you can expect to spend an average of €50-€70 per day on accommodation, food, transportation, and entertainment. By planning your budget carefully and taking advantage of free activities and affordable dining options, you can enjoy your trip to Madrid without breaking the bank.