How Much Money Do I Need for 4 Days in Madrid?

By Alice Nichols

If you’re planning a trip to Madrid, one of the most important questions on your mind is probably “how much money do I need for 4 days in Madrid?” It’s an understandable concern because it will help you plan a budget for your entire trip. To answer this question, we’ll take a look at some of the main expenses that you’ll encounter during your stay in Madrid.

Accommodation:

One of the biggest expenses during any trip is accommodation. In Madrid, there are many options available to suit different budgets.

You can choose from hostels, guesthouses, hotels and apartments. Depending on your preferences and needs, you can find affordable accommodation options ranging from €20-€80 per night.

Food:

Madrid is famous for its delicious food and it’s definitely worth indulging in some local cuisine during your stay. You can find plenty of budget-friendly restaurants and cafes all around the city. The cost of food varies depending on where you choose to dine, but you should expect to pay around €10-€20 per meal.

Transportation:

Madrid has an extensive public transportation system that includes buses, metro, and trains. A single metro ticket costs around €1.50 while a ten-journey ticket will cost €12.20. Depending on how much sightseeing you plan to do, you may also want to consider purchasing a tourist travel pass which will allow unlimited use of public transport within the city.

Sightseeing:

Madrid has many famous landmarks such as the Royal Palace of Madrid, Prado Museum and Gran Via which are must-visit places for tourists. The cost of entry tickets varies depending on the attraction but it usually ranges from €5-€15 per person.

Additional Expenses:

It’s always good to have some extra money on hand for unexpected expenses such as souvenirs, snacks, and drinks. You can expect to pay around €3-€5 for a beer or wine at a bar and €2-€3 for a bottle of water.

Total Cost:

Based on the above estimates, the total cost of a 4-day trip to Madrid would be around €400-€600 per person. This includes accommodation, food, transportation, sightseeing and additional expenses. Of course, these are just rough estimates and your actual expenses may vary depending on the choices you make during your trip.

Conclusion:

Madrid is an exciting city with plenty to see and do. By planning ahead and budgeting wisely, you can enjoy everything this city has to offer without breaking the bank. With affordable accommodation options, budget-friendly restaurants and cafes, an extensive public transportation system and many free attractions to explore, you can have an amazing experience in Madrid without spending a fortune.