Is Madrid or Lisbon Cheaper?

By Alice Nichols

When it comes to choosing a travel destination, one of the major factors that come into play is the budget. Two of the most popular cities in Europe, Madrid and Lisbon, are often pitted against each other in terms of affordability. So let’s dive in and find out which city is cheaper.

Accommodation

One of the biggest expenses while traveling is accommodation. In general, both Madrid and Lisbon offer a wide range of options for all budgets.

However, as per various travel experts and websites, Madrid is slightly more expensive than Lisbon when it comes to accommodation. The average cost of a budget hotel room in Madrid is around €70-80 per night whereas in Lisbon it’s around €50-60 per night.

Food

Both cities are renowned for their vibrant food scenes and offer an abundance of options for foodies. In terms of eating out, Madrid can be slightly more expensive than Lisbon. A three-course meal for two at a mid-range restaurant in Madrid can cost around €50-60 whereas in Lisbon it’s around €40-50.

Having said that, if you are looking to try some local street food or grab a quick bite on the go, both cities have some great options that won’t put a dent in your wallet.

Transportation

When it comes to getting around the city using public transportation, both Madrid and Lisbon offer affordable options. A single metro/bus ticket costs around €1.5-2 in both cities. However, if you plan on using public transport frequently during your stay, Madrid has better deals on multi-day passes compared to Lisbon.

Sightseeing

Both cities have an abundance of museums, historical landmarks and attractions to explore. In general, entrance fees for attractions tend to be slightly cheaper in Lisbon compared to Madrid.

For example, entrance fees for popular museums like the Prado Museum in Madrid can cost around €15 per person whereas in Lisbon, the Jeronimos Monastery, which is a UNESCO World Heritage site, costs around €10 per person.

Nightlife

Madrid and Lisbon are known for their vibrant nightlife and have a variety of options for party-goers. In general, going out in Madrid tends to be more expensive than in Lisbon. Cocktails and drinks at a mid-range bar can cost around €10-12 in Madrid whereas in Lisbon it’s around €8-10.

Conclusion

To sum it up, both Madrid and Lisbon are affordable destinations that offer a lot to see and do. However, if you are looking for the cheapest option, Lisbon might be your best bet. On the other hand, if you are willing to splurge a little extra on accommodation and food, Madrid might be the better choice.

Ultimately, the decision of which city to choose depends on your personal preferences and budget. Regardless of which city you choose, both Madrid and Lisbon offer an unforgettable travel experience that will leave you with memories for a lifetime.