When it comes to traveling, one of the biggest concerns for most people is the budget. Choosing a destination that fits your budget is important if you want to make the most out of your trip without burning a hole in your pocket.
Two popular European cities that are often compared for their cost of living are Madrid and Milan. So, which one is cheaper? Let’s find out.
Accommodation
The cost of accommodation plays a vital role in determining the overall budget for any trip. In Madrid, you can find affordable hotels and hostels starting from €20 per night.
However, if you’re looking for luxury options, prices can go up to €150 or more. Milan, on the other hand, is known for its high-end fashion and luxury lifestyle, which reflects in its accommodation prices as well. The average cost of a mid-range hotel room in Milan is around €100 per night, while luxury hotels can set you back by €300 or more.
Food
Food is another major expense when it comes to traveling. In Madrid, you can enjoy delicious traditional Spanish cuisine without breaking the bank.
A meal at an inexpensive restaurant can cost around €10-€15 per person, while a three-course meal at a mid-range restaurant will set you back by around €30-€35 per person. Milan has a reputation for being expensive when it comes to food, and that’s not entirely wrong. A meal at an inexpensive restaurant can cost around €15-€20 per person, while a three-course meal at a mid-range restaurant will set you back by around €40-€50 per person.
Transportation
Getting around the city is another expense that needs to be considered when planning your travel budget. In Madrid, the public transportation system is efficient and affordable with single tickets costing only €1.50 and day passes costing €8.
However, if you prefer to use taxis, the average cost of a taxi ride is €10-€15 within the city center. Milan also has an efficient public transportation system with single tickets costing €1.50 and day passes costing €4.50. However, taxis are more expensive in Milan, with the average cost of a taxi ride within the city center being around €15-€20.
Attractions
Both Madrid and Milan have plenty of attractions that are worth visiting. In Madrid, you can visit museums and art galleries for free or at a nominal fee.
The entry fee for popular attractions such as the Royal Palace of Madrid and Prado Museum is around €14 per person. In Milan, you can visit iconic landmarks such as the Duomo Cathedral and Galleria Vittorio Emanuele II for free, but entry fees for popular attractions such as the Last Supper painting by Leonardo da Vinci can cost up to €25 per person.
Conclusion
In conclusion, while both Madrid and Milan have their pros and cons when it comes to affordability, Madrid is generally considered a cheaper option compared to Milan. Accommodation and food prices are lower in Madrid than in Milan, while transportation costs are similar. However, it’s important to keep in mind that your travel budget will also depend on other factors such as your travel style and preferences.