How much does it cost to travel to Madrid? (2026)
Budget, mid-range and luxury daily estimates for Madrid, in USD and EUR.
Daily and weekly costs
| Tier | Per day (USD) | Per day (EUR) | 7 days (USD) | 7 days (EUR) |
|---|---|---|---|---|
| BudgetHostel bed, cheap meals, public transport | $65 | €58 | $455 | €400 |
| Mid-rangeThree-star hotel, restaurants, some taxis | $155 | €140 | $1,085 | €960 |
| LuxuryFour- or five-star hotel, dining out | $335 | €300 | $2,345 | €2,100 |
Every amount in this table is an estimateestimate, derived from the World Bank price level for Spain rather than quoted by any seller.
How this is calculated
A US baseline of 90, 210 and 450 USD a day for the three tiers is multiplied by the price level of Spain (0.6452102015243129, World Bank 2025) and by a city-size factor of 1.15, then rounded to the nearest 5 dollars. Local amounts use the World Bank exchange rate of 0.88496895841236 EUR to the dollar, rounded to two significant digits.
These are modeled estimates, not quoted prices. Read the full formula on the methodology page.
Sample prices in Madrid
Typical prices, every one an estimateestimate rather than a quoted price.
Budget hotel room, single traveler
estimate for a basic private room, one night
$60
Casual sit-down meal
estimate for a set lunch or simple café meal
$12
Mid-range restaurant dinner
estimate for a full dinner with a drink at a standard restaurant
$30
Single public transport ride
estimate for a metro or bus ticket
$2
Coffee at a café counter
estimate for a standard espresso
$2
Museum or attraction admission
estimate for a typical single-site entry ticket
$15
Prepaid tourist SIM card
estimate for a one-week data plan
$20
Where the money goes
Across the three tiers, the difference comes mostly from lodging and dining choices rather than transport, which stays relatively cheap at any budget level. A budget day at $65 covers basic accommodation, simple meals, and public transport, while the mid-range figure of $155 allows for better lodging and restaurant meals, and the luxury tier of $335 reflects higher-end hotels and dining. Over a full week these differences compound into totals of $455, $1,085, and $2,345.
January, March, and December are the cheapest and quietest months to visit, which can stretch any of the three daily budgets further, particularly on lodging. All figures here are estimates meant to give a general sense of costs rather than fixed prices, since actual spending varies by traveler habits and specific choices of where to eat and stay.
Cheapest months by climate demand: Jan, Mar and Dec.
Keep reading
More on Madrid
Sources
- GeoNames city database — CC BY 4.0, fetched September 14, 2026
- World Bank price level and exchange rate — CC BY 4.0, data year 2025
AI-written interpretation reviewed against the data above — claude-sonnet-5, generated September 21, 2026. Every number on this page comes from a dataset named here; the formulas are public.