How Expensive is it to Live in Madrid, Spain?

We ask people in Spain how much do they pay for rent to help outsiders see how much are the prices if you are considering coming here to live.

The questions that we ask are:
0:00 Intro
0:17 Does the neighbourhood affect the price of rent in Madrid?
0:59 How much do you pay for rent?
1:57 How much does it cost going out to eat in Madrid?
2:46 Best Place to live in Madrid?
4:00 What is the average monthly budget of living in Madrid?
5:28 Advice for foreigners coming to live in Madrid?

Please write in the comments what you would want to ask next!
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Thanks for Watching!

[jaime]

I'm from Madrid and I strongly disagree with the prices for going out for dinner. For 30€ per person, you can eat in incredible restaurants, and in some neighborhoods even less

[educontrerascarmona]

Madrileño here, Chamartín is NOT the centre. It's very well connected but still not the centre 😊

Yes rent prices are around 450 to 1000€ a moth, both for full house and for rooms, really depends on location, size, etc. But you can eat for way less than 30 € in the city center, you just have to know where to go, there are plenty of Bars and Restaurants with great offers where you pay something in line of 10 to 18 bucks for a full menu, or for 4/5 Tapas (small dishes) that you can share and get full, some places even offer contius supply of these with any new drik so you can actually eat for free if you now where to go. Off couse if you pretend to eat for 10€ a full menu, in the best part of the city center is going to be imposible, but that just like in any big city in the world.
In terms of rent, in my opinion unless you have plenty of cash to trought away amd dont mind noise of cars and people parting up until the early morning, is much better to go to neighbourhoods outside or close to the outside of the M30 highway that sourround the city center, as you can find much better deals, much more green areas to enjoy, lower princes in most shops, and you can still get to the city center in less than 20 to 30 mins via Metro (subway), Taxi/Uber/Cabify, or the free eletric bike service. In fact if you know how to properly move in the city you can literally get to the other side of the city in less than 45 min without spending more than maybe 10€ or in less than 30 min if you dont mind spending a bit more.

[vanechka]

Great video! Love the fact that the subs are both in english and español. Subbed

[debbiegirard]

I just discovered your channel and love it! Please more videos especially about Madrid, its people, food, places to go and explore! Just more, por favor!

[alvarogines]

I pay 250 month for morgage in la Rioja. 4 rooms and 2 bathrooms. Salary aprox 1400 net

[marvinbido]

I have been in madrid for one year and i have never spent 40 euros in a great dinner. You for sure can have a prrety good meal with 30 euros

[bqvqutu]

I really like having both English and Spanish subtitles together. It's great for ppl trying to learn the language, the real life conservations.

Sadly, the newer videos doesn't have all these. Have to look elsewhere soon

[santiagobydesign]

Muy bueno el video, justo lo que buscaba hoy

[CARACAS]

Excelente !!! Muy buena informacion....me llamo a atencion que muchas personas dicen que entre €1.000 a €1.200 una sola persona puede vivir sin compartir un piso a las afueras de Madrid.

Seria muy informativo saber que hace la gente para entretenerse sin tener que pagar €40-€60 por una comida en el centro de Madrid....

[addaespinoza]

En Chamartí, está un mini, mini apart, € 780, es carísimo, creo que para sentirse cómodo, compartir con 1 persona más, al mes diría que € 1, 400 Euros, si vives alejado el Metro son €3 cada viaje, agua, luz, internet, suma y suma.

[virtyaluk]

Some people in the video sounded like 30 mins of the metro trip is like a crazy long thing. I am from one of the largest cities in Eastern Europe with almost 4 million inhabitants and I still remember my first job was taking me around 1 hour and 30 minutes to get to the office changing from metro to bus midway. And then 1:30 back home. And I didn't complain because I've seen even worse.

[OrganizationXIII]

Come to New Jersey ! Our cost of living is way higher ! Of course not quite as high as NyC or California !

[mangodiet]

Soy de California, y ahora me quiero mudar a Madrid, barato

[johnofdebar]

Greetings from Zurich. I pay 2700euros (2600 CHF) for approx 60m2 not downtown.
I moved from Vienna where I was paying eur 1300 for approx 55m2 for an apartment very downtown within walking distance of everything

[OlicMichael]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[terraGaliciaXXIV]

What will a family of 4 need to live well?

[albertrec]

16, 6 m2 is the average rent official in city of madrid, it includes good and not so good neighborhoods, so 1000€ per 60m2. The same beer can cost between 2.5 and 6 euros it depends… so you can survive sharing flat with 1000€ but it’s not a good style of life, you can’t buy fish for your dinner or try a restaurant without frozen fries in this way. If you want to live alone as an adult person nowadays you need 2000€, at least the half goes directly to your small apartment. También soy madrileño y desde luego que el margen en el sueldo medio no existe en madrid, trabajos cualificados y no cualificados.

[alvaroelv]

Los precios que han dicho de la comida son una locura, cuando salgo a comer rara vez gasto más de 10-15 en el centro, y normalmente como por 3-4€

[davidmctf]

150 euros en comida? ese chico qué es, un pajarito?