×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Madrid, Spain: Cost of Living, Healthcare, Local Clubs and Activities, Healthcare and What to Know About Living in Madrid | Expat Exchange
Expat Exchange
Free MembershipSign In
Plaza Mayor in Madrid

Madrid

By Joshua Wood, LPC

Last updated on Jun 04, 2023

Summary: The approximate population of Madrid, Spain is 3.2 million people. People describe Madrid as a vibrant, cosmopolitan city with a rich cultural heritage. Expats love living in Madrid for its lively atmosphere, great food, and friendly people. The weather in Madrid is generally mild with temperatures ranging from an average low of 40°F (4°C) in the winter to an average high of 86°F (30°C) in the summer. The average cost of living in Madrid for an expat is around $2,000 per month. The cost of a one bedroom apartment in Madrid is around $1,000 per month, while a two bedroom apartment is around $1,500 per month.

Balcells Group Lawyers
Balcells Group Lawyers
Balcells Group Lawyers
Balcells Group Lawyers

What do I need to know about living in Madrid?

When we asked people what advice they would give someone preparing to move to Madrid, they said:

"Before retiring in Madrid, expats should familiarize themselves with the local language, Spanish. It is also important to research the cost of living in Madrid, as it can be quite expensive. Additionally, expats should research the healthcare system in Madrid, as well as the availability of public transportation. It is also important to research the local culture and customs, as well as the climate in Madrid. Finally, expats should research the visa requirements for living in Madrid, as well as the process for obtaining residency," explained one expat living in Madrid, Spain.

Balcells Group LawyersBalcells Group Lawyers
Connect

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Click connect to have our partner contact you via e-mail and/or phone.

Balcells Group LawyersBalcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

What do I need to know before moving to Madrid?

When we asked people what advice they would give someone preparing to move to Madrid, they said:

"Madrid is a vibrant and exciting city with a lot to offer expats. Before moving to Madrid, it is important to research the cost of living, as it can be quite high. Additionally, it is important to familiarize yourself with the local culture and customs, as well as the language. It is also important to research the different neighborhoods and find one that best suits your needs. Lastly, it is important to obtain the necessary paperwork and visas to live and work in Madrid," wrote one member in Madrid.

"You can get much cheaper and larger apartments outside of the center of the city (duh). I do like where I live simply because I don't have to go anywhere to have fun. I'm 10 min away from the central tourist/party area of Sol. I live 2 minutes away from a metro stop and have literary hundreds of club and bars outside my doorstep. With all of this I hear no sounds at night since my apartment window faces inwards," remarked one expat who made the move to Madrid.

How do I find a place to live in Madrid?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Looked through a bunch of apartments mostly near the center. Asked around a bit at work as well. Found a flat in a good, central party area. It is small but I don't mind and I live with great people. A co-worker of mine found a place a week later 10 min away from me. for only 100euro more he gets a huge room, huge 2 story apartment with 2 balconies," commented one expat who made the move to Madrid.

"One of the best ways to find a place to live in Madrid is to use online rental websites such as Idealista, Fotocasa, and Habitaclia. These websites allow you to search for rental properties in Madrid by location, price, and other criteria. Additionally, you can contact local real estate agents who specialize in renting properties in Madrid. They can provide you with more information about the local rental market and help you find a place that meets your needs. Finally, you can also look for rental postings on social media sites such as Facebook and Twitter," remarked one expat living in Madrid, Spain.

What is a typical expat home or apartment like in Madrid?

"Expat homes and apartments in Madrid typically feature modern, stylish decor with a mix of traditional Spanish elements. Many apartments have balconies or terraces, allowing for plenty of natural light and outdoor space. Expats can expect to find well-equipped kitchens with modern appliances, and bathrooms with modern fixtures. Expats can also expect to find plenty of storage space, as well as air conditioning and heating. Madrid is a vibrant city, and expats can expect to find plenty of amenities nearby, such as restaurants, shops, and entertainment venues," said one expat in Madrid.

What is the average cost of housing in Madrid?

If you are thinking about moving to Madrid, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Madrid is generally quite high. Renting an apartment in the city center can be expensive, with prices ranging from around €800 to €1,500 per month. Outside of the city center, prices tend to be lower, with apartments costing around €500 to €800 per month," said one expat who made the move to Madrid.

"Way lower, I am paying 400 euro for my small place in the center and my friend is paying 500euro for his huge place near me. His apartment would probably run for about 1000euro or more in DC," explained one expat living in Madrid, Spain.

How do I meet people in Madrid?

When we asked people living in Madrid about club and activities where newcomers can meet others, they responded:

"Expats in Madrid often join clubs and activities such as language exchanges, sports teams, and cultural activities. Expats can also meet people by attending local events such as festivals, concerts, and art exhibitions. Additionally, many expats find it helpful to join online forums and social media groups related to their interests. Finally, expats can also meet people by simply exploring the city and talking to locals in cafes, parks, and other public spaces," remarked one expat living in Madrid, Spain.

Balcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Balcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What should I bring when moving to Madrid?

People living in Madrid were asked what three things they wish they had brought and three they wish they had left behind. They wrote:

"When moving to Madrid, it is important to pack clothing suitable for the climate. Madrid has a Mediterranean climate, so lightweight clothing for the summer and warmer clothing for the winter is recommended. Additionally, it is important to bring any necessary medications, as well as any important documents such as passports and visas. It is also a good idea to bring a few items from home to make the transition easier, such as photos, books, and other sentimental items. Finally, it is important to bring any necessary electronics, such as a laptop, phone, and chargers," wrote one member in Madrid.

"Brought: 1) More clothes, you simply can't get Old Navy/GAP quality clothes for even anywhere close to US prices 2) More hygienic products, once again wayyy more expensive here. 3) Pillows, seriously can't buy a bunch of pillows like you could in Target," remarked one expat who made the move to Madrid.

Where should I setup a bank account in Madrid?

We asked expats in Madrid what banks they use and there advice about banking. They advised:

"Before retiring in Madrid, expats should familiarize themselves with the local language, Spanish. It is also important to research the cost of living in Madrid, as it can be quite expensive. Additionally, expats should research the healthcare system in Madrid, as well as the availability of public transportation. It is also important to research the local culture and customs, as well as the climate in Madrid. Finally, expats should research the visa requirements for living in Madrid, as well as the process for obtaining residency," said one expat in Madrid.

Will I be able to find a job in Madrid?

When we asked people about industries and career opportunities in Madrid, they reponded:

"Foreigners often have jobs in Madrid in a variety of industries, such as hospitality, tourism, retail, and technology. Many foreigners also work as English teachers, translators, and interpreters. Other popular jobs for foreigners include working in finance, marketing, and customer service. Additionally, there are many opportunities for foreigners to work in the creative industries, such as graphic design, photography, and video production," said one expat in Madrid.

What is life like in Madrid?

When we asked people living in Madrid what life is like and how people spend their time, they said:

"Living in Madrid as an expat or digital nomad can be an exciting and rewarding experience. The city is full of vibrant culture, delicious food, and friendly locals. Expats and digital nomads can find plenty of coworking spaces, cafes, and other places to work and socialize. The city also offers a wide range of activities and attractions, from art galleries and museums to parks and nightlife. Madrid is a great place to live for those who want to experience a different culture and lifestyle. The cost of living is relatively low compared to other European cities, making it an attractive option for those looking to live abroad," remarked one expat living in Madrid, Spain.

AGS Worldwide Movers

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

Learn MoreGet Quote

AGS Worldwide Movers

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

Learn MoreGet Quote

What do expats in Madrid appreciate most about the local culture?

"History.... And the seniors who had a lot to say about the past and the present....," wrote a member in Madrid.

"Expats in Madrid appreciate the city's vibrant culture, which is full of art, music, and history. They also enjoy the city's lively nightlife, with its many bars, clubs, and restaurants. Additionally, expats appreciate the warm and welcoming atmosphere of the city, as well as the friendly locals who are always willing to help. Madrid is also known for its excellent cuisine, with a variety of traditional dishes and international flavors. Finally, expats appreciate the city's mild climate, which allows them to enjoy outdoor activities year-round," commented one expat who made the move to Madrid.

What do expats find most challenging?

"Expats in Madrid often find the Spanish language to be the most challenging aspect of the local culture. Additionally, the Spanish way of life can be difficult to adjust to, as it is quite different from other cultures. For example, the siesta, or afternoon nap, is a common practice in Spain, and can be difficult for expats to get used to. Additionally, the Spanish are known for their relaxed attitude towards time, which can be difficult for those used to a more punctual lifestyle. Finally, the Spanish are known for their strong sense of community and family, which can be difficult for expats to adjust to if they are not used to such close-knit relationships," said one expat in Madrid.

"Understand their ways..... Just because is an industrialized country doesn't mean USA...," said one expat who made the move to Madrid.

Is there a lot of crime in Madrid?

We asked people if there is a lot of crime. They answered:

"Madrid is generally considered to be a safe city, with crime levels lower than the Spanish average. However, like any large city, there are areas where crime is more common. Pickpocketing and other petty crimes are the most common types of crime in Madrid, and tourists should take extra precautions when visiting crowded areas," remarked one expat living in Madrid, Spain.

Is there a lot of diversity? Are people in Madrid accepting of differences?

"Yes, Madrid is a very diverse city. It is home to people from all over the world, including many immigrants from Latin America, Africa, and Asia. People in Madrid are generally accepting of differences and are welcoming to people from all backgrounds. Madrid is a city that celebrates its diversity and encourages people to embrace their differences," said one expat in Madrid.

Balcells Group LawyersBalcells Group Lawyers
Connect

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Click connect to have our partner contact you via e-mail and/or phone.

Balcells Group LawyersBalcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

What are the schools in Madrid like?

"This is a transition school and appropriate only for the very young. The level of English is quite good, but there is no room to run around. I took out my son after 2 years," commented one expat when asked about Numont in Madrid.

"My only advice to you is not to worry, your child will get a warm welcome and will have a great time through his/her time there. There is a big range of nationalities, so be sure that your kid will learn about other cultures," remarked one expat living in Madrid with children attending St. George's School of Madrid.

"The British Council School of Madrid is one of the best international schools in Madrid. It offers a British-style education to students from all over the world, with a curriculum that is based on the National Curriculum of England and Wales. The school also offers a wide range of extra-curricular activities, such as sports, music, and drama. The American School of Madrid is another excellent international school in Madrid, Spain. It offers a comprehensive American-style education to students from all over the world, with a curriculum that is based on the American Common Core State Standards. The school also offers a wide range of extra-curricular activities, such as sports, music, and drama. The International School of Madrid is a bilingual school in Madrid, Spain. It offers a bilingual education to students from all over the world, with a curriculum that is based on the Spanish National Curriculum and the International Baccalaureate Program. The school also offers a wide range of extra-curricular activities, such as sports, music, and drama. The Colegio Internacional de Madrid is another excellent bilingual school in Madrid, Spain. It offers a bilingual education to students from all over the world, with a curriculum that is based on the Spanish National Curriculum and the International Baccalaureate Program. The school also offers a wide range of extra-curricular activities, such as sports, music, and drama," said one expat in Madrid with children at .

View More Answers

What are the pros and cons of living in Madrid?

Expats, digital nomads and retirees living in Madrid responded:

"We love Madrid, it has been more open than a lot cities during COVID times. Food is great, museums are open and public transportation is wonderful. I love I can walk my dog and see people walking and eating. I walk a lot more than in the US, I don t have a car and love it. I want to find a place in the US where where I can walk to many restaurants and stores. I feel safe, I see a lot of police around. The winter was cold, I would prefer a warmer climate," said an expat in Madrid.

"Expats and digital nomads often appreciate the vibrant culture and nightlife of Madrid. They also enjoy the city's rich history, architecture, and art. Additionally, the city's excellent public transportation system makes it easy to get around. On the other hand, some expats and digital nomads may find the cost of living in Madrid to be quite high. Additionally, the city can be quite crowded and noisy, which can be a bit overwhelming for some," remarked one expat in Madrid.

Balcells Group LawyersBalcells Group Lawyers
Connect

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Click connect to have our partner contact you via e-mail and/or phone.

Balcells Group LawyersBalcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

What type of social life can someone expect in Madrid?

When we asked expats and global nomads about their social experiences in Madrid, they replied:

"Expats, retirees and digital nomads living in Madrid typically have an active social life. They often join local clubs and organizations, attend cultural events, and explore the city's many attractions. They also take advantage of Madrid's vibrant nightlife, with its many bars, restaurants, and clubs. Additionally, they often make friends with other expats, retirees, and digital nomads, forming a strong social network," remarked one expat living in Madrid.

"Madrid is a vibrant city with a lively social scene. There are plenty of bars, clubs, and restaurants to explore, as well as a variety of cultural activities to enjoy. The city is known for its lively nightlife, with many bars and clubs staying open until the early hours of the morning. Madrid also has a thriving art and music scene, with many galleries, theatres, and music venues to explore. There are also plenty of outdoor activities to enjoy, such as parks, gardens, and plazas. Madrid is a great city for socializing and meeting new people, and it is easy to find something to do no matter what your interests are," commented one expat living in Madrid, Spain.

What advice to expats in Madrid have about housing?

"When looking for housing in Madrid, it is important to research the different neighborhoods and decide which one best suits your needs. Make sure to visit the area in person to get a better feel for the area. It is also important to consider the cost of living in Madrid, as it can be quite expensive. Additionally, it is important to be aware of the rental laws in Spain, as they can be quite different from other countries. Lastly, it is important to be aware of the potential for scams when renting in Madrid, so it is best to use a reputable rental agency," remarked one expat living in Madrid.

What are medical services in Madrid like?

When we asked expats and global nomads about the quality of medical care in Madrid, they replied:

"Madrid offers a wide range of medical services for its citizens and visitors. The city has a number of public and private hospitals, clinics, and medical centers that provide quality healthcare. Many of these facilities offer specialized services such as cardiology, neurology, and oncology. Additionally, Madrid has a number of pharmacies that provide prescription medications and over-the-counter remedies. The city also has a number of medical centers that provide emergency services and urgent care," remarked one expat living in Madrid.

Are healthcare and health insurance expensive in Madrid?

"Healthcare in Madrid is generally considered to be of a high quality and is available to all citizens and residents. However, it can be expensive for those who do not have health insurance. Health insurance in Madrid is available through private companies, and the cost of coverage can vary depending on the type of plan chosen. Generally, the cost of health insurance in Madrid is higher than in other parts of Spain, but it is still relatively affordable compared to other countries," mentioned an expat living in Madrid.

Balcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Balcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Is the cost of living in Madrid high?

We asked people about the cost of living in Madrid, they wrote:

"The cost of living in Madrid is generally considered to be moderate. Rental prices for a nice 1 bedroom apartment in Madrid, Spain can range from around $800 to $1,200 USD per month, while a nice 2 bedroom apartment can range from around $1,200 to $1,800 USD per month. Eating dinner at a moderately priced restaurant in Madrid can cost around $20 USD per person," said one expat living in Madrid.

What are the visa & residency requirements in Madrid?

"In order to visit Madrid, a visitor must obtain a visa from the Spanish Embassy or Consulate in their home country. The visa application process requires the submission of a valid passport, a completed application form, a passport-sized photograph, and proof of sufficient funds to cover the duration of the stay. Depending on the purpose of the visit, additional documents may be required. In order to obtain residency in Madrid, Spain, an individual must apply for a residence permit. The application process requires the submission of a valid passport, a completed application form, a passport-sized photograph, proof of sufficient funds to cover the duration of the stay, and proof of health insurance. Depending on the purpose of the stay, additional documents may be required. Once the application is approved, the individual will receive a residence permit card, which must be renewed every two years," commented one expat living in Madrid, Spain.

Why do people move to Madrid?

When we asked people why foreigners move to Madrid, they responded:

"Madrid is an attractive destination for expats due to its vibrant culture, excellent cuisine, and diverse nightlife. The city is also known for its rich history, stunning architecture, and beautiful parks and gardens. Additionally, Madrid is a great place to live for its low cost of living, excellent public transportation system, and its proximity to other major cities in Spain. With its warm climate and friendly locals, Madrid is an ideal place for expats to call home," mentioned an expat living in Madrid.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Plaza Mayor in Madrid

Balcells Group Lawyers
Balcells Group Lawyers

Balcells Group provides immigration, business, legal, and tax advice to individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more. They speak English, Spanish, Catalan, and Russian.
Learn More

Balcells Group LawyersBalcells Group Lawyers

Balcells Group provides immigration, business, legal, and tax advice to individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more. They speak English, Spanish, Catalan, and Russian.
Learn More

Contribute to Spain Network Contribute
Help others in Spain by answering questions about the challenges and adventures of living in Spain.

Balcells Group Lawyers
Balcells Group Lawyers

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides