Is the cost of living in Madrid high?

"The cost of living in Madrid is generally considered to be quite reasonable. Prices for basic necessities such as food, transportation, and housing are generally lower than in other major European cities. However, the cost of living can vary depending on the area of the city and the lifestyle of the individual. For example, living in the city center can be more expensive than living in the suburbs. Additionally, the cost of entertainment and leisure activities can also vary depending on the individual's preferences," mentioned another expat when asked about moving to Madrid, Spain.