What is the average monthly cost of living for a single person in Madrid?

AI Answer
A single person in Madrid can expect an average monthly cost of living between $1,200 (budget-conscious) and $2,000+ (comfortable). This includes rent, utilities, food, transport, and leisure. Rent is the biggest variable. A room in a shared apartment can be $400-$600, while a studio apartment typically runs $700-$1,000 in central areas. Utilities (electricity, water, internet) add another $80-$120 per month. Groceries for one person usually cost $200-$300. Eating out can be very affordable, with a "menu del día" (lunch special) often just $12-$15. Public transport is excellent; a monthly pass is around $20-$30, depending on age. Factor in another $100-$200 for leisure and personal expenses. To live comfortably and enjoy Madrid’s vibrant culture, aim for the higher end of the range. It’s always smart to budget an extra 10-15% for unexpected costs.