Parents and students frequently come to us asking for the cost of living in Spain. Obviously, the cost of living in Spain varies depending on the city, neighborhood and the standard of living we are used to/we can afford.
Overall, the following guide of Universidad Europea, gives some orientation that can definitively be interesting for students prospecting Madrid, Guide for International students. Universidad Europea.
In summary:
- The rental of studio can range between 800 and 1.500 euros/month
- Monthly expenditure on utilities. 150 euros/month
- Groceries monthly, 200 euros/month
- Monthly transport card, 20 euros/month
- Communications, 50 euros/month
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