Living in Madrid
Vogue College students will find Madrid a vibrant and affordable city to study in.
Madrid offers a dynamic, cosmopolitan lifestyle at a lower cost than many other European capitals, making it an ideal choice for students. With its rich culture, vibrant neighbourhoods, and affordable living options, students can experience all the city has to offer without breaking the bank. Below is a breakdown of typical monthly living expenses to help you plan and make the most of your time in this exciting city.
Accommodation Costs
Madrid offers a wide range of housing options to fit every budget, from shared flats to private studios. The cost of rent varies depending on the neighbourhood and type of accommodation, with more affordable options available in areas outside the city centre.
Type of Accommodation |
Estimated Monthly Cost (EUR) |
Shared Room in a Student Residence |
€300 – €600 |
Private Room in Shared Apartment |
€400 – €700 |
Studio Apartment |
€700 – €1,200 |
Utilities (Electricity, Gas, Water, Internet) |
€100 – €150 |
Consider looking for accommodation near metro lines or bus routes. Madrid’s extensive public transportation system makes it easy to live in more affordable neighbourhoods while staying connected to Vogue College.
Public Transport Costs
Madrid has an efficient and affordable public transport system, and students can benefit from discounted travel cards. The city’s metro, buses, and trains are easy to navigate, making transportation both convenient and economical.
Mode of Transport |
Estimated Monthly Cost (EUR) |
Public Transport (Student Rate) |
€20 – €54 (depending on zones) |
Cycling (Bike Rental, BiciMAD) |
€25 – €35 per year (unlimited rides) |
Walking |
Free |
Students under 26 can benefit from the “Abono Joven” card, which allows unlimited travel on all public transport within Madrid for only €20 per month.
Grocery & Dining Costs
Madrid is known for its affordable food options. Whether you prefer cooking at home or dining out, Madrid offers a variety of supermarkets, markets, and eateries to suit your budget.
Item/Activity |
Estimated Monthly Cost (EUR) |
Groceries (for cooking at home) |
€150 – €250 |
Eating Out (Budget Restaurants/Street Food) |
€100 – €150 |
Meal at Mid-range Restaurant |
€10 – €20 per meal |
Coffee at a Cafe |
€1.50 – €3 per coffee |
For affordable groceries, visit local markets like Mercado de San Miguel, or chain supermarkets such as Mercadona and Dia, where you can find fresh produce at great prices.
Leisure Costs
Madrid offers a rich cultural experience with plenty of affordable or free activities. From parks and museums to student discounts at cinemas and theatres, you can enjoy the city’s vibrant culture on a student budget.
Activity |
Estimated Monthly Cost (EUR) |
Cinema Ticket (with student discount) |
€6 – €9 |
Theatre Ticket (student offers available) |
€10 – €25 |
Gym/Fitness Membership |
€20 – €40 |
Streaming Services (Netflix, Spotify, etc.) |
€10 – €15 per service |
Museums & Galleries |
Free or discounted for students |
Madrid is home to many free museums and galleries, such as the Museo del Prado, which offers free entry during specific hours. Don’t miss the opportunity to explore the city’s historical and cultural sites.
Mobile & Internet Costs
Staying connected in Madrid is affordable, with a range of mobile plans and internet services available. Many providers offer competitive pricing for students.
Service |
Estimated Monthly Cost (EUR) |
Mobile Plan (SIM-only, data, calls, texts) |
€10 – €30 |
Broadband (Internet for home) |
€25 – €40 per month (shared cost) |
Most student accommodations include Wi-Fi, so double-check before subscribing to an internet plan. For mobile phones, pre-paid SIM cards with data are a cost-effective option.
Miscellaneous Costs
Madrid offers affordable personal care services and shopping options. Student discounts are available for many activities and purchases.
Item/Activity |
Estimated Monthly Cost (EUR) |
Clothing and Shopping |
€50 – €100 |
Health Insurance (for international students) |
Free (Public healthcare with insurance) |
Study Materials (books, supplies) |
€20 – €40 |
Personal Care (toiletries, haircuts) |
€20 – €30 |
Take advantage of Madrid’s many student-friendly shopping areas and outlets, such as Gran Vía or El Rastro flea market, where you can find bargains on clothing and personal items.
Overall Monthly Budget
Here’s an estimated range of your total monthly costs, depending on your lifestyle and accommodation choices.
Expense Category |
Estimated Monthly Cost (EUR) |
Accommodation |
€300 – €1,200 |
Utilities |
€100 – €150 |
Groceries |
€150 – €250 |
Transport |
€20 – €54 |
Leisure |
€100 – €200 |
Miscellaneous |
€50 – €100 |
Total Estimated Monthly Cost |
€720 – €1,954 |
Madrid is a fantastic choice for Vogue College students seeking an affordable yet cosmopolitan lifestyle. With lower living costs compared to other European capitals, combined with the rich cultural and social scene, you can enjoy your time in Madrid while managing your finances effectively.
