Free Museum Hours
Prado free 6-8pm, Reina Sofía free after 7pm. World-class art for free.
Save $15-30 per dayBudget tool
Madrid Trip Cost Calculator
Madrid costs €70-120/day for budget travelers. World-class art for free, legendary tapas, and Spain's capital charm.
days
traveler
Accommodation€0
Hostel Dorm
€0 per night
0
Budget Hotel
€0 per night
0
Mid-Range Hotel
€0 per night
0
Luxury Hotel
€0 per night
0
Food & Dining€0
Menú del Día
€0 per meal
0
Tapas Crawl
€0 per person
0
Restaurant Dinner
€0 per meal
0
Fine Dining
€0 per person
0
Transportation€0
Metro Single Ticket
€0 per ride
0
Tourist Travel Pass
€0 3 days
0
Train to Toledo
€0 return
0
Activities & Attractions€0
Prado Museum
€0 per person
0
Reina Sofía
€0 per person
0
Royal Palace
€0 per person
0
Free Attractions
€0 varies
0
Miscellaneous€0
Caña (Small Beer)
€0 each
0
Vermut
€0 per glass
0
Madrid Budget Guide
Your Madrid Budget at a Glance
Madrid is one of Europe’s most affordable major capitals - cheaper than Barcelona with equally impressive museums. The Prado and Reina Sofía offer free hours, and the menú del día makes dining affordable. Budget travelers can manage on $75-125 per day, mid-range travelers should expect $150-270 per day, and luxury seekers will spend $400+ per day.
Where Your Money Goes
Museums are affordable (or free during evening hours). Food is excellent value with menú del día lunches. Accommodation is cheaper than Barcelona. Transport is cheap and efficient.
Budget Traveler Tips
Maximize your euros by:
- Visiting museums during free evening hours
- Eating menú del día lunches (€12-18 for 3 courses + wine)
- Doing Sunday at El Rastro and La Latina
- Walking between the Golden Triangle museums
- Watching sunset at Templo de Debod (free)
Money-Saving Tips
Eat Menú del Día
3-course lunch with wine for €12-18. Every restaurant offers one.
Save $15-25 per daySunday in La Latina
El Rastro flea market, then tapas hopping. Free entertainment, cheap eats.
Save $20-30 per dayWalk the Golden Triangle
Prado, Reina Sofía, and Thyssen museums are walkable. Save on transport.
Save $5-10 per dayBest Time to Visit
Prices can vary by 40% depending on the season
Peak Season (More Expensive)
- Easter Week (Semana Santa)
- May (San Isidro Festival)
- September - October (pleasant weather)
Low Season (Best Deals)
- January - February
- August (locals leave, hot)
- November - mid-December
Frequently Asked Questions
How much does a week in Madrid cost?
A week in Madrid costs $525-875 for budget travelers, $1,050-1,890 for mid-range, and $2,800+ for luxury travelers. This includes accommodation, food, transport, and activities.
Is Madrid expensive?
Madrid is one of Europe's most affordable major capitals. Cheaper than Barcelona with equally good museums. Menú del día and free museum hours make it budget-friendly.
How many days in Madrid is enough?
3-4 days covers Madrid's highlights. Add time for Toledo or Segovia day trips.
Keep exploring
Ready to Explore Madrid?
Check out our curated travel guides from local experts.