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Living in Madrid

Our guide to the city, so you arrive knowing where to start.

The best neighbourhoods in Madrid

Moncloa / Argüelles

University crowd

Tribunal / Malasaña

Hipsters, fashion, music and nightlife

Centro

Where the foreigners are

Barrio de Salamanca

Very posh and upmarket

Lavapiés

Multicultural

La Latina

Beers, squares and tapas

Cost of living

You are in luck! Madrid is a fairly reasonable and affordable city to live in or to visit.

  • The cost of living is around 38% lower than New York or London and 20% lower than Paris or Rome.
  • Average spending for one person is around €650 for housing, food and transport.
  • It can go up if you cannot resist its fantastic range of bars and restaurants, but even so it stays far below any other major European city.
Students in class Our students

Shopping

Madrid offers some of the best shopping in Europe! A few pointers to find exactly what you are after:

  • For the best-known shops (Zara, H&M and Spanish shoe shops such as Aplauso), Gran Vía and the streets running off Sol.
  • For vintage with character — one-off bags and 1950s clothing — try Malasaña or Lavapiés.
  • For labels such as Carolina Herrera, Gucci or Armani, Calle Serrano.
  • And do not miss El Rastro, one of the most famous street markets on the continent: every Sunday and public holiday in La Latina.

For souvenirs, the area around Sol, Plaza Mayor and Gran Vía. If you want something different, La Latina has craft shops — and the museum shops if you are interested in art. The most famous Spanish souvenir: the hand fan.

The markets of Madrid

One of the most traditional and special things about Madrid are its colourful fresh food markets.

Antón Martín

A small traditional market with quality food from many cultures, in colourful Lavapiés.

Santa Isabel 5 · Metro Antón Martín

San Miguel

In La Latina, next to the Plaza Mayor: tapas and prepared bites. If you are short on time and want to try everything, start here.

Plaza de San Miguel · Metro Ópera / Sol

San Antón

In the heart of Chueca: fresh produce, high-quality specialities and counters to eat at on the spot.

Augusto Figueroa 24 · Metro Chueca

Chamartín

One of the largest markets in Madrid: it has everything.

Bolivia 9 · Metro Colombia

Mostenses

Chinese and Japanese food and South American products at reasonable prices.

Plaza de los Mostenses · Metro Plaza de España

Maravillas

Said to be the biggest market in Madrid, with the cheapest prices in the capital.

Bravo Murillo 122 · Metro Alvarado / Cuatro Caminos

Art, leisure and fun

The Golden Triangle of Art — the three great museums:

  • El Prado — the temple of the masterpieces
  • El Reina Sofía — a modern take on art
  • El Thyssen-Bornemisza — an explosive mix of art!

Spacious, light-filled museums packed with works by Picasso, Dalí, Goya, Velázquez and many more.

And to breathe: the Retiro, the Casa de Campo, the Royal Botanical Garden, the Parque del Oeste, the Campo del Moro, the Sabatini Gardens, the Tierno Galván park or the Dehesa de la Villa.

The food. Typical dishes

  • Cocido madrileño
  • Callos a la madrileña
  • Calamari sandwich
  • Huevos estrellados
  • Gallinejas
  • Rosca madrileña
  • Besugo a la madrileña
  • Caracoles a la madrileña
  • Torrijas
  • Churros

Madrid in facts

  • It has a sunny, dry climate
  • It sits 667 metres above sea level
  • It has a population of 3.2 million people
  • It is the tapas capital of the world
  • It is home to the most decorated football team, Real Madrid
  • It is famous for its Spanish: correct, neutral and easy to follow

Nightlife

Alonso Martínez

Around the Plaza de Santa Bárbara and the Glorieta de Bilbao: a great many tapas bars, pubs and restaurants.

Argüelles / Moncloa

The university area, popular with students and young people, with plenty of bars and pubs.

Paseo de la Castellana

Quality restaurants, summer terraces and several popular spots at night.

Cava Baja

Minutes from the Plaza Mayor: traditional restaurants such as Casa Lucio and Botín, wine bars and tapas. Very popular on Sundays before lunch.

Huertas

Busiest at night, with pubs and clubs until the early hours. Cafés, wine bars and restaurants for every age.

Malasaña

The streets around the Plaza del Dos de Mayo: bars, cafés, clubs and live music. In summer, the terraces take over the square.

Santa Ana

The square and its surroundings, ringed by tapas bars, beer halls and pubs. Very lively at night and before lunch at weekends.

And for dancing: Joy Eslava (a classic since 1981), Kapital (seven floors right in the centre) and Siroco (the most alternative, with gigs by new bands).

Coming to learn Spanish here?