Which place is cheaper, Madrid or Izmir?
These are the overall average travel costs for the two destinations.
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Should you visit Izmir or Madrid?
Which is cheaper to visit? Which is more expensive for vacation?
Which city should you visit? Read on to compare the activities as well as the prices of travel for Izmir and Madrid. We'll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget, schedule, and interests. So, let's dig into it.
Where Should I go: Izmir or Madrid?
Izmir
Izmir is a metropolitan city of Turkey and the second most populous city on the Aegean Sea after Athens, Greece. Known as Smyrna in antiquity, it was founded by the Greeks, taken over by the Romans, and rebuilt by Alexander the Great before becoming part of the Ottoman Empire in the 15th century. Most remnants of this past are gone; however, there are a few archaeological sites in addition to beaches, bustling city streets, and colorful markets.
Madrid
Madrid, the capital of Spain, overs visitors countless opportunities to experience Spain's culture, art, cuisine, and nightlife. It is the largest city in Spain, and as such has much to explore. The city is situated on the Iberian Peninsula on the Spanish central Castillian plateau. If you're flying into Spain, you'll likely fly into the Madrid airport as it's one of the largest airports in Europe. Madrid is well connected to the rest of Spain with planes, trains and buses, making it a popular place to visit for many travelers doing a European tour.
For some great organized tour ideas, see The Best G Adventures Tours to Turkey, The Best 3-Day Tours from Istanbul, The Best Contiki Tours to Spain, and The Best G Adventures Tours to Spain.
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Average Daily Cost Per person, per dayIzmir $105Madrid $146
The average daily cost (per person) in Izmir is $105, while the average daily cost in Madrid is $146. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Izmir and Madrid in more detail.
Accommodation
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Accommodation Hotel or hostel for one personIzmir $60Madrid $83
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Accommodation Typical double-occupancy roomIzmir $120Madrid $166
Compare Hotels in Izmir and Madrid
Looking for a hotel in Izmir or Madrid? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Izmir Hotel Prices and Madrid Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Izmir $30Madrid $20
Hired Cars and Shuttles in Izmir
Some specific examples of transportation prices in Izmir:
- Private Transfer From Izmir Airport to Pamukkale : $295
- Private Transfer from Izmir Airport to Bodrum: $294
- Izmir Airport ADB Transfers to Bozbuk Bay (Akbuk) Hotels: $213
- Izmir Airport ADB Transfers to Akbuk Hotels: $196
- Izmir Airport ADB Transfers to Yalikoy (Didim) Hotels: $191
- Private Transfer from Izmir Airport to Bergama: $185
- Izmir Airport (ADB) to Ayvalık - Round-Trip Private Transfer: $177
- Private Transfer from Izmir Adnan Menderes Airport to Didim: $167
- Izmir International Airport (ADB): Private Transfer to Çeşme: $167
- Izmir International Airport (ADB) to Ayvalık - Round-Trip Private Transfer: $159
- Transfer from Izmir to Fethiye: $153
- Bodrum Akyaka Hotels to Bodrum Airport BJV Transfers: $147
Typical Local Transportation Prices in Madrid
Some typical examples of transportation costs in Madrid are as follows:
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Taxi Ride$28
Hired Cars and Shuttles in Madrid
Also for Madrid, here are a few examples of actual transportation services:
- Private One-Way Transfer to OR from Madrid Airport with private pick up: $77
- Arrival Private Transfer Madrid Airport MAD to Madrid City by Van: $71
- Arrival Private Transfer by Business Car from MAD Airport to Madrid: $53
- Arrival Transfer from Madrid Airport MAD to Madrid in Private Car: $80
- Arrival Transfer: Madrid Airport MAD to Madrid in Business Car: $80
- Departure Private Transfer Madrid to MAD Airport in a Minibus: $137
- Departure Transfer from Madrid to Madrid Airport MAD in Private Car: $80
- Departure Transfer from Madrid to Madrid Airport MAD in Private Van: $87
- Departure Transfer: Madrid to Madrid Airport MAD in Luxury Van: $87
- From Madrid Airport: 1-Way Private Hotel Transfer: $80
- From Hot Air Balloon over Segovia with Transfer: $262
- Hotel Madrid City Private Transfer To Madrid Barajas Airport: $26
Is it cheaper to fly into Izmir or Madrid?
Prices for flights to both Madrid and Izmir change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayIzmir $24Madrid $36
Typical Food Prices in Madrid
Here are some examples of typical meal expenses from previous travelers to Madrid:
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Coffee$2.14
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Ice Cream$3.21
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Kebabs (for 2)$17
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Croissant$1.61
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Lunch at Airport (for 2)$17
Food Tours and Cooking Classes in Madrid
For Madrid, here are some samples of tours and activities related to meals and dining experiences:
- Tipsy Tapas Food Tour with Drinks and Food: $27
- Drunken Tapas Food Tour with Dinner in Madrid: $33
- Tapas Dinner Party Food Tour with Guide: $33
- Tapas Crawl Food Tour with 6 Tapas and 4 Drinks: $35
- Madrid Tipsy Tapas Guided Food Tour with Dinner: $42
- Madrid Tipsy Tapas Tour with Dinner and Drinks: $43
- Madrid Tapas Dinner Party with Guide: $43
- Paella and Sangria Workshop with Dinner and Drinks: $47
- Skip the Line: Flamenco Show with Dinner and Workshop in Madrid Ticket: $49
- San Miguel Market and Street Food Tour: $52
- Traditional Paella & Sangría Workshop & Spanish Dinner in Madrid: $53
- The Authentic Morning Madrid's Food Tour: $59
Entertainment
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Entertainment Entrance tickets, shows, etc.Izmir $21Madrid $36
Tours and Activities in Izmir
Here are a few actual costs in Izmir for available activities, ticket prices, and tours:
- Highlights of Ephesus Tour from Izmir Port : $131
- Small Group Ephesus Tour From Izmir Hotels: $100
- Small Group Pamukkale Tour from Izmir Hotels: $126
- "Ephesus tours" the "house of virgin mary tours" Tours from KUSADASI CRUİSE PORT: $67
- 1 Day Ephesus And Pamukkale Tour From Izmir By A Local Expert: $300
- 2-Day Small-Group Tour Highlights of Ephesus from Izmir: $169
- 5 Days Seven Churches Tour Turkey: $1,068
- Ancient Pergamon Tour From Izmir: $282
- Aphrodisias&Pamukkale Tour from Izmir: $280
- Best Seller Private Ephesus Tour for Cruisers : $70
- Biblical Ephesus, Mother Mary House, St John Basilica and Temple of Artemis Tour from Izmir with Private Guide: $272
- Cesme-Alacati Tour from Izmir: $174
Tours and Activities in Madrid
Also, here are some specific examples of entertainment, tickets, and activities for Madrid.
- Madrid Essential: Free Walking City Tour: $1.07
- First Discovery Walk and Reading Walking Tour: $3.21
- Madrid Mountains Free Walking Tour: $3.27
- History & Culture Guided Walking Tour: $4.28
- Escape Game and Tour: $4.28
- 2 Hour Madrid Walking Tour : $4.36
- Wonders of Madrid Walking Tour : $4.36
- Wonders of Madrid Walking Tour: $5.35
- Marvels of Madrid Walking Tour: $5.35
- Madrid Old Town & Hidden Gems Walking Tour: $5.35
- Ticket Entrance to the Madrid Nougat Museum: $5.35
- Wonders of Madrid City Walking Tour: $5.35
Alcohol
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Alcohol Drinks for one dayIzmir $8.86Madrid $21
Sample the Local Flavors in Izmir
Some specific costs for nightlife related activities in Izmir:
- Wine Tasting Tour at Two Wineries in Urla Turkey: $98
- Wine Tour with Metropolis Ancient City: $114
- Ancient Ephesus tour with Mother's Mary House and visit to old village Sirince with wine tasting: $152
Typical Alcohol Prices in Madrid
Some typical examples of the costs for nightlife and alcohol in Madrid are as follows:
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Beer$5.36
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Drinks and Tapas (for 2)$14
Sample the Local Flavors in Madrid
Some specific costs for nightlife related activities in Madrid:
- Pub Crawl with Tapas and VIP Club Entry: $9.62
- Madrid Pub Crawl with VIP Club Entrance: $11
- Visit to the Winery with Wine Tasting and Appetizers in Navarra: $12
- Pub crawl & Party Tour Madrid: $14
- Pub Crawl Madrid Running since 2005 Bar Exploration: $16
- Guided Pub Crawl Madrid Experience and Club Entry: $16
- Pub Crawl Madrid-The Original since 2005-Shots-Fun-Clubs-Dance: $16
- Pub Crawl Madrid: $19
- Wine Tasting near Plaza Mayor: $22
- Wine Tasting Experience with 4 Spanish Wines: $26
- Wine Tour with tasting in the Natural Park of La Mata: $38
- Wine Tasting Experience: $49
When we compare the travel costs of actual travelers between Izmir and Madrid, we can see that Madrid is more expensive. And not only is Izmir much less expensive, but it is actually a significantly cheaper destination. So, traveling to Izmir would let you spend less money overall. Or, you could decide to spend more money in Izmir and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Madrid would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Madrid than you might in Izmir.
If you're trying to decide if either of these two destinations are within your price range, also see Is Izmir Expensive? and Is Madrid Expensive?.
Which is Bigger, Izmir or Madrid?
Madrid has a larger population, and is about 25% larger than the population of Izmir. When comparing the sizes of Izmir and Madrid, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.