Which place is cheaper, Madrid or Lanzarote?
These are the overall average travel costs for the two destinations.
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Should you visit Lanzarote or Madrid?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Lanzarote or Madrid, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Lanzarote or Madrid?
Lanzarote
Lanzarote is one of Spain's Canary Islands, located off the northwestern coast of Africa. Some of its most popular features include the volcanic landscape of Timanfaya National Park, the underground caverns of Cueva de los Verdes, as well as the resort towns of Costa Teguise, Puerto del Carmen, and Playa Blanca.
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 Bicycle Tours in Spain, The Best Adventure Tours to Spain, The Best Sightseeing Tours in Spain, and The Best Romantic Tours for Couples in Spain.
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Average Daily Cost Per person, per dayLanzarote €161Madrid €136
The average daily cost (per person) in Lanzarote is €161, while the average daily cost in Madrid is €136. 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 Lanzarote and Madrid in more detail.
Accommodation
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Accommodation Hotel or hostel for one personLanzarote €95Madrid €77
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Accommodation Typical double-occupancy roomLanzarote €190Madrid €154
Compare Hotels in Lanzarote and Madrid
Looking for a hotel in Lanzarote 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: Madrid Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Lanzarote €40Madrid €18
Hired Cars and Shuttles in Lanzarote
Also for Lanzarote, here are a few examples of actual transportation services:
- Lanzarote Airport Departure Transfer (Playa Blanca Hotels to Lanzarote Airport): $121
- Private transfers from Lanzarote airport (ACE) to Playa Banca: $90
- Lanzarote Airport Arrival Transfer (Airport to Puerto del Carmen Hotel): $85
- Dolphin-Watching Sunset Cruise with Transfers: $54
- From Round-Trip Ferry Transfer to Fuerteventura: $50
- Fuerteventura at your leisure( bus transfer and return ferry ticket): $50
- Guided Volcano Hike with Transfers: $47
- Aqualava Splashtastic with Transfer: $43
- Roundtrip Ferry Transfer to La Graciosa with Free Wifi: $32
- Aquapark Costa Teguise tickets with Optional Transfer: $32
- Private Transfer from Arrecife Port to Lanzarote Airport (ACE): $29
- Puerto del Carmen & Puerto Calero Boat Transfer: $12
Typical Local Transportation Prices in Madrid
Some typical examples of transportation costs in Madrid are as follows:
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Taxi Ride€26
Hired Cars and Shuttles in Madrid
Also for Madrid, here are a few examples of actual transportation services:
- Private transfer from Lisbon to Madrid: $1,219
- Segovia: Full-Day Tour with Transfer to and from Madrid: $466
- Private Transfer from Moratalla to Alicante–Elche (ALC) Airport: $273
- Balloon Ride with Transfer Option from Madrid City: $272
- From Hot Air Balloon over Segovia with Transfer: $272
- Private Transfer from Bolnuevo to Alicante–Elche (ALC) Airport: $254
- Private Transfer from La Manga strip dos Mares to Alicante–Elche (ALC) Airport: $237
- Private Transfer from La Manga Club to Alicante–Elche (ALC) Airport: $227
- From Private Transfer to Segovia: $221
- Private Transfer from Corvera Golf Resort to Alicante–Elche (ALC) Airport: $218
- Private Transfer from Cieza to Alicante–Elche (ALC) Airport: $205
- Private Transfer from El Verger to Alicante–Elche (ALC) Airport: $191
Is it cheaper to fly into Lanzarote or Madrid?
Prices for flights to both Madrid and Lanzarote 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 dayLanzarote €42Madrid €34
Food Tours and Cooking Classes in Lanzarote
For Lanzarote, here are some samples of tours and activities related to meals and dining experiences:
- Puerto del Carmen: Music Hall Tavern Comedy Drag Dinner Show: $54
- Music Hall Tavern - MHT Comedy Drag Dinner Show: $55
Typical Food Prices in Madrid
Here are some examples of typical meal expenses from previous travelers to Madrid:
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Coffee€2.00
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Ice Cream€3.00
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Kebabs (for 2)€16
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Croissant€1.50
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Lunch at Airport (for 2)€16
Food Tours and Cooking Classes in Madrid
For Madrid, here are some samples of tours and activities related to meals and dining experiences:
- Flamenco Show with Dinner, Drinks and Optional Class: $55
- Corral de la Moreria Madrid Flamenco Show with Optional Dinner: $57
- The Authentic Morning Food Tour!: $61
- Opera and Zarzuela Show and Dinner: $63
- Tapas Crawl in Madrid Historical Quarter for Lunch or Dinner: $65
- Iberico Ham and Spanish Wine Small-Group Food Tour: $65
- Madrid San Miguel Market and City Center Street Food Tour: $66
- Murder Mystery Dinner Experience: $71
- 10 Tapas 2.5-Hour Cooking Class: $75
- Tapas Dinner Party Food Tour with Guide: $76
- Tipsy Tapas Food Tour with Drinks and Food: $76
- Unique Traditional Cooking Class of Sardines in Madrid: $76
Entertainment
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Entertainment Entrance tickets, shows, etc.Lanzarote €17Madrid €33
Tours and Activities in Lanzarote
Also, here are some specific examples of entertainment, tickets, and activities for Lanzarote.
- 2-hour Buggy Tour from Costa Teguise: $147
- 2.5-hour Lanzarote Sunset Cruise from Marina Puerto del Carmen: $56
- 2hrs Dolphins Sunset Sailing Cruise With Drink: $55
- 3 Hour Amazing Automatic Can Am Buggy Tour of Beautiful Lanzarote: $192
- 3 Hour Guided Buggy Tour Around the Island of Lanzarote: $260
- 3-Hour Ryker Tour through the North of Lanzarote: $181
- 3-hour Buggy Tour from Costa Teguise: $203
- Aqualava Waterpark Lanzarote Entrance Ticket: $28
- Aquapark Costa Teguise Entrance Ticket: $29
- Aquapark Costa Teguise: Entrance Ticket: $27
- Arrecife/Playa Blanca: Timanfaya National Park Area Day Tour: $59
- Arrecife: Timanfaya and Green Lagoon for Cruise Passengers: $50
Tours and Activities in Madrid
Also, here are some specific examples of entertainment, tickets, and activities for Madrid.
- 1 Hour Private Tuk tuk Tour in Madrid: $102
- 1-Hour Flamenco Class in Madrid Experience: $46
- 15 Cultural Madrid 10- Hour Private Tour: $775
- 2 Hours Private Tuk tuk Tour in Madrid: $170
- 2-Hour Madrid - Prado Museum Private Tour: $255
- 2-Hour Tour of the Madrid of Mysteries: $14
- 2-Hour Walking Tour on the History of Islamic Medieval the origins: $198
- 2.5-Hour Evening Tapas Tour through Madrid: $166
- 3 Hours E-Bike tour from the City center to Real Madrid Stadium and it's Museum: $114
- 3-Hour Private Tour of Madrid by Bike: $41
- 3-Hour Tapas Walking Tour of Madrid Food and Drink Included: $96
- 3-Hour Walking Tour in Madrid: $333
Alcohol
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Alcohol Drinks for one dayLanzarote €9.29Madrid €19
Sample the Local Flavors in Lanzarote
Also in Lanzarote, these are the prices for nightlife and alcohol related activities from various tour providers:
- Wine tour discovering the origins of vineyards in Lanzarote: $39
- Wine Tasting Tour at El Grifo Bodega: $55
- Half Day Timanfaya Volcanic Tour with Wine Tasting: $63
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€5.00
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Drinks and Tapas (for 2)€13
Sample the Local Flavors in Madrid
Some specific costs for nightlife related activities in Madrid:
- Pub Crawl Madrid Erasmus & International Meet and Party(New): $7.76
- Pub crawl Madrid Erasmus Meet & Party Erasmus and International: $9.06
- Original Pub Crawl With VIP Club Entry: $11
- Visit to the Winery with Wine Tasting and Appetizers in Navarra: $12
- Guided Bar Crawl with Drinks and Nightclub Entry: $13
- Pub Crawl Madrid's Night Time: $15
- Pub Crawl Madrid Running since 2005 Bar Exploration: $17
- Guided Pub Crawl Madrid Experience and Club Entry: $17
- Pub Crawl Madrid-The Original since 2005-Shots-Fun-Clubs-Dance: $17
- Pub Crawl Madrid & Party: $17
- Pub Crawl Madrid: $19
- Wine Tasting near Plaza Mayor: $23
When we compare the travel costs of actual travelers between Lanzarote and Madrid, we can see that Lanzarote is more expensive. And not only is Madrid much less expensive, but it is actually a significantly cheaper destination. So, traveling to Madrid would let you spend less money overall. Or, you could decide to spend more money in Madrid 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 Lanzarote would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Lanzarote than you might in Madrid.
If you're trying to decide if either of these two destinations are within your price range, also see Is Lanzarote Expensive? and Is Madrid Expensive?.
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.