A Travel Price Comparison for Families, Couples, and Backpackers Lisbon vs. Madrid for Vacations, Tours, and Honeymoons

Should you visit Lisbon or Madrid?

Should I visit Lisbon or Madrid? This is a common question asked by many travelers. By figuring out which city is more affordable, you'll understand where you can get more bang for your buck. So, let's dive into the data, which all comes from actual travelers.

Lisbon

Portugal's capital city of Lisbon continues to grow in popularity as a travel destination. The cultural scene has come to life in recent years and the city itself is stunningly beautiful. It sits on the edge of the Atlantic Ocean and is made up of hills that create a dramatic and scenic layout. The city has many white-bleached limestone buildings, narrow alleyways, and a laidback charm that appeals to visitors.

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.

Which city is cheaper, Madrid or Lisbon?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Lisbon is €105, while the average daily cost in Madrid is €107. 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 city. Below is a breakdown of travel costs for Lisbon and Madrid in more detail.



Accommodation

An average hotel room with basic furnishings costs about €94 in Lisbon For the most convenient locations and nicer amenities you can expect to pay a bit more.

Travelers usually pay around €118 for a double occupancy room in Madrid If you want to be in a premiere location or have high end amenities, you can expect to pay a bit more.


  • Accommodation Hotel or hostel for one person
    Lisbon 47
    Madrid 59
  • Accommodation Typical double-occupancy room
    Lisbon 94
    Madrid 118

Local Transportation

Lisbon's transportation costs can vary by the type of transport chosen by visitors. Naturally, taxis and private drivers cost much more than public transportation options. On average, visitors spend €19 per person, per day on transportation in Lisbon.

To get around in Madrid, the average visitor spends €15 per day, per person. This includes the costs of taxi rides and private drivers as well as public transportation, which tends to be much more affordable.


  • Local Transportation Taxis, local buses, subway, etc.
    Lisbon 19
    Madrid 15
Typical Local Transportation prices in Lisbon

Here are some examples of typical transportation prices from actual travelers in Lisbon:


  • Taxi Ride
    6.50

Hired Cars and Shuttles in Lisbon

Also for Lisbon, here are a few examples of actual transportation services:

  • Transfer To or From Paris: $1,709
  • Private Lisbon route: Transfers, city tour and full day Sintra w/ driver & guide: $1,680
  • Transfer 3 legs: Lisbon - Algarve - Porto - Lisbon: $1,443
  • Transfer Lisboa - Barcelona: $1,354
  • Transfer from Lisbon to Madrid (And Vice Versa): $1,300
  • Private ONE WAY transfer from Lisbon to Seville with private pick up & drop off: $1,151
  • Transfer from Lisbon to Sevilha (And Vice Versa): $1,013
  • Transfer To or From Barcelona: $989
  • Seville PRIVATE Transfer from Lisbon with 1 Optional stop in Évora: $886
  • Chauffeur LISBON Private Transfer to SEVILLE (5 to 8 passengers): $886
  • Lisbon to Sevile Transfer: $832
  • Full Day Transfer from Lisbon to Oporto: $809

Typical Local Transportation prices in Madrid

Some typical examples of transportation costs in Madrid are as follows:


  • Taxi Ride
    26

Hired Cars and Shuttles in Madrid

Also for Madrid, here are a few examples of actual transportation services:

  • Ultra - Madrid Private Airport Transfer from city centre to Madrid airport MAD: $9.41
  • Ultra - Madrid Private Airport Transfer from Madrid airport MAD to city centre: $9.41
  • Transfer to Lisbon from Madrid with stop in Évora (1hour): $658
  • Transfer to Lisbon from Madrid: $585
  • Transfer in private vehicle from Madrid City to Madrid Barajas Airport: $31
  • Transfer in private minivan from Madrid City to Madrid Barajas Airport: $50
  • Transfer in private minivan from Madrid Airport to City: $50
  • Transfer in Private Vehicle from Madrid Barajas Airport to City: $31
  • Transfer from/to Madrid Barajas Airport: $55
  • Transfer From Madrid To Lisbon Portugal: $485
  • Royal Palace and Prado Museum – With Transfer Included: $98
  • Round trip transfer in private vehicle from-to Madrid Barajas Airport in Madrid: $63

Is it cheaper to fly into Lisbon or Madrid?

Prices for flights to both Madrid and Lisbon 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

In Lisbon travelers spend around €34 a day on food. You can save money by choosing casual restaurants or food stalls, or you can spend plenty more by dining in nicer restaurants at every meal.

The price of a meal in Madrid can vary widely. However, the average price for food per day is €27 per person, and a typical meal will cost around €11 based on the spending of previous visitors. Less expensive dining options can be found by eating street food or at fast food restaurants.


  • Food Meals for one day
    Lisbon 34
    Madrid 27
Typical Food prices in Lisbon

For Lisbon, here are some examples of average food and meal prices for travelers:


  • Coffee
    2.50

Food Tours and Cooking Classes in Lisbon

For Lisbon, here are some samples of tours and activities related to meals and dining experiences:

  • Virtual Portuguese Cooking Lesson: $31
  • Live Online Cooking Class from Pastel de Nata with Filipa: $39
  • Bohemian dinner party on a beautiful rooftop near the coast: $42
  • 2-Hour Pastel de Nata Cooking Class: $51
  • The magic of Pasteis de Nata cooking class in Lisbon: $53
  • Bitemojo Self Guided Food Tour New To Lisbon: $54
  • Withlocals Your Way: Lisbon Personalised Private Food Tour: $56
  • Pastel de Nata Cooking Class with Local Baker: $57
  • Private Groups: Pastel de Nata cooking class and tasting in Lisbon's pastry shop: $57
  • Authentic Portuguese dinner with a local chef: $58
  • Lisbon Food Tour: $62
  • Lisbon Old Town Food Tour by Sitway: $63

Typical Food prices in Madrid

Here are some examples of typical meal expenses from previous travelers to Madrid:


  • Coffee
    2.00
  • Ice Cream
    3.00
  • Kebabs (for 2)
    16
  • Croissant
    1.50
  • 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:

  • Virtual Cooking Class: The Spanish Paella Experience: $24
  • Florida Retiro Dinner Show: $38
  • Murder Mystery Dinner Experience: $49
  • Virtual cooking - spanish "tortilla de patatas": $50
  • Murder Mystery Dinner Experience: $50
  • Flamenco Workshop and Show with Dinner and Drinks: $51
  • Skip the Line: Flamenco Show with Dinner and Workshop in Madrid Ticket: $52
  • Homemade pasta cooking class and lunch in the heart of Madrid: $58
  • Mamaz Social Italian Dinner in Madrid: $60
  • 3-hour Virtual Spanish Cooking Class in Madrid: $62
  • Iberico Ham and Spanish Wine Small-Group Food Tour: $67
  • Authentic Italian Dinner in Madrid: $68

Entertainment

Sightseeing, admission tickets, things to do, and other entertainment expenses in Lisbon can vary widely by price. On average, visitors spend around €19 per person, per day on entertainment and sightseeing here.

In Madrid, the costs for things to do, activities, admission tickets, and other sightseeing expenses are on average €27 per person, per day.


  • Entertainment Entrance tickets, shows, etc.
    Lisbon 19
    Madrid 27

Tours and Activities in Lisbon

For Lisbon, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • Évora and Arraiolos - 8 Hour Private Tour: $183
  • Évora and Megaliths Full-Day Tour from Lisbon: $82
  • 10 Days Private Tour in Portugal from Lisbon: $2,476
  • 10 Hour Private Tour: Lisbon, Sintra, Cascais and Estoril Highlights: $213
  • 2 Day Street Art Private Tour from Lisbon: $933
  • 2 Days Private Tour In the Algarve from Lisbon: $682
  • 3 Days Private Tour In Lisbon: $639
  • 3 Days Private Tour In the Algarve from Lisbon: $886
  • 3 Days Private Tour. Wines and Gastronomy: $980
  • 3 days Escape in Upper Alentejo, away from the crowds , experience authenticy of POrtugal: $2,053
  • 3-Night Private Tour of Lisbon, Sintra, Cascais, Estoril, Sesimbra and Arrábida: $1,086
  • 3-Night Private Tour of Lisbon, Sintra, Cascais, Estoril, Óbidos, Nazaré and Fátima: $954

Tours and Activities in Madrid

Also, here are some specific examples of entertainment, tickets, and activities for Madrid.

  • 10 Days Tour Heart of Spain: $1,592
  • 10-Day Andalusia and Morocco escorted tour from Madrid: $1,680
  • 10-Day Guided Tour Morocco and Andalusia from Madrid: $1,709
  • 11-Day Portugal and Andalucia Guided Tour from Madrid: $1,735
  • 12-Day Morocco and South of Spain Tour from Madrid: $1,722
  • 13-Day Mediterranean Capitals Guided Tour from Madrid: $2,114
  • 2 Hour Hidden Oasis Retiro Park Madrid Small Group Segway Tour: $33
  • 2 Hours Secrets of Madrid Retiro Park Tour: $11
  • 2-Day Guided Tour Cordoba and Seville from Madrid: $404
  • 2-Day guided tour Caceres & Sevilla from Madrid by Bus and High Speed Train: $361
  • 2-Hour Patisserie Experience for Dessert Lovers: $50
  • 2-Hour Tour of Prado Museum in Madrid: $72

Alcohol

Typically, people visiting Lisbon spend on average €14 on alcoholic beverages per person, per day.

Alcoholic beverages can often be a significant portion of a traveler's budget, and the costs can vary greatly from person to person. In Madrid, the average amount that a visitor spends on alcoholic beverages per day is €16.


  • Alcohol Drinks for one day
    Lisbon 14
    Madrid 16

Sample the Local Flavors in Lisbon

Here are a few nightlife and alcohol tours and activities from local tour providers in Lisbon:

  • 1-Hour Portuguese Wine Tasting Session: $22
  • 3-Hour Portuguese History & Flavors Food & Wine Tour: $30
  • Portuguese Wine Tasting and Cheese Lunch: $56
  • Christ the King and Arrábida Small-Group Tour with Wine Tasting from Lisbon: $58
  • Craft Beer, Port & Wine Tour: $68
  • Food & Wine Tasting Walking Tour: $75
  • Santuário Cristo Rei-Sesimbra-Castle Palmela-Bacalhoa Winery with wine tasting: $81
  • Full-Day Évora Wine Tour: $84
  • Wine Tasting in Lisbon: $87
  • Private Van Tour Arrabida and Wine Tasting: $89
  • Wine tasting Private Day Tour ARRABIDA: $92
  • Van Private Tour Arrábida Wine Tour: $96

Typical Alcohol prices in Madrid

Some typical examples of the costs for nightlife and alcohol in Madrid are as follows:


  • Beer
    5.00
  • Drinks and Tapas (for 2)
    13

Sample the Local Flavors in Madrid

Some specific costs for nightlife related activities in Madrid:

  • Pub Crawl in Madrid: $15
  • Pub Crawl Madrid by Madpartycrew: $19
  • Wine Tasting near Plaza Mayor: $20
  • Wine Tasting Experience: $32
  • Wine Tasting Experience: $43
  • Madrid Tapas and Mysteries Walking Tour with Private Option and Pub Crawl: $47
  • Wine Tasting and Flamenco Master Class in Madrid: $58
  • Segovia and Spanish Versailles Full-Day Tour with Wine Tasting: $62
  • Old Town Madrid Gourmet Tapas and Wine Tasting Walking Tour: $82
  • Gourmet Tapas & Wine Tasting Experience In Madrid: $91
  • Madrid Tapas and Wine Tasting Tour: $93
  • Madrid Tapas Diaries- A Premium Food & Wine Tour in the old city of Madrid: $123


When comparing the travel costs between Lisbon and Madrid, we can see that Madrid is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Since both cities are in Europe, it's no surprise that their costs are relatively close, as many destinations here have somewhat similar travel prices overall.

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Lisbon vs. Madrid Travel Comparison

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