Which place is cheaper, Budva or Madrid?
These are the overall average travel costs for the two destinations.
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Should you visit Madrid or Budva?
Which is cheaper to visit? Which is more expensive for vacation?
Trying to figure out where to travel next? This travel comparison between Madrid and Budva can help. It includes a travel cost comparison in addition to other factors. For many travelers, the cost of a destination is a primary consideration when choosing where to go.
Where Should I go: Madrid or Budva?
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.
Budva
A coastal resort in Montenegro, Budva is probably the country's most popular tourist destination. Not only does it host a number of great beaches, but it is also home to a picturesque old town center located on a small peninsula. Some of its best features include narrow winding lanes, historic buildings, churches, and small squares.
For some great organized tour ideas, see The Best Contiki Tours to Spain, The Best G Adventures Tours to Spain, Tours for Outdoor and Nature Lovers in Montenegro, and The Best Adventure Tours to Montenegro.
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Average Daily Cost Per person, per dayMadrid €136Budva €91
The average daily cost (per person) in Madrid is €136, while the average daily cost in Budva is €91. 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 Madrid and Budva in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMadrid €77Budva €37
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Accommodation Typical double-occupancy roomMadrid €154Budva €74
Compare Hotels in Madrid and Budva
Looking for a hotel in Madrid or Budva? 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 and Budva Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Madrid €19Budva €20
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 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
Typical Local Transportation Prices in Budva
Some typical examples of transportation costs in Budva are as follows:
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Daily Car Rental€65
Hired Cars and Shuttles in Budva
Some specific examples of transportation prices in Budva:
- Taxi Transfer Budva to Tirana: $294
- Private Transfer from Budva to Dubrovnik: $272
- Private Transfer from Budva or Becici to Dubrovnik airport: $240
- Private Transfer from Sveti Stefan to Dubrovnik airport: $218
- Budva to Dubrovnik one way transfer: $179
- Herceg Novi to Budva one way transfer: $144
- Transfer from Podgorica Airport to Kotor: $139
- Private Transfer from Bar to Tivat Airport (TIV): $117
- Tivat to Budva one way transfer: $102
- Private Transfer from Bar to Podgorica Airport (TGD): $97
- Private Transfer from Petrovac to Tivat airport: $82
- Montenegro Airport Transfer: $65
Is it cheaper to fly into Madrid or Budva?
Prices for flights to both Budva and Madrid 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 dayMadrid €34Budva €31
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:
- 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
Food Tours and Cooking Classes in Budva
Also, here are some specific examples of food and dining related activities in Budva.
- Cooking Class with dinner/lunch in Ulcinj Montenegro : $49
Entertainment
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Entertainment Entrance tickets, shows, etc.Madrid €34Budva €22
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
Tours and Activities in Budva
Here are a few actual costs in Budva for available activities, ticket prices, and tours:
- 1-Hour Guided Lipa Cave Adventure in Montenegro: $15
- Blue Cave Tour on Kayaks in Montenegro: $82
- Budva 1 hour Private walking tour: $66
- Budva Bay Boat Tour - Exploring Budva With A Local: $70
- Budva Bay SUP & Kayaking Tours to Coastal Caves: $44
- Budva old town private tour: $172
- Budva private day tour from Kotor: $310
- Budva/Petrovac: Premium Paragliding Experience: $107
- 3-Hour Paddle Board or Kayak Tour to Coastal Caves: $43
- City Private Tour: $126
- Exploring Caves & Private Boat Tour: $70
- Hidden paradise tour with snorkeling and lunch: $214
Alcohol
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Alcohol Drinks for one dayMadrid €20Budva €14
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 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 Madrid and Budva, we can see that Madrid is more expensive. And not only is Budva much less expensive, but it is actually a significantly cheaper destination. So, traveling to Budva would let you spend less money overall. Or, you could decide to spend more money in Budva 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 Budva.
If you're trying to decide if either of these two destinations are within your price range, also see Is Madrid Expensive? and Is Budva Expensive?.
Which is Bigger, Madrid or Budva?
Madrid has a larger population, and is about 670 times larger than the population of Budva. When comparing the sizes of Madrid and Budva, 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.