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

Should you visit Madrid or Santiago?

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 Santiago 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 Santiago?

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.

Santiago

Santiago is the capital city of Chile. It is centrally located in the long and narrow country, making it a good jumping off point to explore everywhere else. It's convenient location means that you can go skiing in the Andes one day, and hang out at the beach the next.

Santiago has a cool semi-arid climate that is similar to Mediterranean climates. The summers, which are between November and March, are warm and dry. The temperatures climb to around 95 degrees Fahrenheit. The winters, between June and August, are humid with cold mornings. The daily highs are around 55 degrees Fahrenheit and the lows stay a few degrees above freezing. Rain is more common in the winter months and the dry season is between December and March.

For some great organized tour ideas, see The Best One-Week (7-Day) Tours from Barcelona, The Best 10-Day Tours from Madrid, The Best Romantic Tours for Couples in Chile, and The Best Luxury Tours to Chile.


Which place is cheaper, Santiago or Madrid?

These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.

  • Madrid Prices
    Spain Prices
    Santiago Prices
    Chile Prices
  • Average Daily Cost Per person, per day
    Madrid 162
    Santiago 138

The average daily cost (per person) in Madrid is €162, while the average daily cost in Santiago is €138. 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 Santiago in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Madrid 78
    Santiago 101
  • Accommodation Typical double-occupancy room
    Madrid 156
    Santiago 202
Compare Hotels in Madrid and Santiago

Looking for a hotel in Madrid or Santiago? 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.

Hotels in Madrid


Hotels in Santiago


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 Santiago Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Madrid 18
    Santiago 4.98
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:

  • MAD Airport Private Transfer to/from Madrid City Center: $23
  • Private transfer from Atocha Station to Madrid city center: $26
  • Transfer: Barajas Airport (MAD) to Madrid City Center: $31
  • Madrid Barajas Airport Private Transfer To Madrid City: $34
  • Seamless Madrid Airport Transfer One Way or Round Trip Options: $41
  • Madrid Airport (MAD) to Madrid - Arrival Private Transfer: $43
  • Madrid to Madrid Airport (MAD) - Departure Private Transfer: $43
  • Madrid Airport Private Arrival Transfer: $50
  • Private Transfers Madrid Airport to Central Madrid: $51
  • One Way Private Transfer to or from Madrid: $57
  • Private Transfer from San Vicente del Raspeig to Alicante–Elche (ALC) Airport: $63
  • Private Transfer from Novelda to Alicante–Elche (ALC) Airport: $63

Typical Local Transportation Prices in Santiago

Below are a few samples from actual travelers for transportation costs in Santiago:


  • Metro Ride
    1.04

Hired Cars and Shuttles in Santiago

Some specific examples of transportation prices in Santiago:

  • Private Scenic Transfer to Mendoza.: $467
  • Airport Transfer and Halfday City tour Santiago de Chile: $362
  • Clos Apalta Winery - Tour with Private Transfer: $300
  • Private Santiago, Visit Santa Rita Winery & Transfer to Hotel: $300
  • Private Santiago Visit Haras de Pirque Winery & Transfer Hotel: $300
  • Private Transfer from Arturo Merino Benítez (SCL) Airport to Valparaíso: $296
  • City Tour Santiago with Exclusive Guide + Private Transfer: $270
  • Private Transfer Between Santiago and Cruise Port: $270
  • Santiago de Chile : private transfer in SUV to Viña del mar or Valparaíso: $270
  • Private Transfer to Sewell UNESCO Andes Town Tour with Lunch: $269
  • Maipo Valley Wine Tour, Concha y Toro, Private Transfer from Santiago: $262
  • Private Transfer from Arturo Merino Benítez (SCL) Airport to San Antonio: $257

Is it cheaper to fly into Madrid or Santiago?

Prices for flights to both Santiago 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
  • Food Meals for one day
    Madrid 59
    Santiago 21
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:

  • Murder Mystery Dinner Experience: $76
  • 10 Tapas Cooking Class Experience in Madrid with Sangria: $80
  • Madrid Luxury Evening Food Tour In the Vibrant La Latina District: $82
  • Traditional Cooking Class of Sardines with Dish Auction in Madrid: $82
  • Madrid Tapas & Wine Tasting Food Tour – Small Group Local Bars: $91
  • Madrid Ultimate Spanish Cuisine Food Tour: $94
  • Spanish Cooking Class Paella Tapas and Sangria in Madrid: $101
  • Madrid Food Tour in a Neighborhood Market with Churros: $105
  • Tapas & Paella Cooking Class in Madrid with a Professional Chef: $105
  • The Best Flamenco in Madrid Show with Dinner and Drink: $112
  • Literary Quarter Tour and Paella Cooking Class in Madrid: $124
  • Paella Cooking Class in Madrid with Bottomless Wine Pairing: $141

Typical Food Prices in Santiago

Some typical examples of dining costs in Santiago are as follows:


  • Empanada
    1.74
  • Hamburger
    2.30
  • Dinner
    24

Food Tours and Cooking Classes in Santiago

Also, here are some specific examples of food and dining related activities in Santiago.

  • Legacy Family Tour Lunch or Dinner Pairing 4 Strokes: $40
  • Street Food Tour in Santiago with a Local Guide: $58
  • Best Street Food Tour With A Local Guide: $82
  • 4-Hour Boozy Chilean Cooking Class in Santiago: $85
  • Food Tour STGO, Eat like Locals!: $99
  • Traditional Dinner Show in Santiago: $107
  • Lastarria Food Tour: Wine, Bites & Social Culinary Experience: $109
  • Santiago Food Tour: Bohemian Flavors and Local Gems: $109
  • Dinner Show in Bali Hai with Wine refill and transportation: $114
  • Small-Group Tour: Night City Tour with Santa Lucia Hill and Dinner Show: $116
  • Private Dinner & Chilean Folk Show with Transfers: $116
  • Alyan Winery Sunset with Wine Tastings and Dinner: $117

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Madrid 33
    Santiago 44

Tours and Activities in Madrid

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

  • Walking Tour of Madrid Modern: $3.54
  • Malasaña and Chueca A Tour That Shouts Freedom: $3.54
  • Self Guided Walking City Tour in Madrid: $3.54
  • Self-Guided Tours In Madrid With 100 Captivating Audio Stories: $3.54
  • Tuk Tuk Tour of the Best of Madrid (booking only): $3.54
  • Madrid - Medieval to Modern Walking Tour (English): $3.55
  • Madrid Mountains Free Walking Tour: $3.55
  • "Prado Museum" Tour A Treasure of World Art: $3.55
  • Madrid City Highlights Walking Tour: $4.73
  • Madrid Scavenger Hunt and Sights Self-Guided Tour: $5.18
  • Madrid (Historical Centre) Scavenger Hunt and Self-Guided Tour: $5.18
  • Madrid Essential : Self-Guided Tour created by local Official Guide: $5.92

Tours and Activities in Santiago

Some specific costs of activities, tours, and entrance tickets for Santiago are as follows:

  • "Tour Tradicional" Viña Cousiño Macul Oficial español: $27
  • 1 Day Tour of Viña Concha y Toro from Santiago: $120
  • 1 Day Undurraga Vineyard Tour from Santiago: $120
  • 6 Hour Tour of Culture, History and Flavors from Santiago: $75
  • A Private Tour of Santiago with an Experienced Local Guide: $180
  • A full Private Tour of Valparaiso from Santiago: $280
  • A historical tour of Santiago, Chile: $18
  • Adventure in Portillo: Laguna del Inca and Mountain Picnic: $100
  • All Santiago in One Day: Private Guided Tour: $250
  • An Architect's Tour of Downtown Santiago: $55
  • Andean Adventure: Cajón del Maipo & Santuario del Río Spa: $132
  • Andes Day Lagoon: Embalse El Yeso Tour from Santiago: $120

Alcohol
  • Alcohol Drinks for one day
    Madrid 19
    Santiago 7.73
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:

  • Visit to the Winery with Wine Tasting and Appetizers in Navarra: $12
  • Wine Tour with tasting in the Natural Park of La Mata: $38
  • Rooftop Bar Crawl Madrid Experience: $77
  • Spanish Wine Tasting : $90
  • Old Madrid Tapas & Wine Tasting Tour - Real Small Groups 8 Max: $99
  • Eating Not Just Another Tapas and Wine Tour: $115
  • Madrid Tapas & Wine Tour with Rooftop Views and Local Guide: $116
  • Toledo Tour & Vineyard Experience with Wine Tasting from Madrid: $130
  • Madrid Wine Tour with Winery Visit & Wine Tasting: $130
  • Local Tapas, Beer and Wine Tour of Madrid All Inclusive: $136
  • Madrid The Original Tapas & Wine Tasting Tour: $139
  • Malasaña Small Group Tapas Tour with Wine Tasting: $141

Sample the Local Flavors in Santiago

Also in Santiago, these are the prices for nightlife and alcohol related activities from various tour providers:

  • Traditional Wine Tour in Viña Cousiño Macul Official English: $27
  • Ludwig's Original Pub Crawl with VIP Club Entry: $34
  • "Premium Wine Tour" Viña Cousiño Macul Official english: $45
  • Premium Wine Tour in Viña Cousiño Macul Spanish official: $45
  • Viña del Mar, Valparaiso, with Casablanca Wine Tasting: $59
  • Viña del Mar, Valparaiso, with Wine Tasting: $60
  • Undurraga Winery Tour with Entry and Wine Tasting: $63
  • Undurraga Wine tour: $70
  • Santa Carolina History and Wine Tasting in Santiago: $70
  • Undurraga Wine Tasting Tour from Santiago: $75
  • Valparaiso Port and Viña del Mar with Casablanca Wine Tasting: $75
  • Half Day Trip to Undurraga Vineyard from Santiago - Wine Tasting Included: $75


When we compare the travel costs of actual travelers between Madrid and Santiago, we can see that Madrid is more expensive. And not only is Santiago much less expensive, but it is actually a significantly cheaper destination. Since Madrid is in Europe and Santiago is in South America, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Santiago would let you spend less money overall. Or, you could decide to spend more money in Santiago 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 Santiago.

If you're trying to decide if either of these two destinations are within your price range, also see Is Madrid Expensive? and Is Santiago Expensive?.


Which is Bigger, Madrid or Santiago?

Santiago has a larger population, and is about 55% larger than the population of Madrid. When comparing the sizes of Madrid and Santiago, 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.