Which place is cheaper, Toronto or Madrid?
These are the overall average travel costs for the two destinations.
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Should you visit Madrid or Toronto?
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 Toronto 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 Toronto?
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.
Toronto
The capital of Ontario and the most populated city in Canada, Toronto is a very popular travel destination for any number of reasons. It's positioned along the coast of Lake Ontario and has a population of more than 2.6 million with 6.2 million in the Greater Toronto Area. It's a very international and diverse city, with a very rich cultural history. More than half of the city's population was not born in Canada, and there are more than eighty different ethnic neighborhoods sprinkled throughout the city. The city is a center for music, theater, film, and television. It has countless museums, festivals, and sights that attract more than 25 million tourists every year.
For some great organized tour ideas, see The Best Contiki Tours to Spain, The Best G Adventures Tours to Spain, The Best Northern Lights Tours in Canada, and The Best Luxury Tours to Canada.
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Average Daily Cost Per person, per dayMadrid €136Toronto €190
The average daily cost (per person) in Madrid is €136, while the average daily cost in Toronto is €190. 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 Toronto in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMadrid €77Toronto €80
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Accommodation Typical double-occupancy roomMadrid €154Toronto €160
Compare Hotels in Madrid and Toronto
Looking for a hotel in Madrid or Toronto? 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 Toronto Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Madrid €19Toronto €30
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:
- Vehicle transfer with driver included in Madrid: $142
- Try find your better than us ! Airport transfer service in Madrid APT-HTL (MAD): $61
- Transfer to Madrid, travel calmly and comfortably: $145
- Transfer to Barajas Airport from Madrid: $76
- Transfer in private vehicle from Madrid City - Madrid Barajas Airport (MAD): $61
- Transfer in private minivan from Madrid City - Madrid Barajas Airport (MAD): $75
- Transfer in Private Vehicle from Madrid Barajas Airport (MAD) - Madrid City: $61
- Transfer from Barajas Airport to Madrid: $95
- Shuttle Transfer Arrivals: Madrid Airport to City Center: $140
- Segovia: Full-Day Tour with Transfer to and from Madrid: $452
- Roundtrip Transfer Private Vehicle Madrid Airport (MAD) - Madrid city: $121
- Roundtrip Transfer Private Minivan Madrid Airport (MAD) - Madrid City: $149
Typical Local Transportation Prices in Toronto
Some typical examples of transportation costs in Toronto are as follows:
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Airport Shuttle€25
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Train: 2 Day Passes€15
Hired Cars and Shuttles in Toronto
Also for Toronto, here are a few examples of actual transportation services:
- Arrival Private Transfer: Toronto Airport YYZ to Niagara Falls in Business Car: $293
- Round-Trip Transfer Between Billy Bishop Toronto (YTZ) Airport and Niagara Falls: $267
- Private Transfer from Toronto Pearson Airport to Niagara: $238
- Private Transfer from Toronto Pearson Airport to Toronto: $223
- Private Arrival Transfer. Pearson Airport to Kitchener/Waterloo : $215
- Private Transfer from Toronto City to Toronto Pearson Airport : $208
- Private Transfer:Toronto Airport or Collingwood - Blue Mountain Resort One way: $202
- Private Transfer: Pearson Int’l Airport (YYZ) to Niagara Falls, ON: $197
- Toronto Pearson Airport arrival transfer (Airport to any Hotel or Address): $197
- Transfer Toronto,Canada (Downtown) to Niagara on the Lake,Canada: $178
- Transfer Toronto,Canada (Downtown) to Niagara Falls, Canada: $178
- Toronto Airport Private Transfer to Downtown : $176
Is it cheaper to fly into Madrid or Toronto?
Prices for flights to both Toronto 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 €34Toronto €61
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:
- Paella and Sangria Workshop with Dinner and Drinks: $43
- Tapas Crawl Food Tour with 6 Tapas and 4 Drinks: $53
- San Miguel Market and Street Food Tour: $53
- Tapas Dinner Party Food Tour with Guide: $53
- Drunken Tapas Food Tour with Dinner in Madrid: $53
- Tipsy Tapas Food Tour with Drinks and Food: $53
- Madrid Tipsy Tapas Guided Food Tour with Dinner: $53
- Madrid Tapas Dinner Party with Guide: $54
- Traditional Paella & Sangría Workshop & Spanish Dinner in Madrid: $54
- The Authentic Morning Madrid's Food Tour: $59
- Opera and Zarzuela Show and Dinner: $61
- Madrid San Miguel Market and City Center Street Food Tour: $63
Typical Food Prices in Toronto
For Toronto, here are some examples of average food and meal prices for travelers:
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Lunch at St. Lawrence Market for Two€22
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Dinner at Mill Street Brewery (for 2)€52
Food Tours and Cooking Classes in Toronto
For Toronto, here are some samples of tours and activities related to meals and dining experiences:
- Must Do Toronto Food Tour: $66
- Toronto Food Tour: Taste the World in Kensington Market: $66
- 3–Hour Secret Food Tour: $73
- Toronto Walking Food Tour With Secret Food Tours: $74
- Scenic Harbor Cruise with Lunch, Brunch, or Dinner: $76
- Toronto's Fusion Food Tour: $80
- Kensington Market -Toronto's Neighborhood International Food Tour: $80
- Toronto's Fusion Food Tour: $80
- Father's Day Premier Cruise with Brunch or Dinner: $90
- Mother's Day Premier Cruise with Brunch or Dinner: $93
- Toronto Premier Dinner Cruise on Odyssey in Toronto Harbour: $109
- Toronto Food Tour with Local Foodie, Personalized & Private: $152
Entertainment
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Entertainment Entrance tickets, shows, etc.Madrid €34Toronto €29
Tours and Activities in Madrid
Also, here are some specific examples of entertainment, tickets, and activities for Madrid.
- Madrid Photo Tour with Pro Photographer Lifestyle and Portrait: $82
- Madrid Tour and Guided Visit Royal Palace: $76
- Prado Museum and Madrid Royal Palace Morning Guided Tour: $71
- Skip the Line Guided Tour Royal Palace Madrid: $72
- Toledo with Cathedral from Madrid Full Day Tour: $134
- Ávila & Segovia Day Tour from Madrid: $163
- 1 Hour Private Tuk tuk Tour in Madrid: $98
- 1 hour tour in Madrid in Tuk Tuk through the best of the city: $137
- 1-Hour Private Flamenco Class in Madrid Experience: $45
- 2 Hour Madrid Walking Tour : $4.37
- 2-Hour Tour of the Madrid of Mysteries: $14
- 2-Hour Walking Tour on the History of Islamic Medieval the origins: $38
Typical Entertainment Prices in Toronto
Below are a few sample prices from actual travelers for Toronto's activities, tours, and tickets:
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Art Gallery of Ontario for Two€14
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CN Tower at night for Two€33
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Harbour Dinner Cruise€24
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Bata Shoe Museum (2)€6.79
Tours and Activities in Toronto
For Toronto, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 1-Hour Private Guided Photography Tour in Toronto: $186
- 14-Minute Helicopter Tour Over Toronto: $200
- 2 Hour Toronto City Tour: $48
- 3-day Eastern Canada Tour from Toronto: $259
- 60-Minute Toronto Sightseeing Harbour Tour: $28
- 7-Minute Helicopter Tour over Toronto: $111
- Admission Ticket: Explore Canada in Miniature Scale: $34
- Algonquin Park Hiking: Adventure Tour from Toronto: $139
- Best of Niagara Falls Tour with Optional Boat and Helicopter Ride: $66
- Best of Toronto Small Group Tour with CN Tower and Harbour Cruise: $140
- Between Huntsville and Smartphone Audio Tour: $6.21
- Bus to Grotto - Tobermory Flowerpot Island Cruise Bruce Peninsula: $148
Alcohol
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Alcohol Drinks for one dayMadrid €20Toronto €21
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: $9.69
- Visit to the Winery with Wine Tasting and Appetizers in Navarra: $12
- Pub crawl & Party Tour Madrid: $14
- Guided Pub Crawl Madrid Experience and Club Entry: $16
- Pub Crawl Madrid Running since 2005 Bar Exploration: $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: $50
- Wine Tasting in Madrid Experience: $50
Sample the Local Flavors in Toronto
Some specific costs for nightlife related activities in Toronto:
- Distillery District Outdoor Escape Game: $8.07
- Distillery District Historic Walking Tour: $17
- Corktown and Distillery District Tour: $27
- Short Distillery District Segway Tour: $36
- Toronto : Distillery & Old Town Walking Tour With A Guide: $38
- Toronto Distillery District self-guided walking tour & hunt: $38
- Pub Crawl Toronto: $38
- Pub Crawl Toronto: $39
- Distillery District Breakfast Walking Tour: $41
- Craft Brewery Tour: $88
- Canadian Wine Tasting Experience: $128
- From Niagara Wine Tours: $131
When we compare the travel costs of actual travelers between Madrid and Toronto, we can see that Toronto is more expensive. And not only is Madrid much less expensive, but it is actually a significantly cheaper destination. Since Madrid is in Europe and Toronto is in North 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 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 Toronto would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Toronto 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 Madrid Expensive? and Is Toronto Expensive?.
Which is Bigger, Madrid or Toronto?
Toronto has a larger population, and is about 48% larger than the population of Madrid. When comparing the sizes of Madrid and Toronto, 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.