Is Madrid expensive for hotels?

About average: hotels in Madrid ask a median €117 a night, -1% against the median of 183 other towns measured in EUR (€118); it ranks 95 of 184 from the priciest (latest scan 24 October 2026).

Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 24 October 2026 22:46 UTC.

Updated

How Madrid compares with other towns

The 183 other towns measured in EUR ask a median €118 a night; at €117, hotels in Madrid rank 95 of 184 from the priciest.

RankTownMedian a nightAgainst this town
88Benidorm€120+3%
89Dresden€120+3%
90Bologna€120+2%
91Toledo€119+2%
92Perugia€118+1%
93Heidelberg€118+1%
94Antwerp€1170%
95Madrid€1170%
96Amsterdam€116-1%
97Saint-Malo€116-1%
98Reims€116-1%
99Turin€116-1%
100Bremen€114-2%
101Ljubljana€113-3%
102Bergamo€110-5%

Each percentage compares a town's median with this town's; towns read in another currency are not in this comparison.

Cheapest and priciest month ahead

Across the 3 months ahead measured for hotels in Madrid, the cheapest is January 2027 at a median €110 a night and the priciest November 2026 at €140.

MonthMedian a nightAverage a night
November 2026€140€154
December 2026€114€136
January 2027€110€141

Priciest and cheapest night ahead

The priciest night ahead is 21 January 2027, a median €197 a night; the cheapest is 10 January 2027, a median €94.

NightDateMedian a night
Priciest night21 January 2027€197
Cheapest night10 January 2027€94

What was measured

Asking prices of hotels in Madrid for one night for two adults, 70 nights measured from 13 November 2026 to 21 January 2027; compared with 183 other towns measured in the same currency, EUR.

  • Only hotel asking prices are measured here: not flights, food or transport.
  • Prices in EUR, as shown on the day each night was read, never converted at an exchange rate.
  • A place with no price that night (sold out or closed) is checked but left out of the median.
  • Asking prices seen while searching for a stay: not prices paid, and not a forecast.

Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →

More questions about this town

All prices in Madrid →