5 Day Madrid Budget Itinerary
See Madrid over five value-packed days using free museum windows, tapas streets, parks, public transport, and one affordable historic day trip. The plan covers the Prado triangle, Royal Palace area, Retiro, Lavapies, Malasana, and Toledo without relying on expensive tours. Designed for students, backpackers, and budget-conscious couples, this itinerary keeps splurges optional and food local. Fork it to match museum free hours, hostel area, and your day-trip budget.
Budget Breakdown
Per person, excluding flights
Per person · excludes flight · 5 days · varies by season
Where to Stay
Day-by-Day Itinerary
Daily Costs
Per person · per day
Budget
Comfort
Splurge
Accommodation
€30–€55
Simple, well-located stay
€95–€150
Boutique or reliable mid-range hotel
€300+
Top-end hotel in preferred area
Food
€25–€40
Markets, casual counters, bakeries
€55–€85
Sit-down meals and cafes
€160+
Fine dining and premium bars
Activities/local transport
€15–€30
Transit and selected entries
€50–€85
Timed tickets and taxis
€180+
Private guides and premium access
One-Time Costs
Not included in per-day figures above
Key timed reservations
€25–€60 for Toledo transport and museum entries
Book ahead for the itinerary’s anchor experiences.
Flight Estimates
Return flights · economy · varies by booking time
London
$70–$240
GBP 55–190