Living in Madrid as an Erasmus student is exciting, but managing your budget can be a challenge. One of the easiest ways to save money is by being smart with your grocery shopping. Luckily, Madrid has plenty of affordable supermarket options where you can find good quality products at low prices. Here’s a guide to the cheapest supermarkets in Madrid and some practical tips to help you stretch your money further.

Best Cheap Supermarkets in Madrid

Lidl
- Known for: Affordable prices, fresh produce, weekly special offers.
Why students love it: Great quality for the price and regular discounts on international foods, plus, the Lidl lotalty it’s free and give a lot of dicounts every week.
Dia
- Known for: Wide presence across Madrid, budget-friendly staples.
Why students love it: It’s everywhere, making it convenient, plus the Dia loyalty card offers extra discounts.


Aldi
- Known for: Cheap basics, German-style products, eco-friendly items.
Why students love it: Good balance between price and quality, with many affordable vegan/vegetarian options.
Carrefour Express (for late-night/emergency shopping)
- Known for: Being open late and offering a wide range of products.
Why students love it: Not the cheapest overall, but great for quick, last-minute needs.


Mercadona
- Known for: Popular Spanish chain, affordable own-brand products, fresh bakery.
Why students love it: Reliable quality, big stores, and cheap ready-made meals.
Tips to Save Money on Groceries in Madrid
- Use loyalty cards: Many supermarkets (like Dia, Lidl or Carrefour) offer discounts through membership cards.
- Shop late in the evening: Some bakeries and supermarkets discount fresh items before closing.
- Compare prices: Apps like Soysuper or Tiendeo let you check where products are cheaper.
- Buy store brands (marca blanca): They are usually much cheaper and often just as good.
- Go to local markets: Fresh fruits and vegetables can be cheaper at neighborhood markets or even small fruit shops.
- Cook at home: Preparing meals instead of eating out will save you a lot in the long run.
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