Just arrived in Madrid? Not a millionaire? No problem! Although Spain’s capital does boast a whole host of high-dollar entertainment options, there are also a multitude of economical things to do in the city. Let’s take a look at 7 cheap things to do in Madrid:

1. Museums in Madrid

Any tourist coming to Madrid will undoubtedly visit several of the many world-class museums located in the city. If you’re going to be in town for a few months, however, save your money and go when you don’t have to pay. Many of the city’s museums are free of charge at some point during the week. Here’s a listing of some of the days and times, but it’s always a good idea to call ahead and double-check before going.

2. Cinema

Going to see a movie in Madrid can be expensive – but it doesn’t have to be. If you’re an authentic cinephile you’ll probably enjoy the films showing at the Cine Doré or Casa América, which are very inexpensive and have special discounts. If you prefer movies of the more commercial variety, most of the major theaters in Spain participate in El Día del Espectador, offering half-priced tickets every Wednesday.

Puerta del Sol de Madrid

3. Sightseeing

One of the best ways to become familiar with Madrid’s history is by taking a guided tour. There are several options when it comes to doing so, but by far the cheapest are the sightseeing tours provided by Sandemans New Europe. The tours are literally free of charge and guarantee several hours of learning and enjoyment. In the event your Spanish isn’t up to par yet, you can opt to do the tour in English, or several other languages if you like. Oh, but bring some money along just in case – the guides work for tips and afterwards you’ll most likely be happy to give them a few euros for their time and effort.

4. Theater

Just about anyone is willing to shell out a small fortune to see the occasional high-profile musical on Gran Vía. However, if you plan on going to the theater regularly, you may find that it can become a bit costly. Fret not! Madrid has a large number of smaller, alternative theaters that offer performances for those on a budget. If you still are interested in going to the more mainstream venues, there are discounted tickets available on websites such as Atrápalo or Let’s Bonus.

5. Flamenco 

A stay for any length of time in Madrid would not be complete without seeing a live Flamenco show, right? The only problem is that many of the tablaos that offer quality performances are also a bit pricey. An economical way to have a flamenco experience in the capital is to visit Cafetín La Quimera (c/Sancho Dávila, 34), which offers a show with a drink included all for under fifteen euros.

6. Nightlife

If you’ve ever footed the bill for a night out in New York or Miami – or even in Virginia Beach for that matter – you’re well aware of the fact that this can make for an expensive evening. Although Madrid boasts some of the best nightlife in the world, that doesn’t mean that you’ll have to break the bank to enjoy it. Many of the neighborhoods in the city center offer a wide variety of inexpensive nocturnal entertainment options. The best place to get started is perhaps the area around La Puerta delSol, Plaza Santa Ana and CalleHuertas, where you’ll find a great many places to have a bite to eat, a drink, or dance the night away!  

7. And Lastly…

Not in the mood for making plans? It’s all good… Perhaps the absolute cheapest and one of the best ways to enjoy the city is taking a stroll through its infinite streets, avenues, parks, and alleyways. Take the opportunity to listen to some of your favorite tunes, stretch your legs, and got lost in thought as you see where your curiosity leads you. Just make sure you remember how to get home!