A single ticket (travel from one station to any other) costs 145 pesetas.
There is the bonometro, equivalent to 10 single tickets, for 745 pesetas (and which also can be used in the metropolitan bus lines).
Finally, if you are going to stay long, you may want to acquire a Abono Transportes, unlimited metro and bus usage for 5.000-6.000 pesetas a month. Keep in mind that you will have to wait 15 days at least to get an Abono transportes, so if you are going to stay just a month the best choice is the Bonometro.