Cost of Living Comparison Between Paris and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 31.5% lower than in Paris (without rent)
Consumer Prices Including Rent in Madrid are 29.5% lower than in Paris
Rent Prices in Madrid are 25.7% lower than in Paris
Restaurant Prices in Madrid are 25.1% lower than in Paris
Groceries Prices in Madrid are 39.5% lower than in Paris
Local Purchasing Power in Madrid is 10.8% higher than in Paris
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Paris Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 18.00 € 14.00 €      -22.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 € 60.00 €      -14.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 € 9.00 €      -25.0 %
Domestic Beer (1 pint draught) 7.00 € 3.00 €      -57.1 %
Imported Beer (12 oz small bottle) 7.00 € 4.00 €      -42.9 %
Cappuccino (regular) 4.30 € 2.30 €      -46.4 %
Coke/Pepsi (12 oz small bottle) 3.37 € 2.44 €      -27.7 %
Water (12 oz small bottle) 2.68 € 1.54 €      -42.8 %
Markets
Paris Edit Madrid Edit
Milk (regular), (1 gallon) 5.39 € 4.05 €      -24.8 %
Loaf of Fresh White Bread (1 lb) 1.67 € 1.38 €      -17.4 %
Rice (white), (1 lb) 1.06 € 0.65 €      -38.1 %
Eggs (regular) (12) 4.55 € 2.77 €      -39.0 %
Local Cheese (1 lb) 9.39 € 5.95 €      -36.6 %
Chicken Fillets (1 lb) 6.54 € 3.37 €      -48.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.23 € 6.19 €      -39.5 %
Apples (1 lb) 1.52 € 1.04 €      -31.7 %
Banana (1 lb) 1.12 € 0.81 €      -27.3 %
Oranges (1 lb) 1.54 € 0.78 €      -49.5 %
Tomato (1 lb) 1.84 € 1.06 €      -42.5 %
Potato (1 lb) 0.97 € 0.62 €      -36.2 %
Onion (1 lb) 1.07 € 0.68 €      -36.4 %
Lettuce (1 head) 1.57 € 1.20 €      -23.4 %
Water (1.5 liter bottle) 0.89 € 0.87 €      -2.3 %
Bottle of Wine (Mid-Range) 8.00 € 6.00 €      -25.0 %
Domestic Beer (0.5 liter bottle) 2.36 € 1.17 €      -50.5 %
Imported Beer (12 oz small bottle) 3.52 € 1.74 €      -50.6 %
Cigarettes 20 Pack (Marlboro) 12.00 € 5.50 €      -54.2 %
Transportation
Paris Edit Madrid Edit
One-way Ticket (Local Transport) 2.10 € 1.50 €      -28.6 %
Monthly Pass (Regular Price) 84.60 € 40.00 €      -52.7 %
Taxi Start (Normal Tariff) 6.25 € 3.00 €      -52.0 %
Taxi 1 mile (Normal Tariff) 3.00 € 1.93 €      -35.6 %
Taxi 1hour Waiting (Normal Tariff) 46.00 € 22.00 €      -52.2 %
Gasoline (1 gallon) 7.14 € 6.19 €      -13.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 € 33,000.00 €      +10.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,776.67 € 26,440.79 €      -11.2 %
Utilities (Monthly)
Paris Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 211.32 € 131.54 €      -37.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 18.58 € 15.04 €      -19.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.76 € 29.01 €      -5.7 %
Sports And Leisure
Paris Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 38.23 € 44.21 €      +15.6 %
Tennis Court Rent (1 Hour on Weekend) 16.00 € 9.72 €      -39.2 %
Cinema, International Release, 1 Seat 13.00 € 10.00 €      -23.1 %
Childcare
Paris Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 766.25 € 485.19 €      -36.7 %
International Primary School, Yearly for 1 Child 15,666.67 € 9,309.52 €      -40.6 %
Clothing And Shoes
Paris Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 93.46 € 65.91 €      -29.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.75 € 27.91 €      -31.5 %
1 Pair of Nike Running Shoes (Mid-Range) 99.69 € 75.41 €      -24.4 %
1 Pair of Men Leather Business Shoes 142.86 € 82.63 €      -42.2 %
Rent Per Month
Paris Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,421.11 € 1,205.61 €      -15.2 %
Apartment (1 bedroom) Outside of Centre 960.25 € 880.32 €      -8.3 %
Apartment (3 bedrooms) in City Centre 3,073.28 € 2,120.41 €      -31.0 %
Apartment (3 bedrooms) Outside of Centre 2,160.19 € 1,447.77 €      -33.0 %
Buy Apartment Price
Paris Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,111.23 € 409.88 €      -63.1 %
Price per Square Feet to Buy Apartment Outside of Centre 780.96 € 235.59 €      -69.8 %
Salaries And Financing
Paris Edit Madrid Edit
Average Monthly Net Salary (After Tax) 2,850.58 € 2,224.91 €      -21.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.75 2.59      -31.0 %
Last update: March 2024March 2024
Contributors in the past 12 months:418567