Cost of Living Comparison Between Luxembourg and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 17.4% lower than in Luxembourg (without rent)
Consumer Prices Including Rent in Madrid are 21.1% lower than in Luxembourg
Rent Prices in Madrid are 27.0% lower than in Luxembourg
Restaurant Prices in Madrid are 28.4% lower than in Luxembourg
Groceries Prices in Madrid are 20.3% lower than in Luxembourg
Local Purchasing Power in Madrid is 36.6% lower than in Luxembourg
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Luxembourg Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 19.59 € 14.00 €      -28.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 82.50 € 60.00 €      -27.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 € 9.03 €      -18.0 %
Domestic Beer (1 pint draught) 6.00 € 3.50 €      -41.7 %
Imported Beer (12 oz small bottle) 5.00 € 3.50 €      -30.0 %
Cappuccino (regular) 3.52 € 2.37 €      -32.7 %
Coke/Pepsi (12 oz small bottle) 3.17 € 2.42 €      -23.5 %
Water (12 oz small bottle) 3.07 € 1.57 €      -48.8 %
Markets
Luxembourg Edit Madrid Edit
Milk (regular), (1 gallon) 5.07 € 4.03 €      -20.5 %
Loaf of Fresh White Bread (1 lb) 2.47 € 1.38 €      -44.3 %
Rice (white), (1 lb) 0.99 € 0.66 €      -33.4 %
Eggs (regular) (12) 3.62 € 2.78 €      -23.3 %
Local Cheese (1 lb) 6.77 € 6.06 €      -10.5 %
Chicken Fillets (1 lb) 5.08 € 3.46 €      -31.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.34 € 6.33 €      -24.1 %
Apples (1 lb) 1.10 € 1.03 €      -6.8 %
Banana (1 lb) 0.74 € 0.82 €      +10.4 %
Oranges (1 lb) 1.05 € 0.81 €      -23.4 %
Tomato (1 lb) 1.84 € 1.03 €      -43.9 %
Potato (1 lb) 0.69 € 0.64 €      -6.6 %
Onion (1 lb) 0.68 € 0.69 €      +1.0 %
Lettuce (1 head) 1.57 € 1.20 €      -23.9 %
Water (1.5 liter bottle) 0.61 € 0.87 €      +43.9 %
Bottle of Wine (Mid-Range) 8.00 € 6.00 €      -25.0 %
Domestic Beer (0.5 liter bottle) 1.30 € 1.22 €      -6.5 %
Imported Beer (12 oz small bottle) 1.87 € 1.76 €      -5.9 %
Cigarettes 20 Pack (Marlboro) 5.50 € 5.65 €      +2.7 %
Transportation
Luxembourg Edit Madrid Edit
One-way Ticket (Local Transport) 0.00 € 1.50 €     
Monthly Pass (Regular Price) 0.00 € 40.00 €     
Taxi Start (Normal Tariff) 4.00 € 3.00 €      -25.0 %
Taxi 1 mile (Normal Tariff) 4.83 € 1.93 €      -60.0 %
Taxi 1hour Waiting (Normal Tariff) 30.50 € 22.00 €      -27.9 %
Gasoline (1 gallon) 5.70 € 6.23 €      +9.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,470.00 € 33,365.00 €      +31.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,365.96 € 27,619.74 €      +0.9 %
Utilities (Monthly)
Luxembourg Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 211.59 € 141.26 €      -33.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 18.74 € 13.76 €      -26.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 47.74 € 29.63 €      -37.9 %
Sports And Leisure
Luxembourg Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 34.83 € 43.57 €      +25.1 %
Tennis Court Rent (1 Hour on Weekend) 18.44 € 9.91 €      -46.2 %
Cinema, International Release, 1 Seat 12.00 € 10.00 €      -16.7 %
Childcare
Luxembourg Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,084.82 € 491.92 €      -54.7 %
International Primary School, Yearly for 1 Child 17,518.00 € 8,661.90 €      -50.6 %
Clothing And Shoes
Luxembourg Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 56.67 € 68.75 €      +21.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.61 € 27.96 €      -8.7 %
1 Pair of Nike Running Shoes (Mid-Range) 79.53 € 75.79 €      -4.7 %
1 Pair of Men Leather Business Shoes 88.69 € 82.22 €      -7.3 %
Rent Per Month
Luxembourg Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,758.70 € 1,252.06 €      -28.8 %
Apartment (1 bedroom) Outside of Centre 1,360.83 € 905.83 €      -33.4 %
Apartment (3 bedrooms) in City Centre 2,703.70 € 2,146.08 €      -20.6 %
Apartment (3 bedrooms) Outside of Centre 2,185.96 € 1,542.55 €      -29.4 %
Buy Apartment Price
Luxembourg Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 978.45 € 418.31 €      -57.2 %
Price per Square Feet to Buy Apartment Outside of Centre 691.35 € 238.41 €      -65.5 %
Salaries And Financing
Luxembourg Edit Madrid Edit
Average Monthly Net Salary (After Tax) 4,840.47 € 2,419.86 €      -50.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.50 2.51      +0.2 %
Last update: May 2024May 2024
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