Cost of Living Comparison Between Madrid and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 34.8% higher than in Madrid (without rent) | |
| Consumer Prices Including Rent in Toronto are 42.2% higher than in Madrid | |
| Rent Prices in Toronto are 55.9% higher than in Madrid | |
| Restaurant Prices in Toronto are 31.2% higher than in Madrid | |
| Groceries Prices in Toronto are 47.2% higher than in Madrid | |
| Local Purchasing Power in Toronto is 8.7% lower than in Madrid | |
Restaurants | Madrid Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (20.46 C$) |
17.11 € (25.00 C$) |
+22.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (87.69 C$) |
82.11 € (120.00 C$) |
+36.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.00 € (13.15 C$) |
10.26 € (15.00 C$) |
+14.0 % |
| Domestic Beer (1 pint draught) |
3.48 € (5.08 C$) |
5.82 € (8.50 C$) |
+67.4 % |
| Imported Beer (12 oz small bottle) |
3.50 € (5.12 C$) |
6.84 € (10.00 C$) |
+95.5 % |
| Cappuccino (regular) |
2.34 € (3.41 C$) |
3.73 € (5.45 C$) |
+59.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.40 € (3.51 C$) |
1.96 € (2.86 C$) |
-18.4 % |
| Water (12 oz small bottle) |
1.55 € (2.26 C$) |
1.53 € (2.23 C$) |
-1.3 % |
Markets | Madrid Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
4.03 € (5.89 C$) |
10.99 € (16.07 C$) |
+173.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.32 € (1.93 C$) |
2.36 € (3.45 C$) |
+78.3 % |
| Rice (white), (1 lb) |
0.66 € (0.96 C$) |
1.46 € (2.14 C$) |
+122.8 % |
| Eggs (regular) (12) |
2.78 € (4.06 C$) |
3.32 € (4.85 C$) |
+19.4 % |
| Local Cheese (1 lb) |
5.86 € (8.57 C$) |
4.68 € (6.84 C$) |
-20.2 % |
| Chicken Fillets (1 lb) |
3.42 € (4.99 C$) |
5.28 € (7.71 C$) |
+54.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.16 € (9.00 C$) |
5.92 € (8.65 C$) |
-3.9 % |
| Apples (1 lb) |
1.01 € (1.47 C$) |
1.67 € (2.44 C$) |
+65.8 % |
| Banana (1 lb) |
0.80 € (1.17 C$) |
0.61 € (0.90 C$) |
-23.4 % |
| Oranges (1 lb) |
0.81 € (1.19 C$) |
1.70 € (2.48 C$) |
+108.6 % |
| Tomato (1 lb) |
1.04 € (1.52 C$) |
1.58 € (2.31 C$) |
+52.3 % |
| Potato (1 lb) |
0.62 € (0.91 C$) |
1.14 € (1.67 C$) |
+82.9 % |
| Onion (1 lb) |
0.67 € (0.99 C$) |
1.18 € (1.73 C$) |
+75.8 % |
| Lettuce (1 head) |
1.21 € (1.77 C$) |
2.14 € (3.13 C$) |
+77.2 % |
| Water (1.5 liter bottle) |
0.88 € (1.29 C$) |
1.69 € (2.48 C$) |
+92.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (8.77 C$) |
13.00 € (19.00 C$) |
+116.7 % |
| Domestic Beer (0.5 liter bottle) |
1.14 € (1.67 C$) |
2.34 € (3.42 C$) |
+104.5 % |
| Imported Beer (12 oz small bottle) |
1.80 € (2.64 C$) |
2.65 € (3.87 C$) |
+46.8 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (8.22 C$) |
13.68 € (20.00 C$) |
+143.3 % |
Transportation | Madrid Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
1.50 € (2.19 C$) |
2.29 € (3.35 C$) |
+52.8 % |
| Monthly Pass (Regular Price) |
40.00 € (58.46 C$) |
106.74 € (156.00 C$) |
+166.8 % |
| Taxi Start (Normal Tariff) |
3.00 € (4.38 C$) |
3.42 € (5.00 C$) |
+14.0 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (2.82 C$) |
1.93 € (2.82 C$) |
-0.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (32.15 C$) |
21.21 € (31.00 C$) |
-3.6 % |
| Gasoline (1 gallon) |
6.22 € (9.09 C$) |
4.18 € (6.11 C$) |
-32.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (48,763.71 C$) |
23,502.88 € (34,350.00 C$) |
-29.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (40,366.87 C$) |
20,976.41 € (30,657.50 C$) |
-24.1 % |
Utilities (Monthly) | Madrid Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
138.91 € (203.02 C$) |
115.46 € (168.75 C$) |
-16.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.73 € (20.07 C$) |
44.80 € (65.47 C$) |
+226.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.56 € (43.20 C$) |
50.31 € (73.52 C$) |
+70.2 % |
Sports And Leisure | Madrid Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.33 € (63.33 C$) |
50.36 € (73.61 C$) |
+16.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.80 € (14.33 C$) |
19.92 € (29.11 C$) |
+103.1 % |
| Cinema, International Release, 1 Seat |
10.00 € (14.62 C$) |
12.32 € (18.00 C$) |
+23.2 % |
Childcare | Madrid Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
489.04 € (714.74 C$) |
1,057.69 € (1,545.84 C$) |
+116.3 % |
| International Primary School, Yearly for 1 Child |
9,061.90 € (13,244.18 C$) |
17,080.71 € (24,963.85 C$) |
+88.5 % |
Clothing And Shoes | Madrid Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
67.13 € (98.11 C$) |
55.11 € (80.54 C$) |
-17.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
27.32 € (39.93 C$) |
34.63 € (50.62 C$) |
+26.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
74.79 € (109.31 C$) |
91.23 € (133.33 C$) |
+22.0 % |
| 1 Pair of Men Leather Business Shoes |
81.70 € (119.41 C$) |
110.66 € (161.74 C$) |
+35.4 % |
Rent Per Month | Madrid Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
1,190.88 € (1,740.49 C$) |
1,717.66 € (2,510.40 C$) |
+44.2 % |
| Apartment (1 bedroom) Outside of Centre |
868.24 € (1,268.95 C$) |
1,528.93 € (2,234.56 C$) |
+76.1 % |
| Apartment (3 bedrooms) in City Centre |
2,077.19 € (3,035.86 C$) |
3,046.78 € (4,452.94 C$) |
+46.7 % |
| Apartment (3 bedrooms) Outside of Centre |
1,487.21 € (2,173.59 C$) |
2,471.48 € (3,612.13 C$) |
+66.2 % |
Buy Apartment Price | Madrid Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
411.50 € (601.41 C$) |
894.80 € (1,307.77 C$) |
+117.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
236.31 € (345.37 C$) |
698.56 € (1,020.96 C$) |
+195.6 % |
Salaries And Financing | Madrid Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
2,475.10 € (3,617.42 C$) |
3,215.39 € (4,699.37 C$) |
+29.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.48 | 6.56 | +164.5 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 581 | 777 |
Moving to Madrid? Explore:
Moving to Toronto? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |