Cost of Living Comparison Between Madrid and Athens 

Indices DifferenceInfo
Consumer Prices in Athens are 6.2% higher than in Madrid (without rent)
Consumer Prices Including Rent in Athens are 12.7% lower than in Madrid
Rent Prices in Athens are 47.3% lower than in Madrid
Restaurant Prices in Athens are 3.7% higher than in Madrid
Groceries Prices in Athens are 2.0% higher than in Madrid
Local Purchasing Power in Athens is 48.6% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Athens Edit Difference
Meal, Inexpensive Restaurant 14.00 € 15.00 €      +7.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 55.00 €      -8.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 9.00 €      0.0 %
Domestic Beer (1 pint draught) 3.00 € 5.00 €      +66.7 %
Imported Beer (12 oz small bottle) 4.00 € 5.00 €      +25.0 %
Cappuccino (regular) 2.30 € 3.43 €      +49.0 %
Coke/Pepsi (12 oz small bottle) 2.44 € 1.99 €      -18.5 %
Water (12 oz small bottle) 1.54 € 0.50 €      -67.4 %
Markets
Madrid Edit Athens Edit
Milk (regular), (1 gallon) 4.05 € 5.94 €      +46.6 %
Loaf of Fresh White Bread (1 lb) 1.38 € 1.12 €      -19.0 %
Rice (white), (1 lb) 0.65 € 1.16 €      +77.8 %
Eggs (regular) (12) 2.77 € 4.12 €      +48.7 %
Local Cheese (1 lb) 5.95 € 5.83 €      -2.1 %
Chicken Fillets (1 lb) 3.37 € 4.62 €      +37.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.19 € 5.86 €      -5.3 %
Apples (1 lb) 1.04 € 0.79 €      -24.0 %
Banana (1 lb) 0.81 € 0.82 €      +0.6 %
Oranges (1 lb) 0.78 € 0.55 €      -28.9 %
Tomato (1 lb) 1.06 € 0.89 €      -16.3 %
Potato (1 lb) 0.62 € 0.53 €      -14.3 %
Onion (1 lb) 0.68 € 0.55 €      -19.5 %
Lettuce (1 head) 1.20 € 0.95 €      -21.1 %
Water (1.5 liter bottle) 0.87 € 0.84 €      -2.8 %
Bottle of Wine (Mid-Range) 6.00 € 8.00 €      +33.3 %
Domestic Beer (0.5 liter bottle) 1.17 € 1.61 €      +37.8 %
Imported Beer (12 oz small bottle) 1.74 € 2.20 €      +26.2 %
Cigarettes 20 Pack (Marlboro) 5.50 € 4.65 €      -15.5 %
Transportation
Madrid Edit Athens Edit
One-way Ticket (Local Transport) 1.50 € 1.20 €      -20.0 %
Monthly Pass (Regular Price) 40.00 € 30.00 €      -25.0 %
Taxi Start (Normal Tariff) 3.00 € 4.00 €      +33.3 %
Taxi 1 mile (Normal Tariff) 1.93 € 1.45 €      -25.0 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 15.00 €      -31.8 %
Gasoline (1 gallon) 6.19 € 7.09 €      +14.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,000.00 € 25,187.50 €      -23.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,440.79 € 24,268.07 €      -8.2 %
Utilities (Monthly)
Madrid Edit Athens Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 131.54 € 204.08 €      +55.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.04 € 25.29 €      +68.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.01 € 30.22 €      +4.2 %
Sports And Leisure
Madrid Edit Athens Edit
Fitness Club, Monthly Fee for 1 Adult 44.21 € 43.17 €      -2.3 %
Tennis Court Rent (1 Hour on Weekend) 9.72 € 23.50 €      +141.7 %
Cinema, International Release, 1 Seat 10.00 € 9.00 €      -10.0 %
Childcare
Madrid Edit Athens Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 485.19 € 442.53 €      -8.8 %
International Primary School, Yearly for 1 Child 9,309.52 € 9,651.52 €      +3.7 %
Clothing And Shoes
Madrid Edit Athens Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.91 € 80.53 €      +22.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.91 € 31.50 €      +12.9 %
1 Pair of Nike Running Shoes (Mid-Range) 75.41 € 89.13 €      +18.2 %
1 Pair of Men Leather Business Shoes 82.63 € 102.35 €      +23.9 %
Rent Per Month
Madrid Edit Athens Edit
Apartment (1 bedroom) in City Centre 1,205.61 € 571.09 €      -52.6 %
Apartment (1 bedroom) Outside of Centre 880.32 € 489.68 €      -44.4 %
Apartment (3 bedrooms) in City Centre 2,120.41 € 1,023.97 €      -51.7 %
Apartment (3 bedrooms) Outside of Centre 1,447.77 € 892.16 €      -38.4 %
Buy Apartment Price
Madrid Edit Athens Edit
Price per Square Feet to Buy Apartment in City Centre 409.88 € 272.04 €      -33.6 %
Price per Square Feet to Buy Apartment Outside of Centre 235.59 € 261.27 €      +10.9 %
Salaries And Financing
Madrid Edit Athens Edit
Average Monthly Net Salary (After Tax) 2,224.91 € 998.27 €      -55.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.59 4.52      +74.6 %
Last update: March 2024March 2024
Contributors in the past 12 months:567643