Cost of Living Comparison Between Madrid and London 

Indices DifferenceInfo
Consumer Prices in London are 53.6% higher than in Madrid (without rent)
Consumer Prices Including Rent in London are 79.7% higher than in Madrid
Rent Prices in London are 127.5% higher than in Madrid
Restaurant Prices in London are 56.1% higher than in Madrid
Groceries Prices in London are 33.0% higher than in Madrid
Local Purchasing Power in London is 15.3% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit London Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(12.07 £)
23.20 €
(20.00 £)
     +65.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(51.72 £)
92.80 €
(80.00 £)
     +54.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(7.76 £)
9.28 €
(8.00 £)
     +3.1 %
Domestic Beer (1 pint draught) 3.50 €
(3.02 £)
7.54 €
(6.50 £)
     +115.4 %
Imported Beer (12 oz small bottle) 3.50 €
(3.02 £)
6.38 €
(5.50 £)
     +82.3 %
Cappuccino (regular) 2.35 €
(2.03 £)
4.18 €
(3.60 £)
     +77.5 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(2.07 £)
2.24 €
(1.93 £)
     -6.5 %
Water (12 oz small bottle) 1.55 €
(1.34 £)
1.88 €
(1.62 £)
     +21.3 %
Markets
Madrid Edit London Edit
Milk (regular), (1 gallon) 4.04 €
(3.48 £)
5.72 €
(4.93 £)
     +41.6 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(1.14 £)
1.66 €
(1.43 £)
     +25.4 %
Rice (white), (1 lb) 0.64 €
(0.55 £)
1.04 €
(0.90 £)
     +62.5 %
Eggs (regular) (12) 2.78 €
(2.40 £)
3.82 €
(3.30 £)
     +37.6 %
Local Cheese (1 lb) 5.86 €
(5.06 £)
4.04 €
(3.48 £)
     -31.2 %
Chicken Fillets (1 lb) 3.42 €
(2.94 £)
4.03 €
(3.48 £)
     +18.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(5.31 £)
6.75 €
(5.82 £)
     +9.7 %
Apples (1 lb) 1.01 €
(0.87 £)
1.28 €
(1.11 £)
     +27.5 %
Banana (1 lb) 0.80 €
(0.69 £)
0.66 €
(0.57 £)
     -17.7 %
Oranges (1 lb) 0.81 €
(0.70 £)
1.38 €
(1.19 £)
     +69.8 %
Tomato (1 lb) 1.04 €
(0.89 £)
1.60 €
(1.38 £)
     +54.2 %
Potato (1 lb) 0.62 €
(0.54 £)
0.66 €
(0.57 £)
     +6.1 %
Onion (1 lb) 0.67 €
(0.58 £)
0.62 €
(0.53 £)
     -8.5 %
Lettuce (1 head) 1.19 €
(1.03 £)
1.08 €
(0.93 £)
     -9.8 %
Water (1.5 liter bottle) 0.86 €
(0.74 £)
1.47 €
(1.27 £)
     +71.3 %
Bottle of Wine (Mid-Range) 6.00 €
(5.17 £)
10.44 €
(9.00 £)
     +74.0 %
Domestic Beer (0.5 liter bottle) 1.14 €
(0.99 £)
2.41 €
(2.08 £)
     +110.5 %
Imported Beer (12 oz small bottle) 1.78 €
(1.53 £)
2.82 €
(2.44 £)
     +59.1 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(4.85 £)
17.40 €
(15.00 £)
     +209.3 %
Transportation
Madrid Edit London Edit
One-way Ticket (Local Transport) 1.50 €
(1.29 £)
3.31 €
(2.85 £)
     +120.4 %
Monthly Pass (Regular Price) 40.00 €
(34.48 £)
232.01 €
(200.00 £)
     +480.0 %
Taxi Start (Normal Tariff) 3.00 €
(2.59 £)
4.64 €
(4.00 £)
     +54.7 %
Taxi 1 mile (Normal Tariff) 1.93 €
(1.66 £)
3.64 €
(3.13 £)
     +88.3 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(18.96 £)
34.80 €
(30.00 £)
     +58.2 %
Gasoline (1 gallon) 6.22 €
(5.36 £)
6.65 €
(5.73 £)
     +7.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(28,761.79 £)
30,810.83 €
(26,560.00 £)
     -7.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,198.68 €
(23,446.21 £)
30,452.76 €
(26,251.33 £)
     +12.0 %
Utilities (Monthly)
Madrid Edit London Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 138.55 €
(119.44 £)
332.97 €
(287.04 £)
     +140.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 €
(11.96 £)
17.66 €
(15.22 £)
     +27.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.30 €
(25.26 £)
36.11 €
(31.12 £)
     +23.2 %
Sports And Leisure
Madrid Edit London Edit
Fitness Club, Monthly Fee for 1 Adult 43.50 €
(37.50 £)
54.82 €
(47.26 £)
     +26.0 %
Tennis Court Rent (1 Hour on Weekend) 9.63 €
(8.30 £)
15.84 €
(13.66 £)
     +64.5 %
Cinema, International Release, 1 Seat 10.00 €
(8.62 £)
17.40 €
(15.00 £)
     +74.0 %
Childcare
Madrid Edit London Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 489.04 €
(421.57 £)
2,134.88 €
(1,840.34 £)
     +336.5 %
International Primary School, Yearly for 1 Child 9,157.14 €
(7,893.77 £)
23,264.45 €
(20,054.76 £)
     +154.1 %
Clothing And Shoes
Madrid Edit London Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.81 €
(56.73 £)
96.34 €
(83.05 £)
     +46.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.62 €
(23.81 £)
46.36 €
(39.97 £)
     +67.9 %
1 Pair of Nike Running Shoes (Mid-Range) 74.22 €
(63.98 £)
103.37 €
(89.11 £)
     +39.3 %
1 Pair of Men Leather Business Shoes 80.57 €
(69.46 £)
111.75 €
(96.33 £)
     +38.7 %
Rent Per Month
Madrid Edit London Edit
Apartment (1 bedroom) in City Centre 1,201.02 €
(1,035.32 £)
2,605.27 €
(2,245.83 £)
     +116.9 %
Apartment (1 bedroom) Outside of Centre 878.37 €
(757.18 £)
1,888.56 €
(1,628.00 £)
     +115.0 %
Apartment (3 bedrooms) in City Centre 2,096.30 €
(1,807.08 £)
5,024.25 €
(4,331.08 £)
     +139.7 %
Apartment (3 bedrooms) Outside of Centre 1,483.54 €
(1,278.86 £)
3,355.21 €
(2,892.31 £)
     +126.2 %
Buy Apartment Price
Madrid Edit London Edit
Price per Square Feet to Buy Apartment in City Centre 414.64 €
(357.44 £)
1,521.05 €
(1,311.20 £)
     +266.8 %
Price per Square Feet to Buy Apartment Outside of Centre 234.73 €
(202.35 £)
831.15 €
(716.48 £)
     +254.1 %
Salaries And Financing
Madrid Edit London Edit
Average Monthly Net Salary (After Tax) 2,415.50 €
(2,082.24 £)
3,675.72 €
(3,168.60 £)
     +52.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.50 5.57      +123.0 %
Last update: April 2024April 2024
Contributors in the past 12 months:573889