Cost of Living Comparison Between Phoenix, AZ and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 26.1% lower than in Phoenix, AZ (without rent)
Consumer Prices Including Rent in Madrid are 25.8% lower than in Phoenix, AZ
Rent Prices in Madrid are 25.1% lower than in Phoenix, AZ
Restaurant Prices in Madrid are 24.4% lower than in Phoenix, AZ
Groceries Prices in Madrid are 28.5% lower than in Phoenix, AZ
Local Purchasing Power in Madrid is 23.1% lower than in Phoenix, AZ
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Phoenix, AZ Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 20.00 $
(18.65 €)
15.02 $
(14.00 €)
     -24.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $
(74.59 €)
64.35 $
(60.00 €)
     -19.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $
(9.32 €)
9.65 $
(9.00 €)
     -3.5 %
Domestic Beer (1 pint draught) 5.25 $
(4.89 €)
3.73 $
(3.48 €)
     -29.0 %
Imported Beer (12 oz small bottle) 6.25 $
(5.83 €)
3.75 $
(3.50 €)
     -39.9 %
Cappuccino (regular) 5.36 $
(5.00 €)
2.51 $
(2.34 €)
     -53.3 %
Coke/Pepsi (12 oz small bottle) 2.58 $
(2.40 €)
2.57 $
(2.40 €)
     -0.2 %
Water (12 oz small bottle) 1.99 $
(1.86 €)
1.66 $
(1.55 €)
     -16.6 %
Markets
Phoenix, AZ Edit Madrid Edit
Milk (regular), (1 gallon) 3.52 $
(3.28 €)
4.32 $
(4.03 €)
     +22.8 %
Loaf of Fresh White Bread (1 lb) 3.42 $
(3.19 €)
1.42 $
(1.32 €)
     -58.6 %
Rice (white), (1 lb) 1.95 $
(1.82 €)
0.70 $
(0.66 €)
     -63.8 %
Eggs (regular) (12) 3.67 $
(3.42 €)
2.98 $
(2.78 €)
     -18.8 %
Local Cheese (1 lb) 4.92 $
(4.58 €)
6.29 $
(5.86 €)
     +27.9 %
Chicken Fillets (1 lb) 4.45 $
(4.14 €)
3.66 $
(3.42 €)
     -17.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.26 $
(5.83 €)
6.60 $
(6.16 €)
     +5.6 %
Apples (1 lb) 2.08 $
(1.94 €)
1.08 $
(1.01 €)
     -48.0 %
Banana (1 lb) 0.66 $
(0.61 €)
0.86 $
(0.80 €)
     +30.5 %
Oranges (1 lb) 1.82 $
(1.70 €)
0.87 $
(0.81 €)
     -52.0 %
Tomato (1 lb) 1.92 $
(1.79 €)
1.11 $
(1.04 €)
     -42.1 %
Potato (1 lb) 1.33 $
(1.24 €)
0.67 $
(0.62 €)
     -49.6 %
Onion (1 lb) 1.25 $
(1.17 €)
0.72 $
(0.67 €)
     -42.4 %
Lettuce (1 head) 1.85 $
(1.73 €)
1.30 $
(1.21 €)
     -30.2 %
Water (1.5 liter bottle) 2.43 $
(2.27 €)
0.95 $
(0.88 €)
     -61.1 %
Bottle of Wine (Mid-Range) 15.00 $
(13.99 €)
6.44 $
(6.00 €)
     -57.1 %
Domestic Beer (0.5 liter bottle) 2.09 $
(1.94 €)
1.23 $
(1.14 €)
     -41.1 %
Imported Beer (12 oz small bottle) 4.51 $
(4.21 €)
1.93 $
(1.80 €)
     -57.2 %
Cigarettes 20 Pack (Marlboro) 9.00 $
(8.39 €)
6.03 $
(5.62 €)
     -33.0 %
Transportation
Phoenix, AZ Edit Madrid Edit
One-way Ticket (Local Transport) 2.00 $
(1.86 €)
1.61 $
(1.50 €)
     -19.6 %
Monthly Pass (Regular Price) 64.00 $
(59.67 €)
42.90 $
(40.00 €)
     -33.0 %
Taxi Start (Normal Tariff) 2.75 $
(2.56 €)
3.22 $
(3.00 €)
     +17.0 %
Taxi 1 mile (Normal Tariff) 2.20 $
(2.05 €)
2.07 $
(1.93 €)
     -5.8 %
Taxi 1hour Waiting (Normal Tariff) 36.00 $
(33.57 €)
23.60 $
(22.00 €)
     -34.5 %
Gasoline (1 gallon) 4.15 $
(3.86 €)
6.67 $
(6.22 €)
     +60.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 $
(27,971.01 €)
35,785.26 $
(33,365.00 €)
     +19.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,595.23 $
(25,728.88 €)
29,623.25 $
(27,619.74 €)
     +7.3 %
Utilities (Monthly)
Phoenix, AZ Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 235.37 $
(219.45 €)
148.98 $
(138.91 €)
     -36.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 71.05 $
(66.24 €)
14.73 $
(13.73 €)
     -79.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.21 $
(65.46 €)
31.71 $
(29.56 €)
     -54.8 %
Sports And Leisure
Phoenix, AZ Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 26.62 $
(24.82 €)
46.48 $
(43.33 €)
     +74.6 %
Tennis Court Rent (1 Hour on Weekend) 19.33 $
(18.03 €)
10.52 $
(9.80 €)
     -45.6 %
Cinema, International Release, 1 Seat 12.75 $
(11.89 €)
10.73 $
(10.00 €)
     -15.9 %
Childcare
Phoenix, AZ Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,142.86 $
(1,065.56 €)
524.51 $
(489.04 €)
     -54.1 %
International Primary School, Yearly for 1 Child 10,400.00 $
(9,696.62 €)
9,719.25 $
(9,061.90 €)
     -6.5 %
Clothing And Shoes
Phoenix, AZ Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.67 $
(43.51 €)
72.00 $
(67.13 €)
     +54.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.44 $
(36.77 €)
29.30 $
(27.32 €)
     -25.7 %
1 Pair of Nike Running Shoes (Mid-Range) 86.67 $
(80.80 €)
80.21 $
(74.79 €)
     -7.4 %
1 Pair of Men Leather Business Shoes 110.68 $
(103.20 €)
87.63 $
(81.70 €)
     -20.8 %
Rent Per Month
Phoenix, AZ Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,581.04 $
(1,474.11 €)
1,277.26 $
(1,190.88 €)
     -19.2 %
Apartment (1 bedroom) Outside of Centre 1,404.71 $
(1,309.71 €)
931.22 $
(868.24 €)
     -33.7 %
Apartment (3 bedrooms) in City Centre 2,736.32 $
(2,551.25 €)
2,227.87 $
(2,077.19 €)
     -18.6 %
Apartment (3 bedrooms) Outside of Centre 2,335.29 $
(2,177.34 €)
1,595.09 $
(1,487.21 €)
     -31.7 %
Buy Apartment Price
Phoenix, AZ Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 319.48 $
(297.87 €)
441.35 $
(411.50 €)
     +38.1 %
Price per Square Feet to Buy Apartment Outside of Centre 289.81 $
(270.21 €)
253.45 $
(236.31 €)
     -12.5 %
Salaries And Financing
Phoenix, AZ Edit Madrid Edit
Average Monthly Net Salary (After Tax) 4,646.48 $
(4,332.23 €)
2,654.65 $
(2,475.10 €)
     -42.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 2.48      -62.1 %
Last update: April 2024April 2024
Contributors in the past 12 months:158581