Cost of Living Comparison Between Gent and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 15.3% lower than in Gent (without rent)
Cost of Living Including Rent in Madrid is 1.5% higher than in Gent
Rent Prices in Madrid are 57.7% higher than in Gent
Restaurant Prices in Madrid are 24.5% lower than in Gent
Groceries Prices in Madrid are 12.0% lower than in Gent
Local Purchasing Power in Madrid is 19.8% lower than in Gent
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Gent Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 19.00 € 15.00 €      -21.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.75 € 10.00 €      +2.6 %
Domestic Beer (1 pint draught) 4.75 € 3.50 €      -26.3 %
Imported Beer (12 oz small bottle) 4.00 € 4.00 €      0.0 %
Cappuccino (regular) 3.42 € 2.40 €      -29.7 %
Coke/Pepsi (12 oz small bottle) 2.95 € 2.54 €      -13.9 %
Water (12 oz small bottle) 2.58 € 1.64 €      -36.4 %
Markets
Gent Edit Madrid Edit
Milk (regular), (1 gallon) 4.19 € 4.03 €      -3.7 %
Loaf of Fresh White Bread (1 lb) 1.96 € 1.43 €      -26.9 %
Rice (white), (1 lb) 1.04 € 0.68 €      -34.8 %
Eggs (regular) (12) 3.23 € 2.81 €      -12.9 %
Local Cheese (1 lb) 6.62 € 6.51 €      -1.6 %
Chicken Fillets (1 lb) 4.42 € 3.60 €      -18.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.67 € 6.48 €      -2.9 %
Apples (1 lb) 1.11 € 1.07 €      -3.4 %
Banana (1 lb) 0.78 € 0.84 €      +8.2 %
Oranges (1 lb) 1.20 € 0.91 €      -23.8 %
Tomato (1 lb) 1.27 € 1.03 €      -19.0 %
Potato (1 lb) 0.67 € 0.69 €      +2.2 %
Onion (1 lb) 0.68 € 0.70 €      +3.3 %
Lettuce (1 head) 1.22 € 1.21 €      -1.3 %
Water (1.5 liter bottle) 0.75 € 0.89 €      +19.3 %
Bottle of Wine (Mid-Range) 7.50 € 6.00 €      -20.0 %
Domestic Beer (0.5 liter bottle) 1.59 € 1.23 €      -22.6 %
Imported Beer (12 oz small bottle) 2.20 € 1.93 €      -12.0 %
Cigarettes 20 Pack (Marlboro) 8.50 € 5.62 €      -33.8 %
Transportation
Gent Edit Madrid Edit
One-way Ticket (Local Transport) 2.50 € 1.50 €      -40.0 %
Monthly Pass (Regular Price) 50.00 € 52.00 €      +4.0 %
Taxi Start (Normal Tariff) 9.50 € 3.12 €      -67.1 %
Taxi 1 mile (Normal Tariff) 4.18 € 2.09 €      -50.0 %
Taxi 1hour Waiting (Normal Tariff) 46.00 € 22.25 €      -51.6 %
Gasoline (1 gallon) 6.52 € 6.26 €      -3.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,695.00 € 33,365.00 €      +35.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,891.25 € 27,619.74 €      +11.0 %
Utilities (Monthly)
Gent Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 196.07 € 146.00 €      -25.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 19.44 € 15.57 €      -19.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 48.33 € 30.89 €      -36.1 %
Sports And Leisure
Gent Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 32.62 € 45.44 €      +39.3 %
Tennis Court Rent (1 Hour on Weekend) 11.67 € 12.75 €      +9.3 %
Cinema, International Release, 1 Seat 13.00 € 10.00 €      -23.1 %
Childcare
Gent Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 533.33 € 506.67 €      -5.0 %
International Primary School, Yearly for 1 Child 24,250.00 € 9,214.29 €      -62.0 %
Clothing And Shoes
Gent Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 92.17 € 80.64 €      -12.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 € 32.82 €      -27.1 %
1 Pair of Nike Running Shoes (Mid-Range) 92.86 € 81.80 €      -11.9 %
1 Pair of Men Leather Business Shoes 126.67 € 94.34 €      -25.5 %
Rent Per Month
Gent Edit Madrid Edit
Apartment (1 bedroom) in City Centre 864.17 € 1,302.00 €      +50.7 %
Apartment (1 bedroom) Outside of Centre 731.25 € 941.09 €      +28.7 %
Apartment (3 bedrooms) in City Centre 1,262.50 € 2,257.29 €      +78.8 %
Apartment (3 bedrooms) Outside of Centre 1,023.75 € 1,619.77 €      +58.2 %
Buy Apartment Price
Gent Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 370.36 € 467.05 €      +26.1 %
Price per Square Feet to Buy Apartment Outside of Centre 297.66 € 263.65 €      -11.4 %
Salaries And Financing
Gent Edit Madrid Edit
Average Monthly Net Salary (After Tax) 2,702.76 € 2,201.31 €      -18.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.83 2.96      -22.7 %
Last update: May 2024May 2024
Contributors in the past 12 months:47524