Cost of Living Comparison Between London and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 32.8% lower than in London (without rent) | |
| Cost of Living Including Rent in Madrid is 41.8% lower than in London | |
| Rent Prices in Madrid are 53.0% lower than in London | |
| Restaurant Prices in Madrid are 34.1% lower than in London | |
| Groceries Prices in Madrid are 22.6% lower than in London | |
| Local Purchasing Power in Madrid is 7.6% lower than in London | |
Restaurants | London Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (23.50 €) |
12.77 £ (15.00 €) |
-36.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (94.01 €) |
51.06 £ (60.00 €) |
-36.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (9.40 €) |
8.51 £ (10.00 €) |
+6.4 % |
| Domestic Beer (1 pint draught) |
6.50 £ (7.64 €) |
2.98 £ (3.50 €) |
-54.2 % |
| Imported Beer (12 oz small bottle) |
5.75 £ (6.76 €) |
3.40 £ (4.00 €) |
-40.8 % |
| Cappuccino (regular) |
3.62 £ (4.25 €) |
2.05 £ (2.40 €) |
-43.5 % |
| Coke/Pepsi (12 oz small bottle) |
2.05 £ (2.41 €) |
2.14 £ (2.51 €) |
+4.3 % |
| Water (12 oz small bottle) |
1.63 £ (1.91 €) |
1.41 £ (1.65 €) |
-13.6 % |
Markets | London Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
4.96 £ (5.83 €) |
3.40 £ (4.00 €) |
-31.3 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 £ (1.65 €) |
1.17 £ (1.38 €) |
-16.6 % |
| Rice (white), (1 lb) |
0.92 £ (1.08 €) |
0.56 £ (0.66 €) |
-38.9 % |
| Eggs (regular) (12) |
3.19 £ (3.75 €) |
2.38 £ (2.80 €) |
-25.4 % |
| Local Cheese (1 lb) |
3.41 £ (4.00 €) |
5.46 £ (6.42 €) |
+60.3 % |
| Chicken Fillets (1 lb) |
3.39 £ (3.98 €) |
2.99 £ (3.51 €) |
-11.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (6.48 €) |
5.47 £ (6.43 €) |
-0.8 % |
| Apples (1 lb) |
1.17 £ (1.37 €) |
0.88 £ (1.04 €) |
-24.3 % |
| Banana (1 lb) |
0.60 £ (0.70 €) |
0.71 £ (0.83 €) |
+18.3 % |
| Oranges (1 lb) |
1.18 £ (1.39 €) |
0.75 £ (0.88 €) |
-36.2 % |
| Tomato (1 lb) |
1.46 £ (1.72 €) |
0.86 £ (1.02 €) |
-40.8 % |
| Potato (1 lb) |
0.58 £ (0.68 €) |
0.57 £ (0.67 €) |
-1.1 % |
| Onion (1 lb) |
0.53 £ (0.62 €) |
0.58 £ (0.69 €) |
+9.9 % |
| Lettuce (1 head) |
0.97 £ (1.14 €) |
1.01 £ (1.19 €) |
+4.2 % |
| Water (1.5 liter bottle) |
1.27 £ (1.50 €) |
0.75 £ (0.88 €) |
-41.5 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (11.16 €) |
5.11 £ (6.00 €) |
-46.3 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (2.46 €) |
1.03 £ (1.21 €) |
-50.9 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (2.86 €) |
1.58 £ (1.86 €) |
-35.0 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (17.63 €) |
4.79 £ (5.62 €) |
-68.1 % |
Transportation | London Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (3.29 €) |
1.28 £ (1.50 €) |
-54.4 % |
| Monthly Pass (Regular Price) |
200.00 £ (235.02 €) |
44.25 £ (52.00 €) |
-77.9 % |
| Taxi Start (Normal Tariff) |
4.50 £ (5.29 €) |
2.55 £ (3.00 €) |
-43.3 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (3.68 €) |
1.78 £ (2.09 €) |
-43.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (35.25 €) |
18.72 £ (22.00 €) |
-37.6 % |
| Gasoline (1 gallon) |
5.72 £ (6.72 €) |
5.32 £ (6.25 €) |
-7.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (32,056.07 €) |
28,393.91 £ (33,365.00 €) |
+4.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (30,388.20 €) |
23,504.64 £ (27,619.74 €) |
-9.1 % |
Utilities (Monthly) | London Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
291.61 £ (342.67 €) |
121.61 £ (142.90 €) |
-58.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.49 £ (18.21 €) |
12.75 £ (14.98 €) |
-17.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.23 £ (36.69 €) |
26.03 £ (30.58 €) |
-16.7 % |
Sports And Leisure | London Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.94 £ (53.98 €) |
38.19 £ (44.88 €) |
-16.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (16.87 €) |
10.85 £ (12.75 €) |
-24.4 % |
| Cinema, International Release, 1 Seat |
15.00 £ (17.63 €) |
8.51 £ (10.00 €) |
-43.3 % |
Childcare | London Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (2,162.54 €) |
431.18 £ (506.67 €) |
-76.6 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (23,565.87 €) |
7,841.44 £ (9,214.29 €) |
-60.9 % |
Clothing And Shoes | London Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.16 £ (96.54 €) |
66.85 £ (78.56 €) |
-18.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.57 £ (46.50 €) |
27.21 £ (31.97 €) |
-31.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.16 £ (104.77 €) |
68.74 £ (80.78 €) |
-22.9 % |
| 1 Pair of Men Leather Business Shoes |
99.29 £ (116.67 €) |
78.53 £ (92.28 €) |
-20.9 % |
Rent Per Month | London Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,131.63 £ (2,504.83 €) |
1,102.06 £ (1,295.00 €) |
-48.3 % |
| Apartment (1 bedroom) Outside of Centre |
1,605.16 £ (1,886.18 €) |
796.15 £ (935.53 €) |
-50.4 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (5,197.33 €) |
1,913.03 £ (2,247.96 €) |
-56.7 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (3,359.51 €) |
1,370.32 £ (1,610.23 €) |
-52.1 % |
Buy Apartment Price | London Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,292.57 £ (1,518.86 €) |
386.01 £ (453.59 €) |
-70.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (868.64 €) |
218.89 £ (257.21 €) |
-70.4 % |
Salaries And Financing | London Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,492.85 £ (4,104.36 €) |
1,880.58 £ (2,209.82 €) |
-46.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.51 | 2.92 | -46.9 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 911 | 519 |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
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 |