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 52.9% lower than in London | |
| Restaurant Prices in Madrid are 33.9% lower than in London | |
| Groceries Prices in Madrid are 23.1% lower than in London | |
| Local Purchasing Power in Madrid is 7.0% lower than in London | |
Restaurants | London Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (23.48 €) |
12.78 £ (15.00 €) |
-36.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (93.92 €) |
51.11 £ (60.00 €) |
-36.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (9.39 €) |
8.52 £ (10.00 €) |
+6.5 % |
| Domestic Beer (1 pint draught) |
6.50 £ (7.63 €) |
2.98 £ (3.50 €) |
-54.1 % |
| Imported Beer (12 oz small bottle) |
5.50 £ (6.46 €) |
3.41 £ (4.00 €) |
-38.1 % |
| Cappuccino (regular) |
3.62 £ (4.25 €) |
2.05 £ (2.40 €) |
-43.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.05 £ (2.40 €) |
2.15 £ (2.52 €) |
+5.1 % |
| Water (12 oz small bottle) |
1.62 £ (1.91 €) |
1.41 £ (1.65 €) |
-13.2 % |
Markets | London Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
4.93 £ (5.79 €) |
3.41 £ (4.00 €) |
-30.9 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 £ (1.64 €) |
1.17 £ (1.38 €) |
-16.2 % |
| Rice (white), (1 lb) |
0.94 £ (1.10 €) |
0.57 £ (0.66 €) |
-39.8 % |
| Eggs (regular) (12) |
3.20 £ (3.75 €) |
2.39 £ (2.80 €) |
-25.3 % |
| Local Cheese (1 lb) |
3.46 £ (4.07 €) |
5.47 £ (6.42 €) |
+57.8 % |
| Chicken Fillets (1 lb) |
3.42 £ (4.01 €) |
2.99 £ (3.51 €) |
-12.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (6.48 €) |
5.47 £ (6.43 €) |
-0.7 % |
| Apples (1 lb) |
1.20 £ (1.41 €) |
0.88 £ (1.04 €) |
-26.3 % |
| Banana (1 lb) |
0.60 £ (0.70 €) |
0.71 £ (0.83 €) |
+18.4 % |
| Oranges (1 lb) |
1.20 £ (1.41 €) |
0.75 £ (0.88 €) |
-37.5 % |
| Tomato (1 lb) |
1.50 £ (1.76 €) |
0.87 £ (1.02 €) |
-42.4 % |
| Potato (1 lb) |
0.58 £ (0.68 €) |
0.57 £ (0.67 €) |
-1.0 % |
| Onion (1 lb) |
0.53 £ (0.62 €) |
0.58 £ (0.69 €) |
+10.0 % |
| Lettuce (1 head) |
0.97 £ (1.14 €) |
1.01 £ (1.19 €) |
+4.2 % |
| Water (1.5 liter bottle) |
1.30 £ (1.52 €) |
0.75 £ (0.88 €) |
-42.5 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (11.15 €) |
5.11 £ (6.00 €) |
-46.2 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (2.45 €) |
1.03 £ (1.21 €) |
-50.9 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (2.86 €) |
1.61 £ (1.90 €) |
-33.7 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (17.61 €) |
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 £ (234.80 €) |
44.29 £ (52.00 €) |
-77.9 % |
| Taxi Start (Normal Tariff) |
4.50 £ (5.28 €) |
2.56 £ (3.00 €) |
-43.2 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (3.68 €) |
1.78 £ (2.09 €) |
-43.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (35.22 €) |
18.74 £ (22.00 €) |
-37.5 % |
| Gasoline (1 gallon) |
5.72 £ (6.72 €) |
5.33 £ (6.25 €) |
-6.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (32,026.71 €) |
28,419.94 £ (33,365.00 €) |
+4.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (30,360.37 €) |
23,526.19 £ (27,619.74 €) |
-9.0 % |
Utilities (Monthly) | London Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
291.61 £ (342.36 €) |
123.29 £ (144.75 €) |
-57.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.49 £ (18.19 €) |
12.90 £ (15.14 €) |
-16.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.23 £ (36.66 €) |
25.97 £ (30.49 €) |
-16.8 % |
Sports And Leisure | London Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.94 £ (53.93 €) |
37.93 £ (44.53 €) |
-17.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (16.85 €) |
10.60 £ (12.44 €) |
-26.2 % |
| Cinema, International Release, 1 Seat |
15.00 £ (17.61 €) |
8.52 £ (10.00 €) |
-43.2 % |
Childcare | London Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (2,160.56 €) |
431.57 £ (506.67 €) |
-76.5 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (23,544.28 €) |
7,848.63 £ (9,214.29 €) |
-60.9 % |
Clothing And Shoes | London Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.16 £ (96.45 €) |
66.91 £ (78.56 €) |
-18.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.57 £ (46.46 €) |
27.23 £ (31.97 €) |
-31.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.16 £ (104.67 €) |
69.28 £ (81.33 €) |
-22.3 % |
| 1 Pair of Men Leather Business Shoes |
99.29 £ (116.56 €) |
79.58 £ (93.43 €) |
-19.8 % |
Rent Per Month | London Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,131.63 £ (2,502.54 €) |
1,103.99 £ (1,296.08 €) |
-48.2 % |
| Apartment (1 bedroom) Outside of Centre |
1,605.16 £ (1,884.45 €) |
796.88 £ (935.53 €) |
-50.4 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (5,192.57 €) |
1,914.79 £ (2,247.96 €) |
-56.7 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (3,356.44 €) |
1,371.57 £ (1,610.23 €) |
-52.0 % |
Buy Apartment Price | London Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,292.57 £ (1,517.47 €) |
386.36 £ (453.59 €) |
-70.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (867.85 €) |
219.09 £ (257.21 €) |
-70.4 % |
Salaries And Financing | London Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,492.75 £ (4,100.49 €) |
1,891.61 £ (2,220.75 €) |
-45.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.51 | 2.90 | -47.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 915 | 521 |
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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 |