Cost of Living Comparison Between Madrid and Cebu 

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Indices DifferenceInfo
Cost of Living in Cebu is 37.3% lower than in Madrid (without rent)
Cost of Living Including Rent in Cebu is 51.1% lower than in Madrid
Rent Prices in Cebu are 75.6% lower than in Madrid
Restaurant Prices in Cebu are 67.8% lower than in Madrid
Groceries Prices in Cebu are 22.1% lower than in Madrid
Local Purchasing Power in Cebu is 66.8% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Cebu Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(953.38 ₱)
3.54 €
(225.00 ₱)
     -76.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(3,813.53 ₱)
17.31 €
(1,100.00 ₱)
     -71.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(635.59 ₱)
3.15 €
(200.00 ₱)
     -68.5 %
Domestic Beer (1 pint draught) 3.50 €
(222.46 ₱)
1.26 €
(80.00 ₱)
     -64.0 %
Imported Beer (12 oz small bottle) 4.00 €
(254.24 ₱)
2.28 €
(145.00 ₱)
     -43.0 %
Cappuccino (regular) 2.44 €
(154.80 ₱)
2.36 €
(150.27 ₱)
     -2.9 %
Coke/Pepsi (12 oz small bottle) 2.60 €
(164.99 ₱)
0.74 €
(47.06 ₱)
     -71.5 %
Water (12 oz small bottle) 1.70 €
(108.22 ₱)
0.48 €
(30.25 ₱)
     -72.0 %
Markets
Madrid Edit Cebu Edit
Milk (regular), (1 gallon) 4.03 €
(256.29 ₱)
6.23 €
(396.00 ₱)
     +54.5 %
Loaf of Fresh White Bread (1 lb) 1.45 €
(92.21 ₱)
1.04 €
(66.34 ₱)
     -28.1 %
Rice (white), (1 lb) 0.66 €
(42.26 ₱)
0.39 €
(24.89 ₱)
     -41.1 %
Eggs (regular) (12) 2.82 €
(179.21 ₱)
1.87 €
(118.67 ₱)
     -33.8 %
Local Cheese (1 lb) 6.47 €
(410.96 ₱)
3.85 €
(244.94 ₱)
     -40.4 %
Chicken Fillets (1 lb) 3.66 €
(232.72 ₱)
2.10 €
(133.70 ₱)
     -42.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.48 €
(411.94 ₱)
2.98 €
(189.56 ₱)
     -54.0 %
Apples (1 lb) 1.06 €
(67.27 ₱)
1.37 €
(86.94 ₱)
     +29.2 %
Banana (1 lb) 0.84 €
(53.10 ₱)
0.53 €
(33.50 ₱)
     -36.9 %
Oranges (1 lb) 0.91 €
(58.09 ₱)
1.78 €
(113.04 ₱)
     +94.6 %
Tomato (1 lb) 1.04 €
(66.10 ₱)
0.79 €
(50.18 ₱)
     -24.1 %
Potato (1 lb) 0.69 €
(43.78 ₱)
0.86 €
(54.43 ₱)
     +24.3 %
Onion (1 lb) 0.70 €
(44.34 ₱)
1.55 €
(98.66 ₱)
     +122.5 %
Lettuce (1 head) 1.21 €
(76.64 ₱)
0.94 €
(60.00 ₱)
     -21.7 %
Water (1.5 liter bottle) 0.88 €
(55.80 ₱)
0.64 €
(40.86 ₱)
     -26.8 %
Bottle of Wine (Mid-Range) 6.50 €
(413.13 ₱)
6.29 €
(400.00 ₱)
     -3.2 %
Domestic Beer (0.5 liter bottle) 1.23 €
(78.35 ₱)
1.18 €
(74.89 ₱)
     -4.4 %
Imported Beer (12 oz small bottle) 1.93 €
(122.85 ₱)
2.11 €
(134.00 ₱)
     +9.1 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(357.52 ₱)
2.36 €
(150.00 ₱)
     -58.0 %
Transportation
Madrid Edit Cebu Edit
One-way Ticket (Local Transport) 1.50 €
(95.34 ₱)
0.24 €
(15.00 ₱)
     -84.3 %
Monthly Pass (Regular Price) 52.00 €
(3,305.06 ₱)
13.37 €
(850.00 ₱)
     -74.3 %
Taxi Start (Normal Tariff) 3.12 €
(198.62 ₱)
0.66 €
(42.00 ₱)
     -78.9 %
Taxi 1 mile (Normal Tariff) 2.09 €
(132.97 ₱)
0.35 €
(22.53 ₱)
     -83.1 %
Taxi 1hour Waiting (Normal Tariff) 23.75 €
(1,509.52 ₱)
2.36 €
(150.00 ₱)
     -90.1 %
Gasoline (1 gallon) 6.31 €
(400.86 ₱)
4.06 €
(258.36 ₱)
     -35.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(2,120,639.32 ₱)
26,746.89 €
(1,700,000.00 ₱)
     -19.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(1,755,477.29 ₱)
16,653.87 €
(1,058,500.00 ₱)
     -39.7 %
Utilities (Monthly)
Madrid Edit Cebu Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 152.60 €
(9,699.28 ₱)
98.09 €
(6,234.38 ₱)
     -35.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.73 €
(999.93 ₱)
34.08 €
(2,166.00 ₱)
     +116.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.23 €
(1,984.83 ₱)
30.87 €
(1,962.12 ₱)
     -1.1 %
Sports And Leisure
Madrid Edit Cebu Edit
Fitness Club, Monthly Fee for 1 Adult 45.81 €
(2,911.60 ₱)
23.60 €
(1,500.00 ₱)
     -48.5 %
Tennis Court Rent (1 Hour on Weekend) 13.75 €
(873.93 ₱)
3.41 €
(216.67 ₱)
     -75.2 %
Cinema, International Release, 1 Seat 10.00 €
(635.59 ₱)
4.72 €
(300.00 ₱)
     -52.8 %
Childcare
Madrid Edit Cebu Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 506.67 €
(32,203.12 ₱)
197.32 €
(12,541.67 ₱)
     -61.1 %
International Primary School, Yearly for 1 Child 9,175.00 €
(583,151.98 ₱)
3,343.36 €
(212,500.00 ₱)
     -63.6 %
Clothing And Shoes
Madrid Edit Cebu Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.62 €
(5,696.18 ₱)
40.01 €
(2,542.86 ₱)
     -55.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.85 €
(2,278.29 ₱)
21.50 €
(1,366.67 ₱)
     -40.0 %
1 Pair of Nike Running Shoes (Mid-Range) 88.34 €
(5,615.02 ₱)
62.93 €
(4,000.00 ₱)
     -28.8 %
1 Pair of Men Leather Business Shoes 104.58 €
(6,647.19 ₱)
56.38 €
(3,583.33 ₱)
     -46.1 %
Rent Per Month
Madrid Edit Cebu Edit
Apartment (1 bedroom) in City Centre 1,337.21 €
(84,991.42 ₱)
438.29 €
(27,857.14 ₱)
     -67.2 %
Apartment (1 bedroom) Outside of Centre 961.58 €
(61,116.80 ₱)
217.12 €
(13,800.00 ₱)
     -77.4 %
Apartment (3 bedrooms) in City Centre 2,320.93 €
(147,515.54 ₱)
537.56 €
(34,166.67 ₱)
     -76.8 %
Apartment (3 bedrooms) Outside of Centre 1,680.77 €
(106,827.67 ₱)
346.14 €
(22,000.00 ₱)
     -79.4 %
Buy Apartment Price
Madrid Edit Cebu Edit
Price per Square Feet to Buy Apartment in City Centre 510.00 €
(32,415.14 ₱)
288.55 €
(18,339.61 ₱)
     -43.4 %
Price per Square Feet to Buy Apartment Outside of Centre 306.34 €
(19,470.63 ₱)
102.86 €
(6,537.57 ₱)
     -66.4 %
Salaries And Financing
Madrid Edit Cebu Edit
Average Monthly Net Salary (After Tax) 2,146.69 €
(136,440.87 ₱)
348.05 €
(22,121.38 ₱)
     -83.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 7.67      +128.2 %
Last update: June 2024May 2024
Contributors in the past 12 months:47046