Cost of Living Comparison Between Madrid and Limassol 

Indices DifferenceInfo
Cost of Living in Limassol is 8.8% higher than in Madrid (without rent)
Cost of Living Including Rent in Limassol is 12.9% higher than in Madrid
Rent Prices in Limassol are 20.2% higher than in Madrid
Restaurant Prices in Limassol are 9.4% higher than in Madrid
Groceries Prices in Limassol are 2.3% higher than in Madrid
Local Purchasing Power in Limassol is 28.1% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Limassol Edit Difference
Meal, Inexpensive Restaurant 15.00 € 19.00 €      +26.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 60.00 €      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 7.50 €      -25.0 %
Domestic Beer (1 pint draught) 3.50 € 3.00 €      -14.3 %
Imported Beer (12 oz small bottle) 4.00 € 4.00 €      0.0 %
Cappuccino (regular) 2.40 € 3.63 €      +50.9 %
Coke/Pepsi (12 oz small bottle) 2.51 € 2.11 €      -16.1 %
Water (12 oz small bottle) 1.65 € 0.82 €      -50.1 %
Markets
Madrid Edit Limassol Edit
Milk (regular), (1 gallon) 4.00 € 6.66 €      +66.5 %
Loaf of Fresh White Bread (1 lb) 1.38 € 1.77 €      +28.5 %
Rice (white), (1 lb) 0.66 € 1.18 €      +77.8 %
Eggs (regular) (12) 2.80 € 3.84 €      +37.3 %
Local Cheese (1 lb) 6.42 € 5.41 €      -15.8 %
Chicken Fillets (1 lb) 3.51 € 3.80 €      +8.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.43 € 5.48 €      -14.8 %
Apples (1 lb) 1.04 € 1.15 €      +10.7 %
Banana (1 lb) 0.83 € 0.87 €      +4.9 %
Oranges (1 lb) 0.88 € 0.74 €      -16.3 %
Tomato (1 lb) 1.02 € 1.28 €      +26.0 %
Potato (1 lb) 0.67 € 0.59 €      -11.9 %
Onion (1 lb) 0.69 € 0.58 €      -15.0 %
Lettuce (1 head) 1.19 € 1.12 €      -6.0 %
Water (1.5 liter bottle) 0.88 € 0.91 €      +4.4 %
Bottle of Wine (Mid-Range) 6.00 € 7.00 €      +16.7 %
Domestic Beer (0.5 liter bottle) 1.21 € 1.70 €      +40.6 %
Imported Beer (12 oz small bottle) 1.86 € 2.60 €      +39.8 %
Cigarettes 20 Pack (Marlboro) 5.62 € 4.85 €      -13.8 %
Transportation
Madrid Edit Limassol Edit
One-way Ticket (Local Transport) 1.50 € 1.50 €      0.0 %
Monthly Pass (Regular Price) 52.00 € 40.00 €      -23.1 %
Taxi Start (Normal Tariff) 3.00 € 6.00 €      +100.0 %
Taxi 1 mile (Normal Tariff) 2.09 € 2.86 €      +36.5 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 30.00 €      +36.4 %
Gasoline (1 gallon) 6.25 € 5.44 €      -12.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 24,000.00 €      -28.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 25,980.00 €      -5.9 %
Utilities (Monthly)
Madrid Edit Limassol Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.90 € 210.02 €      +47.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.98 € 20.27 €      +35.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.58 € 31.46 €      +2.9 %
Sports And Leisure
Madrid Edit Limassol Edit
Fitness Club, Monthly Fee for 1 Adult 44.88 € 65.41 €      +45.7 %
Tennis Court Rent (1 Hour on Weekend) 12.75 € 24.44 €      +91.7 %
Cinema, International Release, 1 Seat 10.00 € 10.00 €      0.0 %
Childcare
Madrid Edit Limassol Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 506.67 € 483.99 €      -4.5 %
International Primary School, Yearly for 1 Child 9,214.29 € 7,850.00 €      -14.8 %
Clothing And Shoes
Madrid Edit Limassol Edit
1 Pair of Jeans (Levis 501 Or Similar) 78.56 € 92.62 €      +17.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.97 € 46.25 €      +44.7 %
1 Pair of Nike Running Shoes (Mid-Range) 80.78 € 93.21 €      +15.4 %
1 Pair of Men Leather Business Shoes 92.28 € 118.50 €      +28.4 %
Rent Per Month
Madrid Edit Limassol Edit
Apartment (1 bedroom) in City Centre 1,295.00 € 1,526.09 €      +17.8 %
Apartment (1 bedroom) Outside of Centre 935.53 € 1,138.10 €      +21.7 %
Apartment (3 bedrooms) in City Centre 2,247.96 € 2,554.17 €      +13.6 %
Apartment (3 bedrooms) Outside of Centre 1,610.23 € 2,100.00 €      +30.4 %
Buy Apartment Price
Madrid Edit Limassol Edit
Price per Square Feet to Buy Apartment in City Centre 453.59 € 420.05 €      -7.4 %
Price per Square Feet to Buy Apartment Outside of Centre 257.21 € 309.23 €      +20.2 %
Salaries And Financing
Madrid Edit Limassol Edit
Average Monthly Net Salary (After Tax) 2,209.82 € 1,792.46 €      -18.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 4.05      +38.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:519156