Cost of Living Comparison Between Madrid and Santiago 
| Indices Difference |  |
|---|---|
| Cost of Living in Santiago is 19.2% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Santiago is 33.9% lower than in Madrid | |
| Rent Prices in Santiago are 59.6% lower than in Madrid | |
| Restaurant Prices in Santiago are 21.4% lower than in Madrid | |
| Groceries Prices in Santiago are 12.0% lower than in Madrid | |
| Local Purchasing Power in Santiago is 52.6% lower than in Madrid | |
Restaurants | Madrid Edit |
Santiago Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (14,848.52 CL$) |
10.10 € (10,000.00 CL$) |
-32.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (59,394.06 CL$) |
50.51 € (50,000.00 CL$) |
-15.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (9,899.01 CL$) |
8.08 € (8,000.00 CL$) |
-19.2 % |
| Domestic Beer (1 pint draught) |
3.50 € (3,464.65 CL$) |
3.03 € (3,000.00 CL$) |
-13.4 % |
| Imported Beer (12 oz small bottle) |
4.00 € (3,959.60 CL$) |
4.04 € (4,000.00 CL$) |
+1.0 % |
| Cappuccino (regular) |
2.44 € (2,411.01 CL$) |
2.74 € (2,712.61 CL$) |
+12.5 % |
| Coke/Pepsi (12 oz small bottle) |
2.60 € (2,569.62 CL$) |
1.51 € (1,495.47 CL$) |
-41.8 % |
| Water (12 oz small bottle) |
1.70 € (1,685.51 CL$) |
1.20 € (1,185.70 CL$) |
-29.7 % |
Markets | Madrid Edit |
Santiago Edit | |
| Milk (regular), (1 gallon) |
4.02 € (3,978.11 CL$) |
4.52 € (4,477.40 CL$) |
+12.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 € (1,399.59 CL$) |
1.37 € (1,356.84 CL$) |
-3.1 % |
| Rice (white), (1 lb) |
0.66 € (654.47 CL$) |
0.73 € (724.06 CL$) |
+10.6 % |
| Eggs (regular) (12) |
2.77 € (2,737.67 CL$) |
3.69 € (3,651.45 CL$) |
+33.4 % |
| Local Cheese (1 lb) |
6.41 € (6,340.76 CL$) |
4.69 € (4,642.64 CL$) |
-26.8 % |
| Chicken Fillets (1 lb) |
3.63 € (3,594.34 CL$) |
2.82 € (2,789.31 CL$) |
-22.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.39 € (6,324.25 CL$) |
5.33 € (5,271.92 CL$) |
-16.6 % |
| Apples (1 lb) |
1.07 € (1,056.08 CL$) |
0.86 € (854.37 CL$) |
-19.1 % |
| Banana (1 lb) |
0.83 € (825.72 CL$) |
0.71 € (701.54 CL$) |
-15.0 % |
| Oranges (1 lb) |
0.91 € (900.36 CL$) |
0.77 € (760.53 CL$) |
-15.5 % |
| Tomato (1 lb) |
1.03 € (1,022.71 CL$) |
0.78 € (771.58 CL$) |
-24.6 % |
| Potato (1 lb) |
0.70 € (695.28 CL$) |
0.69 € (681.12 CL$) |
-2.0 % |
| Onion (1 lb) |
0.70 € (694.13 CL$) |
0.61 € (603.82 CL$) |
-13.0 % |
| Lettuce (1 head) |
1.19 € (1,182.58 CL$) |
1.06 € (1,053.33 CL$) |
-10.9 % |
| Water (1.5 liter bottle) |
0.85 € (844.08 CL$) |
1.14 € (1,129.69 CL$) |
+33.8 % |
| Bottle of Wine (Mid-Range) |
6.00 € (5,939.41 CL$) |
5.05 € (5,000.00 CL$) |
-15.8 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (1,205.18 CL$) |
1.33 € (1,315.77 CL$) |
+9.2 % |
| Imported Beer (12 oz small bottle) |
1.84 € (1,817.06 CL$) |
2.32 € (2,297.11 CL$) |
+26.4 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (5,592.94 CL$) |
5.05 € (5,000.00 CL$) |
-10.6 % |
Transportation | Madrid Edit |
Santiago Edit | |
| One-way Ticket (Local Transport) |
1.50 € (1,484.85 CL$) |
0.81 € (800.00 CL$) |
-46.1 % |
| Monthly Pass (Regular Price) |
51.00 € (50,484.95 CL$) |
40.41 € (40,000.00 CL$) |
-20.8 % |
| Taxi Start (Normal Tariff) |
3.12 € (3,093.44 CL$) |
0.40 € (400.00 CL$) |
-87.1 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (2,071.02 CL$) |
2.36 € (2,333.55 CL$) |
+12.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.75 € (23,510.15 CL$) |
8.94 € (8,850.00 CL$) |
-62.4 % |
| Gasoline (1 gallon) |
6.31 € (6,249.13 CL$) |
4.99 € (4,936.55 CL$) |
-21.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (33,028,048.83 CL$) |
16,163.23 € (16,000,000.00 CL$) |
-51.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,882.89 € (27,601,307.03 CL$) |
18,818.62 € (18,628,571.43 CL$) |
-32.5 % |
Utilities (Monthly) | Madrid Edit |
Santiago Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
152.60 € (151,062.06 CL$) |
142.02 € (140,583.34 CL$) |
-6.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.57 € (15,411.35 CL$) |
10.91 € (10,801.70 CL$) |
-29.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.89 € (31,563.42 CL$) |
20.24 € (20,035.20 CL$) |
-36.5 % |
Sports And Leisure | Madrid Edit |
Santiago Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.44 € (44,982.95 CL$) |
37.06 € (36,683.33 CL$) |
-18.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.54 € (13,406.09 CL$) |
19.71 € (19,512.57 CL$) |
+45.6 % |
| Cinema, International Release, 1 Seat |
10.50 € (10,393.96 CL$) |
5.76 € (5,700.00 CL$) |
-45.2 % |
Childcare | Madrid Edit |
Santiago Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (501,549.87 CL$) |
374.30 € (370,519.70 CL$) |
-26.1 % |
| International Primary School, Yearly for 1 Child |
9,175.00 € (9,082,342.22 CL$) |
6,333.80 € (6,269,839.47 CL$) |
-31.0 % |
Clothing And Shoes | Madrid Edit |
Santiago Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
89.62 € (88,715.62 CL$) |
50.14 € (49,638.03 CL$) |
-44.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.59 € (35,232.41 CL$) |
30.02 € (29,717.73 CL$) |
-15.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.94 € (87,051.30 CL$) |
68.96 € (68,265.00 CL$) |
-21.6 % |
| 1 Pair of Men Leather Business Shoes |
103.60 € (102,553.75 CL$) |
74.34 € (73,594.00 CL$) |
-28.2 % |
Rent Per Month | Madrid Edit |
Santiago Edit | |
| Apartment (1 bedroom) in City Centre |
1,345.65 € (1,332,062.51 CL$) |
501.50 € (496,436.76 CL$) |
-62.7 % |
| Apartment (1 bedroom) Outside of Centre |
960.48 € (950,776.40 CL$) |
422.44 € (418,171.00 CL$) |
-56.0 % |
| Apartment (3 bedrooms) in City Centre |
2,330.00 € (2,306,469.47 CL$) |
872.09 € (863,285.00 CL$) |
-62.6 % |
| Apartment (3 bedrooms) Outside of Centre |
1,668.75 € (1,651,897.39 CL$) |
749.91 € (742,333.33 CL$) |
-55.1 % |
Buy Apartment Price | Madrid Edit |
Santiago Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
508.45 € (503,319.26 CL$) |
221.62 € (219,380.34 CL$) |
-56.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
306.97 € (303,867.62 CL$) |
222.21 € (219,963.38 CL$) |
-27.6 % |
Salaries And Financing | Madrid Edit |
Santiago Edit | |
| Average Monthly Net Salary (After Tax) |
2,130.89 € (2,109,365.61 CL$) |
667.52 € (660,779.44 CL$) |
-68.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.36 | 5.16 | +53.5 % |
| Last update: | June 2024 | May 2024 | |
| Contributors in the past 12 months: | 476 | 187 |
Moving to Madrid? Explore:
Moving to Santiago? Explore:
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 |
Cities near Santiago: | Cost of Living in San Bernardo | 16.18 miles |
| Cost of Living in Valparaiso | 73.75 miles |
| Cost of Living in Vina del Mar | 86.99 miles |
| Cost of Living in Linares | 196.99 miles |