Cost of Living Comparison Between Madrid and Valencia 

Indices DifferenceInfo
Cost of Living in Valencia is 12.2% lower than in Madrid (without rent)
Cost of Living Including Rent in Valencia is 17.0% lower than in Madrid
Rent Prices in Valencia are 25.4% lower than in Madrid
Restaurant Prices in Valencia are 10.3% lower than in Madrid
Groceries Prices in Valencia are 14.2% lower than in Madrid
Local Purchasing Power in Valencia is 12.3% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Valencia Edit Difference
Meal, Inexpensive Restaurant 15.00 € 14.25 €      -5.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 50.00 €      -16.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 11.00 €      +10.0 %
Domestic Beer (1 pint draught) 3.50 € 3.00 €      -14.3 %
Imported Beer (12 oz small bottle) 4.00 € 2.75 €      -31.2 %
Cappuccino (regular) 2.44 € 1.96 €      -19.4 %
Coke/Pepsi (12 oz small bottle) 2.60 € 1.84 €      -29.0 %
Water (12 oz small bottle) 1.70 € 1.48 €      -13.0 %
Markets
Madrid Edit Valencia Edit
Milk (regular), (1 gallon) 4.03 € 3.89 €      -3.5 %
Loaf of Fresh White Bread (1 lb) 1.45 € 0.96 €      -33.9 %
Rice (white), (1 lb) 0.66 € 0.61 €      -8.5 %
Eggs (regular) (12) 2.82 € 2.55 €      -9.6 %
Local Cheese (1 lb) 6.47 € 4.40 €      -32.0 %
Chicken Fillets (1 lb) 3.66 € 3.44 €      -6.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.48 € 5.50 €      -15.1 %
Apples (1 lb) 1.06 € 1.00 €      -5.3 %
Banana (1 lb) 0.84 € 0.74 €      -11.6 %
Oranges (1 lb) 0.91 € 0.75 €      -17.8 %
Tomato (1 lb) 1.04 € 0.96 €      -7.9 %
Potato (1 lb) 0.69 € 0.72 €      +4.9 %
Onion (1 lb) 0.70 € 0.76 €      +8.8 %
Lettuce (1 head) 1.21 € 1.24 €      +2.9 %
Water (1.5 liter bottle) 0.88 € 0.64 €      -26.6 %
Bottle of Wine (Mid-Range) 6.50 € 5.00 €      -23.1 %
Domestic Beer (0.5 liter bottle) 1.23 € 1.06 €      -13.7 %
Imported Beer (12 oz small bottle) 1.93 € 1.57 €      -18.6 %
Cigarettes 20 Pack (Marlboro) 5.62 € 5.45 €      -3.2 %
Transportation
Madrid Edit Valencia Edit
One-way Ticket (Local Transport) 1.50 € 1.50 €      0.0 %
Monthly Pass (Regular Price) 52.00 € 30.00 €      -42.3 %
Taxi Start (Normal Tariff) 3.12 € 2.00 €      -36.0 %
Taxi 1 mile (Normal Tariff) 2.09 € 1.90 €      -9.2 %
Taxi 1hour Waiting (Normal Tariff) 23.75 € 21.38 €      -10.0 %
Gasoline (1 gallon) 6.31 € 6.02 €      -4.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 29,975.00 €      -10.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 29,642.86 €      +7.3 %
Utilities (Monthly)
Madrid Edit Valencia Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 152.60 € 136.66 €      -10.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.73 € 15.88 €      +0.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.23 € 28.11 €      -10.0 %
Sports And Leisure
Madrid Edit Valencia Edit
Fitness Club, Monthly Fee for 1 Adult 45.81 € 35.95 €      -21.5 %
Tennis Court Rent (1 Hour on Weekend) 13.75 € 11.31 €      -17.7 %
Cinema, International Release, 1 Seat 10.00 € 8.50 €      -15.0 %
Childcare
Madrid Edit Valencia Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 506.67 € 469.62 €      -7.3 %
International Primary School, Yearly for 1 Child 9,175.00 € 9,284.44 €      +1.2 %
Clothing And Shoes
Madrid Edit Valencia Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.62 € 87.65 €      -2.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.85 € 27.12 €      -24.3 %
1 Pair of Nike Running Shoes (Mid-Range) 88.34 € 86.06 €      -2.6 %
1 Pair of Men Leather Business Shoes 104.58 € 99.00 €      -5.3 %
Rent Per Month
Madrid Edit Valencia Edit
Apartment (1 bedroom) in City Centre 1,337.21 € 1,037.05 €      -22.4 %
Apartment (1 bedroom) Outside of Centre 961.58 € 794.72 €      -17.4 %
Apartment (3 bedrooms) in City Centre 2,320.93 € 1,716.18 €      -26.1 %
Apartment (3 bedrooms) Outside of Centre 1,680.77 € 1,151.36 €      -31.5 %
Buy Apartment Price
Madrid Edit Valencia Edit
Price per Square Feet to Buy Apartment in City Centre 510.00 € 256.79 €      -49.6 %
Price per Square Feet to Buy Apartment Outside of Centre 306.34 € 171.88 €      -43.9 %
Salaries And Financing
Madrid Edit Valencia Edit
Average Monthly Net Salary (After Tax) 2,146.69 € 1,562.45 €      -27.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 3.52      +4.6 %
Last update: June 2024May 2024
Contributors in the past 12 months:470185