Cost of Living Comparison Between Santiago and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 23.7% higher than in Santiago (without rent)
Cost of Living Including Rent in Madrid is 51.2% higher than in Santiago
Rent Prices in Madrid are 147.6% higher than in Santiago
Restaurant Prices in Madrid are 27.1% higher than in Santiago
Groceries Prices in Madrid are 13.7% higher than in Santiago
Local Purchasing Power in Madrid is 111.1% higher than in Santiago
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Santiago Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 10,000.00 CL$
(10.10 €)
14,848.52 CL$
(15.00 €)
     +48.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 CL$
(50.51 €)
59,394.06 CL$
(60.00 €)
     +18.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 CL$
(8.08 €)
9,899.01 CL$
(10.00 €)
     +23.7 %
Domestic Beer (1 pint draught) 3,000.00 CL$
(3.03 €)
3,464.65 CL$
(3.50 €)
     +15.5 %
Imported Beer (12 oz small bottle) 4,000.00 CL$
(4.04 €)
3,959.60 CL$
(4.00 €)
     -1.0 %
Cappuccino (regular) 2,712.61 CL$
(2.74 €)
2,411.01 CL$
(2.44 €)
     -11.1 %
Coke/Pepsi (12 oz small bottle) 1,495.47 CL$
(1.51 €)
2,569.62 CL$
(2.60 €)
     +71.8 %
Water (12 oz small bottle) 1,185.70 CL$
(1.20 €)
1,685.51 CL$
(1.70 €)
     +42.2 %
Markets
Santiago Edit Madrid Edit
Milk (regular), (1 gallon) 4,477.40 CL$
(4.52 €)
3,978.11 CL$
(4.02 €)
     -11.2 %
Loaf of Fresh White Bread (1 lb) 1,356.84 CL$
(1.37 €)
1,399.59 CL$
(1.41 €)
     +3.2 %
Rice (white), (1 lb) 724.06 CL$
(0.73 €)
654.47 CL$
(0.66 €)
     -9.6 %
Eggs (regular) (12) 3,651.45 CL$
(3.69 €)
2,737.67 CL$
(2.77 €)
     -25.0 %
Local Cheese (1 lb) 4,642.64 CL$
(4.69 €)
6,340.76 CL$
(6.41 €)
     +36.6 %
Chicken Fillets (1 lb) 2,789.31 CL$
(2.82 €)
3,594.34 CL$
(3.63 €)
     +28.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,271.92 CL$
(5.33 €)
6,324.25 CL$
(6.39 €)
     +20.0 %
Apples (1 lb) 854.37 CL$
(0.86 €)
1,056.08 CL$
(1.07 €)
     +23.6 %
Banana (1 lb) 701.54 CL$
(0.71 €)
825.72 CL$
(0.83 €)
     +17.7 %
Oranges (1 lb) 760.53 CL$
(0.77 €)
900.36 CL$
(0.91 €)
     +18.4 %
Tomato (1 lb) 771.58 CL$
(0.78 €)
1,022.71 CL$
(1.03 €)
     +32.5 %
Potato (1 lb) 681.12 CL$
(0.69 €)
695.28 CL$
(0.70 €)
     +2.1 %
Onion (1 lb) 603.82 CL$
(0.61 €)
694.13 CL$
(0.70 €)
     +15.0 %
Lettuce (1 head) 1,053.33 CL$
(1.06 €)
1,182.58 CL$
(1.19 €)
     +12.3 %
Water (1.5 liter bottle) 1,129.69 CL$
(1.14 €)
844.08 CL$
(0.85 €)
     -25.3 %
Bottle of Wine (Mid-Range) 5,000.00 CL$
(5.05 €)
5,939.41 CL$
(6.00 €)
     +18.8 %
Domestic Beer (0.5 liter bottle) 1,315.77 CL$
(1.33 €)
1,205.18 CL$
(1.22 €)
     -8.4 %
Imported Beer (12 oz small bottle) 2,297.11 CL$
(2.32 €)
1,817.06 CL$
(1.84 €)
     -20.9 %
Cigarettes 20 Pack (Marlboro) 5,000.00 CL$
(5.05 €)
5,592.94 CL$
(5.65 €)
     +11.9 %
Transportation
Santiago Edit Madrid Edit
One-way Ticket (Local Transport) 800.00 CL$
(0.81 €)
1,484.85 CL$
(1.50 €)
     +85.6 %
Monthly Pass (Regular Price) 40,000.00 CL$
(40.41 €)
50,484.95 CL$
(51.00 €)
     +26.2 %
Taxi Start (Normal Tariff) 400.00 CL$
(0.40 €)
3,093.44 CL$
(3.12 €)
     +673.4 %
Taxi 1 mile (Normal Tariff) 2,333.55 CL$
(2.36 €)
2,071.02 CL$
(2.09 €)
     -11.3 %
Taxi 1hour Waiting (Normal Tariff) 8,850.00 CL$
(8.94 €)
23,510.15 CL$
(23.75 €)
     +165.7 %
Gasoline (1 gallon) 4,936.55 CL$
(4.99 €)
6,249.13 CL$
(6.31 €)
     +26.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000,000.00 CL$
(16,163.23 €)
33,028,048.83 CL$
(33,365.00 €)
     +106.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,628,571.43 CL$
(18,818.62 €)
27,601,307.03 CL$
(27,882.89 €)
     +48.2 %
Utilities (Monthly)
Santiago Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 140,583.34 CL$
(142.02 €)
151,062.06 CL$
(152.60 €)
     +7.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,801.70 CL$
(10.91 €)
15,411.35 CL$
(15.57 €)
     +42.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20,035.20 CL$
(20.24 €)
31,563.42 CL$
(31.89 €)
     +57.5 %
Sports And Leisure
Santiago Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 36,683.33 CL$
(37.06 €)
44,982.95 CL$
(45.44 €)
     +22.6 %
Tennis Court Rent (1 Hour on Weekend) 19,512.57 CL$
(19.71 €)
13,406.09 CL$
(13.54 €)
     -31.3 %
Cinema, International Release, 1 Seat 5,700.00 CL$
(5.76 €)
10,393.96 CL$
(10.50 €)
     +82.4 %
Childcare
Santiago Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 370,519.70 CL$
(374.30 €)
501,549.87 CL$
(506.67 €)
     +35.4 %
International Primary School, Yearly for 1 Child 6,269,839.47 CL$
(6,333.80 €)
9,082,342.22 CL$
(9,175.00 €)
     +44.9 %
Clothing And Shoes
Santiago Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 49,638.03 CL$
(50.14 €)
88,715.62 CL$
(89.62 €)
     +78.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29,717.73 CL$
(30.02 €)
35,232.41 CL$
(35.59 €)
     +18.6 %
1 Pair of Nike Running Shoes (Mid-Range) 68,265.00 CL$
(68.96 €)
87,051.30 CL$
(87.94 €)
     +27.5 %
1 Pair of Men Leather Business Shoes 73,594.00 CL$
(74.34 €)
102,553.75 CL$
(103.60 €)
     +39.4 %
Rent Per Month
Santiago Edit Madrid Edit
Apartment (1 bedroom) in City Centre 496,436.76 CL$
(501.50 €)
1,332,062.51 CL$
(1,345.65 €)
     +168.3 %
Apartment (1 bedroom) Outside of Centre 418,171.00 CL$
(422.44 €)
950,776.40 CL$
(960.48 €)
     +127.4 %
Apartment (3 bedrooms) in City Centre 863,285.00 CL$
(872.09 €)
2,306,469.47 CL$
(2,330.00 €)
     +167.2 %
Apartment (3 bedrooms) Outside of Centre 742,333.33 CL$
(749.91 €)
1,651,897.39 CL$
(1,668.75 €)
     +122.5 %
Buy Apartment Price
Santiago Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 219,380.34 CL$
(221.62 €)
503,319.26 CL$
(508.45 €)
     +129.4 %
Price per Square Feet to Buy Apartment Outside of Centre 219,963.38 CL$
(222.21 €)
303,867.62 CL$
(306.97 €)
     +38.1 %
Salaries And Financing
Santiago Edit Madrid Edit
Average Monthly Net Salary (After Tax) 660,779.44 CL$
(667.52 €)
2,109,365.61 CL$
(2,130.89 €)
     +219.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 3.36      -34.8 %
Last update: May 2024June 2024
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