Cost of Living Comparison Between Sydney and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 31.6% lower than in Sydney (without rent)
Consumer Prices Including Rent in Madrid are 35.3% lower than in Sydney
Rent Prices in Madrid are 41.1% lower than in Sydney
Restaurant Prices in Madrid are 18.1% lower than in Sydney
Groceries Prices in Madrid are 38.1% lower than in Sydney
Local Purchasing Power in Madrid is 0.2% higher than in Sydney
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Sydney Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 25.00 A$
(15.31 €)
22.86 A$
(14.00 €)
     -8.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 125.00 A$
(76.56 €)
97.96 A$
(60.00 €)
     -21.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$
(9.19 €)
14.69 A$
(9.00 €)
     -2.0 %
Domestic Beer (1 pint draught) 11.00 A$
(6.74 €)
5.71 A$
(3.50 €)
     -48.0 %
Imported Beer (12 oz small bottle) 12.00 A$
(7.35 €)
5.71 A$
(3.50 €)
     -52.4 %
Cappuccino (regular) 5.06 A$
(3.10 €)
3.88 A$
(2.38 €)
     -23.4 %
Coke/Pepsi (12 oz small bottle) 3.99 A$
(2.45 €)
3.94 A$
(2.41 €)
     -1.4 %
Water (12 oz small bottle) 3.22 A$
(1.97 €)
2.57 A$
(1.57 €)
     -20.1 %
Markets
Sydney Edit Madrid Edit
Milk (regular), (1 gallon) 8.94 A$
(5.47 €)
6.58 A$
(4.03 €)
     -26.4 %
Loaf of Fresh White Bread (1 lb) 3.91 A$
(2.39 €)
2.25 A$
(1.38 €)
     -42.5 %
Rice (white), (1 lb) 1.64 A$
(1.00 €)
1.08 A$
(0.66 €)
     -34.1 %
Eggs (regular) (12) 6.21 A$
(3.80 €)
4.54 A$
(2.78 €)
     -26.8 %
Local Cheese (1 lb) 8.31 A$
(5.09 €)
9.89 A$
(6.06 €)
     +19.0 %
Chicken Fillets (1 lb) 5.96 A$
(3.65 €)
5.65 A$
(3.46 €)
     -5.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.12 A$
(6.20 €)
10.33 A$
(6.33 €)
     +2.0 %
Apples (1 lb) 2.22 A$
(1.36 €)
1.67 A$
(1.03 €)
     -24.5 %
Banana (1 lb) 1.91 A$
(1.17 €)
1.34 A$
(0.82 €)
     -29.9 %
Oranges (1 lb) 2.11 A$
(1.29 €)
1.32 A$
(0.81 €)
     -37.7 %
Tomato (1 lb) 2.94 A$
(1.80 €)
1.69 A$
(1.03 €)
     -42.7 %
Potato (1 lb) 1.70 A$
(1.04 €)
1.05 A$
(0.64 €)
     -38.1 %
Onion (1 lb) 1.56 A$
(0.96 €)
1.12 A$
(0.69 €)
     -28.1 %
Lettuce (1 head) 3.40 A$
(2.08 €)
1.95 A$
(1.20 €)
     -42.5 %
Water (1.5 liter bottle) 2.34 A$
(1.43 €)
1.43 A$
(0.87 €)
     -39.0 %
Bottle of Wine (Mid-Range) 20.00 A$
(12.25 €)
9.80 A$
(6.00 €)
     -51.0 %
Domestic Beer (0.5 liter bottle) 7.17 A$
(4.39 €)
1.99 A$
(1.22 €)
     -72.3 %
Imported Beer (12 oz small bottle) 8.46 A$
(5.18 €)
2.87 A$
(1.76 €)
     -66.1 %
Cigarettes 20 Pack (Marlboro) 50.00 A$
(30.62 €)
9.22 A$
(5.65 €)
     -81.6 %
Transportation
Sydney Edit Madrid Edit
One-way Ticket (Local Transport) 5.00 A$
(3.06 €)
2.45 A$
(1.50 €)
     -51.0 %
Monthly Pass (Regular Price) 220.00 A$
(134.74 €)
65.31 A$
(40.00 €)
     -70.3 %
Taxi Start (Normal Tariff) 8.00 A$
(4.90 €)
4.90 A$
(3.00 €)
     -38.8 %
Taxi 1 mile (Normal Tariff) 7.24 A$
(4.44 €)
3.15 A$
(1.93 €)
     -56.5 %
Taxi 1hour Waiting (Normal Tariff) 90.00 A$
(55.12 €)
35.92 A$
(22.00 €)
     -60.1 %
Gasoline (1 gallon) 7.77 A$
(4.76 €)
10.17 A$
(6.23 €)
     +30.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 43,711.50 A$
(26,771.93 €)
54,476.24 A$
(33,365.00 €)
     +24.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,662.43 A$
(20,617.19 €)
45,095.74 A$
(27,619.74 €)
     +34.0 %
Utilities (Monthly)
Sydney Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 324.54 A$
(198.77 €)
231.35 A$
(141.69 €)
     -28.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.40 A$
(25.36 €)
22.91 A$
(14.03 €)
     -44.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 80.18 A$
(49.11 €)
48.81 A$
(29.90 €)
     -39.1 %
Sports And Leisure
Sydney Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 94.93 A$
(58.14 €)
71.92 A$
(44.05 €)
     -24.2 %
Tennis Court Rent (1 Hour on Weekend) 32.44 A$
(19.87 €)
16.72 A$
(10.24 €)
     -48.5 %
Cinema, International Release, 1 Seat 24.00 A$
(14.70 €)
16.33 A$
(10.00 €)
     -32.0 %
Childcare
Sydney Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,171.43 A$
(1,942.40 €)
804.29 A$
(492.60 €)
     -74.6 %
International Primary School, Yearly for 1 Child 25,662.50 A$
(15,717.48 €)
14,123.17 A$
(8,650.00 €)
     -45.0 %
Clothing And Shoes
Sydney Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 120.66 A$
(73.90 €)
112.68 A$
(69.01 €)
     -6.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 101.30 A$
(62.04 €)
45.78 A$
(28.04 €)
     -54.8 %
1 Pair of Nike Running Shoes (Mid-Range) 175.58 A$
(107.54 €)
124.36 A$
(76.17 €)
     -29.2 %
1 Pair of Men Leather Business Shoes 211.65 A$
(129.63 €)
134.61 A$
(82.44 €)
     -36.4 %
Rent Per Month
Sydney Edit Madrid Edit
Apartment (1 bedroom) in City Centre 3,341.45 A$
(2,046.53 €)
2,036.37 A$
(1,247.21 €)
     -39.1 %
Apartment (1 bedroom) Outside of Centre 2,346.73 A$
(1,437.30 €)
1,472.13 A$
(901.63 €)
     -37.3 %
Apartment (3 bedrooms) in City Centre 6,580.79 A$
(4,030.53 €)
3,499.39 A$
(2,143.27 €)
     -46.8 %
Apartment (3 bedrooms) Outside of Centre 3,867.23 A$
(2,368.56 €)
2,501.21 A$
(1,531.91 €)
     -35.3 %
Buy Apartment Price
Sydney Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 2,326.76 A$
(1,425.07 €)
682.98 A$
(418.31 €)
     -70.6 %
Price per Square Feet to Buy Apartment Outside of Centre 1,471.99 A$
(901.55 €)
389.26 A$
(238.41 €)
     -73.6 %
Salaries And Financing
Sydney Edit Madrid Edit
Average Monthly Net Salary (After Tax) 6,111.80 A$
(3,743.29 €)
3,965.08 A$
(2,428.49 €)
     -35.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.42 2.54      -60.5 %
Last update: May 2024May 2024
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