Cost of Living Comparison Between Gent and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 18.8% lower than in Gent (without rent)
Consumer Prices Including Rent in Madrid are 4.5% lower than in Gent
Rent Prices in Madrid are 41.8% higher than in Gent
Restaurant Prices in Madrid are 25.7% lower than in Gent
Groceries Prices in Madrid are 16.0% lower than in Gent
Local Purchasing Power in Madrid is 5.4% lower than in Gent
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Gent Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 18.00 € 14.00 €      -22.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.38 € 9.00 €      -4.0 %
Domestic Beer (1 pint draught) 4.50 € 3.48 €      -22.8 %
Imported Beer (12 oz small bottle) 4.00 € 3.50 €      -12.5 %
Cappuccino (regular) 3.25 € 2.34 €      -28.1 %
Coke/Pepsi (12 oz small bottle) 2.86 € 2.40 €      -16.2 %
Water (12 oz small bottle) 2.53 € 1.55 €      -38.8 %
Markets
Gent Edit Madrid Edit
Milk (regular), (1 gallon) 4.04 € 4.03 €      -0.3 %
Loaf of Fresh White Bread (1 lb) 1.96 € 1.32 €      -32.4 %
Rice (white), (1 lb) 0.88 € 0.66 €      -25.7 %
Eggs (regular) (12) 3.23 € 2.78 €      -14.0 %
Local Cheese (1 lb) 6.62 € 5.86 €      -11.4 %
Chicken Fillets (1 lb) 4.42 € 3.42 €      -22.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.75 € 6.16 €      -8.7 %
Apples (1 lb) 1.14 € 1.01 €      -11.6 %
Banana (1 lb) 0.78 € 0.80 €      +3.1 %
Oranges (1 lb) 1.20 € 0.81 €      -32.1 %
Tomato (1 lb) 1.27 € 1.04 €      -18.6 %
Potato (1 lb) 0.65 € 0.62 €      -3.3 %
Onion (1 lb) 0.70 € 0.67 €      -4.3 %
Lettuce (1 head) 1.19 € 1.21 €      +1.5 %
Water (1.5 liter bottle) 0.75 € 0.88 €      +17.6 %
Bottle of Wine (Mid-Range) 7.00 € 6.00 €      -14.3 %
Domestic Beer (0.5 liter bottle) 1.59 € 1.14 €      -28.0 %
Imported Beer (12 oz small bottle) 2.21 € 1.80 €      -18.3 %
Cigarettes 20 Pack (Marlboro) 8.25 € 5.62 €      -31.8 %
Transportation
Gent Edit Madrid Edit
One-way Ticket (Local Transport) 2.50 € 1.50 €      -40.0 %
Monthly Pass (Regular Price) 50.00 € 40.00 €      -20.0 %
Taxi Start (Normal Tariff) 9.50 € 3.00 €      -68.4 %
Taxi 1 mile (Normal Tariff) 4.18 € 1.93 €      -53.8 %
Taxi 1hour Waiting (Normal Tariff) 46.00 € 22.00 €      -52.2 %
Gasoline (1 gallon) 6.60 € 6.22 €      -5.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,695.00 € 33,365.00 €      +35.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,891.25 € 27,619.74 €      +11.0 %
Utilities (Monthly)
Gent Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 185.94 € 138.91 €      -25.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 19.44 € 13.73 €      -29.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 46.44 € 29.56 €      -36.4 %
Sports And Leisure
Gent Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 32.62 € 43.33 €      +32.8 %
Tennis Court Rent (1 Hour on Weekend) 13.75 € 9.80 €      -28.7 %
Cinema, International Release, 1 Seat 12.75 € 10.00 €      -21.6 %
Childcare
Gent Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 533.33 € 489.04 €      -8.3 %
International Primary School, Yearly for 1 Child 24,250.00 € 9,061.90 €      -62.6 %
Clothing And Shoes
Gent Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.00 € 67.13 €      -24.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.57 € 27.32 €      -37.3 %
1 Pair of Nike Running Shoes (Mid-Range) 90.00 € 74.79 €      -16.9 %
1 Pair of Men Leather Business Shoes 117.50 € 81.70 €      -30.5 %
Rent Per Month
Gent Edit Madrid Edit
Apartment (1 bedroom) in City Centre 867.00 € 1,190.88 €      +37.4 %
Apartment (1 bedroom) Outside of Centre 728.57 € 868.24 €      +19.2 %
Apartment (3 bedrooms) in City Centre 1,328.57 € 2,077.19 €      +56.3 %
Apartment (3 bedrooms) Outside of Centre 1,041.43 € 1,487.21 €      +42.8 %
Buy Apartment Price
Gent Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 359.89 € 411.50 €      +14.3 %
Price per Square Feet to Buy Apartment Outside of Centre 288.28 € 236.31 €      -18.0 %
Salaries And Financing
Gent Edit Madrid Edit
Average Monthly Net Salary (After Tax) 2,739.12 € 2,475.10 €      -9.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.83 2.48      -35.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:45581