Cost of Living Comparison Between Toronto and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 24.5% lower than in Toronto (without rent) | |
| Consumer Prices Including Rent in Madrid are 27.7% lower than in Toronto | |
| Rent Prices in Madrid are 32.9% lower than in Toronto | |
| Restaurant Prices in Madrid are 22.4% lower than in Toronto | |
| Groceries Prices in Madrid are 31.0% lower than in Toronto | |
| Local Purchasing Power in Madrid is 3.6% higher than in Toronto | |
Restaurants | Toronto Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (16.98 €) |
20.61 C$ (14.00 €) |
-17.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (81.51 €) |
88.33 C$ (60.00 €) |
-26.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.19 €) |
14.02 C$ (9.53 €) |
-6.5 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.43 €) |
5.15 C$ (3.50 €) |
-35.6 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (6.79 €) |
5.15 C$ (3.50 €) |
-48.5 % |
| Cappuccino (regular) |
5.44 C$ (3.69 €) |
3.51 C$ (2.39 €) |
-35.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.90 C$ (1.97 €) |
3.59 C$ (2.44 €) |
+23.7 % |
| Water (12 oz small bottle) |
2.23 C$ (1.51 €) |
2.34 C$ (1.59 €) |
+5.1 % |
Markets | Toronto Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
15.98 C$ (10.85 €) |
5.91 C$ (4.02 €) |
-63.0 % |
| Loaf of Fresh White Bread (1 lb) |
3.45 C$ (2.34 €) |
2.03 C$ (1.38 €) |
-41.2 % |
| Rice (white), (1 lb) |
2.16 C$ (1.47 €) |
0.97 C$ (0.66 €) |
-55.0 % |
| Eggs (regular) (12) |
4.82 C$ (3.27 €) |
4.08 C$ (2.77 €) |
-15.2 % |
| Local Cheese (1 lb) |
7.02 C$ (4.77 €) |
8.92 C$ (6.06 €) |
+27.0 % |
| Chicken Fillets (1 lb) |
7.80 C$ (5.30 €) |
5.10 C$ (3.46 €) |
-34.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.83 C$ (6.00 €) |
9.31 C$ (6.33 €) |
+5.5 % |
| Apples (1 lb) |
2.45 C$ (1.66 €) |
1.50 C$ (1.02 €) |
-38.6 % |
| Banana (1 lb) |
0.94 C$ (0.64 €) |
1.21 C$ (0.82 €) |
+28.2 % |
| Oranges (1 lb) |
2.50 C$ (1.70 €) |
1.18 C$ (0.80 €) |
-52.9 % |
| Tomato (1 lb) |
2.29 C$ (1.56 €) |
1.53 C$ (1.04 €) |
-33.3 % |
| Potato (1 lb) |
1.64 C$ (1.12 €) |
0.95 C$ (0.64 €) |
-42.5 % |
| Onion (1 lb) |
1.74 C$ (1.18 €) |
1.01 C$ (0.69 €) |
-41.9 % |
| Lettuce (1 head) |
3.15 C$ (2.14 €) |
1.76 C$ (1.20 €) |
-44.1 % |
| Water (1.5 liter bottle) |
2.49 C$ (1.69 €) |
1.29 C$ (0.87 €) |
-48.4 % |
| Bottle of Wine (Mid-Range) |
19.00 C$ (12.91 €) |
8.83 C$ (6.00 €) |
-53.5 % |
| Domestic Beer (0.5 liter bottle) |
3.45 C$ (2.34 €) |
1.79 C$ (1.22 €) |
-48.0 % |
| Imported Beer (12 oz small bottle) |
3.82 C$ (2.59 €) |
2.58 C$ (1.76 €) |
-32.3 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (13.59 €) |
8.32 C$ (5.65 €) |
-58.4 % |
Transportation | Toronto Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.28 €) |
2.21 C$ (1.50 €) |
-34.1 % |
| Monthly Pass (Regular Price) |
156.00 C$ (105.96 €) |
58.89 C$ (40.00 €) |
-62.3 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.40 €) |
4.42 C$ (3.00 €) |
-11.7 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (1.91 €) |
2.84 C$ (1.93 €) |
+1.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (21.06 €) |
32.39 C$ (22.00 €) |
+4.5 % |
| Gasoline (1 gallon) |
6.13 C$ (4.16 €) |
9.17 C$ (6.23 €) |
+49.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,350.00 C$ (23,332.57 €) |
49,119.65 C$ (33,365.00 €) |
+43.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
30,793.75 C$ (20,916.95 €) |
40,661.52 C$ (27,619.74 €) |
+32.0 % |
Utilities (Monthly) | Toronto Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
160.45 C$ (108.98 €) |
209.40 C$ (142.24 €) |
+30.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
63.72 C$ (43.28 €) |
20.44 C$ (13.88 €) |
-67.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
73.55 C$ (49.96 €) |
43.81 C$ (29.76 €) |
-40.4 % |
Sports And Leisure | Toronto Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
71.93 C$ (48.86 €) |
64.15 C$ (43.57 €) |
-10.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
29.11 C$ (19.77 €) |
14.60 C$ (9.91 €) |
-49.9 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (12.23 €) |
14.72 C$ (10.00 €) |
-18.2 % |
Childcare | Toronto Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,563.31 C$ (1,061.89 €) |
724.20 C$ (491.92 €) |
-53.7 % |
| International Primary School, Yearly for 1 Child |
24,966.43 C$ (16,958.69 €) |
12,751.98 C$ (8,661.90 €) |
-48.9 % |
Clothing And Shoes | Toronto Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.88 C$ (56.30 €) |
101.21 C$ (68.75 €) |
+22.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.74 C$ (34.47 €) |
41.67 C$ (28.30 €) |
-17.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
139.49 C$ (94.75 €) |
112.34 C$ (76.31 €) |
-19.5 % |
| 1 Pair of Men Leather Business Shoes |
166.74 C$ (113.26 €) |
124.29 C$ (84.43 €) |
-25.5 % |
Rent Per Month | Toronto Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,530.07 C$ (1,718.57 €) |
1,853.12 C$ (1,258.75 €) |
-26.8 % |
| Apartment (1 bedroom) Outside of Centre |
2,228.87 C$ (1,513.98 €) |
1,333.56 C$ (905.83 €) |
-40.2 % |
| Apartment (3 bedrooms) in City Centre |
4,485.25 C$ (3,046.65 €) |
3,172.29 C$ (2,154.81 €) |
-29.3 % |
| Apartment (3 bedrooms) Outside of Centre |
3,651.64 C$ (2,480.41 €) |
2,288.30 C$ (1,554.35 €) |
-37.3 % |
Buy Apartment Price | Toronto Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,303.09 C$ (885.14 €) |
621.23 C$ (421.98 €) |
-52.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,019.91 C$ (692.78 €) |
350.99 C$ (238.41 €) |
-65.6 % |
Salaries And Financing | Toronto Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
4,719.21 C$ (3,205.57 €) |
3,532.54 C$ (2,399.51 €) |
-25.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 | 2.53 | -61.3 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 755 | 530 |
Moving to Toronto? Explore:
Moving to Madrid? Explore:
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |
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 |