Cost of Living Comparison Between Montreal and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 19.4% lower than in Montreal (without rent) | |
| Consumer Prices Including Rent in Madrid are 12.9% lower than in Montreal | |
| Rent Prices in Madrid are 2.4% higher than in Montreal | |
| Restaurant Prices in Madrid are 22.5% lower than in Montreal | |
| Groceries Prices in Madrid are 29.3% lower than in Montreal | |
| Local Purchasing Power in Madrid is 10.3% higher than in Montreal | |
Restaurants | Montreal Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (17.09 €) |
20.48 C$ (14.00 €) |
-18.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (82.02 €) |
87.78 C$ (60.00 €) |
-26.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.25 €) |
13.17 C$ (9.00 €) |
-12.2 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.47 €) |
5.08 C$ (3.48 €) |
-36.4 % |
| Imported Beer (12 oz small bottle) |
8.00 C$ (5.47 €) |
5.12 C$ (3.50 €) |
-36.0 % |
| Cappuccino (regular) |
5.23 C$ (3.57 €) |
3.42 C$ (2.34 €) |
-34.6 % |
| Coke/Pepsi (12 oz small bottle) |
2.81 C$ (1.92 €) |
3.51 C$ (2.40 €) |
+24.9 % |
| Water (12 oz small bottle) |
2.07 C$ (1.41 €) |
2.27 C$ (1.55 €) |
+9.7 % |
Markets | Montreal Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
10.83 C$ (7.40 €) |
5.91 C$ (4.04 €) |
-45.4 % |
| Loaf of Fresh White Bread (1 lb) |
3.90 C$ (2.66 €) |
1.94 C$ (1.32 €) |
-50.4 % |
| Rice (white), (1 lb) |
2.06 C$ (1.41 €) |
0.94 C$ (0.64 €) |
-54.4 % |
| Eggs (regular) (12) |
4.55 C$ (3.11 €) |
4.07 C$ (2.78 €) |
-10.6 % |
| Local Cheese (1 lb) |
7.50 C$ (5.13 €) |
8.58 C$ (5.86 €) |
+14.3 % |
| Chicken Fillets (1 lb) |
7.52 C$ (5.14 €) |
5.00 C$ (3.42 €) |
-33.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.89 C$ (6.08 €) |
9.01 C$ (6.16 €) |
+1.3 % |
| Apples (1 lb) |
2.21 C$ (1.51 €) |
1.47 C$ (1.01 €) |
-33.5 % |
| Banana (1 lb) |
0.92 C$ (0.63 €) |
1.17 C$ (0.80 €) |
+27.3 % |
| Oranges (1 lb) |
2.41 C$ (1.65 €) |
1.19 C$ (0.81 €) |
-50.7 % |
| Tomato (1 lb) |
2.79 C$ (1.91 €) |
1.52 C$ (1.04 €) |
-45.6 % |
| Potato (1 lb) |
1.30 C$ (0.89 €) |
0.91 C$ (0.62 €) |
-29.8 % |
| Onion (1 lb) |
1.48 C$ (1.01 €) |
0.99 C$ (0.67 €) |
-33.3 % |
| Lettuce (1 head) |
3.39 C$ (2.32 €) |
1.77 C$ (1.21 €) |
-47.9 % |
| Water (1.5 liter bottle) |
2.35 C$ (1.61 €) |
1.26 C$ (0.86 €) |
-46.2 % |
| Bottle of Wine (Mid-Range) |
20.00 C$ (13.67 €) |
8.78 C$ (6.00 €) |
-56.1 % |
| Domestic Beer (0.5 liter bottle) |
4.54 C$ (3.10 €) |
1.67 C$ (1.14 €) |
-63.1 % |
| Imported Beer (12 oz small bottle) |
4.48 C$ (3.06 €) |
2.64 C$ (1.80 €) |
-41.1 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 C$ (10.25 €) |
8.23 C$ (5.62 €) |
-45.1 % |
Transportation | Montreal Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
3.75 C$ (2.56 €) |
2.19 C$ (1.50 €) |
-41.5 % |
| Monthly Pass (Regular Price) |
97.00 C$ (66.30 €) |
58.52 C$ (40.00 €) |
-39.7 % |
| Taxi Start (Normal Tariff) |
4.55 C$ (3.11 €) |
4.39 C$ (3.00 €) |
-3.5 % |
| Taxi 1 mile (Normal Tariff) |
3.22 C$ (2.20 €) |
2.83 C$ (1.93 €) |
-12.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
53.10 C$ (36.29 €) |
32.19 C$ (22.00 €) |
-39.4 % |
| Gasoline (1 gallon) |
6.50 C$ (4.44 €) |
9.10 C$ (6.22 €) |
+40.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (23,223.73 €) |
48,815.41 C$ (33,365.00 €) |
+43.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,677.92 C$ (18,917.67 €) |
40,409.67 C$ (27,619.74 €) |
+46.0 % |
Utilities (Monthly) | Montreal Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
109.61 C$ (74.92 €) |
203.23 C$ (138.91 €) |
+85.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
53.18 C$ (36.35 €) |
20.24 C$ (13.83 €) |
-61.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
61.59 C$ (42.09 €) |
43.25 C$ (29.56 €) |
-29.8 % |
Sports And Leisure | Montreal Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.35 C$ (30.31 €) |
63.88 C$ (43.66 €) |
+44.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
22.50 C$ (15.38 €) |
14.35 C$ (9.80 €) |
-36.2 % |
| Cinema, International Release, 1 Seat |
15.00 C$ (10.25 €) |
14.63 C$ (10.00 €) |
-2.5 % |
Childcare | Montreal Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
930.71 C$ (636.14 €) |
715.50 C$ (489.04 €) |
-23.1 % |
| International Primary School, Yearly for 1 Child |
9,369.23 C$ (6,403.81 €) |
13,258.22 C$ (9,061.90 €) |
+41.5 % |
Clothing And Shoes | Montreal Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
86.92 C$ (59.41 €) |
98.21 C$ (67.13 €) |
+13.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
64.67 C$ (44.20 €) |
39.97 C$ (27.32 €) |
-38.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
119.17 C$ (81.45 €) |
109.42 C$ (74.79 €) |
-8.2 % |
| 1 Pair of Men Leather Business Shoes |
145.12 C$ (99.19 €) |
119.53 C$ (81.70 €) |
-17.6 % |
Rent Per Month | Montreal Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
1,674.91 C$ (1,144.79 €) |
1,749.94 C$ (1,196.07 €) |
+4.5 % |
| Apartment (1 bedroom) Outside of Centre |
1,319.02 C$ (901.54 €) |
1,276.32 C$ (872.36 €) |
-3.2 % |
| Apartment (3 bedrooms) in City Centre |
2,950.00 C$ (2,016.30 €) |
3,059.39 C$ (2,091.07 €) |
+3.7 % |
| Apartment (3 bedrooms) Outside of Centre |
2,124.87 C$ (1,452.33 €) |
2,175.30 C$ (1,486.80 €) |
+2.4 % |
Buy Apartment Price | Montreal Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
951.88 C$ (650.60 €) |
606.91 C$ (414.82 €) |
-36.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
543.74 C$ (371.64 €) |
347.24 C$ (237.34 €) |
-36.1 % |
Salaries And Financing | Montreal Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,738.21 C$ (2,555.04 €) |
3,592.88 C$ (2,455.71 €) |
-3.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.36 | 2.50 | -60.7 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 422 | 578 |
Moving to Montreal? Explore:
Moving to Madrid? Explore:
Cities near Montreal: | Cost of Living in Longueuil | 8.36 miles |
| Cost of Living in Sainte-Martine | 25.85 miles |
| Cost of Living in Sherbrooke | 99.30 miles |
| Cost of Living in Gatineau | 112.36 miles |
| Cost of Living in Ottawa | 119.48 miles |
| Cost of Living in Quebec City | 157.18 miles |
| Cost of Living in Kingston | 176.74 miles |
| Cost of Living in Belleville | 220.82 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 |