Cost of Living Comparison Between Santiago and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 19.4% higher than in Santiago (without rent)
Consumer Prices Including Rent in Madrid are 44.2% higher than in Santiago
Rent Prices in Madrid are 130.8% higher than in Santiago
Restaurant Prices in Madrid are 21.3% higher than in Santiago
Groceries Prices in Madrid are 10.8% higher than in Santiago
Local Purchasing Power in Madrid is 137.2% 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$
(10.25 €)
13,662.58 CL$
(14.00 €)
     +36.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 CL$
(51.23 €)
58,553.89 CL$
(60.00 €)
     +17.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 CL$
(8.20 €)
9,295.43 CL$
(9.53 €)
     +16.2 %
Domestic Beer (1 pint draught) 3,000.00 CL$
(3.07 €)
3,415.64 CL$
(3.50 €)
     +13.9 %
Imported Beer (12 oz small bottle) 4,000.00 CL$
(4.10 €)
3,903.59 CL$
(4.00 €)
     -2.4 %
Cappuccino (regular) 2,711.26 CL$
(2.78 €)
2,365.62 CL$
(2.42 €)
     -12.7 %
Coke/Pepsi (12 oz small bottle) 1,482.87 CL$
(1.52 €)
2,451.94 CL$
(2.51 €)
     +65.4 %
Water (12 oz small bottle) 1,194.85 CL$
(1.22 €)
1,626.50 CL$
(1.67 €)
     +36.1 %
Markets
Santiago Edit Madrid Edit
Milk (regular), (1 gallon) 4,475.43 CL$
(4.59 €)
3,906.82 CL$
(4.00 €)
     -12.7 %
Loaf of Fresh White Bread (1 lb) 1,356.41 CL$
(1.39 €)
1,366.23 CL$
(1.40 €)
     +0.7 %
Rice (white), (1 lb) 723.60 CL$
(0.74 €)
653.56 CL$
(0.67 €)
     -9.7 %
Eggs (regular) (12) 3,651.95 CL$
(3.74 €)
2,723.48 CL$
(2.79 €)
     -25.4 %
Local Cheese (1 lb) 4,640.79 CL$
(4.76 €)
6,166.08 CL$
(6.32 €)
     +32.9 %
Chicken Fillets (1 lb) 2,789.31 CL$
(2.86 €)
3,433.13 CL$
(3.52 €)
     +23.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,269.65 CL$
(5.40 €)
6,293.57 CL$
(6.45 €)
     +19.4 %
Apples (1 lb) 854.02 CL$
(0.88 €)
1,009.44 CL$
(1.03 €)
     +18.2 %
Banana (1 lb) 701.34 CL$
(0.72 €)
798.37 CL$
(0.82 €)
     +13.8 %
Oranges (1 lb) 760.17 CL$
(0.78 €)
844.22 CL$
(0.87 €)
     +11.1 %
Tomato (1 lb) 771.58 CL$
(0.79 €)
999.70 CL$
(1.02 €)
     +29.6 %
Potato (1 lb) 681.12 CL$
(0.70 €)
643.97 CL$
(0.66 €)
     -5.5 %
Onion (1 lb) 603.82 CL$
(0.62 €)
671.16 CL$
(0.69 €)
     +11.2 %
Lettuce (1 head) 1,053.33 CL$
(1.08 €)
1,178.58 CL$
(1.21 €)
     +11.9 %
Water (1.5 liter bottle) 1,129.30 CL$
(1.16 €)
865.92 CL$
(0.89 €)
     -23.3 %
Bottle of Wine (Mid-Range) 5,000.00 CL$
(5.12 €)
5,855.39 CL$
(6.00 €)
     +17.1 %
Domestic Beer (0.5 liter bottle) 1,315.25 CL$
(1.35 €)
1,181.52 CL$
(1.21 €)
     -10.2 %
Imported Beer (12 oz small bottle) 2,296.44 CL$
(2.35 €)
1,784.67 CL$
(1.83 €)
     -22.3 %
Cigarettes 20 Pack (Marlboro) 5,000.00 CL$
(5.12 €)
5,489.43 CL$
(5.62 €)
     +9.8 %
Transportation
Santiago Edit Madrid Edit
One-way Ticket (Local Transport) 800.00 CL$
(0.82 €)
1,463.85 CL$
(1.50 €)
     +83.0 %
Monthly Pass (Regular Price) 40,000.00 CL$
(40.99 €)
49,770.81 CL$
(51.00 €)
     +24.4 %
Taxi Start (Normal Tariff) 400.00 CL$
(0.41 €)
2,927.69 CL$
(3.00 €)
     +631.9 %
Taxi 1 mile (Normal Tariff) 2,212.85 CL$
(2.27 €)
2,041.72 CL$
(2.09 €)
     -7.7 %
Taxi 1hour Waiting (Normal Tariff) 9,000.00 CL$
(9.22 €)
21,469.76 CL$
(22.00 €)
     +138.6 %
Gasoline (1 gallon) 4,915.01 CL$
(5.04 €)
6,103.82 CL$
(6.25 €)
     +24.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000,000.00 CL$
(16,395.15 €)
32,560,844.65 CL$
(33,365.00 €)
     +103.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,690,909.09 CL$
(19,152.52 €)
26,954,052.47 CL$
(27,619.74 €)
     +44.2 %
Utilities (Monthly)
Santiago Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 140,518.54 CL$
(143.99 €)
144,082.26 CL$
(147.64 €)
     +2.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,796.00 CL$
(11.06 €)
14,965.69 CL$
(15.34 €)
     +38.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20,035.20 CL$
(20.53 €)
29,722.79 CL$
(30.46 €)
     +48.4 %
Sports And Leisure
Santiago Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 36,536.00 CL$
(37.44 €)
43,218.35 CL$
(44.29 €)
     +18.3 %
Tennis Court Rent (1 Hour on Weekend) 18,498.25 CL$
(18.96 €)
12,280.05 CL$
(12.58 €)
     -33.6 %
Cinema, International Release, 1 Seat 5,700.00 CL$
(5.84 €)
9,758.98 CL$
(10.00 €)
     +71.2 %
Childcare
Santiago Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 370,379.42 CL$
(379.53 €)
489,510.56 CL$
(501.60 €)
     +32.2 %
International Primary School, Yearly for 1 Child 6,265,093.16 CL$
(6,419.82 €)
8,992,205.18 CL$
(9,214.29 €)
     +43.5 %
Clothing And Shoes
Santiago Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 49,621.92 CL$
(50.85 €)
75,645.30 CL$
(77.51 €)
     +52.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29,717.73 CL$
(30.45 €)
30,797.91 CL$
(31.56 €)
     +3.6 %
1 Pair of Nike Running Shoes (Mid-Range) 68,265.00 CL$
(69.95 €)
78,803.78 CL$
(80.75 €)
     +15.4 %
1 Pair of Men Leather Business Shoes 72,033.60 CL$
(73.81 €)
90,051.85 CL$
(92.28 €)
     +25.0 %
Rent Per Month
Santiago Edit Madrid Edit
Apartment (1 bedroom) in City Centre 495,848.28 CL$
(508.09 €)
1,242,123.28 CL$
(1,272.80 €)
     +150.5 %
Apartment (1 bedroom) Outside of Centre 417,970.60 CL$
(428.29 €)
901,356.22 CL$
(923.62 €)
     +115.7 %
Apartment (3 bedrooms) in City Centre 862,951.00 CL$
(884.26 €)
2,134,289.44 CL$
(2,187.00 €)
     +147.3 %
Apartment (3 bedrooms) Outside of Centre 742,333.33 CL$
(760.67 €)
1,537,581.89 CL$
(1,575.56 €)
     +107.1 %
Buy Apartment Price
Santiago Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 212,336.96 CL$
(217.58 €)
422,498.09 CL$
(432.93 €)
     +99.0 %
Price per Square Feet to Buy Apartment Outside of Centre 226,334.88 CL$
(231.92 €)
246,118.10 CL$
(252.20 €)
     +8.7 %
Salaries And Financing
Santiago Edit Madrid Edit
Average Monthly Net Salary (After Tax) 658,218.45 CL$
(674.47 €)
2,250,843.73 CL$
(2,306.43 €)
     +242.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.28 2.80      -47.1 %
Last update: May 2024May 2024
Contributors in the past 12 months:185519