Cost of Living Comparison Between Santiago and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 19.3% higher than in Santiago (without rent)
Consumer Prices Including Rent in Madrid are 44.8% higher than in Santiago
Rent Prices in Madrid are 134.0% higher than in Santiago
Restaurant Prices in Madrid are 25.2% higher than in Santiago
Groceries Prices in Madrid are 9.8% higher than in Santiago
Local Purchasing Power in Madrid is 150.9% 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$
(9.81 €)
14,277.21 CL$
(14.00 €)
     +42.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 CL$
(49.03 €)
61,188.05 CL$
(60.00 €)
     +22.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 CL$
(7.84 €)
9,203.70 CL$
(9.03 €)
     +15.0 %
Domestic Beer (1 pint draught) 3,000.00 CL$
(2.94 €)
3,569.30 CL$
(3.50 €)
     +19.0 %
Imported Beer (12 oz small bottle) 4,000.00 CL$
(3.92 €)
3,773.26 CL$
(3.70 €)
     -5.7 %
Cappuccino (regular) 2,738.50 CL$
(2.69 €)
2,401.29 CL$
(2.35 €)
     -12.3 %
Coke/Pepsi (12 oz small bottle) 1,485.85 CL$
(1.46 €)
2,478.38 CL$
(2.43 €)
     +66.8 %
Water (12 oz small bottle) 1,207.02 CL$
(1.18 €)
1,606.84 CL$
(1.58 €)
     +33.1 %
Markets
Santiago Edit Madrid Edit
Milk (regular), (1 gallon) 4,483.36 CL$
(4.40 €)
4,101.40 CL$
(4.02 €)
     -8.5 %
Loaf of Fresh White Bread (1 lb) 1,360.10 CL$
(1.33 €)
1,355.18 CL$
(1.33 €)
     -0.4 %
Rice (white), (1 lb) 739.59 CL$
(0.73 €)
669.72 CL$
(0.66 €)
     -9.4 %
Eggs (regular) (12) 3,571.54 CL$
(3.50 €)
2,823.32 CL$
(2.77 €)
     -20.9 %
Local Cheese (1 lb) 4,714.05 CL$
(4.62 €)
5,877.53 CL$
(5.76 €)
     +24.7 %
Chicken Fillets (1 lb) 2,860.47 CL$
(2.80 €)
3,452.06 CL$
(3.39 €)
     +20.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,482.57 CL$
(5.38 €)
6,279.88 CL$
(6.16 €)
     +14.5 %
Apples (1 lb) 866.24 CL$
(0.85 €)
1,015.81 CL$
(1.00 €)
     +17.3 %
Banana (1 lb) 698.12 CL$
(0.68 €)
810.05 CL$
(0.79 €)
     +16.0 %
Oranges (1 lb) 762.07 CL$
(0.75 €)
817.51 CL$
(0.80 €)
     +7.3 %
Tomato (1 lb) 771.58 CL$
(0.76 €)
1,050.97 CL$
(1.03 €)
     +36.2 %
Potato (1 lb) 691.23 CL$
(0.68 €)
630.54 CL$
(0.62 €)
     -8.8 %
Onion (1 lb) 615.49 CL$
(0.60 €)
678.27 CL$
(0.67 €)
     +10.2 %
Lettuce (1 head) 1,055.17 CL$
(1.03 €)
1,219.98 CL$
(1.20 €)
     +15.6 %
Water (1.5 liter bottle) 1,139.03 CL$
(1.12 €)
886.21 CL$
(0.87 €)
     -22.2 %
Bottle of Wine (Mid-Range) 5,000.00 CL$
(4.90 €)
6,118.80 CL$
(6.00 €)
     +22.4 %
Domestic Beer (0.5 liter bottle) 1,330.71 CL$
(1.30 €)
1,167.41 CL$
(1.14 €)
     -12.3 %
Imported Beer (12 oz small bottle) 2,322.85 CL$
(2.28 €)
1,790.36 CL$
(1.76 €)
     -22.9 %
Cigarettes 20 Pack (Marlboro) 5,000.00 CL$
(4.90 €)
5,736.38 CL$
(5.62 €)
     +14.7 %
Transportation
Santiago Edit Madrid Edit
One-way Ticket (Local Transport) 800.00 CL$
(0.78 €)
1,529.70 CL$
(1.50 €)
     +91.2 %
Monthly Pass (Regular Price) 40,000.00 CL$
(39.22 €)
40,792.03 CL$
(40.00 €)
     +2.0 %
Taxi Start (Normal Tariff) 400.00 CL$
(0.39 €)
3,059.40 CL$
(3.00 €)
     +664.9 %
Taxi 1 mile (Normal Tariff) 2,212.85 CL$
(2.17 €)
1,969.45 CL$
(1.93 €)
     -11.0 %
Taxi 1hour Waiting (Normal Tariff) 9,000.00 CL$
(8.83 €)
22,435.62 CL$
(22.00 €)
     +149.3 %
Gasoline (1 gallon) 4,893.84 CL$
(4.80 €)
6,341.79 CL$
(6.22 €)
     +29.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000,000.00 CL$
(15,689.34 €)
34,025,652.97 CL$
(33,365.00 €)
     +112.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,530,434.78 CL$
(18,170.64 €)
28,166,629.13 CL$
(27,619.74 €)
     +52.0 %
Utilities (Monthly)
Santiago Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 143,850.17 CL$
(141.06 €)
145,141.76 CL$
(142.32 €)
     +0.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,924.29 CL$
(10.71 €)
14,549.16 CL$
(14.27 €)
     +33.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20,418.46 CL$
(20.02 €)
30,513.24 CL$
(29.92 €)
     +49.4 %
Sports And Leisure
Santiago Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 37,348.15 CL$
(36.62 €)
44,523.01 CL$
(43.66 €)
     +19.2 %
Tennis Court Rent (1 Hour on Weekend) 18,560.49 CL$
(18.20 €)
10,111.32 CL$
(9.91 €)
     -45.5 %
Cinema, International Release, 1 Seat 5,800.00 CL$
(5.69 €)
10,198.01 CL$
(10.00 €)
     +75.8 %
Childcare
Santiago Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 374,074.38 CL$
(366.81 €)
494,195.46 CL$
(484.60 €)
     +32.1 %
International Primary School, Yearly for 1 Child 6,089,296.05 CL$
(5,971.06 €)
9,080,862.38 CL$
(8,904.55 €)
     +49.1 %
Clothing And Shoes
Santiago Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 50,337.18 CL$
(49.36 €)
71,335.06 CL$
(69.95 €)
     +41.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29,704.29 CL$
(29.13 €)
29,229.42 CL$
(28.66 €)
     -1.6 %
1 Pair of Nike Running Shoes (Mid-Range) 68,595.60 CL$
(67.26 €)
78,323.07 CL$
(76.80 €)
     +14.2 %
1 Pair of Men Leather Business Shoes 73,179.26 CL$
(71.76 €)
86,930.29 CL$
(85.24 €)
     +18.8 %
Rent Per Month
Santiago Edit Madrid Edit
Apartment (1 bedroom) in City Centre 500,875.74 CL$
(491.15 €)
1,259,546.67 CL$
(1,235.09 €)
     +151.5 %
Apartment (1 bedroom) Outside of Centre 423,793.10 CL$
(415.56 €)
915,621.13 CL$
(897.84 €)
     +116.1 %
Apartment (3 bedrooms) in City Centre 854,855.67 CL$
(838.26 €)
2,194,425.86 CL$
(2,151.82 €)
     +156.7 %
Apartment (3 bedrooms) Outside of Centre 762,333.33 CL$
(747.53 €)
1,578,609.98 CL$
(1,547.96 €)
     +107.1 %
Buy Apartment Price
Santiago Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 212,336.96 CL$
(208.21 €)
441,197.22 CL$
(432.63 €)
     +107.8 %
Price per Square Feet to Buy Apartment Outside of Centre 227,158.34 CL$
(222.75 €)
249,582.87 CL$
(244.74 €)
     +9.9 %
Salaries And Financing
Santiago Edit Madrid Edit
Average Monthly Net Salary (After Tax) 662,076.68 CL$
(649.22 €)
2,405,676.74 CL$
(2,358.97 €)
     +263.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.28 2.61      -50.7 %
Last update: April 2024April 2024
Contributors in the past 12 months:179581