Cost of Living Comparison Between Paris and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 28.0% lower than in Paris (without rent)
Cost of Living Including Rent in Madrid is 24.7% lower than in Paris
Rent Prices in Madrid are 18.3% lower than in Paris
Restaurant Prices in Madrid are 23.2% lower than in Paris
Groceries Prices in Madrid are 36.4% lower than in Paris
Local Purchasing Power in Madrid is 3.0% lower than in Paris
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Paris Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 18.00 € 15.00 €      -16.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 € 60.00 €      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 € 10.00 €      -16.7 %
Domestic Beer (1 pint draught) 7.00 € 3.50 €      -50.0 %
Imported Beer (12 oz small bottle) 7.00 € 4.00 €      -42.9 %
Cappuccino (regular) 4.23 € 2.45 €      -42.1 %
Coke/Pepsi (12 oz small bottle) 3.54 € 2.59 €      -26.8 %
Water (12 oz small bottle) 2.77 € 1.67 €      -39.7 %
Markets
Paris Edit Madrid Edit
Milk (regular), (1 gallon) 5.32 € 4.02 €      -24.5 %
Loaf of Fresh White Bread (1 lb) 1.71 € 1.41 €      -17.4 %
Rice (white), (1 lb) 1.10 € 0.68 €      -38.5 %
Eggs (regular) (12) 4.60 € 2.79 €      -39.4 %
Local Cheese (1 lb) 9.46 € 6.53 €      -31.0 %
Chicken Fillets (1 lb) 6.56 € 3.56 €      -45.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.12 € 6.46 €      -36.2 %
Apples (1 lb) 1.48 € 1.06 €      -28.5 %
Banana (1 lb) 1.00 € 0.83 €      -16.4 %
Oranges (1 lb) 1.60 € 0.91 €      -43.3 %
Tomato (1 lb) 1.80 € 1.03 €      -42.6 %
Potato (1 lb) 1.01 € 0.71 €      -29.6 %
Onion (1 lb) 1.07 € 0.71 €      -34.0 %
Lettuce (1 head) 1.59 € 1.20 €      -24.6 %
Water (1.5 liter bottle) 0.95 € 0.85 €      -10.6 %
Bottle of Wine (Mid-Range) 8.00 € 6.50 €      -18.8 %
Domestic Beer (0.5 liter bottle) 2.29 € 1.22 €      -46.9 %
Imported Beer (12 oz small bottle) 3.50 € 1.84 €      -47.5 %
Cigarettes 20 Pack (Marlboro) 12.00 € 5.65 €      -52.9 %
Transportation
Paris Edit Madrid Edit
One-way Ticket (Local Transport) 2.15 € 1.50 €      -30.2 %
Monthly Pass (Regular Price) 85.00 € 50.00 €      -41.2 %
Taxi Start (Normal Tariff) 6.25 € 3.38 €      -46.0 %
Taxi 1 mile (Normal Tariff) 3.11 € 2.09 €      -32.6 %
Taxi 1hour Waiting (Normal Tariff) 46.00 € 23.75 €      -48.4 %
Gasoline (1 gallon) 7.23 € 6.34 €      -12.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,500.00 € 33,365.00 €      +9.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,623.75 € 27,882.89 €      -9.0 %
Utilities (Monthly)
Paris Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 235.05 € 153.51 €      -34.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.60 € 15.12 €      -3.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.28 € 31.05 €      +6.0 %
Sports And Leisure
Paris Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 38.03 € 43.34 €      +14.0 %
Tennis Court Rent (1 Hour on Weekend) 17.49 € 12.56 €      -28.2 %
Cinema, International Release, 1 Seat 13.00 € 10.00 €      -23.1 %
Childcare
Paris Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 743.89 € 515.77 €      -30.7 %
International Primary School, Yearly for 1 Child 16,375.00 € 9,119.05 €      -44.3 %
Clothing And Shoes
Paris Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 97.16 € 87.78 €      -9.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.42 € 36.13 €      -12.8 %
1 Pair of Nike Running Shoes (Mid-Range) 102.96 € 87.29 €      -15.2 %
1 Pair of Men Leather Business Shoes 141.32 € 104.23 €      -26.2 %
Rent Per Month
Paris Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,362.57 € 1,352.04 €      -0.8 %
Apartment (1 bedroom) Outside of Centre 996.15 € 966.67 €      -3.0 %
Apartment (3 bedrooms) in City Centre 3,117.50 € 2,332.71 €      -25.2 %
Apartment (3 bedrooms) Outside of Centre 2,269.00 € 1,673.49 €      -26.2 %
Buy Apartment Price
Paris Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,104.13 € 517.32 €      -53.1 %
Price per Square Feet to Buy Apartment Outside of Centre 816.43 € 311.15 €      -61.9 %
Salaries And Financing
Paris Edit Madrid Edit
Average Monthly Net Salary (After Tax) 2,916.77 € 2,129.26 €      -27.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 3.42      -9.8 %
Last update: June 2024June 2024
Contributors in the past 12 months:422485