Cost of Living Comparison Between Paris and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 27.2% lower than in Paris (without rent)
Cost of Living Including Rent in Madrid is 25.1% lower than in Paris
Rent Prices in Madrid are 21.0% lower than in Paris
Restaurant Prices in Madrid are 21.3% lower than in Paris
Groceries Prices in Madrid are 36.2% lower than in Paris
Local Purchasing Power in Madrid is 0.8% higher 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 70.00 € 60.00 €      -14.3 %
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) 4.14 € 2.41 €      -41.7 %
Coke/Pepsi (12 oz small bottle) 3.33 € 2.52 €      -24.2 %
Water (12 oz small bottle) 2.74 € 1.66 €      -39.4 %
Markets
Paris Edit Madrid Edit
Milk (regular), (1 gallon) 5.41 € 4.00 €      -26.0 %
Loaf of Fresh White Bread (1 lb) 1.62 € 1.40 €      -13.6 %
Rice (white), (1 lb) 1.09 € 0.66 €      -39.2 %
Eggs (regular) (12) 4.34 € 2.81 €      -35.2 %
Local Cheese (1 lb) 9.77 € 6.51 €      -33.3 %
Chicken Fillets (1 lb) 6.51 € 3.54 €      -45.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.92 € 6.47 €      -34.8 %
Apples (1 lb) 1.41 € 1.05 €      -25.6 %
Banana (1 lb) 1.01 € 0.83 €      -17.7 %
Oranges (1 lb) 1.54 € 0.88 €      -42.6 %
Tomato (1 lb) 1.76 € 1.02 €      -42.0 %
Potato (1 lb) 1.01 € 0.68 €      -32.6 %
Onion (1 lb) 1.08 € 0.70 €      -35.2 %
Lettuce (1 head) 1.62 € 1.19 €      -26.2 %
Water (1.5 liter bottle) 0.92 € 0.89 €      -3.1 %
Bottle of Wine (Mid-Range) 8.00 € 6.00 €      -25.0 %
Domestic Beer (0.5 liter bottle) 2.33 € 1.22 €      -47.6 %
Imported Beer (12 oz small bottle) 3.48 € 1.90 €      -45.5 %
Cigarettes 20 Pack (Marlboro) 12.00 € 5.62 €      -53.1 %
Transportation
Paris Edit Madrid Edit
One-way Ticket (Local Transport) 2.15 € 1.50 €      -30.2 %
Monthly Pass (Regular Price) 85.00 € 52.00 €      -38.8 %
Taxi Start (Normal Tariff) 6.38 € 3.12 €      -51.0 %
Taxi 1 mile (Normal Tariff) 3.11 € 2.09 €      -32.6 %
Taxi 1hour Waiting (Normal Tariff) 46.00 € 22.25 €      -51.6 %
Gasoline (1 gallon) 7.16 € 6.26 €      -12.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 € 33,365.00 €      +11.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,332.22 € 27,619.74 €      -8.9 %
Utilities (Monthly)
Paris Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 203.35 € 142.88 €      -29.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.92 € 15.14 €      +1.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.18 € 30.74 €      +5.3 %
Sports And Leisure
Paris Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 38.26 € 44.88 €      +17.3 %
Tennis Court Rent (1 Hour on Weekend) 16.86 € 12.75 €      -24.4 %
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 766.11 € 501.60 €      -34.5 %
International Primary School, Yearly for 1 Child 15,222.22 € 9,214.29 €      -39.5 %
Clothing And Shoes
Paris Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 93.45 € 78.56 €      -15.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.60 € 31.97 €      -21.3 %
1 Pair of Nike Running Shoes (Mid-Range) 99.69 € 80.78 €      -19.0 %
1 Pair of Men Leather Business Shoes 140.52 € 92.28 €      -34.3 %
Rent Per Month
Paris Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,337.28 € 1,289.22 €      -3.6 %
Apartment (1 bedroom) Outside of Centre 984.62 € 926.60 €      -5.9 %
Apartment (3 bedrooms) in City Centre 3,093.97 € 2,239.00 €      -27.6 %
Apartment (3 bedrooms) Outside of Centre 2,252.78 € 1,602.22 €      -28.9 %
Buy Apartment Price
Paris Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,072.09 € 453.59 €      -57.7 %
Price per Square Feet to Buy Apartment Outside of Centre 782.99 € 257.21 €      -67.1 %
Salaries And Financing
Paris Edit Madrid Edit
Average Monthly Net Salary (After Tax) 2,981.41 € 2,250.98 €      -24.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.72 2.86      -23.2 %
Last update: May 2024May 2024
Contributors in the past 12 months:412524