Cost of Living Comparison Between Paris and Madrid 

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Indices DifferenceInfo
Cost of Living in Madrid is 29.9% lower than in Paris (without rent)
Cost of Living Including Rent in Madrid is 25.8% lower than in Paris
Rent Prices in Madrid are 16.1% lower than in Paris
Restaurant Prices in Madrid are 22.6% lower than in Paris
Groceries Prices in Madrid are 36.5% lower than in Paris
Local Purchasing Power in Madrid is 1.1% 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 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) 4.08 € 2.41 €      -40.9 %
Coke/Pepsi (12 oz small bottle) 3.56 € 2.57 €      -27.8 %
Water (12 oz small bottle) 2.75 € 1.68 €      -39.0 %
Markets
Paris Edit Madrid Edit
Milk (regular), (1 gallon) 5.27 € 4.06 €      -23.0 %
Loaf of Fresh White Bread (1 lb) 1.68 € 1.38 €      -17.9 %
Rice (white), (1 lb) 1.07 € 0.68 €      -36.5 %
Eggs (regular) (12) 4.63 € 2.83 €      -38.8 %
Local Cheese (1 lb) 9.82 € 6.31 €      -35.7 %
Chicken Fillets (1 lb) 6.39 € 3.55 €      -44.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.05 € 6.49 €      -35.4 %
Apples (1 lb) 1.47 € 1.07 €      -27.5 %
Banana (1 lb) 1.00 € 0.85 €      -14.2 %
Oranges (1 lb) 1.55 € 0.91 €      -41.7 %
Tomato (1 lb) 1.73 € 1.01 €      -41.7 %
Potato (1 lb) 1.03 € 0.73 €      -29.1 %
Onion (1 lb) 1.07 € 0.72 €      -32.3 %
Lettuce (1 head) 1.55 € 1.19 €      -22.9 %
Water (1.5 liter bottle) 0.92 € 0.87 €      -5.9 %
Bottle of Wine (Mid-Range) 8.00 € 6.00 €      -25.0 %
Domestic Beer (0.5 liter bottle) 2.27 € 1.21 €      -47.0 %
Imported Beer (12 oz small bottle) 3.51 € 1.81 €      -48.4 %
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) 86.00 € 50.00 €      -41.9 %
Taxi Start (Normal Tariff) 7.00 € 3.50 €      -50.0 %
Taxi 1 mile (Normal Tariff) 3.16 € 2.09 €      -33.8 %
Taxi 1hour Waiting (Normal Tariff) 46.00 € 23.88 €      -48.1 %
Gasoline (1 gallon) 7.24 € 6.39 €      -11.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,500.00 € 33,365.00 €      +5.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,623.75 € 28,063.75 €      -8.4 %
Utilities (Monthly)
Paris Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 218.09 € 153.21 €      -29.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.90 € 14.76 €      -7.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.71 € 31.78 €      +3.5 %
Sports And Leisure
Paris Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 37.41 € 43.41 €      +16.0 %
Tennis Court Rent (1 Hour on Weekend) 17.49 € 12.77 €      -27.0 %
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 € 521.54 €      -29.9 %
International Primary School, Yearly for 1 Child 16,375.00 € 9,376.19 €      -42.7 %
Clothing And Shoes
Paris Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 95.43 € 86.91 €      -8.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.37 € 35.38 €      -14.5 %
1 Pair of Nike Running Shoes (Mid-Range) 104.14 € 89.57 €      -14.0 %
1 Pair of Men Leather Business Shoes 135.58 € 106.38 €      -21.5 %
Rent Per Month
Paris Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,316.18 € 1,348.94 €      +2.5 %
Apartment (1 bedroom) Outside of Centre 969.00 € 973.91 €      +0.5 %
Apartment (3 bedrooms) in City Centre 3,021.32 € 2,287.88 €      -24.3 %
Apartment (3 bedrooms) Outside of Centre 2,135.16 € 1,631.52 €      -23.6 %
Buy Apartment Price
Paris Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,085.20 € 517.44 €      -52.3 %
Price per Square Feet to Buy Apartment Outside of Centre 783.26 € 312.52 €      -60.1 %
Salaries And Financing
Paris Edit Madrid Edit
Average Monthly Net Salary (After Tax) 3,175.20 € 2,329.46 €      -26.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.49 3.29      -5.6 %
Last update: July 2024July 2024
Contributors in the past 12 months:440486