Cost of Living Comparison Between Tel Aviv-Yafo and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 23.9% lower than in Tel Aviv-Yafo (without rent) | |
| Consumer Prices Including Rent in Madrid are 22.8% lower than in Tel Aviv-Yafo | |
| Rent Prices in Madrid are 20.6% lower than in Tel Aviv-Yafo | |
| Restaurant Prices in Madrid are 31.7% lower than in Tel Aviv-Yafo | |
| Groceries Prices in Madrid are 22.9% lower than in Tel Aviv-Yafo | |
| Local Purchasing Power in Madrid is 4.1% higher than in Tel Aviv-Yafo | |
Restaurants | Tel Aviv-Yafo Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
75.00 ₪ (18.76 €) |
55.96 ₪ (14.00 €) |
-25.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
355.00 ₪ (88.81 €) |
239.84 ₪ (60.00 €) |
-32.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
60.00 ₪ (15.01 €) |
38.08 ₪ (9.53 €) |
-36.5 % |
| Domestic Beer (1 pint draught) |
33.00 ₪ (8.26 €) |
13.99 ₪ (3.50 €) |
-57.6 % |
| Imported Beer (12 oz small bottle) |
30.50 ₪ (7.63 €) |
15.99 ₪ (4.00 €) |
-47.6 % |
| Cappuccino (regular) |
14.84 ₪ (3.71 €) |
9.69 ₪ (2.42 €) |
-34.7 % |
| Coke/Pepsi (12 oz small bottle) |
10.13 ₪ (2.53 €) |
10.04 ₪ (2.51 €) |
-0.8 % |
| Water (12 oz small bottle) |
8.79 ₪ (2.20 €) |
6.66 ₪ (1.67 €) |
-24.2 % |
Markets | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
25.87 ₪ (6.47 €) |
16.00 ₪ (4.00 €) |
-38.1 % |
| Loaf of Fresh White Bread (1 lb) |
8.61 ₪ (2.15 €) |
5.60 ₪ (1.40 €) |
-35.0 % |
| Rice (white), (1 lb) |
5.01 ₪ (1.25 €) |
2.68 ₪ (0.67 €) |
-46.5 % |
| Eggs (regular) (12) |
14.52 ₪ (3.63 €) |
11.16 ₪ (2.79 €) |
-23.2 % |
| Local Cheese (1 lb) |
22.83 ₪ (5.71 €) |
25.26 ₪ (6.32 €) |
+10.6 % |
| Chicken Fillets (1 lb) |
20.11 ₪ (5.03 €) |
14.06 ₪ (3.52 €) |
-30.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
34.07 ₪ (8.52 €) |
25.78 ₪ (6.45 €) |
-24.3 % |
| Apples (1 lb) |
5.99 ₪ (1.50 €) |
4.13 ₪ (1.03 €) |
-31.0 % |
| Banana (1 lb) |
3.76 ₪ (0.94 €) |
3.27 ₪ (0.82 €) |
-13.1 % |
| Oranges (1 lb) |
3.15 ₪ (0.79 €) |
3.46 ₪ (0.87 €) |
+9.8 % |
| Tomato (1 lb) |
3.58 ₪ (0.90 €) |
4.09 ₪ (1.02 €) |
+14.2 % |
| Potato (1 lb) |
2.59 ₪ (0.65 €) |
2.64 ₪ (0.66 €) |
+2.0 % |
| Onion (1 lb) |
2.56 ₪ (0.64 €) |
2.75 ₪ (0.69 €) |
+7.5 % |
| Lettuce (1 head) |
7.54 ₪ (1.89 €) |
4.83 ₪ (1.21 €) |
-36.0 % |
| Water (1.5 liter bottle) |
4.65 ₪ (1.16 €) |
3.55 ₪ (0.89 €) |
-23.8 % |
| Bottle of Wine (Mid-Range) |
50.00 ₪ (12.51 €) |
23.98 ₪ (6.00 €) |
-52.0 % |
| Domestic Beer (0.5 liter bottle) |
10.06 ₪ (2.52 €) |
4.84 ₪ (1.21 €) |
-51.9 % |
| Imported Beer (12 oz small bottle) |
12.21 ₪ (3.06 €) |
7.31 ₪ (1.83 €) |
-40.1 % |
| Cigarettes 20 Pack (Marlboro) |
38.00 ₪ (9.51 €) |
22.49 ₪ (5.62 €) |
-40.8 % |
Transportation | Tel Aviv-Yafo Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
6.00 ₪ (1.50 €) |
6.00 ₪ (1.50 €) |
-0.1 % |
| Monthly Pass (Regular Price) |
230.00 ₪ (57.54 €) |
203.87 ₪ (51.00 €) |
-11.4 % |
| Taxi Start (Normal Tariff) |
14.00 ₪ (3.50 €) |
11.99 ₪ (3.00 €) |
-14.3 % |
| Taxi 1 mile (Normal Tariff) |
6.04 ₪ (1.51 €) |
8.36 ₪ (2.09 €) |
+38.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
115.80 ₪ (28.97 €) |
87.94 ₪ (22.00 €) |
-24.1 % |
| Gasoline (1 gallon) |
27.03 ₪ (6.76 €) |
25.00 ₪ (6.25 €) |
-7.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
150,000.00 ₪ (37,524.31 €) |
133,373.53 ₪ (33,365.00 €) |
-11.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
150,297.43 ₪ (37,598.72 €) |
110,407.37 ₪ (27,619.74 €) |
-26.5 % |
Utilities (Monthly) | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
924.98 ₪ (231.39 €) |
590.18 ₪ (147.64 €) |
-36.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
38.81 ₪ (9.71 €) |
61.30 ₪ (15.34 €) |
+58.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
105.82 ₪ (26.47 €) |
121.75 ₪ (30.46 €) |
+15.0 % |
Sports And Leisure | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
285.52 ₪ (71.43 €) |
177.03 ₪ (44.29 €) |
-38.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
70.00 ₪ (17.51 €) |
50.30 ₪ (12.58 €) |
-28.1 % |
| Cinema, International Release, 1 Seat |
45.00 ₪ (11.26 €) |
39.97 ₪ (10.00 €) |
-11.2 % |
Childcare | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
4,317.39 ₪ (1,080.05 €) |
2,005.10 ₪ (501.60 €) |
-53.6 % |
| International Primary School, Yearly for 1 Child |
81,000.00 ₪ (20,263.13 €) |
36,833.26 ₪ (9,214.29 €) |
-54.5 % |
Clothing And Shoes | Tel Aviv-Yafo Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
390.00 ₪ (97.56 €) |
309.85 ₪ (77.51 €) |
-20.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
224.96 ₪ (56.28 €) |
126.15 ₪ (31.56 €) |
-43.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
462.00 ₪ (115.57 €) |
322.79 ₪ (80.75 €) |
-30.1 % |
| 1 Pair of Men Leather Business Shoes |
507.14 ₪ (126.87 €) |
368.86 ₪ (92.28 €) |
-27.3 % |
Rent Per Month | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
6,497.06 ₪ (1,625.32 €) |
5,087.90 ₪ (1,272.80 €) |
-21.7 % |
| Apartment (1 bedroom) Outside of Centre |
4,718.52 ₪ (1,180.39 €) |
3,692.07 ₪ (923.62 €) |
-21.8 % |
| Apartment (3 bedrooms) in City Centre |
11,102.94 ₪ (2,777.53 €) |
8,742.33 ₪ (2,187.00 €) |
-21.3 % |
| Apartment (3 bedrooms) Outside of Centre |
7,680.77 ₪ (1,921.44 €) |
6,298.14 ₪ (1,575.56 €) |
-18.0 % |
Buy Apartment Price | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
6,106.65 ₪ (1,527.65 €) |
1,730.61 ₪ (432.93 €) |
-71.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
4,171.73 ₪ (1,043.61 €) |
1,008.13 ₪ (252.20 €) |
-75.8 % |
Salaries And Financing | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
11,470.20 ₪ (2,869.41 €) |
9,219.75 ₪ (2,306.43 €) |
-19.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.34 | 2.80 | -35.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 249 | 519 |
Moving to Madrid? Explore:
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| Cost of Living in Rehovot | 13.56 miles |
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