Cost of Living Comparison Between Tel Aviv-Yafo and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 26.0% lower than in Tel Aviv-Yafo (without rent) | |
| Consumer Prices Including Rent in Madrid are 24.5% lower than in Tel Aviv-Yafo | |
| Rent Prices in Madrid are 21.6% lower than in Tel Aviv-Yafo | |
| Restaurant Prices in Madrid are 32.5% lower than in Tel Aviv-Yafo | |
| Groceries Prices in Madrid are 24.3% lower than in Tel Aviv-Yafo | |
| Local Purchasing Power in Madrid is 10.9% higher than in Tel Aviv-Yafo | |
Restaurants | Tel Aviv-Yafo Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
75.00 ₪ (18.74 €) |
56.04 ₪ (14.00 €) |
-25.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
360.00 ₪ (89.94 €) |
240.16 ₪ (60.00 €) |
-33.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
60.00 ₪ (14.99 €) |
38.12 ₪ (9.53 €) |
-36.5 % |
| Domestic Beer (1 pint draught) |
33.00 ₪ (8.24 €) |
14.01 ₪ (3.50 €) |
-57.5 % |
| Imported Beer (12 oz small bottle) |
30.50 ₪ (7.62 €) |
14.01 ₪ (3.50 €) |
-54.1 % |
| Cappuccino (regular) |
14.84 ₪ (3.71 €) |
9.55 ₪ (2.39 €) |
-35.7 % |
| Coke/Pepsi (12 oz small bottle) |
10.20 ₪ (2.55 €) |
9.76 ₪ (2.44 €) |
-4.3 % |
| Water (12 oz small bottle) |
8.79 ₪ (2.20 €) |
6.36 ₪ (1.59 €) |
-27.7 % |
Markets | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
25.79 ₪ (6.44 €) |
16.08 ₪ (4.02 €) |
-37.7 % |
| Loaf of Fresh White Bread (1 lb) |
8.61 ₪ (2.15 €) |
5.51 ₪ (1.38 €) |
-36.0 % |
| Rice (white), (1 lb) |
4.98 ₪ (1.24 €) |
2.64 ₪ (0.66 €) |
-46.9 % |
| Eggs (regular) (12) |
14.52 ₪ (3.63 €) |
11.11 ₪ (2.77 €) |
-23.5 % |
| Local Cheese (1 lb) |
22.83 ₪ (5.70 €) |
24.25 ₪ (6.06 €) |
+6.2 % |
| Chicken Fillets (1 lb) |
20.05 ₪ (5.01 €) |
13.85 ₪ (3.46 €) |
-30.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
34.34 ₪ (8.58 €) |
25.32 ₪ (6.33 €) |
-26.3 % |
| Apples (1 lb) |
5.99 ₪ (1.50 €) |
4.09 ₪ (1.02 €) |
-31.8 % |
| Banana (1 lb) |
3.76 ₪ (0.94 €) |
3.28 ₪ (0.82 €) |
-12.8 % |
| Oranges (1 lb) |
3.15 ₪ (0.79 €) |
3.21 ₪ (0.80 €) |
+1.9 % |
| Tomato (1 lb) |
3.62 ₪ (0.90 €) |
4.15 ₪ (1.04 €) |
+14.8 % |
| Potato (1 lb) |
2.60 ₪ (0.65 €) |
2.57 ₪ (0.64 €) |
-1.1 % |
| Onion (1 lb) |
2.57 ₪ (0.64 €) |
2.75 ₪ (0.69 €) |
+7.0 % |
| Lettuce (1 head) |
7.61 ₪ (1.90 €) |
4.79 ₪ (1.20 €) |
-37.1 % |
| Water (1.5 liter bottle) |
4.65 ₪ (1.16 €) |
3.49 ₪ (0.87 €) |
-24.9 % |
| Bottle of Wine (Mid-Range) |
50.00 ₪ (12.49 €) |
24.02 ₪ (6.00 €) |
-52.0 % |
| Domestic Beer (0.5 liter bottle) |
10.06 ₪ (2.51 €) |
4.87 ₪ (1.22 €) |
-51.5 % |
| Imported Beer (12 oz small bottle) |
12.21 ₪ (3.05 €) |
7.03 ₪ (1.76 €) |
-42.5 % |
| Cigarettes 20 Pack (Marlboro) |
38.00 ₪ (9.49 €) |
22.61 ₪ (5.65 €) |
-40.5 % |
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 ₪ (57.46 €) |
160.10 ₪ (40.00 €) |
-30.4 % |
| Taxi Start (Normal Tariff) |
14.00 ₪ (3.50 €) |
12.01 ₪ (3.00 €) |
-14.2 % |
| Taxi 1 mile (Normal Tariff) |
6.04 ₪ (1.51 €) |
7.73 ₪ (1.93 €) |
+28.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
115.80 ₪ (28.93 €) |
88.06 ₪ (22.00 €) |
-24.0 % |
| Gasoline (1 gallon) |
26.97 ₪ (6.74 €) |
24.94 ₪ (6.23 €) |
-7.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
150,000.00 ₪ (37,475.48 €) |
133,547.31 ₪ (33,365.00 €) |
-11.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
150,297.43 ₪ (37,549.79 €) |
110,551.22 ₪ (27,619.74 €) |
-26.4 % |
Utilities (Monthly) | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
924.98 ₪ (231.09 €) |
569.33 ₪ (142.24 €) |
-38.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
38.81 ₪ (9.70 €) |
55.56 ₪ (13.88 €) |
+43.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
105.82 ₪ (26.44 €) |
119.10 ₪ (29.76 €) |
+12.5 % |
Sports And Leisure | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
285.52 ₪ (71.33 €) |
174.40 ₪ (43.57 €) |
-38.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
70.00 ₪ (17.49 €) |
39.69 ₪ (9.91 €) |
-43.3 % |
| Cinema, International Release, 1 Seat |
45.00 ₪ (11.24 €) |
40.03 ₪ (10.00 €) |
-11.1 % |
Childcare | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
4,286.36 ₪ (1,070.89 €) |
1,968.98 ₪ (491.92 €) |
-54.1 % |
| International Primary School, Yearly for 1 Child |
81,000.00 ₪ (20,236.76 €) |
34,670.28 ₪ (8,661.90 €) |
-57.2 % |
Clothing And Shoes | Tel Aviv-Yafo Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
390.00 ₪ (97.44 €) |
275.18 ₪ (68.75 €) |
-29.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
224.96 ₪ (56.20 €) |
113.28 ₪ (28.30 €) |
-49.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
462.00 ₪ (115.42 €) |
305.43 ₪ (76.31 €) |
-33.9 % |
| 1 Pair of Men Leather Business Shoes |
507.14 ₪ (126.70 €) |
337.93 ₪ (84.43 €) |
-33.4 % |
Rent Per Month | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
6,466.67 ₪ (1,615.61 €) |
5,038.29 ₪ (1,258.75 €) |
-22.1 % |
| Apartment (1 bedroom) Outside of Centre |
4,718.52 ₪ (1,178.86 €) |
3,625.70 ₪ (905.83 €) |
-23.2 % |
| Apartment (3 bedrooms) in City Centre |
11,102.94 ₪ (2,773.92 €) |
8,624.87 ₪ (2,154.81 €) |
-22.3 % |
| Apartment (3 bedrooms) Outside of Centre |
7,680.77 ₪ (1,918.94 €) |
6,221.46 ₪ (1,554.35 €) |
-19.0 % |
Buy Apartment Price | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
6,106.65 ₪ (1,525.66 €) |
1,689.02 ₪ (421.98 €) |
-72.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
4,171.73 ₪ (1,042.25 €) |
954.27 ₪ (238.41 €) |
-77.1 % |
Salaries And Financing | Tel Aviv-Yafo Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
11,470.20 ₪ (2,865.67 €) |
9,604.32 ₪ (2,399.51 €) |
-16.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.34 | 2.53 | -41.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 243 | 530 |
Moving to Madrid? Explore:
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