Cost of Living Comparison Between Milan and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 24.4% lower than in Milan (without rent)
Consumer Prices Including Rent in Madrid are 22.9% lower than in Milan
Rent Prices in Madrid are 19.9% lower than in Milan
Restaurant Prices in Madrid are 24.4% lower than in Milan
Groceries Prices in Madrid are 24.5% lower than in Milan
Local Purchasing Power in Madrid is 84.6% higher than in Milan
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Milan Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 20.00 € 14.00 €      -30.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 € 60.00 €      -25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 9.00 €      -10.0 %
Domestic Beer (1 pint draught) 6.00 € 3.50 €      -41.7 %
Imported Beer (12 oz small bottle) 5.00 € 3.50 €      -30.0 %
Cappuccino (regular) 1.96 € 2.35 €      +20.3 %
Coke/Pepsi (12 oz small bottle) 2.89 € 2.41 €      -16.8 %
Water (12 oz small bottle) 1.38 € 1.59 €      +15.3 %
Markets
Milan Edit Madrid Edit
Milk (regular), (1 gallon) 6.09 € 4.00 €      -34.3 %
Loaf of Fresh White Bread (1 lb) 2.21 € 1.38 €      -37.7 %
Rice (white), (1 lb) 1.51 € 0.67 €      -56.0 %
Eggs (regular) (12) 3.86 € 2.76 €      -28.6 %
Local Cheese (1 lb) 7.10 € 6.03 €      -15.1 %
Chicken Fillets (1 lb) 5.31 € 3.45 €      -35.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.12 € 6.24 €      -31.5 %
Apples (1 lb) 1.03 € 1.01 €      -1.3 %
Banana (1 lb) 0.89 € 0.80 €      -10.4 %
Oranges (1 lb) 1.11 € 0.78 €      -29.7 %
Tomato (1 lb) 1.48 € 1.01 €      -31.4 %
Potato (1 lb) 0.78 € 0.64 €      -18.0 %
Onion (1 lb) 0.75 € 0.67 €      -11.2 %
Lettuce (1 head) 1.31 € 1.18 €      -10.4 %
Water (1.5 liter bottle) 0.55 € 0.85 €      +54.8 %
Bottle of Wine (Mid-Range) 7.00 € 6.00 €      -14.3 %
Domestic Beer (0.5 liter bottle) 1.84 € 1.19 €      -35.7 %
Imported Beer (12 oz small bottle) 2.12 € 1.76 €      -17.0 %
Cigarettes 20 Pack (Marlboro) 6.00 € 5.62 €      -6.2 %
Transportation
Milan Edit Madrid Edit
One-way Ticket (Local Transport) 2.20 € 1.50 €      -31.8 %
Monthly Pass (Regular Price) 39.00 € 40.00 €      +2.6 %
Taxi Start (Normal Tariff) 7.00 € 3.00 €      -57.1 %
Taxi 1 mile (Normal Tariff) 3.22 € 1.93 €      -40.0 %
Taxi 1hour Waiting (Normal Tariff) 33.27 € 22.00 €      -33.9 %
Gasoline (1 gallon) 7.09 € 6.23 €      -12.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 € 33,365.00 €      +19.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,061.54 € 27,619.74 €      -11.1 %
Utilities (Monthly)
Milan Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 256.17 € 140.50 €      -45.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 9.37 € 13.79 €      +47.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.93 € 29.87 €      +10.9 %
Sports And Leisure
Milan Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 64.51 € 43.72 €      -32.2 %
Tennis Court Rent (1 Hour on Weekend) 31.91 € 10.24 €      -67.9 %
Cinema, International Release, 1 Seat 10.00 € 10.00 €      0.0 %
Childcare
Milan Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 794.56 € 492.60 €      -38.0 %
International Primary School, Yearly for 1 Child 13,172.09 € 8,650.00 €      -34.3 %
Clothing And Shoes
Milan Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 94.44 € 69.01 €      -26.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.35 € 27.70 €      -23.8 %
1 Pair of Nike Running Shoes (Mid-Range) 98.76 € 76.25 €      -22.8 %
1 Pair of Men Leather Business Shoes 143.15 € 82.44 €      -42.4 %
Rent Per Month
Milan Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,407.61 € 1,240.47 €      -11.9 %
Apartment (1 bedroom) Outside of Centre 954.76 € 897.60 €      -6.0 %
Apartment (3 bedrooms) in City Centre 2,989.44 € 2,137.50 €      -28.5 %
Apartment (3 bedrooms) Outside of Centre 1,895.35 € 1,531.91 €      -19.2 %
Buy Apartment Price
Milan Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 852.51 € 411.40 €      -51.7 %
Price per Square Feet to Buy Apartment Outside of Centre 442.58 € 237.06 €      -46.4 %
Salaries And Financing
Milan Edit Madrid Edit
Average Monthly Net Salary (After Tax) 1,728.15 € 2,460.23 €      +42.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.39 2.49      -43.4 %
Last update: May 2024May 2024
Contributors in the past 12 months:380536