Cost of Living Comparison Between Milan and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 25.0% lower than in Milan (without rent) | |
| Consumer Prices Including Rent in Madrid are 23.8% lower than in Milan | |
| Rent Prices in Madrid are 21.4% lower than in Milan | |
| Restaurant Prices in Madrid are 24.4% lower than in Milan | |
| Groceries Prices in Madrid are 25.5% lower than in Milan | |
| Local Purchasing Power in Madrid is 86.5% higher than in Milan | |
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 € | 3.48 € | -42.1 % |
| Imported Beer (12 oz small bottle) | 5.00 € | 3.50 € | -30.0 % |
| Cappuccino (regular) | 1.96 € | 2.34 € | +19.5 % |
| Coke/Pepsi (12 oz small bottle) | 2.87 € | 2.40 € | -16.3 % |
| Water (12 oz small bottle) | 1.44 € | 1.55 € | +7.7 % |
Markets | Milan Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) | 6.12 € | 4.03 € | -34.2 % |
| Loaf of Fresh White Bread (1 lb) | 2.18 € | 1.32 € | -39.5 % |
| Rice (white), (1 lb) | 1.52 € | 0.66 € | -56.9 % |
| Eggs (regular) (12) | 3.95 € | 2.78 € | -29.7 % |
| Local Cheese (1 lb) | 7.25 € | 5.86 € | -19.1 % |
| Chicken Fillets (1 lb) | 5.38 € | 3.42 € | -36.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.21 € | 6.16 € | -33.1 % |
| Apples (1 lb) | 1.03 € | 1.01 € | -2.0 % |
| Banana (1 lb) | 0.89 € | 0.80 € | -10.2 % |
| Oranges (1 lb) | 1.13 € | 0.81 € | -27.8 % |
| Tomato (1 lb) | 1.56 € | 1.04 € | -33.3 % |
| Potato (1 lb) | 0.76 € | 0.62 € | -18.0 % |
| Onion (1 lb) | 0.75 € | 0.67 € | -10.6 % |
| Lettuce (1 head) | 1.30 € | 1.21 € | -7.1 % |
| Water (1.5 liter bottle) | 0.53 € | 0.88 € | +66.4 % |
| Bottle of Wine (Mid-Range) | 7.00 € | 6.00 € | -14.3 % |
| Domestic Beer (0.5 liter bottle) | 1.86 € | 1.14 € | -38.5 % |
| Imported Beer (12 oz small bottle) | 2.12 € | 1.80 € | -15.0 % |
| 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) | 7.07 € | 6.22 € | -12.0 % |
| 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) | 30,842.86 € | 27,619.74 € | -10.5 % |
Utilities (Monthly) | Milan Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 258.82 € | 138.91 € | -46.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 9.26 € | 13.73 € | +48.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 27.05 € | 29.56 € | +9.3 % |
Sports And Leisure | Milan Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 64.60 € | 43.33 € | -32.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 31.91 € | 9.80 € | -69.3 % |
| 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 | 803.40 € | 489.04 € | -39.1 % |
| International Primary School, Yearly for 1 Child | 13,172.09 € | 9,061.90 € | -31.2 % |
Clothing And Shoes | Milan Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 92.94 € | 67.13 € | -27.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.04 € | 27.32 € | -24.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 98.74 € | 74.79 € | -24.3 % |
| 1 Pair of Men Leather Business Shoes | 142.26 € | 81.70 € | -42.6 % |
Rent Per Month | Milan Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre | 1,433.60 € | 1,190.88 € | -16.9 % |
| Apartment (1 bedroom) Outside of Centre | 954.64 € | 868.24 € | -9.1 % |
| Apartment (3 bedrooms) in City Centre | 2,897.95 € | 2,077.19 € | -28.3 % |
| Apartment (3 bedrooms) Outside of Centre | 1,877.05 € | 1,487.21 € | -20.8 % |
Buy Apartment Price | Milan Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 852.51 € | 411.50 € | -51.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 443.90 € | 236.31 € | -46.8 % |
Salaries And Financing | Milan Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) | 1,741.42 € | 2,475.10 € | +42.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.39 | 2.48 | -43.5 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 397 | 581 |
Moving to Milan? Explore:
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Cities near Milan: | Cost of Living in Monza | 14.03 miles |
| Cost of Living in Pavia | 24.69 miles |
| Cost of Living in Como | 31.05 miles |
| Cost of Living in Novara | 32.50 miles |
| Cost of Living in Bergamo | 34.83 miles |
| Cost of Living in Varese | 35.45 miles |
| Cost of Living in Vercelli | 46.99 miles |
| Cost of Living in Brescia | 64.52 miles |
| Cost of Living in Turin | 87.74 miles |
| Cost of Living in Genoa | 90.08 miles |
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |