Cost of Living Comparison Between Porto and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 12.8% higher than in Porto (without rent)
Consumer Prices Including Rent in Madrid are 15.8% higher than in Porto
Rent Prices in Madrid are 22.3% higher than in Porto
Restaurant Prices in Madrid are 27.8% higher than in Porto
Groceries Prices in Madrid are 13.4% higher than in Porto
Local Purchasing Power in Madrid is 60.6% higher than in Porto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Porto Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 9.50 € 12.00 €      +26.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 50.00 €      +25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 € 8.00 €      +14.3 %
Domestic Beer (1 pint draught) 2.00 € 3.50 €      +75.0 %
Imported Beer (12 oz small bottle) 2.50 € 3.50 €      +40.0 %
Cappuccino (regular) 1.62 € 2.14 €      +31.7 %
Coke/Pepsi (12 oz small bottle) 1.50 € 2.39 €      +59.1 %
Water (12 oz small bottle) 1.08 € 1.68 €      +55.3 %
Markets
Porto Edit Madrid Edit
Milk (regular), (1 gallon) 3.30 € 3.48 €      +5.4 %
Loaf of Fresh White Bread (1 lb) 1.17 € 1.05 €      -10.4 %
Rice (white), (1 lb) 0.53 € 0.58 €      +9.8 %
Eggs (regular) (12) 2.36 € 2.42 €      +2.9 %
Local Cheese (1 lb) 4.07 € 4.99 €      +22.6 %
Chicken Fillets (1 lb) 2.76 € 3.42 €      +23.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.00 € 5.69 €      +13.8 %
Apples (1 lb) 0.83 € 0.98 €      +18.5 %
Banana (1 lb) 0.59 € 0.87 €      +47.7 %
Oranges (1 lb) 0.60 € 0.81 €      +35.9 %
Tomato (1 lb) 0.82 € 0.90 €      +9.4 %
Potato (1 lb) 0.56 € 0.59 €      +5.8 %
Onion (1 lb) 0.63 € 0.63 €      -0.2 %
Lettuce (1 head) 1.27 € 1.03 €      -18.4 %
Water (1.5 liter bottle) 0.55 € 0.70 €      +27.1 %
Bottle of Wine (Mid-Range) 5.00 € 5.60 €      +12.0 %
Domestic Beer (0.5 liter bottle) 1.01 € 1.03 €      +1.6 %
Imported Beer (12 oz small bottle) 1.82 € 1.55 €      -15.1 %
Cigarettes 20 Pack (Marlboro) 5.15 € 5.10 €      -1.0 %
Transportation
Porto Edit Madrid Edit
One-way Ticket (Local Transport) 1.50 € 1.50 €      0.0 %
Monthly Pass (Regular Price) 40.00 € 54.55 €      +36.4 %
Taxi Start (Normal Tariff) 3.25 € 3.60 €      +10.8 %
Taxi 1 mile (Normal Tariff) 1.21 € 1.77 €      +46.7 %
Taxi 1hour Waiting (Normal Tariff) 14.90 € 22.00 €      +47.7 %
Gasoline (1 gallon) 7.25 € 7.03 €      -3.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,789.50 € 25,188.50 €      -2.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,340.00 € 24,141.67 €      -14.8 %
Utilities (Monthly)
Porto Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 118.76 € 169.43 €      +42.7 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.26 € 0.14 €      -44.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 35.05 € 33.32 €      -4.9 %
Sports And Leisure
Porto Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 36.99 € 41.21 €      +11.4 %
Tennis Court Rent (1 Hour on Weekend) 15.29 € 12.82 €      -16.1 %
Cinema, International Release, 1 Seat 7.00 € 9.00 €      +28.6 %
Childcare
Porto Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 355.59 € 477.78 €      +34.4 %
International Primary School, Yearly for 1 Child 7,211.44 € 8,381.25 €      +16.2 %
Clothing And Shoes
Porto Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.52 € 74.26 €      -12.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.43 € 33.97 €      +19.5 %
1 Pair of Nike Running Shoes (Mid-Range) 72.59 € 76.42 €      +5.3 %
1 Pair of Men Leather Business Shoes 92.91 € 92.59 €      -0.3 %
Rent Per Month
Porto Edit Madrid Edit
Apartment (1 bedroom) in City Centre 842.39 € 1,034.15 €      +22.8 %
Apartment (1 bedroom) Outside of Centre 649.47 € 789.06 €      +21.5 %
Apartment (3 bedrooms) in City Centre 1,500.00 € 1,763.47 €      +17.6 %
Apartment (3 bedrooms) Outside of Centre 981.40 € 1,271.88 €      +29.6 %
Buy Apartment Price
Porto Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 304.02 € 503.84 €      +65.7 %
Price per Square Feet to Buy Apartment Outside of Centre 195.30 € 335.68 €      +71.9 %
Salaries And Financing
Porto Edit Madrid Edit
Average Monthly Net Salary (After Tax) 1,045.71 € 1,945.02 €      +86.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.34 2.49      +6.6 %
Last update: March 2023March 2023
Contributors in the past 12 months:219372