Cost of Living Comparison Between Porto and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 15.0% higher than in Porto (without rent)
Consumer Prices Including Rent in Madrid are 19.5% higher than in Porto
Rent Prices in Madrid are 28.8% higher than in Porto
Restaurant Prices in Madrid are 46.9% higher than in Porto
Groceries Prices in Madrid are 12.7% higher than in Porto
Local Purchasing Power in Madrid is 47.7% higher than in Porto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Porto Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 9.00 € 14.00 €      +55.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 60.00 €      +50.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.50 € 9.00 €      +20.0 %
Domestic Beer (1 pint draught) 2.50 € 3.50 €      +40.0 %
Imported Beer (12 oz small bottle) 3.00 € 3.50 €      +16.7 %
Cappuccino (regular) 1.58 € 2.35 €      +48.8 %
Coke/Pepsi (12 oz small bottle) 1.53 € 2.40 €      +56.4 %
Water (12 oz small bottle) 1.11 € 1.55 €      +39.1 %
Markets
Porto Edit Madrid Edit
Milk (regular), (1 gallon) 3.41 € 4.04 €      +18.5 %
Loaf of Fresh White Bread (1 lb) 1.25 € 1.32 €      +5.6 %
Rice (white), (1 lb) 0.63 € 0.64 €      +1.8 %
Eggs (regular) (12) 2.68 € 2.78 €      +3.7 %
Local Cheese (1 lb) 4.40 € 5.86 €      +33.2 %
Chicken Fillets (1 lb) 3.10 € 3.42 €      +10.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.52 € 6.16 €      +11.5 %
Apples (1 lb) 0.86 € 1.01 €      +17.1 %
Banana (1 lb) 0.59 € 0.80 €      +36.6 %
Oranges (1 lb) 0.69 € 0.81 €      +17.5 %
Tomato (1 lb) 1.01 € 1.04 €      +2.9 %
Potato (1 lb) 0.63 € 0.62 €      -1.1 %
Onion (1 lb) 0.77 € 0.67 €      -12.7 %
Lettuce (1 head) 1.42 € 1.19 €      -16.2 %
Water (1.5 liter bottle) 0.65 € 0.86 €      +31.9 %
Bottle of Wine (Mid-Range) 4.00 € 6.00 €      +50.0 %
Domestic Beer (0.5 liter bottle) 1.07 € 1.14 €      +7.4 %
Imported Beer (12 oz small bottle) 2.10 € 1.78 €      -15.2 %
Cigarettes 20 Pack (Marlboro) 5.45 € 5.60 €      +2.8 %
Transportation
Porto Edit Madrid Edit
One-way Ticket (Local Transport) 1.80 € 1.50 €      -16.7 %
Monthly Pass (Regular Price) 40.00 € 40.00 €      0.0 %
Taxi Start (Normal Tariff) 3.50 € 3.00 €      -14.3 %
Taxi 1 mile (Normal Tariff) 1.13 € 1.93 €      +71.4 %
Taxi 1hour Waiting (Normal Tariff) 15.00 € 22.00 €      +46.7 %
Gasoline (1 gallon) 6.71 € 6.21 €      -7.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,957.00 € 33,182.50 €      +14.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,908.95 € 27,043.06 €      -17.8 %
Utilities (Monthly)
Porto Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 104.70 € 134.31 €      +28.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.01 € 14.16 €      -16.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 35.25 € 29.13 €      -17.4 %
Sports And Leisure
Porto Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 34.84 € 43.72 €      +25.5 %
Tennis Court Rent (1 Hour on Weekend) 13.34 € 9.63 €      -27.8 %
Cinema, International Release, 1 Seat 7.50 € 10.00 €      +33.3 %
Childcare
Porto Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 388.33 € 488.60 €      +25.8 %
International Primary School, Yearly for 1 Child 7,287.22 € 9,115.00 €      +25.1 %
Clothing And Shoes
Porto Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.94 € 66.35 €      +7.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 25.27 € 27.94 €      +10.5 %
1 Pair of Nike Running Shoes (Mid-Range) 71.77 € 74.71 €      +4.1 %
1 Pair of Men Leather Business Shoes 80.27 € 82.71 €      +3.0 %
Rent Per Month
Porto Edit Madrid Edit
Apartment (1 bedroom) in City Centre 959.11 € 1,200.48 €      +25.2 %
Apartment (1 bedroom) Outside of Centre 744.77 € 878.30 €      +17.9 %
Apartment (3 bedrooms) in City Centre 1,524.40 € 2,101.92 €      +37.9 %
Apartment (3 bedrooms) Outside of Centre 1,178.85 € 1,493.83 €      +26.7 %
Buy Apartment Price
Porto Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 234.66 € 405.40 €      +72.8 %
Price per Square Feet to Buy Apartment Outside of Centre 155.40 € 237.42 €      +52.8 %
Salaries And Financing
Porto Edit Madrid Edit
Average Monthly Net Salary (After Tax) 1,347.56 € 2,379.30 €      +76.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.70 2.55      -5.5 %
Last update: April 2024April 2024
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