Cost of Living Comparison Between Madrid and Buenos Aires 

Indices DifferenceInfo
Consumer Prices in Buenos Aires are 39.9% lower than in Madrid (without rent)
Consumer Prices Including Rent in Buenos Aires are 47.8% lower than in Madrid
Rent Prices in Buenos Aires are 62.1% lower than in Madrid
Restaurant Prices in Buenos Aires are 43.7% lower than in Madrid
Groceries Prices in Buenos Aires are 36.0% lower than in Madrid
Local Purchasing Power in Buenos Aires is 69.4% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Buenos Aires Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(15.03 $)
7.45 €
(8.00 $)
     -46.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(64.41 $)
32.61 €
(35.00 $)
     -45.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 €
(10.22 $)
5.59 €
(6.00 $)
     -41.3 %
Domestic Beer (1 pint draught) 3.50 €
(3.76 $)
1.40 €
(1.50 $)
     -60.1 %
Imported Beer (12 oz small bottle) 3.50 €
(3.76 $)
2.33 €
(2.50 $)
     -33.5 %
Cappuccino (regular) 2.39 €
(2.56 $)
2.10 €
(2.25 $)
     -11.9 %
Coke/Pepsi (12 oz small bottle) 2.44 €
(2.62 $)
1.22 €
(1.31 $)
     -50.1 %
Water (12 oz small bottle) 1.59 €
(1.71 $)
0.91 €
(0.97 $)
     -42.9 %
Markets
Madrid Edit Buenos Aires Edit
Milk (regular), (1 gallon) 4.02 €
(4.31 $)
3.70 €
(3.98 $)
     -7.8 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(1.48 $)
1.71 €
(1.84 $)
     +24.2 %
Rice (white), (1 lb) 0.66 €
(0.71 $)
0.69 €
(0.74 $)
     +4.1 %
Eggs (regular) (12) 2.77 €
(2.98 $)
1.89 €
(2.03 $)
     -32.0 %
Local Cheese (1 lb) 6.06 €
(6.50 $)
3.92 €
(4.21 $)
     -35.3 %
Chicken Fillets (1 lb) 3.46 €
(3.72 $)
1.92 €
(2.06 $)
     -44.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(6.79 $)
2.70 €
(2.89 $)
     -57.4 %
Apples (1 lb) 1.02 €
(1.10 $)
0.76 €
(0.81 $)
     -25.8 %
Banana (1 lb) 0.82 €
(0.88 $)
0.75 €
(0.80 $)
     -8.8 %
Oranges (1 lb) 0.80 €
(0.86 $)
0.45 €
(0.49 $)
     -43.4 %
Tomato (1 lb) 1.04 €
(1.11 $)
0.67 €
(0.72 $)
     -35.2 %
Potato (1 lb) 0.64 €
(0.69 $)
0.36 €
(0.38 $)
     -44.2 %
Onion (1 lb) 0.69 €
(0.74 $)
0.37 €
(0.40 $)
     -45.6 %
Lettuce (1 head) 1.20 €
(1.28 $)
1.02 €
(1.10 $)
     -14.5 %
Water (1.5 liter bottle) 0.87 €
(0.94 $)
0.99 €
(1.06 $)
     +13.6 %
Bottle of Wine (Mid-Range) 6.00 €
(6.44 $)
3.73 €
(4.00 $)
     -37.9 %
Domestic Beer (0.5 liter bottle) 1.22 €
(1.31 $)
1.02 €
(1.10 $)
     -15.9 %
Imported Beer (12 oz small bottle) 1.76 €
(1.88 $)
1.73 €
(1.86 $)
     -1.5 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(6.06 $)
1.86 €
(2.00 $)
     -67.0 %
Transportation
Madrid Edit Buenos Aires Edit
One-way Ticket (Local Transport) 1.50 €
(1.61 $)
0.27 €
(0.29 $)
     -81.7 %
Monthly Pass (Regular Price) 40.00 €
(42.94 $)
7.45 €
(8.00 $)
     -81.4 %
Taxi Start (Normal Tariff) 3.00 €
(3.22 $)
0.89 €
(0.95 $)
     -70.5 %
Taxi 1 mile (Normal Tariff) 1.93 €
(2.07 $)
1.27 €
(1.36 $)
     -34.4 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(23.62 $)
4.66 €
(5.00 $)
     -78.8 %
Gasoline (1 gallon) 6.23 €
(6.69 $)
3.22 €
(3.45 $)
     -48.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(35,814.96 $)
18,631.88 €
(20,000.00 $)
     -44.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(29,647.83 $)
22,507.04 €
(24,159.71 $)
     -18.5 %
Utilities (Monthly)
Madrid Edit Buenos Aires Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.24 €
(152.68 $)
38.08 €
(40.87 $)
     -73.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 €
(14.90 $)
14.22 €
(15.26 $)
     +2.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.76 €
(31.94 $)
17.29 €
(18.56 $)
     -41.9 %
Sports And Leisure
Madrid Edit Buenos Aires Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 €
(46.77 $)
19.99 €
(21.45 $)
     -54.1 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(10.64 $)
7.60 €
(8.16 $)
     -23.3 %
Cinema, International Release, 1 Seat 10.00 €
(10.73 $)
3.98 €
(4.27 $)
     -60.2 %
Childcare
Madrid Edit Buenos Aires Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 €
(528.04 $)
204.83 €
(219.88 $)
     -58.4 %
International Primary School, Yearly for 1 Child 8,661.90 €
(9,297.94 $)
4,867.76 €
(5,225.19 $)
     -43.8 %
Clothing And Shoes
Madrid Edit Buenos Aires Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 €
(73.80 $)
77.17 €
(82.84 $)
     +12.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.30 €
(30.38 $)
61.29 €
(65.79 $)
     +116.6 %
1 Pair of Nike Running Shoes (Mid-Range) 76.31 €
(81.91 $)
109.26 €
(117.28 $)
     +43.2 %
1 Pair of Men Leather Business Shoes 84.43 €
(90.63 $)
96.99 €
(104.11 $)
     +14.9 %
Rent Per Month
Madrid Edit Buenos Aires Edit
Apartment (1 bedroom) in City Centre 1,258.75 €
(1,351.18 $)
455.23 €
(488.66 $)
     -63.8 %
Apartment (1 bedroom) Outside of Centre 905.83 €
(972.35 $)
325.18 €
(349.06 $)
     -64.1 %
Apartment (3 bedrooms) in City Centre 2,154.81 €
(2,313.03 $)
851.66 €
(914.20 $)
     -60.5 %
Apartment (3 bedrooms) Outside of Centre 1,554.35 €
(1,668.48 $)
592.18 €
(635.67 $)
     -61.9 %
Buy Apartment Price
Madrid Edit Buenos Aires Edit
Price per Square Feet to Buy Apartment in City Centre 421.98 €
(452.96 $)
202.37 €
(217.23 $)
     -52.0 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(255.92 $)
153.93 €
(165.24 $)
     -35.4 %
Salaries And Financing
Madrid Edit Buenos Aires Edit
Average Monthly Net Salary (After Tax) 2,399.51 €
(2,575.70 $)
383.20 €
(411.34 $)
     -84.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 51.15      +1,923.2 %
Last update: May 2024May 2024
Contributors in the past 12 months:530183