Cost of Living Comparison Between Madrid and Gent 

Indices DifferenceInfo
Consumer Prices in Gent are 23.7% higher than in Madrid (without rent)
Consumer Prices Including Rent in Gent are 4.9% higher than in Madrid
Rent Prices in Gent are 29.6% lower than in Madrid
Restaurant Prices in Gent are 34.5% higher than in Madrid
Groceries Prices in Gent are 19.2% higher than in Madrid
Local Purchasing Power in Gent is 8.1% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Gent Edit Difference
Meal, Inexpensive Restaurant 14.00 € 18.00 €      +28.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 90.00 €      +50.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 9.38 €      +4.2 %
Domestic Beer (1 pint draught) 3.50 € 4.50 €      +28.6 %
Imported Beer (12 oz small bottle) 3.50 € 4.00 €      +14.3 %
Cappuccino (regular) 2.35 € 3.25 €      +38.0 %
Coke/Pepsi (12 oz small bottle) 2.40 € 2.86 €      +19.4 %
Water (12 oz small bottle) 1.55 € 2.53 €      +63.4 %
Markets
Madrid Edit Gent Edit
Milk (regular), (1 gallon) 4.04 € 4.04 €      -0.0 %
Loaf of Fresh White Bread (1 lb) 1.32 € 1.96 €      +48.0 %
Rice (white), (1 lb) 0.64 € 0.88 €      +37.6 %
Eggs (regular) (12) 2.78 € 3.23 €      +16.3 %
Local Cheese (1 lb) 5.86 € 6.62 €      +12.9 %
Chicken Fillets (1 lb) 3.42 € 4.42 €      +29.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 € 6.75 €      +9.6 %
Apples (1 lb) 1.01 € 1.14 €      +13.2 %
Banana (1 lb) 0.80 € 0.78 €      -3.0 %
Oranges (1 lb) 0.81 € 1.20 €      +47.3 %
Tomato (1 lb) 1.04 € 1.27 €      +22.8 %
Potato (1 lb) 0.62 € 0.65 €      +3.8 %
Onion (1 lb) 0.67 € 0.70 €      +4.5 %
Lettuce (1 head) 1.19 € 1.19 €      -0.3 %
Water (1.5 liter bottle) 0.86 € 0.75 €      -12.8 %
Bottle of Wine (Mid-Range) 6.00 € 7.00 €      +16.7 %
Domestic Beer (0.5 liter bottle) 1.14 € 1.59 €      +38.8 %
Imported Beer (12 oz small bottle) 1.78 € 2.21 €      +24.4 %
Cigarettes 20 Pack (Marlboro) 5.60 € 8.25 €      +47.3 %
Transportation
Madrid Edit Gent Edit
One-way Ticket (Local Transport) 1.50 € 2.50 €      +66.7 %
Monthly Pass (Regular Price) 40.00 € 50.00 €      +25.0 %
Taxi Start (Normal Tariff) 3.00 € 9.50 €      +216.7 %
Taxi 1 mile (Normal Tariff) 1.93 € 4.18 €      +116.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 46.00 €      +109.1 %
Gasoline (1 gallon) 6.21 € 6.60 €      +6.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,182.50 € 24,695.00 €      -25.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,043.06 € 24,891.25 €      -8.0 %
Utilities (Monthly)
Madrid Edit Gent Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 133.93 € 185.94 €      +38.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 € 19.44 €      +40.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.03 € 46.44 €      +60.0 %
Sports And Leisure
Madrid Edit Gent Edit
Fitness Club, Monthly Fee for 1 Adult 43.50 € 32.62 €      -25.0 %
Tennis Court Rent (1 Hour on Weekend) 9.63 € 13.75 €      +42.8 %
Cinema, International Release, 1 Seat 10.00 € 12.75 €      +27.5 %
Childcare
Madrid Edit Gent Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 488.60 € 533.33 €      +9.2 %
International Primary School, Yearly for 1 Child 9,115.00 € 24,250.00 €      +166.0 %
Clothing And Shoes
Madrid Edit Gent Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.46 € 89.00 €      +36.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.62 € 43.57 €      +57.8 %
1 Pair of Nike Running Shoes (Mid-Range) 74.22 € 90.00 €      +21.3 %
1 Pair of Men Leather Business Shoes 80.57 € 117.50 €      +45.8 %
Rent Per Month
Madrid Edit Gent Edit
Apartment (1 bedroom) in City Centre 1,195.38 € 863.33 €      -27.8 %
Apartment (1 bedroom) Outside of Centre 874.02 € 728.57 €      -16.6 %
Apartment (3 bedrooms) in City Centre 2,088.68 € 1,328.57 €      -36.4 %
Apartment (3 bedrooms) Outside of Centre 1,472.55 € 1,041.43 €      -29.3 %
Buy Apartment Price
Madrid Edit Gent Edit
Price per Square Feet to Buy Apartment in City Centre 402.79 € 342.49 €      -15.0 %
Price per Square Feet to Buy Apartment Outside of Centre 233.67 € 288.28 €      +23.4 %
Salaries And Financing
Madrid Edit Gent Edit
Average Monthly Net Salary (After Tax) 2,416.12 € 2,739.12 €      +13.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 3.83      +51.5 %
Last update: April 2024April 2024
Contributors in the past 12 months:57343