Cost of Living Comparison Between Madrid and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 34.4% higher than in Madrid (without rent) | |
| Consumer Prices Including Rent in Toronto are 40.1% higher than in Madrid | |
| Rent Prices in Toronto are 50.2% higher than in Madrid | |
| Restaurant Prices in Toronto are 30.5% higher than in Madrid | |
| Groceries Prices in Toronto are 48.1% higher than in Madrid | |
| Local Purchasing Power in Toronto is 3.3% lower than in Madrid | |
Restaurants | Madrid Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (20.49 C$) |
17.08 € (25.00 C$) |
+22.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (87.81 C$) |
82.00 € (120.00 C$) |
+36.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.03 € (13.21 C$) |
10.25 € (15.00 C$) |
+13.6 % |
| Domestic Beer (1 pint draught) |
3.50 € (5.12 C$) |
5.81 € (8.50 C$) |
+65.9 % |
| Imported Beer (12 oz small bottle) |
3.70 € (5.41 C$) |
6.83 € (10.00 C$) |
+84.7 % |
| Cappuccino (regular) |
2.35 € (3.45 C$) |
3.71 € (5.44 C$) |
+57.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.43 € (3.56 C$) |
1.97 € (2.88 C$) |
-19.1 % |
| Water (12 oz small bottle) |
1.58 € (2.31 C$) |
1.53 € (2.24 C$) |
-2.9 % |
Markets | Madrid Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
4.02 € (5.89 C$) |
10.85 € (15.88 C$) |
+169.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.33 € (1.94 C$) |
2.36 € (3.45 C$) |
+77.6 % |
| Rice (white), (1 lb) |
0.66 € (0.96 C$) |
1.48 € (2.16 C$) |
+125.0 % |
| Eggs (regular) (12) |
2.77 € (4.05 C$) |
3.30 € (4.83 C$) |
+19.3 % |
| Local Cheese (1 lb) |
5.76 € (8.43 C$) |
4.68 € (6.84 C$) |
-18.9 % |
| Chicken Fillets (1 lb) |
3.39 € (4.95 C$) |
5.27 € (7.71 C$) |
+55.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.16 € (9.01 C$) |
5.96 € (8.73 C$) |
-3.2 % |
| Apples (1 lb) |
1.00 € (1.46 C$) |
1.67 € (2.44 C$) |
+67.4 % |
| Banana (1 lb) |
0.79 € (1.16 C$) |
0.61 € (0.89 C$) |
-23.3 % |
| Oranges (1 lb) |
0.80 € (1.17 C$) |
1.70 € (2.48 C$) |
+111.4 % |
| Tomato (1 lb) |
1.03 € (1.51 C$) |
1.58 € (2.31 C$) |
+53.2 % |
| Potato (1 lb) |
0.62 € (0.90 C$) |
1.13 € (1.65 C$) |
+82.1 % |
| Onion (1 lb) |
0.67 € (0.97 C$) |
1.18 € (1.73 C$) |
+77.9 % |
| Lettuce (1 head) |
1.20 € (1.75 C$) |
2.14 € (3.13 C$) |
+78.7 % |
| Water (1.5 liter bottle) |
0.87 € (1.27 C$) |
1.69 € (2.48 C$) |
+94.7 % |
| Bottle of Wine (Mid-Range) |
6.00 € (8.78 C$) |
12.98 € (19.00 C$) |
+116.4 % |
| Domestic Beer (0.5 liter bottle) |
1.14 € (1.68 C$) |
2.34 € (3.42 C$) |
+104.2 % |
| Imported Beer (12 oz small bottle) |
1.76 € (2.57 C$) |
2.64 € (3.87 C$) |
+50.6 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (8.23 C$) |
13.67 € (20.00 C$) |
+143.0 % |
Transportation | Madrid Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
1.50 € (2.20 C$) |
2.29 € (3.35 C$) |
+52.6 % |
| Monthly Pass (Regular Price) |
40.00 € (58.54 C$) |
106.60 € (156.00 C$) |
+166.5 % |
| Taxi Start (Normal Tariff) |
3.00 € (4.39 C$) |
3.42 € (5.00 C$) |
+13.9 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (2.83 C$) |
1.92 € (2.82 C$) |
-0.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (32.20 C$) |
21.18 € (31.00 C$) |
-3.7 % |
| Gasoline (1 gallon) |
6.22 € (9.10 C$) |
4.19 € (6.13 C$) |
-32.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (48,827.74 C$) |
23,472.06 € (34,350.00 C$) |
-29.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (40,419.88 C$) |
20,948.90 € (30,657.50 C$) |
-24.2 % |
Utilities (Monthly) | Madrid Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
142.32 € (208.28 C$) |
115.09 € (168.42 C$) |
-19.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
14.27 € (20.88 C$) |
44.74 € (65.47 C$) |
+213.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.92 € (43.79 C$) |
50.15 € (73.39 C$) |
+67.6 % |
Sports And Leisure | Madrid Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.66 € (63.89 C$) |
50.30 € (73.61 C$) |
+15.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.91 € (14.51 C$) |
19.89 € (29.11 C$) |
+100.6 % |
| Cinema, International Release, 1 Seat |
10.00 € (14.63 C$) |
12.30 € (18.00 C$) |
+23.0 % |
Childcare | Madrid Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
484.60 € (709.18 C$) |
1,056.30 € (1,545.84 C$) |
+118.0 % |
| International Primary School, Yearly for 1 Child |
8,904.55 € (13,031.29 C$) |
17,058.31 € (24,963.85 C$) |
+91.6 % |
Clothing And Shoes | Madrid Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
69.95 € (102.37 C$) |
55.71 € (81.52 C$) |
-20.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
28.66 € (41.95 C$) |
34.38 € (50.31 C$) |
+20.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
76.80 € (112.40 C$) |
91.41 € (133.78 C$) |
+19.0 % |
| 1 Pair of Men Leather Business Shoes |
85.24 € (124.75 C$) |
110.52 € (161.74 C$) |
+29.7 % |
Rent Per Month | Madrid Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
1,235.09 € (1,807.48 C$) |
1,714.27 € (2,508.73 C$) |
+38.8 % |
| Apartment (1 bedroom) Outside of Centre |
897.84 € (1,313.94 C$) |
1,527.57 € (2,235.51 C$) |
+70.1 % |
| Apartment (3 bedrooms) in City Centre |
2,151.82 € (3,149.06 C$) |
3,046.81 € (4,458.82 C$) |
+41.6 % |
| Apartment (3 bedrooms) Outside of Centre |
1,547.96 € (2,265.35 C$) |
2,470.31 € (3,615.16 C$) |
+59.6 % |
Buy Apartment Price | Madrid Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
432.63 € (633.13 C$) |
890.43 € (1,303.09 C$) |
+105.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
244.74 € (358.16 C$) |
696.93 € (1,019.91 C$) |
+184.8 % |
Salaries And Financing | Madrid Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
2,358.97 € (3,452.21 C$) |
3,197.03 € (4,678.67 C$) |
+35.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.61 | 6.54 | +151.1 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 581 | 781 |
Moving to Madrid? Explore:
Moving to Toronto? Explore:
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 |
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |