Cost of Living Comparison Between Madrid and Santiago 
| Indices Difference |  |
|---|---|
| Consumer Prices in Santiago are 16.5% lower than in Madrid (without rent) | |
| Consumer Prices Including Rent in Santiago are 31.1% lower than in Madrid | |
| Rent Prices in Santiago are 57.4% lower than in Madrid | |
| Restaurant Prices in Santiago are 20.1% lower than in Madrid | |
| Groceries Prices in Santiago are 10.4% lower than in Madrid | |
| Local Purchasing Power in Santiago is 60.5% lower than in Madrid | |
Restaurants | Madrid Edit |
Santiago Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (14,205.55 CL$) |
9.86 € (10,000.00 CL$) |
-29.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (60,880.91 CL$) |
49.28 € (50,000.00 CL$) |
-17.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.53 € (9,664.84 CL$) |
7.88 € (8,000.00 CL$) |
-17.2 % |
| Domestic Beer (1 pint draught) |
3.50 € (3,551.39 CL$) |
2.96 € (3,000.00 CL$) |
-15.5 % |
| Imported Beer (12 oz small bottle) |
3.50 € (3,551.39 CL$) |
3.94 € (4,000.00 CL$) |
+12.6 % |
| Cappuccino (regular) |
2.39 € (2,420.48 CL$) |
2.70 € (2,736.91 CL$) |
+13.1 % |
| Coke/Pepsi (12 oz small bottle) |
2.44 € (2,473.95 CL$) |
1.46 € (1,485.13 CL$) |
-40.0 % |
| Water (12 oz small bottle) |
1.59 € (1,611.78 CL$) |
1.19 € (1,206.63 CL$) |
-25.1 % |
Markets | Madrid Edit |
Santiago Edit | |
| Milk (regular), (1 gallon) |
4.02 € (4,075.11 CL$) |
4.42 € (4,481.61 CL$) |
+10.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.38 € (1,397.12 CL$) |
1.34 € (1,359.36 CL$) |
-2.7 % |
| Rice (white), (1 lb) |
0.66 € (670.22 CL$) |
0.72 € (727.10 CL$) |
+8.5 % |
| Eggs (regular) (12) |
2.77 € (2,815.50 CL$) |
3.57 € (3,627.49 CL$) |
+28.8 % |
| Local Cheese (1 lb) |
6.06 € (6,148.18 CL$) |
4.64 € (4,712.34 CL$) |
-23.4 % |
| Chicken Fillets (1 lb) |
3.46 € (3,511.87 CL$) |
2.82 € (2,860.47 CL$) |
-18.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.33 € (6,418.78 CL$) |
5.40 € (5,480.56 CL$) |
-14.6 % |
| Apples (1 lb) |
1.02 € (1,035.75 CL$) |
0.85 € (865.93 CL$) |
-16.4 % |
| Banana (1 lb) |
0.82 € (831.47 CL$) |
0.69 € (697.95 CL$) |
-16.1 % |
| Oranges (1 lb) |
0.80 € (813.41 CL$) |
0.75 € (761.76 CL$) |
-6.4 % |
| Tomato (1 lb) |
1.04 € (1,052.56 CL$) |
0.76 € (771.58 CL$) |
-26.7 % |
| Potato (1 lb) |
0.64 € (651.90 CL$) |
0.68 € (691.23 CL$) |
+6.0 % |
| Onion (1 lb) |
0.69 € (697.18 CL$) |
0.61 € (615.49 CL$) |
-11.7 % |
| Lettuce (1 head) |
1.20 € (1,213.86 CL$) |
1.04 € (1,055.17 CL$) |
-13.1 % |
| Water (1.5 liter bottle) |
0.87 € (885.78 CL$) |
1.12 € (1,138.69 CL$) |
+28.6 % |
| Bottle of Wine (Mid-Range) |
6.00 € (6,088.09 CL$) |
4.93 € (5,000.00 CL$) |
-17.9 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (1,235.72 CL$) |
1.31 € (1,330.25 CL$) |
+7.6 % |
| Imported Beer (12 oz small bottle) |
1.76 € (1,781.38 CL$) |
2.28 € (2,312.38 CL$) |
+29.8 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (5,732.95 CL$) |
4.93 € (5,000.00 CL$) |
-12.8 % |
Transportation | Madrid Edit |
Santiago Edit | |
| One-way Ticket (Local Transport) |
1.50 € (1,522.02 CL$) |
0.79 € (800.00 CL$) |
-47.4 % |
| Monthly Pass (Regular Price) |
40.00 € (40,587.27 CL$) |
39.42 € (40,000.00 CL$) |
-1.4 % |
| Taxi Start (Normal Tariff) |
3.00 € (3,044.05 CL$) |
0.39 € (400.00 CL$) |
-86.9 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (1,959.57 CL$) |
2.18 € (2,212.85 CL$) |
+12.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (22,323.00 CL$) |
8.87 € (9,000.00 CL$) |
-59.7 % |
| Gasoline (1 gallon) |
6.23 € (6,321.36 CL$) |
4.82 € (4,893.84 CL$) |
-22.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (33,854,860.28 CL$) |
15,768.49 € (16,000,000.00 CL$) |
-52.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (28,025,245.97 CL$) |
18,420.46 € (18,690,909.09 CL$) |
-33.3 % |
Utilities (Monthly) | Madrid Edit |
Santiago Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
142.24 € (144,326.90 CL$) |
141.71 € (143,792.49 CL$) |
-0.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.88 € (14,085.87 CL$) |
10.77 € (10,924.29 CL$) |
-22.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.76 € (30,193.37 CL$) |
20.12 € (20,418.46 CL$) |
-32.4 % |
Sports And Leisure | Madrid Edit |
Santiago Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.57 € (44,211.14 CL$) |
36.90 € (37,438.46 CL$) |
-15.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.91 € (10,060.57 CL$) |
18.28 € (18,550.34 CL$) |
+84.4 % |
| Cinema, International Release, 1 Seat |
10.00 € (10,146.82 CL$) |
5.72 € (5,800.00 CL$) |
-42.8 % |
Childcare | Madrid Edit |
Santiago Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
491.92 € (499,145.42 CL$) |
368.54 € (373,949.98 CL$) |
-25.1 % |
| International Primary School, Yearly for 1 Child |
8,661.90 € (8,789,077.64 CL$) |
5,996.98 € (6,085,031.04 CL$) |
-30.8 % |
Clothing And Shoes | Madrid Edit |
Santiago Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.75 € (69,759.38 CL$) |
49.33 € (50,051.21 CL$) |
-28.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
28.30 € (28,717.90 CL$) |
29.27 € (29,704.29 CL$) |
+3.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
76.31 € (77,427.14 CL$) |
67.60 € (68,595.60 CL$) |
-11.4 % |
| 1 Pair of Men Leather Business Shoes |
84.43 € (85,666.01 CL$) |
72.81 € (73,878.46 CL$) |
-13.8 % |
Rent Per Month | Madrid Edit |
Santiago Edit | |
| Apartment (1 bedroom) in City Centre |
1,258.75 € (1,277,230.79 CL$) |
493.11 € (500,354.73 CL$) |
-60.8 % |
| Apartment (1 bedroom) Outside of Centre |
905.83 € (919,132.65 CL$) |
417.66 € (423,793.10 CL$) |
-53.9 % |
| Apartment (3 bedrooms) in City Centre |
2,154.81 € (2,186,444.28 CL$) |
842.20 € (854,561.53 CL$) |
-60.9 % |
| Apartment (3 bedrooms) Outside of Centre |
1,554.35 € (1,577,168.54 CL$) |
751.30 € (762,333.33 CL$) |
-51.7 % |
Buy Apartment Price | Madrid Edit |
Santiago Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
421.98 € (428,174.65 CL$) |
209.26 € (212,336.96 CL$) |
-50.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
238.41 € (241,910.75 CL$) |
223.74 € (227,029.56 CL$) |
-6.2 % |
Salaries And Financing | Madrid Edit |
Santiago Edit | |
| Average Monthly Net Salary (After Tax) |
2,399.51 € (2,434,740.50 CL$) |
651.88 € (661,450.68 CL$) |
-72.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.53 | 5.28 | +109.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 530 | 181 |
Moving to Madrid? Explore:
Moving to Santiago? 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 Santiago: | Cost of Living in San Bernardo | 16.18 miles |
| Cost of Living in Valparaiso | 73.75 miles |
| Cost of Living in Vina del Mar | 86.99 miles |
| Cost of Living in Linares | 196.99 miles |