Cost of Living Comparison Between Madrid and Athens 

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Indices DifferenceInfo
Consumer Prices in Athens are 0.4% higher than in Madrid (without rent)
Consumer Prices Including Rent in Athens are 16.8% lower than in Madrid
Rent Prices in Athens are 48.1% lower than in Madrid
Restaurant Prices in Athens are 1.0% lower than in Madrid
Groceries Prices in Athens are 2.5% lower than in Madrid
Local Purchasing Power in Athens is 49.3% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Athens Edit Difference
Meal, Inexpensive Restaurant 14.00 € 15.00 €      +7.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 50.00 €      -16.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 € 9.00 €      -5.5 %
Domestic Beer (1 pint draught) 3.50 € 5.00 €      +42.9 %
Imported Beer (12 oz small bottle) 4.00 € 5.00 €      +25.0 %
Cappuccino (regular) 2.42 € 3.34 €      +37.9 %
Coke/Pepsi (12 oz small bottle) 2.50 € 1.96 €      -21.7 %
Water (12 oz small bottle) 1.67 € 0.50 €      -70.1 %
Markets
Madrid Edit Athens Edit
Milk (regular), (1 gallon) 4.03 € 5.84 €      +45.2 %
Loaf of Fresh White Bread (1 lb) 1.45 € 1.11 €      -23.8 %
Rice (white), (1 lb) 0.68 € 1.11 €      +63.4 %
Eggs (regular) (12) 2.79 € 4.32 €      +55.2 %
Local Cheese (1 lb) 6.42 € 5.80 €      -9.7 %
Chicken Fillets (1 lb) 3.58 € 4.65 €      +29.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.53 € 5.84 €      -10.6 %
Apples (1 lb) 1.06 € 0.79 €      -24.9 %
Banana (1 lb) 0.82 € 0.81 €      -0.8 %
Oranges (1 lb) 0.89 € 0.55 €      -38.2 %
Tomato (1 lb) 1.04 € 0.89 €      -14.5 %
Potato (1 lb) 0.67 € 0.53 €      -21.3 %
Onion (1 lb) 0.71 € 0.55 €      -22.4 %
Lettuce (1 head) 1.22 € 0.97 €      -20.8 %
Water (1.5 liter bottle) 0.90 € 0.87 €      -3.5 %
Bottle of Wine (Mid-Range) 6.00 € 8.00 €      +33.3 %
Domestic Beer (0.5 liter bottle) 1.22 € 1.56 €      +28.0 %
Imported Beer (12 oz small bottle) 1.86 € 2.23 €      +19.9 %
Cigarettes 20 Pack (Marlboro) 5.65 € 4.60 €      -18.6 %
Transportation
Madrid Edit Athens Edit
One-way Ticket (Local Transport) 1.50 € 1.20 €      -20.0 %
Monthly Pass (Regular Price) 50.00 € 30.00 €      -40.0 %
Taxi Start (Normal Tariff) 3.12 € 4.00 €      +28.0 %
Taxi 1 mile (Normal Tariff) 2.09 € 1.45 €      -30.8 %
Taxi 1hour Waiting (Normal Tariff) 22.25 € 15.00 €      -32.6 %
Gasoline (1 gallon) 6.26 € 7.07 €      +12.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 25,650.00 €      -23.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 24,579.78 €      -11.0 %
Utilities (Monthly)
Madrid Edit Athens Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 148.90 € 198.75 €      +33.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.53 € 24.94 €      +60.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.06 € 30.14 €      -3.0 %
Sports And Leisure
Madrid Edit Athens Edit
Fitness Club, Monthly Fee for 1 Adult 44.75 € 42.64 €      -4.7 %
Tennis Court Rent (1 Hour on Weekend) 13.23 € 23.20 €      +75.4 %
Cinema, International Release, 1 Seat 10.00 € 9.00 €      -10.0 %
Childcare
Madrid Edit Athens Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 501.60 € 442.53 €      -11.8 %
International Primary School, Yearly for 1 Child 9,214.29 € 9,593.33 €      +4.1 %
Clothing And Shoes
Madrid Edit Athens Edit
1 Pair of Jeans (Levis 501 Or Similar) 77.51 € 82.38 €      +6.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.33 € 32.14 €      +2.6 %
1 Pair of Nike Running Shoes (Mid-Range) 80.51 € 87.78 €      +9.0 %
1 Pair of Men Leather Business Shoes 92.28 € 106.76 €      +15.7 %
Rent Per Month
Madrid Edit Athens Edit
Apartment (1 bedroom) in City Centre 1,272.00 € 585.83 €      -53.9 %
Apartment (1 bedroom) Outside of Centre 922.98 € 490.88 €      -46.8 %
Apartment (3 bedrooms) in City Centre 2,187.00 € 1,084.15 €      -50.4 %
Apartment (3 bedrooms) Outside of Centre 1,575.56 € 928.75 €      -41.1 %
Buy Apartment Price
Madrid Edit Athens Edit
Price per Square Feet to Buy Apartment in City Centre 432.40 € 276.44 €      -36.1 %
Price per Square Feet to Buy Apartment Outside of Centre 252.20 € 258.95 €      +2.7 %
Salaries And Financing
Madrid Edit Athens Edit
Average Monthly Net Salary (After Tax) 2,284.03 € 963.42 €      -57.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.80 4.55      +62.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:517623