Cost of Living Comparison Between Madrid and Tel Aviv-Yafo 

Indices DifferenceInfo
Consumer Prices in Tel Aviv-Yafo are 34.5% higher than in Madrid (without rent)
Consumer Prices Including Rent in Tel Aviv-Yafo are 31.9% higher than in Madrid
Rent Prices in Tel Aviv-Yafo are 27.4% higher than in Madrid
Restaurant Prices in Tel Aviv-Yafo are 46.7% higher than in Madrid
Groceries Prices in Tel Aviv-Yafo are 33.4% higher than in Madrid
Local Purchasing Power in Tel Aviv-Yafo is 9.2% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Tel Aviv-Yafo Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(56.79 ₪)
18.49 €
(75.00 ₪)
     +32.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(243.40 ₪)
88.74 €
(360.00 ₪)
     +47.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.03 €
(36.61 ₪)
14.79 €
(60.00 ₪)
     +63.9 %
Domestic Beer (1 pint draught) 3.50 €
(14.20 ₪)
8.13 €
(33.00 ₪)
     +132.4 %
Imported Beer (12 oz small bottle) 3.70 €
(15.01 ₪)
7.40 €
(30.00 ₪)
     +99.9 %
Cappuccino (regular) 2.35 €
(9.55 ₪)
3.66 €
(14.84 ₪)
     +55.3 %
Coke/Pepsi (12 oz small bottle) 2.43 €
(9.86 ₪)
2.58 €
(10.47 ₪)
     +6.2 %
Water (12 oz small bottle) 1.58 €
(6.39 ₪)
2.16 €
(8.78 ₪)
     +37.4 %
Markets
Madrid Edit Tel Aviv-Yafo Edit
Milk (regular), (1 gallon) 4.02 €
(16.32 ₪)
6.34 €
(25.73 ₪)
     +57.7 %
Loaf of Fresh White Bread (1 lb) 1.33 €
(5.39 ₪)
2.19 €
(8.87 ₪)
     +64.5 %
Rice (white), (1 lb) 0.66 €
(2.66 ₪)
1.21 €
(4.90 ₪)
     +83.8 %
Eggs (regular) (12) 2.77 €
(11.23 ₪)
3.58 €
(14.51 ₪)
     +29.2 %
Local Cheese (1 lb) 5.76 €
(23.38 ₪)
5.63 €
(22.83 ₪)
     -2.4 %
Chicken Fillets (1 lb) 3.39 €
(13.73 ₪)
4.88 €
(19.79 ₪)
     +44.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(24.98 ₪)
8.47 €
(34.34 ₪)
     +37.5 %
Apples (1 lb) 1.00 €
(4.04 ₪)
1.47 €
(5.97 ₪)
     +47.7 %
Banana (1 lb) 0.79 €
(3.22 ₪)
0.96 €
(3.89 ₪)
     +20.8 %
Oranges (1 lb) 0.80 €
(3.25 ₪)
0.78 €
(3.15 ₪)
     -3.2 %
Tomato (1 lb) 1.03 €
(4.18 ₪)
0.89 €
(3.62 ₪)
     -13.5 %
Potato (1 lb) 0.62 €
(2.51 ₪)
0.64 €
(2.60 ₪)
     +3.7 %
Onion (1 lb) 0.67 €
(2.70 ₪)
0.64 €
(2.59 ₪)
     -4.2 %
Lettuce (1 head) 1.20 €
(4.85 ₪)
1.88 €
(7.61 ₪)
     +56.8 %
Water (1.5 liter bottle) 0.87 €
(3.53 ₪)
1.15 €
(4.65 ₪)
     +32.0 %
Bottle of Wine (Mid-Range) 6.00 €
(24.34 ₪)
12.33 €
(50.00 ₪)
     +105.4 %
Domestic Beer (0.5 liter bottle) 1.14 €
(4.64 ₪)
2.50 €
(10.14 ₪)
     +118.4 %
Imported Beer (12 oz small bottle) 1.76 €
(7.12 ₪)
2.96 €
(12.00 ₪)
     +68.4 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(22.82 ₪)
9.37 €
(38.00 ₪)
     +66.5 %
Transportation
Madrid Edit Tel Aviv-Yafo Edit
One-way Ticket (Local Transport) 1.50 €
(6.09 ₪)
1.48 €
(6.00 ₪)
     -1.4 %
Monthly Pass (Regular Price) 40.00 €
(162.27 ₪)
57.68 €
(234.00 ₪)
     +44.2 %
Taxi Start (Normal Tariff) 3.00 €
(12.17 ₪)
3.45 €
(14.00 ₪)
     +15.0 %
Taxi 1 mile (Normal Tariff) 1.93 €
(7.83 ₪)
1.49 €
(6.04 ₪)
     -23.0 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(89.25 ₪)
28.55 €
(115.80 ₪)
     +29.8 %
Gasoline (1 gallon) 6.22 €
(25.23 ₪)
6.61 €
(26.82 ₪)
     +6.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(135,352.64 ₪)
36,975.64 €
(150,000.00 ₪)
     +10.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(112,045.69 ₪)
37,048.95 €
(150,297.43 ₪)
     +34.1 %
Utilities (Monthly)
Madrid Edit Tel Aviv-Yafo Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.32 €
(577.37 ₪)
225.38 €
(914.32 ₪)
     +58.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.27 €
(57.88 ₪)
9.59 €
(38.91 ₪)
     -32.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.92 €
(121.38 ₪)
26.12 €
(105.94 ₪)
     -12.7 %
Sports And Leisure
Madrid Edit Tel Aviv-Yafo Edit
Fitness Club, Monthly Fee for 1 Adult 43.66 €
(177.11 ₪)
70.38 €
(285.52 ₪)
     +61.2 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(40.22 ₪)
17.03 €
(69.09 ₪)
     +71.8 %
Cinema, International Release, 1 Seat 10.00 €
(40.57 ₪)
11.09 €
(45.00 ₪)
     +10.9 %
Childcare
Madrid Edit Tel Aviv-Yafo Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 484.60 €
(1,965.89 ₪)
1,052.78 €
(4,270.83 ₪)
     +117.2 %
International Primary School, Yearly for 1 Child 8,904.55 €
(36,123.29 ₪)
19,966.84 €
(81,000.00 ₪)
     +124.2 %
Clothing And Shoes
Madrid Edit Tel Aviv-Yafo Edit
1 Pair of Jeans (Levis 501 Or Similar) 69.95 €
(283.77 ₪)
93.01 €
(377.33 ₪)
     +33.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.66 €
(116.27 ₪)
54.71 €
(221.96 ₪)
     +90.9 %
1 Pair of Nike Running Shoes (Mid-Range) 76.80 €
(311.57 ₪)
113.88 €
(462.00 ₪)
     +48.3 %
1 Pair of Men Leather Business Shoes 85.24 €
(345.81 ₪)
125.01 €
(507.14 ₪)
     +46.7 %
Rent Per Month
Madrid Edit Tel Aviv-Yafo Edit
Apartment (1 bedroom) in City Centre 1,235.09 €
(5,010.42 ₪)
1,611.76 €
(6,538.46 ₪)
     +30.5 %
Apartment (1 bedroom) Outside of Centre 897.84 €
(3,642.30 ₪)
1,181.68 €
(4,793.75 ₪)
     +31.6 %
Apartment (3 bedrooms) in City Centre 2,151.82 €
(8,729.34 ₪)
2,719.36 €
(11,031.71 ₪)
     +26.4 %
Apartment (3 bedrooms) Outside of Centre 1,547.96 €
(6,279.65 ₪)
1,920.27 €
(7,790.00 ₪)
     +24.1 %
Buy Apartment Price
Madrid Edit Tel Aviv-Yafo Edit
Price per Square Feet to Buy Apartment in City Centre 432.63 €
(1,755.06 ₪)
1,491.21 €
(6,049.44 ₪)
     +244.7 %
Price per Square Feet to Buy Apartment Outside of Centre 244.74 €
(992.83 ₪)
1,028.35 €
(4,171.73 ₪)
     +320.2 %
Salaries And Financing
Madrid Edit Tel Aviv-Yafo Edit
Average Monthly Net Salary (After Tax) 2,358.97 €
(9,569.68 ₪)
2,827.45 €
(11,470.20 ₪)
     +19.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.61 4.34      +66.6 %
Last update: April 2024April 2024
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