Cost of Living Comparison Between Madrid and Milan 

Indices DifferenceInfo
Consumer Prices in Milan are 33.8% higher than in Madrid (without rent)
Consumer Prices Including Rent in Milan are 30.6% higher than in Madrid
Rent Prices in Milan are 24.9% higher than in Madrid
Restaurant Prices in Milan are 32.0% higher than in Madrid
Groceries Prices in Milan are 34.8% higher than in Madrid
Local Purchasing Power in Milan is 43.0% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Milan Edit Difference
Meal, Inexpensive Restaurant 14.00 € 20.00 €      +42.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 80.00 €      +33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 10.00 €      +11.1 %
Domestic Beer (1 pint draught) 3.50 € 6.00 €      +71.4 %
Imported Beer (12 oz small bottle) 3.70 € 5.00 €      +35.1 %
Cappuccino (regular) 2.35 € 1.95 €      -17.0 %
Coke/Pepsi (12 oz small bottle) 2.41 € 2.85 €      +17.9 %
Water (12 oz small bottle) 1.56 € 1.45 €      -7.4 %
Markets
Madrid Edit Milan Edit
Milk (regular), (1 gallon) 4.04 € 5.95 €      +47.2 %
Loaf of Fresh White Bread (1 lb) 1.32 € 2.17 €      +64.0 %
Rice (white), (1 lb) 0.64 € 1.54 €      +140.0 %
Eggs (regular) (12) 2.78 € 3.99 €      +43.6 %
Local Cheese (1 lb) 5.86 € 7.27 €      +23.9 %
Chicken Fillets (1 lb) 3.42 € 5.44 €      +59.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 € 9.18 €      +49.0 %
Apples (1 lb) 1.01 € 1.04 €      +3.3 %
Banana (1 lb) 0.80 € 0.90 €      +11.7 %
Oranges (1 lb) 0.81 € 1.13 €      +38.5 %
Tomato (1 lb) 1.04 € 1.58 €      +52.0 %
Potato (1 lb) 0.62 € 0.76 €      +21.6 %
Onion (1 lb) 0.67 € 0.75 €      +10.7 %
Lettuce (1 head) 1.19 € 1.31 €      +9.9 %
Water (1.5 liter bottle) 0.86 € 0.52 €      -39.7 %
Bottle of Wine (Mid-Range) 6.00 € 7.00 €      +16.7 %
Domestic Beer (0.5 liter bottle) 1.14 € 1.82 €      +59.1 %
Imported Beer (12 oz small bottle) 1.78 € 2.14 €      +20.7 %
Cigarettes 20 Pack (Marlboro) 5.60 € 6.00 €      +7.1 %
Transportation
Madrid Edit Milan Edit
One-way Ticket (Local Transport) 1.50 € 2.20 €      +46.7 %
Monthly Pass (Regular Price) 40.00 € 39.00 €      -2.5 %
Taxi Start (Normal Tariff) 3.00 € 7.00 €      +133.3 %
Taxi 1 mile (Normal Tariff) 1.93 € 3.22 €      +66.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 33.27 €      +51.2 %
Gasoline (1 gallon) 6.21 € 7.05 €      +13.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,182.50 € 28,000.00 €      -15.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,043.06 € 30,842.86 €      +14.1 %
Utilities (Monthly)
Madrid Edit Milan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 136.49 € 262.36 €      +92.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.30 € 9.20 €      -35.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.38 € 26.95 €      -8.3 %
Sports And Leisure
Madrid Edit Milan Edit
Fitness Club, Monthly Fee for 1 Adult 44.08 € 64.60 €      +46.6 %
Tennis Court Rent (1 Hour on Weekend) 10.06 € 31.91 €      +217.0 %
Cinema, International Release, 1 Seat 10.00 € 10.00 €      0.0 %
Childcare
Madrid Edit Milan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 488.60 € 803.40 €      +64.4 %
International Primary School, Yearly for 1 Child 9,115.00 € 13,172.09 €      +44.5 %
Clothing And Shoes
Madrid Edit Milan Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.31 € 93.31 €      +38.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.28 € 36.04 €      +27.5 %
1 Pair of Nike Running Shoes (Mid-Range) 75.76 € 99.28 €      +31.1 %
1 Pair of Men Leather Business Shoes 83.39 € 143.88 €      +72.5 %
Rent Per Month
Madrid Edit Milan Edit
Apartment (1 bedroom) in City Centre 1,212.02 € 1,432.09 €      +18.2 %
Apartment (1 bedroom) Outside of Centre 887.81 € 951.34 €      +7.2 %
Apartment (3 bedrooms) in City Centre 2,122.12 € 2,908.42 €      +37.1 %
Apartment (3 bedrooms) Outside of Centre 1,518.00 € 1,879.14 €      +23.8 %
Buy Apartment Price
Madrid Edit Milan Edit
Price per Square Feet to Buy Apartment in City Centre 413.75 € 841.90 €      +103.5 %
Price per Square Feet to Buy Apartment Outside of Centre 239.72 € 446.03 €      +86.1 %
Salaries And Financing
Madrid Edit Milan Edit
Average Monthly Net Salary (After Tax) 2,328.68 € 1,732.55 €      -25.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.57 4.39      +71.0 %
Last update: April 2024April 2024
Contributors in the past 12 months:568388