Cost of Living Comparison Between Madrid and Istanbul 
| Indices Difference |  |
|---|---|
| Consumer Prices in Istanbul are 25.0% lower than in Madrid (without rent) | |
| Consumer Prices Including Rent in Istanbul are 30.7% lower than in Madrid | |
| Rent Prices in Istanbul are 41.0% lower than in Madrid | |
| Restaurant Prices in Istanbul are 28.2% lower than in Madrid | |
| Groceries Prices in Istanbul are 28.1% lower than in Madrid | |
| Local Purchasing Power in Istanbul is 57.1% lower than in Madrid | |
Restaurants | Madrid Edit |
Istanbul Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (483.89 TL) |
8.68 € (300.00 TL) |
-38.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,073.80 TL) |
43.40 € (1,500.00 TL) |
-27.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.00 € (311.07 TL) |
6.51 € (225.00 TL) |
-27.7 % |
| Domestic Beer (1 pint draught) |
3.50 € (120.97 TL) |
3.18 € (110.00 TL) |
-9.1 % |
| Imported Beer (12 oz small bottle) |
3.50 € (120.97 TL) |
4.34 € (150.00 TL) |
+24.0 % |
| Cappuccino (regular) |
2.35 € (81.39 TL) |
2.70 € (93.24 TL) |
+14.6 % |
| Coke/Pepsi (12 oz small bottle) |
2.41 € (83.26 TL) |
1.16 € (40.11 TL) |
-51.8 % |
| Water (12 oz small bottle) |
1.59 € (54.90 TL) |
0.51 € (17.51 TL) |
-68.1 % |
Markets | Madrid Edit |
Istanbul Edit | |
| Milk (regular), (1 gallon) |
4.00 € (138.41 TL) |
4.07 € (140.66 TL) |
+1.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.38 € (47.61 TL) |
0.49 € (17.08 TL) |
-64.1 % |
| Rice (white), (1 lb) |
0.67 € (23.03 TL) |
0.79 € (27.40 TL) |
+19.0 % |
| Eggs (regular) (12) |
2.76 € (95.34 TL) |
1.98 € (68.40 TL) |
-28.3 % |
| Local Cheese (1 lb) |
6.03 € (208.51 TL) |
3.55 € (122.86 TL) |
-41.1 % |
| Chicken Fillets (1 lb) |
3.45 € (119.14 TL) |
2.36 € (81.42 TL) |
-31.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.24 € (215.81 TL) |
6.69 € (231.13 TL) |
+7.1 % |
| Apples (1 lb) |
1.01 € (34.98 TL) |
0.51 € (17.68 TL) |
-49.5 % |
| Banana (1 lb) |
0.80 € (27.67 TL) |
0.76 € (26.26 TL) |
-5.1 % |
| Oranges (1 lb) |
0.78 € (26.97 TL) |
0.39 € (13.51 TL) |
-49.9 % |
| Tomato (1 lb) |
1.01 € (35.05 TL) |
0.54 € (18.51 TL) |
-47.2 % |
| Potato (1 lb) |
0.64 € (21.95 TL) |
0.32 € (11.02 TL) |
-49.8 % |
| Onion (1 lb) |
0.67 € (23.07 TL) |
0.24 € (8.34 TL) |
-63.8 % |
| Lettuce (1 head) |
1.18 € (40.64 TL) |
0.93 € (31.98 TL) |
-21.3 % |
| Water (1.5 liter bottle) |
0.85 € (29.34 TL) |
0.38 € (13.22 TL) |
-54.9 % |
| Bottle of Wine (Mid-Range) |
6.00 € (207.38 TL) |
8.68 € (300.00 TL) |
+44.7 % |
| Domestic Beer (0.5 liter bottle) |
1.19 € (40.97 TL) |
1.69 € (58.55 TL) |
+42.9 % |
| Imported Beer (12 oz small bottle) |
1.76 € (60.87 TL) |
2.39 € (82.70 TL) |
+35.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (194.42 TL) |
1.74 € (60.00 TL) |
-69.1 % |
Transportation | Madrid Edit |
Istanbul Edit | |
| One-way Ticket (Local Transport) |
1.50 € (51.84 TL) |
0.51 € (17.70 TL) |
-65.9 % |
| Monthly Pass (Regular Price) |
40.00 € (1,382.53 TL) |
40.16 € (1,388.00 TL) |
+0.4 % |
| Taxi Start (Normal Tariff) |
3.00 € (103.69 TL) |
0.72 € (25.00 TL) |
-75.9 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (66.75 TL) |
0.82 € (28.36 TL) |
-57.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (760.39 TL) |
6.51 € (225.00 TL) |
-70.4 % |
| Gasoline (1 gallon) |
6.23 € (215.33 TL) |
4.36 € (150.62 TL) |
-30.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,153,205.22 TL) |
40,143.71 € (1,387,500.00 TL) |
+20.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (954,629.84 TL) |
40,761.58 € (1,408,855.72 TL) |
+47.6 % |
Utilities (Monthly) | Madrid Edit |
Istanbul Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
140.50 € (4,856.00 TL) |
53.79 € (1,859.13 TL) |
-61.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.79 € (476.64 TL) |
7.81 € (269.84 TL) |
-43.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.87 € (1,032.46 TL) |
10.18 € (351.95 TL) |
-65.9 % |
Sports And Leisure | Madrid Edit |
Istanbul Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.72 € (1,511.14 TL) |
36.81 € (1,272.32 TL) |
-15.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
10.24 € (353.94 TL) |
12.70 € (438.89 TL) |
+24.0 % |
| Cinema, International Release, 1 Seat |
10.00 € (345.63 TL) |
5.79 € (200.00 TL) |
-42.1 % |
Childcare | Madrid Edit |
Istanbul Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
492.60 € (17,025.89 TL) |
493.77 € (17,066.50 TL) |
+0.2 % |
| International Primary School, Yearly for 1 Child |
8,650.00 € (298,972.73 TL) |
10,392.03 € (359,183.09 TL) |
+20.1 % |
Clothing And Shoes | Madrid Edit |
Istanbul Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
69.01 € (2,385.27 TL) |
43.51 € (1,503.70 TL) |
-37.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
27.70 € (957.57 TL) |
31.64 € (1,093.56 TL) |
+14.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
76.25 € (2,635.45 TL) |
82.22 € (2,841.76 TL) |
+7.8 % |
| 1 Pair of Men Leather Business Shoes |
82.44 € (2,849.50 TL) |
73.55 € (2,542.17 TL) |
-10.8 % |
Rent Per Month | Madrid Edit |
Istanbul Edit | |
| Apartment (1 bedroom) in City Centre |
1,240.47 € (42,874.82 TL) |
718.22 € (24,823.99 TL) |
-42.1 % |
| Apartment (1 bedroom) Outside of Centre |
897.60 € (31,024.04 TL) |
458.59 € (15,850.45 TL) |
-48.9 % |
| Apartment (3 bedrooms) in City Centre |
2,137.50 € (73,879.10 TL) |
1,400.22 € (48,396.18 TL) |
-34.5 % |
| Apartment (3 bedrooms) Outside of Centre |
1,531.91 € (52,948.07 TL) |
849.06 € (29,346.38 TL) |
-44.6 % |
Buy Apartment Price | Madrid Edit |
Istanbul Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
411.40 € (14,219.26 TL) |
286.16 € (9,890.75 TL) |
-30.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
237.06 € (8,193.43 TL) |
150.06 € (5,186.66 TL) |
-36.7 % |
Salaries And Financing | Madrid Edit |
Istanbul Edit | |
| Average Monthly Net Salary (After Tax) |
2,460.23 € (85,033.72 TL) |
730.65 € (25,253.57 TL) |
-70.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.49 | 43.02 | +1,630.9 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 536 | 1268 |
Moving to Madrid? Explore:
Moving to Istanbul? 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 Istanbul: | Cost of Living in Esenyurt | 19.48 miles |
| Cost of Living in Kocaeli | 62.63 miles |
| Cost of Living in Bursa | 164.05 miles |
| Cost of Living in Zonguldak | 210.49 miles |
| Cost of Living in Eskisehir | 220.30 miles |