Cost of Living Comparison Between Madrid and London 

Indices DifferenceInfo
Consumer Prices in London are 53.5% higher than in Madrid (without rent)
Consumer Prices Including Rent in London are 79.3% higher than in Madrid
Rent Prices in London are 126.4% higher than in Madrid
Restaurant Prices in London are 56.2% higher than in Madrid
Groceries Prices in London are 33.0% higher than in Madrid
Local Purchasing Power in London is 13.7% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit London Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(12.06 £)
23.22 €
(20.00 £)
     +65.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(51.69 £)
92.86 €
(80.00 £)
     +54.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(7.75 £)
9.29 €
(8.00 £)
     +3.2 %
Domestic Beer (1 pint draught) 3.50 €
(3.02 £)
7.55 €
(6.50 £)
     +115.6 %
Imported Beer (12 oz small bottle) 3.50 €
(3.02 £)
6.38 €
(5.50 £)
     +82.4 %
Cappuccino (regular) 2.35 €
(2.03 £)
4.18 €
(3.60 £)
     +77.7 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(2.07 £)
2.24 €
(1.93 £)
     -6.5 %
Water (12 oz small bottle) 1.55 €
(1.33 £)
1.88 €
(1.62 £)
     +21.4 %
Markets
Madrid Edit London Edit
Milk (regular), (1 gallon) 4.04 €
(3.48 £)
5.72 €
(4.93 £)
     +41.7 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(1.14 £)
1.66 €
(1.43 £)
     +25.5 %
Rice (white), (1 lb) 0.64 €
(0.55 £)
1.04 €
(0.90 £)
     +62.6 %
Eggs (regular) (12) 2.78 €
(2.39 £)
3.83 €
(3.30 £)
     +37.7 %
Local Cheese (1 lb) 5.86 €
(5.05 £)
4.04 €
(3.48 £)
     -31.1 %
Chicken Fillets (1 lb) 3.42 €
(2.94 £)
4.04 €
(3.48 £)
     +18.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(5.30 £)
6.76 €
(5.82 £)
     +9.8 %
Apples (1 lb) 1.01 €
(0.87 £)
1.29 €
(1.11 £)
     +27.6 %
Banana (1 lb) 0.80 €
(0.69 £)
0.66 €
(0.57 £)
     -17.6 %
Oranges (1 lb) 0.81 €
(0.70 £)
1.38 €
(1.19 £)
     +70.0 %
Tomato (1 lb) 1.04 €
(0.89 £)
1.60 €
(1.38 £)
     +54.3 %
Potato (1 lb) 0.62 €
(0.54 £)
0.66 €
(0.57 £)
     +6.2 %
Onion (1 lb) 0.67 €
(0.58 £)
0.62 €
(0.53 £)
     -8.4 %
Lettuce (1 head) 1.21 €
(1.04 £)
1.08 €
(0.93 £)
     -10.8 %
Water (1.5 liter bottle) 0.86 €
(0.74 £)
1.47 €
(1.27 £)
     +70.4 %
Bottle of Wine (Mid-Range) 6.00 €
(5.17 £)
10.45 €
(9.00 £)
     +74.1 %
Domestic Beer (0.5 liter bottle) 1.14 €
(0.99 £)
2.41 €
(2.08 £)
     +110.6 %
Imported Beer (12 oz small bottle) 1.80 €
(1.55 £)
2.83 €
(2.44 £)
     +56.7 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(4.85 £)
17.41 €
(15.00 £)
     +209.5 %
Transportation
Madrid Edit London Edit
One-way Ticket (Local Transport) 1.50 €
(1.29 £)
3.31 €
(2.85 £)
     +120.6 %
Monthly Pass (Regular Price) 40.00 €
(34.46 £)
232.16 €
(200.00 £)
     +480.4 %
Taxi Start (Normal Tariff) 3.00 €
(2.58 £)
4.64 €
(4.00 £)
     +54.8 %
Taxi 1 mile (Normal Tariff) 1.93 €
(1.66 £)
3.64 €
(3.13 £)
     +88.4 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(18.95 £)
34.82 €
(30.00 £)
     +58.3 %
Gasoline (1 gallon) 6.22 €
(5.36 £)
6.66 €
(5.73 £)
     +7.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(28,743.00 £)
30,830.97 €
(26,560.00 £)
     -7.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(23,793.62 £)
30,472.66 €
(26,251.33 £)
     +10.3 %
Utilities (Monthly)
Madrid Edit London Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 138.91 €
(119.66 £)
333.19 €
(287.04 £)
     +139.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.83 €
(11.91 £)
17.67 €
(15.22 £)
     +27.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.56 €
(25.47 £)
36.13 €
(31.12 £)
     +22.2 %
Sports And Leisure
Madrid Edit London Edit
Fitness Club, Monthly Fee for 1 Adult 43.66 €
(37.61 £)
54.86 €
(47.26 £)
     +25.7 %
Tennis Court Rent (1 Hour on Weekend) 9.80 €
(8.45 £)
15.85 €
(13.66 £)
     +61.7 %
Cinema, International Release, 1 Seat 10.00 €
(8.61 £)
17.41 €
(15.00 £)
     +74.1 %
Childcare
Madrid Edit London Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 489.04 €
(421.29 £)
2,136.28 €
(1,840.34 £)
     +336.8 %
International Primary School, Yearly for 1 Child 9,061.90 €
(7,806.57 £)
23,279.66 €
(20,054.76 £)
     +156.9 %
Clothing And Shoes
Madrid Edit London Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.77 €
(58.39 £)
96.40 €
(83.05 £)
     +42.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.62 €
(23.79 £)
46.39 €
(39.97 £)
     +68.0 %
1 Pair of Nike Running Shoes (Mid-Range) 74.79 €
(64.43 £)
103.44 €
(89.11 £)
     +38.3 %
1 Pair of Men Leather Business Shoes 81.70 €
(70.38 £)
111.82 €
(96.33 £)
     +36.9 %
Rent Per Month
Madrid Edit London Edit
Apartment (1 bedroom) in City Centre 1,201.00 €
(1,034.63 £)
2,606.97 €
(2,245.83 £)
     +117.1 %
Apartment (1 bedroom) Outside of Centre 878.92 €
(757.17 £)
1,889.79 €
(1,628.00 £)
     +115.0 %
Apartment (3 bedrooms) in City Centre 2,103.64 €
(1,812.22 £)
5,027.54 €
(4,331.08 £)
     +139.0 %
Apartment (3 bedrooms) Outside of Centre 1,505.42 €
(1,296.87 £)
3,357.40 €
(2,892.31 £)
     +123.0 %
Buy Apartment Price
Madrid Edit London Edit
Price per Square Feet to Buy Apartment in City Centre 418.31 €
(360.36 £)
1,522.05 €
(1,311.20 £)
     +263.9 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(205.38 £)
831.69 €
(716.48 £)
     +248.8 %
Salaries And Financing
Madrid Edit London Edit
Average Monthly Net Salary (After Tax) 2,385.29 €
(2,054.86 £)
3,690.74 €
(3,179.46 £)
     +54.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.50 5.60      +123.9 %
Last update: April 2024April 2024
Contributors in the past 12 months:574906