Cost of Living Comparison Between Madrid and Miami, FL 

Indices DifferenceInfo
Consumer Prices in Miami, FL are 43.5% higher than in Madrid (without rent)
Consumer Prices Including Rent in Miami, FL are 71.5% higher than in Madrid
Rent Prices in Miami, FL are 121.5% higher than in Madrid
Restaurant Prices in Miami, FL are 58.2% higher than in Madrid
Groceries Prices in Miami, FL are 42.3% higher than in Madrid
Local Purchasing Power in Miami, FL is 3.2% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Miami, FL Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(15.08 $)
23.22 €
(25.00 $)
     +65.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(64.61 $)
92.86 €
(100.00 $)
     +54.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 €
(10.26 $)
11.14 €
(12.00 $)
     +17.0 %
Domestic Beer (1 pint draught) 3.50 €
(3.77 $)
6.50 €
(7.00 $)
     +85.7 %
Imported Beer (12 oz small bottle) 3.50 €
(3.77 $)
7.43 €
(8.00 $)
     +112.3 %
Cappuccino (regular) 2.39 €
(2.57 $)
4.47 €
(4.82 $)
     +87.5 %
Coke/Pepsi (12 oz small bottle) 2.44 €
(2.63 $)
2.50 €
(2.69 $)
     +2.6 %
Water (12 oz small bottle) 1.59 €
(1.71 $)
1.99 €
(2.14 $)
     +25.3 %
Markets
Madrid Edit Miami, FL Edit
Milk (regular), (1 gallon) 4.02 €
(4.32 $)
4.10 €
(4.42 $)
     +2.1 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(1.48 $)
3.04 €
(3.28 $)
     +120.9 %
Rice (white), (1 lb) 0.66 €
(0.71 $)
1.65 €
(1.78 $)
     +149.8 %
Eggs (regular) (12) 2.77 €
(2.99 $)
3.61 €
(3.89 $)
     +30.0 %
Local Cheese (1 lb) 6.06 €
(6.52 $)
5.62 €
(6.05 $)
     -7.2 %
Chicken Fillets (1 lb) 3.46 €
(3.73 $)
4.41 €
(4.75 $)
     +27.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(6.81 $)
6.03 €
(6.50 $)
     -4.6 %
Apples (1 lb) 1.02 €
(1.10 $)
2.39 €
(2.58 $)
     +134.6 %
Banana (1 lb) 0.82 €
(0.88 $)
0.80 €
(0.86 $)
     -2.8 %
Oranges (1 lb) 0.80 €
(0.86 $)
1.56 €
(1.68 $)
     +94.6 %
Tomato (1 lb) 1.04 €
(1.12 $)
1.88 €
(2.03 $)
     +81.5 %
Potato (1 lb) 0.64 €
(0.69 $)
1.00 €
(1.08 $)
     +55.8 %
Onion (1 lb) 0.69 €
(0.74 $)
1.28 €
(1.38 $)
     +86.2 %
Lettuce (1 head) 1.20 €
(1.29 $)
2.38 €
(2.56 $)
     +98.6 %
Water (1.5 liter bottle) 0.87 €
(0.94 $)
1.92 €
(2.07 $)
     +120.1 %
Bottle of Wine (Mid-Range) 6.00 €
(6.46 $)
12.06 €
(12.99 $)
     +101.1 %
Domestic Beer (0.5 liter bottle) 1.22 €
(1.31 $)
1.85 €
(2.00 $)
     +52.2 %
Imported Beer (12 oz small bottle) 1.76 €
(1.89 $)
2.20 €
(2.37 $)
     +25.3 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(6.08 $)
8.36 €
(9.00 $)
     +47.9 %
Transportation
Madrid Edit Miami, FL Edit
One-way Ticket (Local Transport) 1.50 €
(1.62 $)
2.09 €
(2.25 $)
     +39.3 %
Monthly Pass (Regular Price) 40.00 €
(43.07 $)
106.79 €
(115.00 $)
     +167.0 %
Taxi Start (Normal Tariff) 3.00 €
(3.23 $)
2.76 €
(2.98 $)
     -7.9 %
Taxi 1 mile (Normal Tariff) 1.93 €
(2.08 $)
1.95 €
(2.10 $)
     +1.0 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(23.69 $)
22.29 €
(24.00 $)
     +1.3 %
Gasoline (1 gallon) 6.23 €
(6.71 $)
3.23 €
(3.48 $)
     -48.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(35,928.50 $)
32,502.75 €
(35,000.00 $)
     -2.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(29,741.82 $)
23,174.64 €
(24,955.19 $)
     -16.1 %
Utilities (Monthly)
Madrid Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.24 €
(153.17 $)
157.97 €
(170.11 $)
     +11.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 €
(14.95 $)
52.88 €
(56.94 $)
     +280.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.76 €
(32.04 $)
57.42 €
(61.83 $)
     +93.0 %
Sports And Leisure
Madrid Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 €
(46.92 $)
63.30 €
(68.17 $)
     +45.3 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(10.68 $)
22.15 €
(23.86 $)
     +123.4 %
Cinema, International Release, 1 Seat 10.00 €
(10.77 $)
13.93 €
(15.00 $)
     +39.3 %
Childcare
Madrid Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 €
(529.72 $)
1,079.56 €
(1,162.50 $)
     +119.5 %
International Primary School, Yearly for 1 Child 8,661.90 €
(9,327.42 $)
26,311.75 €
(28,333.33 $)
     +203.8 %
Clothing And Shoes
Madrid Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 €
(74.03 $)
43.18 €
(46.50 $)
     -37.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.30 €
(30.48 $)
40.05 €
(43.12 $)
     +41.5 %
1 Pair of Nike Running Shoes (Mid-Range) 76.31 €
(82.17 $)
74.55 €
(80.28 $)
     -2.3 %
1 Pair of Men Leather Business Shoes 84.43 €
(90.91 $)
89.77 €
(96.67 $)
     +6.3 %
Rent Per Month
Madrid Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 1,258.75 €
(1,355.46 $)
2,586.16 €
(2,784.86 $)
     +105.5 %
Apartment (1 bedroom) Outside of Centre 905.83 €
(975.43 $)
1,977.73 €
(2,129.68 $)
     +118.3 %
Apartment (3 bedrooms) in City Centre 2,154.81 €
(2,320.37 $)
5,017.40 €
(5,402.90 $)
     +132.8 %
Apartment (3 bedrooms) Outside of Centre 1,554.35 €
(1,673.77 $)
3,430.19 €
(3,693.74 $)
     +120.7 %
Buy Apartment Price
Madrid Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 421.98 €
(454.40 $)
534.45 €
(575.52 $)
     +26.7 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(256.73 $)
333.90 €
(359.55 $)
     +40.1 %
Salaries And Financing
Madrid Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 2,399.51 €
(2,583.87 $)
3,983.36 €
(4,289.41 $)
     +66.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 6.57      +160.0 %
Last update: May 2024April 2024
Contributors in the past 12 months:530149