Cost of Living Comparison Between Valencia and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 11.5% higher than in Valencia (without rent)
Consumer Prices Including Rent in Madrid are 19.1% higher than in Valencia
Rent Prices in Madrid are 35.5% higher than in Valencia
Restaurant Prices in Madrid are 18.2% higher than in Valencia
Groceries Prices in Madrid are 12.5% higher than in Valencia
Local Purchasing Power in Madrid is 2.6% higher than in Valencia
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Valencia Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 12.75 € 14.00 €      +9.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 45.00 € 60.00 €      +33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 9.53 €      -4.7 %
Domestic Beer (1 pint draught) 3.00 € 3.50 €      +16.7 %
Imported Beer (12 oz small bottle) 2.50 € 3.50 €      +40.0 %
Cappuccino (regular) 1.87 € 2.39 €      +27.5 %
Coke/Pepsi (12 oz small bottle) 1.76 € 2.44 €      +38.4 %
Water (12 oz small bottle) 1.39 € 1.59 €      +14.0 %
Markets
Valencia Edit Madrid Edit
Milk (regular), (1 gallon) 3.89 € 4.02 €      +3.1 %
Loaf of Fresh White Bread (1 lb) 0.96 € 1.38 €      +43.6 %
Rice (white), (1 lb) 0.60 € 0.66 €      +9.8 %
Eggs (regular) (12) 2.54 € 2.77 €      +9.4 %
Local Cheese (1 lb) 4.40 € 6.06 €      +37.8 %
Chicken Fillets (1 lb) 3.40 € 3.46 €      +1.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.50 € 6.33 €      +15.0 %
Apples (1 lb) 1.01 € 1.02 €      +1.5 %
Banana (1 lb) 0.75 € 0.82 €      +9.2 %
Oranges (1 lb) 0.75 € 0.80 €      +6.7 %
Tomato (1 lb) 0.96 € 1.04 €      +8.3 %
Potato (1 lb) 0.72 € 0.64 €      -11.1 %
Onion (1 lb) 0.76 € 0.69 €      -9.5 %
Lettuce (1 head) 1.16 € 1.20 €      +3.2 %
Water (1.5 liter bottle) 0.63 € 0.87 €      +39.2 %
Bottle of Wine (Mid-Range) 5.00 € 6.00 €      +20.0 %
Domestic Beer (0.5 liter bottle) 1.04 € 1.22 €      +16.6 %
Imported Beer (12 oz small bottle) 1.55 € 1.76 €      +13.4 %
Cigarettes 20 Pack (Marlboro) 5.40 € 5.65 €      +4.6 %
Transportation
Valencia Edit Madrid Edit
One-way Ticket (Local Transport) 1.50 € 1.50 €      0.0 %
Monthly Pass (Regular Price) 30.00 € 40.00 €      +33.3 %
Taxi Start (Normal Tariff) 2.25 € 3.00 €      +33.3 %
Taxi 1 mile (Normal Tariff) 1.90 € 1.93 €      +1.7 %
Taxi 1hour Waiting (Normal Tariff) 21.38 € 22.00 €      +2.9 %
Gasoline (1 gallon) 5.99 € 6.23 €      +4.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,975.00 € 33,365.00 €      +11.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,642.86 € 27,619.74 €      -6.8 %
Utilities (Monthly)
Valencia Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 125.76 € 142.24 €      +13.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.70 € 13.88 €      -5.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.38 € 29.76 €      +12.8 %
Sports And Leisure
Valencia Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 35.50 € 43.57 €      +22.7 %
Tennis Court Rent (1 Hour on Weekend) 11.31 € 9.91 €      -12.3 %
Cinema, International Release, 1 Seat 8.50 € 10.00 €      +17.6 %
Childcare
Valencia Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 469.62 € 491.92 €      +4.8 %
International Primary School, Yearly for 1 Child 9,284.44 € 8,661.90 €      -6.7 %
Clothing And Shoes
Valencia Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.44 € 68.75 €      -13.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.26 € 28.30 €      +3.8 %
1 Pair of Nike Running Shoes (Mid-Range) 80.72 € 76.31 €      -5.5 %
1 Pair of Men Leather Business Shoes 89.43 € 84.43 €      -5.6 %
Rent Per Month
Valencia Edit Madrid Edit
Apartment (1 bedroom) in City Centre 966.08 € 1,258.75 €      +30.3 %
Apartment (1 bedroom) Outside of Centre 716.30 € 905.83 €      +26.5 %
Apartment (3 bedrooms) in City Centre 1,600.74 € 2,154.81 €      +34.6 %
Apartment (3 bedrooms) Outside of Centre 1,050.37 € 1,554.35 €      +48.0 %
Buy Apartment Price
Valencia Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 223.07 € 421.98 €      +89.2 %
Price per Square Feet to Buy Apartment Outside of Centre 141.91 € 238.41 €      +68.0 %
Salaries And Financing
Valencia Edit Madrid Edit
Average Monthly Net Salary (After Tax) 1,964.63 € 2,399.51 €      +22.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.91 2.53      -13.1 %
Last update: May 2024May 2024
Contributors in the past 12 months:199530