Cost of Living Comparison Between Valencia and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 9.6% higher than in Valencia (without rent)
Consumer Prices Including Rent in Madrid are 16.9% higher than in Valencia
Rent Prices in Madrid are 34.8% higher than in Valencia
Restaurant Prices in Madrid are 7.4% higher than in Valencia
Groceries Prices in Madrid are 0.3% higher than in Valencia
Local Purchasing Power in Madrid is 10.1% higher than in Valencia
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Valencia Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 12.00 € 12.00 €      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 45.00 € 50.00 €      +11.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 8.00 €      0.0 %
Domestic Beer (1 pint draught) 2.50 € 3.50 €      +40.0 %
Imported Beer (12 oz small bottle) 3.00 € 3.50 €      +16.7 %
Cappuccino (regular) 1.89 € 2.15 €      +13.6 %
Coke/Pepsi (12 oz small bottle) 1.69 € 2.35 €      +38.5 %
Water (12 oz small bottle) 1.25 € 1.62 €      +29.4 %
Markets
Valencia Edit Madrid Edit
Milk (regular), (1 gallon) 3.42 € 3.35 €      -2.3 %
Loaf of Fresh White Bread (1 lb) 0.91 € 0.98 €      +7.7 %
Rice (white), (1 lb) 0.53 € 0.56 €      +5.9 %
Eggs (regular) (12) 2.15 € 2.31 €      +7.3 %
Local Cheese (1 lb) 5.38 € 4.78 €      -11.1 %
Chicken Fillets (1 lb) 3.05 € 3.36 €      +10.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.69 € 5.56 €      -2.3 %
Apples (1 lb) 0.89 € 0.95 €      +6.6 %
Banana (1 lb) 0.72 € 0.86 €      +19.9 %
Oranges (1 lb) 0.77 € 0.81 €      +6.1 %
Tomato (1 lb) 0.90 € 0.85 €      -5.2 %
Potato (1 lb) 0.74 € 0.57 €      -22.5 %
Onion (1 lb) 0.71 € 0.61 €      -13.9 %
Lettuce (1 head) 1.04 € 1.03 €      -1.0 %
Water (1.5 liter bottle) 0.58 € 0.69 €      +19.3 %
Bottle of Wine (Mid-Range) 5.00 € 5.50 €      +10.0 %
Domestic Beer (0.5 liter bottle) 0.93 € 0.99 €      +6.7 %
Imported Beer (12 oz small bottle) 1.49 € 1.53 €      +2.7 %
Cigarettes 20 Pack (Marlboro) 5.15 € 5.12 €      -0.5 %
Transportation
Valencia Edit Madrid Edit
One-way Ticket (Local Transport) 1.50 € 1.50 €      0.0 %
Monthly Pass (Regular Price) 30.75 € 54.60 €      +77.6 %
Taxi Start (Normal Tariff) 4.00 € 3.50 €      -12.5 %
Taxi 1 mile (Normal Tariff) 1.61 € 1.77 €      +10.0 %
Taxi 1hour Waiting (Normal Tariff) 27.50 € 22.00 €      -20.0 %
Gasoline (1 gallon) 6.09 € 7.06 €      +15.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 € 25,000.00 €      +25.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,866.67 € 23,563.64 €      +12.9 %
Utilities (Monthly)
Valencia Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 130.18 € 167.13 €      +28.4 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.06 € 0.14 €      +134.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.05 € 33.18 €      +10.4 %
Sports And Leisure
Valencia Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 36.30 € 40.18 €      +10.7 %
Tennis Court Rent (1 Hour on Weekend) 11.54 € 12.09 €      +4.7 %
Cinema, International Release, 1 Seat 8.00 € 9.00 €      +12.5 %
Childcare
Valencia Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 423.75 € 479.38 €      +13.1 %
International Primary School, Yearly for 1 Child 7,519.00 € 8,969.23 €      +19.3 %
Clothing And Shoes
Valencia Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.84 € 72.06 €      +16.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 25.35 € 33.87 €      +33.6 %
1 Pair of Nike Running Shoes (Mid-Range) 68.33 € 75.79 €      +10.9 %
1 Pair of Men Leather Business Shoes 83.33 € 91.19 €      +9.4 %
Rent Per Month
Valencia Edit Madrid Edit
Apartment (1 bedroom) in City Centre 799.21 € 1,026.36 €      +28.4 %
Apartment (1 bedroom) Outside of Centre 568.86 € 791.49 €      +39.1 %
Apartment (3 bedrooms) in City Centre 1,370.69 € 1,759.39 €      +28.4 %
Apartment (3 bedrooms) Outside of Centre 848.00 € 1,258.94 €      +48.5 %
Buy Apartment Price
Valencia Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 245.81 € 501.13 €      +103.9 %
Price per Square Feet to Buy Apartment Outside of Centre 127.75 € 342.31 €      +168.0 %
Salaries And Financing
Valencia Edit Madrid Edit
Average Monthly Net Salary (After Tax) 1,566.92 € 2,017.18 €      +28.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.03 2.42      +19.1 %
Last update: February 2023February 2023
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