Cost of Living Comparison Between Madrid and Gent 

Indices DifferenceInfo
Consumer Prices in Gent are 22.2% higher than in Madrid (without rent)
Consumer Prices Including Rent in Gent are 3.1% higher than in Madrid
Rent Prices in Gent are 31.6% lower than in Madrid
Restaurant Prices in Gent are 36.2% higher than in Madrid
Groceries Prices in Gent are 17.5% higher than in Madrid
Local Purchasing Power in Gent is 8.3% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Gent Edit Difference
Meal, Inexpensive Restaurant 14.00 € 18.50 €      +32.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 90.00 €      +50.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 9.75 €      +8.3 %
Domestic Beer (1 pint draught) 3.50 € 4.25 €      +21.4 %
Imported Beer (12 oz small bottle) 3.50 € 4.00 €      +14.3 %
Cappuccino (regular) 2.38 € 3.33 €      +40.2 %
Coke/Pepsi (12 oz small bottle) 2.41 € 2.90 €      +20.3 %
Water (12 oz small bottle) 1.57 € 2.53 €      +60.8 %
Markets
Madrid Edit Gent Edit
Milk (regular), (1 gallon) 4.03 € 4.04 €      +0.2 %
Loaf of Fresh White Bread (1 lb) 1.38 € 1.96 €      +42.2 %
Rice (white), (1 lb) 0.66 € 1.04 €      +56.9 %
Eggs (regular) (12) 2.78 € 3.23 €      +16.2 %
Local Cheese (1 lb) 6.06 € 6.62 €      +9.2 %
Chicken Fillets (1 lb) 3.46 € 4.42 €      +27.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 € 6.67 €      +5.5 %
Apples (1 lb) 1.03 € 1.14 €      +11.2 %
Banana (1 lb) 0.82 € 0.78 €      -5.1 %
Oranges (1 lb) 0.81 € 1.20 €      +48.8 %
Tomato (1 lb) 1.03 € 1.27 €      +23.4 %
Potato (1 lb) 0.64 € 0.67 €      +4.9 %
Onion (1 lb) 0.69 € 0.68 €      -1.7 %
Lettuce (1 head) 1.20 € 1.22 €      +2.1 %
Water (1.5 liter bottle) 0.87 € 0.75 €      -14.1 %
Bottle of Wine (Mid-Range) 6.00 € 7.00 €      +16.7 %
Domestic Beer (0.5 liter bottle) 1.22 € 1.59 €      +30.8 %
Imported Beer (12 oz small bottle) 1.76 € 2.20 €      +25.2 %
Cigarettes 20 Pack (Marlboro) 5.65 € 8.25 €      +46.0 %
Transportation
Madrid Edit Gent Edit
One-way Ticket (Local Transport) 1.50 € 2.50 €      +66.7 %
Monthly Pass (Regular Price) 40.00 € 49.50 €      +23.8 %
Taxi Start (Normal Tariff) 3.00 € 9.50 €      +216.7 %
Taxi 1 mile (Normal Tariff) 1.93 € 4.18 €      +116.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 46.00 €      +109.1 %
Gasoline (1 gallon) 6.23 € 6.52 €      +4.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 24,695.00 €      -26.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 24,891.25 €      -9.9 %
Utilities (Monthly)
Madrid Edit Gent Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 141.69 € 185.94 €      +31.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.03 € 19.44 €      +38.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.90 € 46.44 €      +55.3 %
Sports And Leisure
Madrid Edit Gent Edit
Fitness Club, Monthly Fee for 1 Adult 44.05 € 32.62 €      -25.9 %
Tennis Court Rent (1 Hour on Weekend) 10.24 € 11.67 €      +13.9 %
Cinema, International Release, 1 Seat 10.00 € 12.75 €      +27.5 %
Childcare
Madrid Edit Gent Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 492.60 € 533.33 €      +8.3 %
International Primary School, Yearly for 1 Child 8,650.00 € 24,250.00 €      +180.3 %
Clothing And Shoes
Madrid Edit Gent Edit
1 Pair of Jeans (Levis 501 Or Similar) 69.01 € 89.00 €      +29.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.04 € 45.00 €      +60.5 %
1 Pair of Nike Running Shoes (Mid-Range) 76.17 € 90.00 €      +18.2 %
1 Pair of Men Leather Business Shoes 82.44 € 122.86 €      +49.0 %
Rent Per Month
Madrid Edit Gent Edit
Apartment (1 bedroom) in City Centre 1,240.66 € 867.00 €      -30.1 %
Apartment (1 bedroom) Outside of Centre 897.60 € 728.57 €      -18.8 %
Apartment (3 bedrooms) in City Centre 2,129.25 € 1,328.57 €      -37.6 %
Apartment (3 bedrooms) Outside of Centre 1,531.91 € 1,041.43 €      -32.0 %
Buy Apartment Price
Madrid Edit Gent Edit
Price per Square Feet to Buy Apartment in City Centre 414.82 € 372.22 €      -10.3 %
Price per Square Feet to Buy Apartment Outside of Centre 237.34 € 306.95 €      +29.3 %
Salaries And Financing
Madrid Edit Gent Edit
Average Monthly Net Salary (After Tax) 2,448.26 € 2,733.03 €      +11.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.52 3.83      +52.2 %
Last update: May 2024April 2024
Contributors in the past 12 months:53445