Cost of Living Comparison Between Madrid and Alicante 

Indices DifferenceInfo
Consumer Prices in Alicante are 13.6% lower than in Madrid (without rent)
Consumer Prices Including Rent in Alicante are 23.3% lower than in Madrid
Rent Prices in Alicante are 40.6% lower than in Madrid
Restaurant Prices in Alicante are 16.2% lower than in Madrid
Groceries Prices in Alicante are 16.3% lower than in Madrid
Local Purchasing Power in Alicante is 14.0% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Alicante Edit Difference
Meal, Inexpensive Restaurant 14.00 € 13.00 €      -7.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 45.00 €      -25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 € 8.35 €      -12.3 %
Domestic Beer (1 pint draught) 3.50 € 2.75 €      -21.4 %
Imported Beer (12 oz small bottle) 4.00 € 3.50 €      -12.5 %
Cappuccino (regular) 2.43 € 1.89 €      -22.0 %
Coke/Pepsi (12 oz small bottle) 2.50 € 1.70 €      -32.0 %
Water (12 oz small bottle) 1.66 € 1.50 €      -9.9 %
Markets
Madrid Edit Alicante Edit
Milk (regular), (1 gallon) 4.02 € 4.13 €      +2.7 %
Loaf of Fresh White Bread (1 lb) 1.40 € 1.13 €      -19.5 %
Rice (white), (1 lb) 0.67 € 0.56 €      -16.1 %
Eggs (regular) (12) 2.77 € 2.40 €      -13.7 %
Local Cheese (1 lb) 6.22 € 4.44 €      -28.6 %
Chicken Fillets (1 lb) 3.49 € 3.09 €      -11.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.38 € 5.76 €      -9.6 %
Apples (1 lb) 1.03 € 0.81 €      -20.7 %
Banana (1 lb) 0.81 € 0.71 €      -11.9 %
Oranges (1 lb) 0.85 € 0.61 €      -28.5 %
Tomato (1 lb) 1.02 € 0.93 €      -9.4 %
Potato (1 lb) 0.65 € 0.61 €      -6.0 %
Onion (1 lb) 0.68 € 0.44 €      -34.7 %
Lettuce (1 head) 1.19 € 1.00 €      -16.6 %
Water (1.5 liter bottle) 0.86 € 0.61 €      -29.4 %
Bottle of Wine (Mid-Range) 6.00 € 4.13 €      -31.1 %
Domestic Beer (0.5 liter bottle) 1.20 € 0.92 €      -23.6 %
Imported Beer (12 oz small bottle) 1.80 € 1.58 €      -12.0 %
Cigarettes 20 Pack (Marlboro) 5.62 € 5.10 €      -9.3 %
Transportation
Madrid Edit Alicante Edit
One-way Ticket (Local Transport) 1.50 € 1.48 €      -1.0 %
Monthly Pass (Regular Price) 50.00 € 27.50 €      -45.0 %
Taxi Start (Normal Tariff) 3.00 € 1.98 €      -34.2 %
Taxi 1 mile (Normal Tariff) 2.09 € 1.93 €      -7.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 15.00 €      -31.8 %
Gasoline (1 gallon) 6.25 € 6.13 €      -1.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 33,365.00 €      0.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 25,000.00 €      -9.5 %
Utilities (Monthly)
Madrid Edit Alicante Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 147.46 € 122.25 €      -17.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.53 € 18.64 €      +20.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.06 € 30.92 €      -0.5 %
Sports And Leisure
Madrid Edit Alicante Edit
Fitness Club, Monthly Fee for 1 Adult 44.39 € 44.33 €      -0.1 %
Tennis Court Rent (1 Hour on Weekend) 12.33 € 12.25 €      -0.6 %
Cinema, International Release, 1 Seat 10.00 € 7.95 €      -20.5 %
Childcare
Madrid Edit Alicante Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 496.73 € 616.67 €      +24.1 %
International Primary School, Yearly for 1 Child 8,814.29 € 9,392.25 €      +6.6 %
Clothing And Shoes
Madrid Edit Alicante Edit
1 Pair of Jeans (Levis 501 Or Similar) 76.26 € 60.00 €      -21.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.90 € 28.00 €      -9.4 %
1 Pair of Nike Running Shoes (Mid-Range) 79.94 € 75.00 €      -6.2 %
1 Pair of Men Leather Business Shoes 91.17 € 90.83 €      -0.4 %
Rent Per Month
Madrid Edit Alicante Edit
Apartment (1 bedroom) in City Centre 1,290.43 € 858.33 €      -33.5 %
Apartment (1 bedroom) Outside of Centre 935.00 € 603.12 €      -35.5 %
Apartment (3 bedrooms) in City Centre 2,226.60 € 1,323.32 €      -40.6 %
Apartment (3 bedrooms) Outside of Centre 1,620.24 € 824.83 €      -49.1 %
Buy Apartment Price
Madrid Edit Alicante Edit
Price per Square Feet to Buy Apartment in City Centre 449.60 € 251.86 €      -44.0 %
Price per Square Feet to Buy Apartment Outside of Centre 254.27 € 157.93 €      -37.9 %
Salaries And Financing
Madrid Edit Alicante Edit
Average Monthly Net Salary (After Tax) 2,222.19 € 1,465.42 €      -34.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.86 3.58      +25.2 %
Last update: May 2024May 2024
Contributors in the past 12 months:51657