Cost of Living Comparison Between Madrid and Granada 

Indices DifferenceInfo
Consumer Prices in Granada are 3.4% lower than in Madrid (without rent)
Consumer Prices Including Rent in Granada are 21.4% lower than in Madrid
Rent Prices in Granada are 53.5% lower than in Madrid
Restaurant Prices in Granada are 7.6% lower than in Madrid
Groceries Prices in Granada are 3.5% lower than in Madrid
Local Purchasing Power in Granada is 10.7% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Granada Edit Difference
Meal, Inexpensive Restaurant 14.00 € 14.02 €      +0.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 50.00 €      -16.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 € 9.00 €      -5.5 %
Domestic Beer (1 pint draught) 3.50 € 3.50 €      0.0 %
Imported Beer (12 oz small bottle) 3.50 € 3.00 €      -14.3 %
Cappuccino (regular) 2.39 € 1.73 €      -27.5 %
Coke/Pepsi (12 oz small bottle) 2.44 € 2.47 €      +1.2 %
Water (12 oz small bottle) 1.59 € 2.51 €      +57.8 %
Markets
Madrid Edit Granada Edit
Milk (regular), (1 gallon) 4.02 € 3.55 €      -11.6 %
Loaf of Fresh White Bread (1 lb) 1.38 € 1.52 €      +10.6 %
Rice (white), (1 lb) 0.66 € 0.48 €      -27.9 %
Eggs (regular) (12) 2.77 € 2.25 €      -18.9 %
Local Cheese (1 lb) 6.06 € 7.71 €      +27.3 %
Chicken Fillets (1 lb) 3.46 € 3.11 €      -10.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 € 5.44 €      -14.0 %
Apples (1 lb) 1.02 € 0.92 €      -10.0 %
Banana (1 lb) 0.82 € 0.80 €      -2.7 %
Oranges (1 lb) 0.80 € 0.73 €      -8.4 %
Tomato (1 lb) 1.04 € 0.98 €      -5.4 %
Potato (1 lb) 0.64 € 0.73 €      +13.0 %
Onion (1 lb) 0.69 € 0.73 €      +6.7 %
Lettuce (1 head) 1.20 € 1.16 €      -2.8 %
Water (1.5 liter bottle) 0.87 € 0.76 €      -13.1 %
Bottle of Wine (Mid-Range) 6.00 € 5.00 €      -16.7 %
Domestic Beer (0.5 liter bottle) 1.22 € 1.11 €      -8.6 %
Imported Beer (12 oz small bottle) 1.76 € 2.03 €      +15.5 %
Cigarettes 20 Pack (Marlboro) 5.65 € 5.00 €      -11.5 %
Transportation
Madrid Edit Granada Edit
One-way Ticket (Local Transport) 1.50 € 1.40 €      -6.7 %
Monthly Pass (Regular Price) 40.00 € 40.00 €      0.0 %
Taxi Start (Normal Tariff) 3.00 € 4.00 €      +33.3 %
Taxi 1 mile (Normal Tariff) 1.93 € 3.22 €      +66.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 20.50 €      -6.8 %
Gasoline (1 gallon) 6.23 € 6.11 €      -2.0 %
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 € 25,666.33 €      -7.1 %
Utilities (Monthly)
Madrid Edit Granada Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.24 € 104.91 €      -26.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 € 20.00 €      +44.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.76 € 36.92 €      +24.1 %
Sports And Leisure
Madrid Edit Granada Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 € 45.83 €      +5.2 %
Tennis Court Rent (1 Hour on Weekend) 9.91 € 11.33 €      +14.3 %
Cinema, International Release, 1 Seat 10.00 € 7.50 €      -25.0 %
Childcare
Madrid Edit Granada Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 € 325.00 €      -33.9 %
International Primary School, Yearly for 1 Child 8,661.90 € 7,100.00 €      -18.0 %
Clothing And Shoes
Madrid Edit Granada Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 € 58.75 €      -14.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.30 € 29.00 €      +2.5 %
1 Pair of Nike Running Shoes (Mid-Range) 76.31 € 66.67 €      -12.6 %
1 Pair of Men Leather Business Shoes 84.43 € 90.00 €      +6.6 %
Rent Per Month
Madrid Edit Granada Edit
Apartment (1 bedroom) in City Centre 1,258.75 € 583.33 €      -53.7 %
Apartment (1 bedroom) Outside of Centre 905.83 € 537.50 €      -40.7 %
Apartment (3 bedrooms) in City Centre 2,154.81 € 900.00 €      -58.2 %
Apartment (3 bedrooms) Outside of Centre 1,554.35 € 710.00 €      -54.3 %
Buy Apartment Price
Madrid Edit Granada Edit
Price per Square Feet to Buy Apartment in City Centre 421.98 € 209.03 €      -50.5 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 € 170.71 €      -28.4 %
Salaries And Financing
Madrid Edit Granada Edit
Average Monthly Net Salary (After Tax) 2,399.51 € 1,685.25 €      -29.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 3.55      +40.4 %
Last update: May 2024March 2024
Contributors in the past 12 months:53036