Cost of Living Comparison Between Madrid and Valencia 

Indices DifferenceInfo
Consumer Prices in Valencia are 9.1% lower than in Madrid (without rent)
Consumer Prices Including Rent in Valencia are 13.4% lower than in Madrid
Rent Prices in Valencia are 21.2% lower than in Madrid
Restaurant Prices in Valencia are 14.9% lower than in Madrid
Groceries Prices in Valencia are 9.5% lower than in Madrid
Local Purchasing Power in Valencia is 9.4% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Valencia Edit Difference
Meal, Inexpensive Restaurant 14.00 € 12.75 €      -8.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 45.00 €      -25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 10.00 €      +11.1 %
Domestic Beer (1 pint draught) 3.50 € 3.00 €      -14.3 %
Imported Beer (12 oz small bottle) 3.50 € 2.50 €      -28.6 %
Cappuccino (regular) 2.35 € 1.83 €      -22.1 %
Coke/Pepsi (12 oz small bottle) 2.40 € 1.76 €      -26.8 %
Water (12 oz small bottle) 1.55 € 1.41 €      -8.7 %
Markets
Madrid Edit Valencia Edit
Milk (regular), (1 gallon) 4.04 € 3.89 €      -3.7 %
Loaf of Fresh White Bread (1 lb) 1.32 € 0.96 €      -27.5 %
Rice (white), (1 lb) 0.64 € 0.59 €      -8.4 %
Eggs (regular) (12) 2.78 € 2.51 €      -9.6 %
Local Cheese (1 lb) 5.86 € 4.40 €      -25.0 %
Chicken Fillets (1 lb) 3.42 € 3.45 €      +1.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 € 5.50 €      -10.7 %
Apples (1 lb) 1.01 € 0.99 €      -1.6 %
Banana (1 lb) 0.80 € 0.75 €      -6.8 %
Oranges (1 lb) 0.81 € 0.77 €      -5.9 %
Tomato (1 lb) 1.04 € 1.00 €      -3.6 %
Potato (1 lb) 0.62 € 0.72 €      +16.0 %
Onion (1 lb) 0.67 € 0.78 €      +15.3 %
Lettuce (1 head) 1.19 € 1.10 €      -7.5 %
Water (1.5 liter bottle) 0.86 € 0.61 €      -28.9 %
Bottle of Wine (Mid-Range) 6.00 € 5.00 €      -16.7 %
Domestic Beer (0.5 liter bottle) 1.14 € 1.04 €      -9.0 %
Imported Beer (12 oz small bottle) 1.78 € 1.55 €      -12.8 %
Cigarettes 20 Pack (Marlboro) 5.60 € 5.38 €      -4.0 %
Transportation
Madrid Edit Valencia Edit
One-way Ticket (Local Transport) 1.50 € 1.50 €      0.0 %
Monthly Pass (Regular Price) 40.00 € 30.00 €      -25.0 %
Taxi Start (Normal Tariff) 3.00 € 2.20 €      -26.7 %
Taxi 1 mile (Normal Tariff) 1.93 € 1.90 €      -1.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 21.38 €      -2.8 %
Gasoline (1 gallon) 6.21 € 5.99 €      -3.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,182.50 € 29,975.00 €      -9.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,043.06 € 29,642.86 €      +9.6 %
Utilities (Monthly)
Madrid Edit Valencia Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 134.31 € 126.93 €      -5.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.16 € 14.90 €      +5.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.13 € 26.38 €      -9.4 %
Sports And Leisure
Madrid Edit Valencia Edit
Fitness Club, Monthly Fee for 1 Adult 43.72 € 35.50 €      -18.8 %
Tennis Court Rent (1 Hour on Weekend) 9.63 € 11.31 €      +17.4 %
Cinema, International Release, 1 Seat 10.00 € 8.25 €      -17.5 %
Childcare
Madrid Edit Valencia Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 488.60 € 469.62 €      -3.9 %
International Primary School, Yearly for 1 Child 9,115.00 € 9,284.44 €      +1.9 %
Clothing And Shoes
Madrid Edit Valencia Edit
1 Pair of Jeans (Levis 501 Or Similar) 66.35 € 79.44 €      +19.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.94 € 27.70 €      -0.9 %
1 Pair of Nike Running Shoes (Mid-Range) 74.71 € 80.72 €      +8.0 %
1 Pair of Men Leather Business Shoes 82.71 € 86.81 €      +5.0 %
Rent Per Month
Madrid Edit Valencia Edit
Apartment (1 bedroom) in City Centre 1,200.48 € 988.86 €      -17.6 %
Apartment (1 bedroom) Outside of Centre 878.30 € 755.80 €      -13.9 %
Apartment (3 bedrooms) in City Centre 2,101.92 € 1,630.03 €      -22.5 %
Apartment (3 bedrooms) Outside of Centre 1,493.83 € 1,099.42 €      -26.4 %
Buy Apartment Price
Madrid Edit Valencia Edit
Price per Square Feet to Buy Apartment in City Centre 405.40 € 238.55 €      -41.2 %
Price per Square Feet to Buy Apartment Outside of Centre 237.42 € 152.37 €      -35.8 %
Salaries And Financing
Madrid Edit Valencia Edit
Average Monthly Net Salary (After Tax) 2,379.30 € 1,867.43 €      -21.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.55 3.09      +21.1 %
Last update: April 2024April 2024
Contributors in the past 12 months:571206