Cost of Living Comparison Between Istanbul and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 25.4% higher than in Istanbul (without rent)
Cost of Living Including Rent in Madrid is 34.9% higher than in Istanbul
Rent Prices in Madrid are 58.4% higher than in Istanbul
Restaurant Prices in Madrid are 25.8% higher than in Istanbul
Groceries Prices in Madrid are 20.8% higher than in Istanbul
Local Purchasing Power in Madrid is 102.5% higher than in Istanbul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Istanbul Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 400.00 TL
(10.87 €)
551.99 TL
(15.00 €)
     +38.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 1,600.00 TL
(43.48 €)
2,207.97 TL
(60.00 €)
     +38.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 280.00 TL
(7.61 €)
367.99 TL
(10.00 €)
     +31.4 %
Domestic Beer (1 pint draught) 140.00 TL
(3.80 €)
128.80 TL
(3.50 €)
     -8.0 %
Imported Beer (12 oz small bottle) 180.00 TL
(4.89 €)
147.20 TL
(4.00 €)
     -18.2 %
Cappuccino (regular) 117.30 TL
(3.19 €)
89.05 TL
(2.42 €)
     -24.1 %
Coke/Pepsi (12 oz small bottle) 49.96 TL
(1.36 €)
97.90 TL
(2.66 €)
     +96.0 %
Water (12 oz small bottle) 17.15 TL
(0.47 €)
62.66 TL
(1.70 €)
     +265.4 %
Markets
Istanbul Edit Madrid Edit
Milk (regular), (1 gallon) 142.62 TL
(3.88 €)
145.97 TL
(3.97 €)
     +2.3 %
Loaf of Fresh White Bread (1 lb) 27.29 TL
(0.74 €)
48.41 TL
(1.32 €)
     +77.4 %
Rice (white), (1 lb) 30.19 TL
(0.82 €)
24.24 TL
(0.66 €)
     -19.7 %
Eggs (regular) (12) 71.62 TL
(1.95 €)
103.48 TL
(2.81 €)
     +44.5 %
Local Cheese (1 lb) 160.46 TL
(4.36 €)
200.85 TL
(5.46 €)
     +25.2 %
Chicken Fillets (1 lb) 93.49 TL
(2.54 €)
127.85 TL
(3.47 €)
     +36.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 309.38 TL
(8.41 €)
232.09 TL
(6.31 €)
     -25.0 %
Apples (1 lb) 20.06 TL
(0.54 €)
37.21 TL
(1.01 €)
     +85.6 %
Banana (1 lb) 34.75 TL
(0.94 €)
31.32 TL
(0.85 €)
     -9.9 %
Oranges (1 lb) 17.52 TL
(0.48 €)
34.51 TL
(0.94 €)
     +97.0 %
Tomato (1 lb) 21.20 TL
(0.58 €)
36.39 TL
(0.99 €)
     +71.7 %
Potato (1 lb) 9.85 TL
(0.27 €)
28.21 TL
(0.77 €)
     +186.3 %
Onion (1 lb) 8.87 TL
(0.24 €)
28.00 TL
(0.76 €)
     +215.7 %
Lettuce (1 head) 34.23 TL
(0.93 €)
44.05 TL
(1.20 €)
     +28.7 %
Water (1.5 liter bottle) 17.08 TL
(0.46 €)
31.84 TL
(0.87 €)
     +86.4 %
Bottle of Wine (Mid-Range) 400.00 TL
(10.87 €)
220.80 TL
(6.00 €)
     -44.8 %
Domestic Beer (0.5 liter bottle) 71.98 TL
(1.96 €)
44.80 TL
(1.22 €)
     -37.8 %
Imported Beer (12 oz small bottle) 99.51 TL
(2.70 €)
71.74 TL
(1.95 €)
     -27.9 %
Cigarettes 20 Pack (Marlboro) 76.00 TL
(2.07 €)
220.80 TL
(6.00 €)
     +190.5 %
Transportation
Istanbul Edit Madrid Edit
One-way Ticket (Local Transport) 20.00 TL
(0.54 €)
55.20 TL
(1.50 €)
     +176.0 %
Monthly Pass (Regular Price) 1,481.66 TL
(40.26 €)
1,471.98 TL
(40.00 €)
     -0.7 %
Taxi Start (Normal Tariff) 30.00 TL
(0.82 €)
128.80 TL
(3.50 €)
     +329.3 %
Taxi 1 mile (Normal Tariff) 32.19 TL
(0.87 €)
76.99 TL
(2.09 €)
     +139.2 %
Taxi 1hour Waiting (Normal Tariff) 250.00 TL
(6.79 €)
919.99 TL
(25.00 €)
     +268.0 %
Gasoline (1 gallon) 165.64 TL
(4.50 €)
230.97 TL
(6.28 €)
     +39.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,500,000.00 TL
(40,761.49 €)
1,221,097.47 TL
(33,182.50 €)
     -18.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,477,205.21 TL
(40,142.05 €)
1,066,155.10 TL
(28,972.05 €)
     -27.8 %
Utilities (Monthly)
Istanbul Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 2,113.86 TL
(57.44 €)
5,984.46 TL
(162.62 €)
     +183.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 382.86 TL
(10.40 €)
529.95 TL
(14.40 €)
     +38.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 455.84 TL
(12.39 €)
1,134.23 TL
(30.82 €)
     +148.8 %
Sports And Leisure
Istanbul Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 1,780.80 TL
(48.39 €)
1,505.09 TL
(40.90 €)
     -15.5 %
Tennis Court Rent (1 Hour on Weekend) 533.88 TL
(14.51 €)
474.08 TL
(12.88 €)
     -11.2 %
Cinema, International Release, 1 Seat 250.00 TL
(6.79 €)
367.99 TL
(10.00 €)
     +47.2 %
Childcare
Istanbul Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 24,085.73 TL
(654.51 €)
19,359.13 TL
(526.07 €)
     -19.6 %
International Primary School, Yearly for 1 Child 602,277.07 TL
(16,366.47 €)
340,060.30 TL
(9,240.91 €)
     -43.5 %
Clothing And Shoes
Istanbul Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 2,009.96 TL
(54.62 €)
3,063.55 TL
(83.25 €)
     +52.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,491.19 TL
(40.52 €)
1,283.42 TL
(34.88 €)
     -13.9 %
1 Pair of Nike Running Shoes (Mid-Range) 3,478.07 TL
(94.51 €)
3,349.67 TL
(91.03 €)
     -3.7 %
1 Pair of Men Leather Business Shoes 3,152.64 TL
(85.67 €)
4,176.18 TL
(113.48 €)
     +32.5 %
Rent Per Month
Istanbul Edit Madrid Edit
Apartment (1 bedroom) in City Centre 32,108.42 TL
(872.52 €)
50,926.75 TL
(1,383.90 €)
     +58.6 %
Apartment (1 bedroom) Outside of Centre 20,158.25 TL
(547.79 €)
36,327.45 TL
(987.17 €)
     +80.2 %
Apartment (3 bedrooms) in City Centre 58,000.00 TL
(1,576.11 €)
84,458.63 TL
(2,295.11 €)
     +45.6 %
Apartment (3 bedrooms) Outside of Centre 34,697.40 TL
(942.88 €)
57,919.12 TL
(1,573.91 €)
     +66.9 %
Buy Apartment Price
Istanbul Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 10,637.31 TL
(289.06 €)
21,190.40 TL
(575.83 €)
     +99.2 %
Price per Square Feet to Buy Apartment Outside of Centre 5,655.94 TL
(153.70 €)
12,888.05 TL
(350.22 €)
     +127.9 %
Salaries And Financing
Istanbul Edit Madrid Edit
Average Monthly Net Salary (After Tax) 29,628.93 TL
(805.15 €)
80,954.76 TL
(2,199.89 €)
     +173.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 47.85 3.55      -92.6 %
Last update: December 2024December 2024
Contributors in the past 12 months:1041441