Cost of Living Comparison Between Istanbul and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 33.3% higher than in Istanbul (without rent) | |
| Consumer Prices Including Rent in Madrid are 44.2% higher than in Istanbul | |
| Rent Prices in Madrid are 69.1% higher than in Istanbul | |
| Restaurant Prices in Madrid are 39.3% higher than in Istanbul | |
| Groceries Prices in Madrid are 38.9% higher than in Istanbul | |
| Local Purchasing Power in Madrid is 133.4% higher than in Istanbul | |
Restaurants | Istanbul Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
300.00 TL (8.68 €) |
483.89 TL (14.00 €) |
+61.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,500.00 TL (43.40 €) |
2,073.80 TL (60.00 €) |
+38.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
225.00 TL (6.51 €) |
311.07 TL (9.00 €) |
+38.3 % |
| Domestic Beer (1 pint draught) |
110.00 TL (3.18 €) |
120.97 TL (3.50 €) |
+10.0 % |
| Imported Beer (12 oz small bottle) |
150.00 TL (4.34 €) |
120.97 TL (3.50 €) |
-19.4 % |
| Cappuccino (regular) |
93.24 TL (2.70 €) |
81.39 TL (2.35 €) |
-12.7 % |
| Coke/Pepsi (12 oz small bottle) |
40.11 TL (1.16 €) |
83.26 TL (2.41 €) |
+107.6 % |
| Water (12 oz small bottle) |
17.51 TL (0.51 €) |
54.90 TL (1.59 €) |
+213.5 % |
Markets | Istanbul Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
140.84 TL (4.07 €) |
138.41 TL (4.00 €) |
-1.7 % |
| Loaf of Fresh White Bread (1 lb) |
17.07 TL (0.49 €) |
47.61 TL (1.38 €) |
+179.0 % |
| Rice (white), (1 lb) |
27.64 TL (0.80 €) |
23.03 TL (0.67 €) |
-16.7 % |
| Eggs (regular) (12) |
68.44 TL (1.98 €) |
95.34 TL (2.76 €) |
+39.3 % |
| Local Cheese (1 lb) |
122.98 TL (3.56 €) |
208.51 TL (6.03 €) |
+69.6 % |
| Chicken Fillets (1 lb) |
81.80 TL (2.37 €) |
119.14 TL (3.45 €) |
+45.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
231.83 TL (6.71 €) |
215.81 TL (6.24 €) |
-6.9 % |
| Apples (1 lb) |
17.67 TL (0.51 €) |
34.98 TL (1.01 €) |
+97.9 % |
| Banana (1 lb) |
26.21 TL (0.76 €) |
27.67 TL (0.80 €) |
+5.6 % |
| Oranges (1 lb) |
13.55 TL (0.39 €) |
26.97 TL (0.78 €) |
+99.1 % |
| Tomato (1 lb) |
18.51 TL (0.54 €) |
35.05 TL (1.01 €) |
+89.3 % |
| Potato (1 lb) |
11.05 TL (0.32 €) |
21.95 TL (0.64 €) |
+98.7 % |
| Onion (1 lb) |
8.33 TL (0.24 €) |
23.07 TL (0.67 €) |
+176.8 % |
| Lettuce (1 head) |
32.06 TL (0.93 €) |
40.64 TL (1.18 €) |
+26.8 % |
| Water (1.5 liter bottle) |
13.25 TL (0.38 €) |
29.34 TL (0.85 €) |
+121.4 % |
| Bottle of Wine (Mid-Range) |
300.00 TL (8.68 €) |
207.38 TL (6.00 €) |
-30.9 % |
| Domestic Beer (0.5 liter bottle) |
58.53 TL (1.69 €) |
40.97 TL (1.19 €) |
-30.0 % |
| Imported Beer (12 oz small bottle) |
83.23 TL (2.41 €) |
60.87 TL (1.76 €) |
-26.9 % |
| Cigarettes 20 Pack (Marlboro) |
59.00 TL (1.71 €) |
194.42 TL (5.62 €) |
+229.5 % |
Transportation | Istanbul Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
17.70 TL (0.51 €) |
51.84 TL (1.50 €) |
+192.9 % |
| Monthly Pass (Regular Price) |
1,388.00 TL (40.16 €) |
1,382.53 TL (40.00 €) |
-0.4 % |
| Taxi Start (Normal Tariff) |
25.00 TL (0.72 €) |
103.69 TL (3.00 €) |
+314.8 % |
| Taxi 1 mile (Normal Tariff) |
28.36 TL (0.82 €) |
66.75 TL (1.93 €) |
+135.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
250.00 TL (7.23 €) |
760.39 TL (22.00 €) |
+204.2 % |
| Gasoline (1 gallon) |
150.61 TL (4.36 €) |
215.33 TL (6.23 €) |
+43.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,374,500.00 TL (39,767.59 €) |
1,153,205.22 TL (33,365.00 €) |
-16.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,409,082.79 TL (40,768.15 €) |
954,629.84 TL (27,619.74 €) |
-32.3 % |
Utilities (Monthly) | Istanbul Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,859.13 TL (53.79 €) |
4,856.00 TL (140.50 €) |
+161.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
268.76 TL (7.78 €) |
476.64 TL (13.79 €) |
+77.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
352.64 TL (10.20 €) |
1,032.46 TL (29.87 €) |
+192.8 % |
Sports And Leisure | Istanbul Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,281.99 TL (37.09 €) |
1,511.14 TL (43.72 €) |
+17.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
429.41 TL (12.42 €) |
353.94 TL (10.24 €) |
-17.6 % |
| Cinema, International Release, 1 Seat |
200.00 TL (5.79 €) |
345.63 TL (10.00 €) |
+72.8 % |
Childcare | Istanbul Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
17,066.50 TL (493.77 €) |
17,025.89 TL (492.60 €) |
-0.2 % |
| International Primary School, Yearly for 1 Child |
362,133.98 TL (10,477.41 €) |
298,972.73 TL (8,650.00 €) |
-17.4 % |
Clothing And Shoes | Istanbul Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,518.99 TL (43.95 €) |
2,385.27 TL (69.01 €) |
+57.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
1,090.80 TL (31.56 €) |
957.57 TL (27.70 €) |
-12.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,842.65 TL (82.24 €) |
2,635.45 TL (76.25 €) |
-7.3 % |
| 1 Pair of Men Leather Business Shoes |
2,565.33 TL (74.22 €) |
2,849.50 TL (82.44 €) |
+11.1 % |
Rent Per Month | Istanbul Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
24,951.58 TL (721.91 €) |
42,874.82 TL (1,240.47 €) |
+71.8 % |
| Apartment (1 bedroom) Outside of Centre |
15,850.45 TL (458.59 €) |
31,024.04 TL (897.60 €) |
+95.7 % |
| Apartment (3 bedrooms) in City Centre |
48,396.18 TL (1,400.22 €) |
73,879.10 TL (2,137.50 €) |
+52.7 % |
| Apartment (3 bedrooms) Outside of Centre |
29,485.88 TL (853.10 €) |
52,948.07 TL (1,531.91 €) |
+79.6 % |
Buy Apartment Price | Istanbul Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
10,011.13 TL (289.65 €) |
14,219.26 TL (411.40 €) |
+42.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
5,237.37 TL (151.53 €) |
8,193.43 TL (237.06 €) |
+56.4 % |
Salaries And Financing | Istanbul Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
25,270.28 TL (731.13 €) |
85,033.72 TL (2,460.23 €) |
+236.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 42.99 | 2.49 | -94.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 1267 | 536 |
Moving to Istanbul? Explore:
Moving to Madrid? Explore:
Cities near Istanbul: | Cost of Living in Esenyurt | 19.48 miles |
| Cost of Living in Kocaeli | 62.63 miles |
| Cost of Living in Bursa | 164.05 miles |
| Cost of Living in Zonguldak | 210.49 miles |
| Cost of Living in Eskisehir | 220.30 miles |
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |