Cost of Living Comparison Between Istanbul and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 36.9% higher than in Istanbul (without rent) | |
| Consumer Prices Including Rent in Madrid are 49.2% higher than in Istanbul | |
| Rent Prices in Madrid are 77.7% higher than in Istanbul | |
| Restaurant Prices in Madrid are 48.8% higher than in Istanbul | |
| Groceries Prices in Madrid are 40.9% higher than in Istanbul | |
| Local Purchasing Power in Madrid is 122.2% higher than in Istanbul | |
Restaurants | Istanbul Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
300.00 TL (8.63 €) |
486.72 TL (14.00 €) |
+62.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,300.00 TL (37.39 €) |
2,085.94 TL (60.00 €) |
+60.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
220.00 TL (6.33 €) |
313.76 TL (9.03 €) |
+42.6 % |
| Domestic Beer (1 pint draught) |
100.00 TL (2.88 €) |
121.68 TL (3.50 €) |
+21.7 % |
| Imported Beer (12 oz small bottle) |
150.00 TL (4.31 €) |
128.63 TL (3.70 €) |
-14.2 % |
| Cappuccino (regular) |
92.52 TL (2.66 €) |
82.54 TL (2.37 €) |
-10.8 % |
| Coke/Pepsi (12 oz small bottle) |
38.71 TL (1.11 €) |
85.00 TL (2.44 €) |
+119.6 % |
| Water (12 oz small bottle) |
17.02 TL (0.49 €) |
55.08 TL (1.58 €) |
+223.6 % |
Markets | Istanbul Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
141.14 TL (4.06 €) |
140.03 TL (4.03 €) |
-0.8 % |
| Loaf of Fresh White Bread (1 lb) |
16.16 TL (0.46 €) |
45.98 TL (1.32 €) |
+184.5 % |
| Rice (white), (1 lb) |
26.55 TL (0.76 €) |
22.83 TL (0.66 €) |
-14.0 % |
| Eggs (regular) (12) |
69.04 TL (1.99 €) |
96.63 TL (2.78 €) |
+40.0 % |
| Local Cheese (1 lb) |
121.56 TL (3.50 €) |
203.89 TL (5.86 €) |
+67.7 % |
| Chicken Fillets (1 lb) |
80.57 TL (2.32 €) |
118.76 TL (3.42 €) |
+47.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
228.46 TL (6.57 €) |
214.09 TL (6.16 €) |
-6.3 % |
| Apples (1 lb) |
17.29 TL (0.50 €) |
35.01 TL (1.01 €) |
+102.4 % |
| Banana (1 lb) |
25.57 TL (0.74 €) |
27.85 TL (0.80 €) |
+8.9 % |
| Oranges (1 lb) |
13.86 TL (0.40 €) |
28.29 TL (0.81 €) |
+104.2 % |
| Tomato (1 lb) |
18.38 TL (0.53 €) |
36.08 TL (1.04 €) |
+96.4 % |
| Potato (1 lb) |
10.87 TL (0.31 €) |
21.73 TL (0.62 €) |
+99.9 % |
| Onion (1 lb) |
8.10 TL (0.23 €) |
23.44 TL (0.67 €) |
+189.2 % |
| Lettuce (1 head) |
32.05 TL (0.92 €) |
41.99 TL (1.21 €) |
+31.0 % |
| Water (1.5 liter bottle) |
13.06 TL (0.38 €) |
30.65 TL (0.88 €) |
+134.8 % |
| Bottle of Wine (Mid-Range) |
300.00 TL (8.63 €) |
208.59 TL (6.00 €) |
-30.5 % |
| Domestic Beer (0.5 liter bottle) |
57.09 TL (1.64 €) |
39.80 TL (1.14 €) |
-30.3 % |
| Imported Beer (12 oz small bottle) |
79.46 TL (2.29 €) |
62.70 TL (1.80 €) |
-21.1 % |
| Cigarettes 20 Pack (Marlboro) |
57.25 TL (1.65 €) |
195.56 TL (5.62 €) |
+241.6 % |
Transportation | Istanbul Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
17.70 TL (0.51 €) |
52.15 TL (1.50 €) |
+194.6 % |
| Monthly Pass (Regular Price) |
1,388.00 TL (39.92 €) |
1,390.63 TL (40.00 €) |
+0.2 % |
| Taxi Start (Normal Tariff) |
25.00 TL (0.72 €) |
104.30 TL (3.00 €) |
+317.2 % |
| Taxi 1 mile (Normal Tariff) |
28.36 TL (0.82 €) |
67.14 TL (1.93 €) |
+136.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
250.00 TL (7.19 €) |
764.85 TL (22.00 €) |
+205.9 % |
| Gasoline (1 gallon) |
150.13 TL (4.32 €) |
216.20 TL (6.22 €) |
+44.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,374,000.00 TL (39,521.73 €) |
1,159,956.99 TL (33,365.00 €) |
-15.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,398,970.42 TL (40,239.98 €) |
960,219.00 TL (27,619.74 €) |
-31.4 % |
Utilities (Monthly) | Istanbul Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,818.52 TL (52.31 €) |
4,947.98 TL (142.32 €) |
+172.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
255.29 TL (7.34 €) |
495.99 TL (14.27 €) |
+94.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
342.00 TL (9.84 €) |
1,040.22 TL (29.92 €) |
+204.2 % |
Sports And Leisure | Istanbul Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,298.60 TL (37.35 €) |
1,529.69 TL (44.00 €) |
+17.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
429.41 TL (12.35 €) |
359.77 TL (10.35 €) |
-16.2 % |
| Cinema, International Release, 1 Seat |
190.00 TL (5.47 €) |
347.66 TL (10.00 €) |
+83.0 % |
Childcare | Istanbul Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
16,313.37 TL (469.24 €) |
17,001.76 TL (489.04 €) |
+4.2 % |
| International Primary School, Yearly for 1 Child |
356,381.50 TL (10,250.96 €) |
315,043.30 TL (9,061.90 €) |
-11.6 % |
Clothing And Shoes | Istanbul Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,557.49 TL (44.80 €) |
2,431.86 TL (69.95 €) |
+56.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
1,077.67 TL (31.00 €) |
996.45 TL (28.66 €) |
-7.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,747.92 TL (79.04 €) |
2,670.09 TL (76.80 €) |
-2.8 % |
| 1 Pair of Men Leather Business Shoes |
2,593.95 TL (74.61 €) |
2,963.51 TL (85.24 €) |
+14.2 % |
Rent Per Month | Istanbul Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
24,173.27 TL (695.32 €) |
42,938.78 TL (1,235.09 €) |
+77.6 % |
| Apartment (1 bedroom) Outside of Centre |
15,608.67 TL (448.97 €) |
31,214.13 TL (897.84 €) |
+100.0 % |
| Apartment (3 bedrooms) in City Centre |
46,100.69 TL (1,326.04 €) |
74,809.43 TL (2,151.82 €) |
+62.3 % |
| Apartment (3 bedrooms) Outside of Centre |
28,250.08 TL (812.59 €) |
53,815.86 TL (1,547.96 €) |
+90.5 % |
Buy Apartment Price | Istanbul Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
9,774.58 TL (281.16 €) |
15,040.70 TL (432.63 €) |
+53.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
5,088.39 TL (146.36 €) |
8,508.44 TL (244.74 €) |
+67.2 % |
Salaries And Financing | Istanbul Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
24,560.51 TL (706.46 €) |
81,390.34 TL (2,341.11 €) |
+231.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 40.34 | 2.60 | -93.6 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 1409 | 578 |
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 |