Cost of Living Comparison Between Istanbul and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 34.2% higher than in Istanbul (excluding rent)
Cost of Living Including Rent in Madrid is 44.8% higher than in Istanbul
Rent Prices in Madrid are 71.6% higher than in Istanbul
Restaurant Prices in Madrid are 32.4% higher than in Istanbul
Groceries Prices in Madrid are 31.3% higher than in Istanbul
Local Purchasing Power in Madrid is 83.0% higher than in Istanbul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Istanbul Edit Madrid Edit Difference
Meal at an Inexpensive Restaurant 500.00 TL
(10.21 €)
746.80 TL
(15.25 €)
     +49.4 %
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 2,100.00 TL
(42.88 €)
2,938.22 TL
(60.00 €)
     +39.9 %
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 400.00 TL
(8.17 €)
501.95 TL
(10.25 €)
     +25.5 %
Domestic Draft Beer (1 Pint) 150.00 TL
(3.06 €)
179.97 TL
(3.67 €)
     +20.0 %
Imported Beer (12 oz Small Bottle) 225.00 TL
(4.59 €)
220.37 TL
(4.50 €)
     -2.1 %
Cappuccino (Regular Size) 157.95 TL
(3.23 €)
137.91 TL
(2.82 €)
     -12.7 %
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 63.56 TL
(1.30 €)
132.56 TL
(2.71 €)
     +108.6 %
Bottled Water (12 oz) 23.04 TL
(0.47 €)
86.70 TL
(1.77 €)
     +276.3 %
Markets
Istanbul Edit Madrid Edit
Milk (Regular, 1 Liter) 44.77 TL
(0.91 €)
50.97 TL
(1.04 €)
     +13.9 %
Fresh White Bread (1 lb Loaf) 27.00 TL
(0.55 €)
65.36 TL
(1.33 €)
     +142.1 %
White Rice (1 lb) 41.55 TL
(0.85 €)
31.88 TL
(0.65 €)
     -23.3 %
Eggs (12, Large Size) 107.88 TL
(2.20 €)
143.45 TL
(2.93 €)
     +33.0 %
Local Cheese (1 lb) 185.82 TL
(3.79 €)
280.70 TL
(5.73 €)
     +51.1 %
Chicken Fillets (1 lb) 118.02 TL
(2.41 €)
168.84 TL
(3.45 €)
     +43.1 %
Beef Round or Equivalent Back Leg Red Meat (1 lb) 384.17 TL
(7.84 €)
341.80 TL
(6.98 €)
     -11.0 %
Apples (1 lb) 33.49 TL
(0.68 €)
48.91 TL
(1.00 €)
     +46.0 %
Bananas (1 lb) 47.48 TL
(0.97 €)
44.99 TL
(0.92 €)
     -5.3 %
Oranges (1 lb) 29.74 TL
(0.61 €)
51.25 TL
(1.05 €)
     +72.3 %
Tomatoes (1 lb) 27.30 TL
(0.56 €)
54.57 TL
(1.11 €)
     +99.9 %
Potatoes (1 lb) 12.89 TL
(0.26 €)
40.01 TL
(0.82 €)
     +210.4 %
Onions (1 lb) 11.81 TL
(0.24 €)
43.04 TL
(0.88 €)
     +264.3 %
Lettuce (1 Head) 41.02 TL
(0.84 €)
54.51 TL
(1.11 €)
     +32.9 %
Bottled Water (50 oz) 23.82 TL
(0.49 €)
41.95 TL
(0.86 €)
     +76.1 %
Bottle of Wine (Mid-Range) 500.00 TL
(10.21 €)
342.79 TL
(7.00 €)
     -31.4 %
Domestic Beer (16.9 oz Bottle) 94.52 TL
(1.93 €)
59.63 TL
(1.22 €)
     -36.9 %
Imported Beer (12 oz Small Bottle) 136.03 TL
(2.78 €)
102.46 TL
(2.09 €)
     -24.7 %
Cigarettes (Pack of 20, Marlboro) 90.00 TL
(1.84 €)
293.82 TL
(6.00 €)
     +226.5 %
Transportation
Istanbul Edit Madrid Edit
One-Way Ticket (Local Transport) 35.00 TL
(0.71 €)
73.46 TL
(1.50 €)
     +109.9 %
Monthly Public Transport Pass (Regular Price) 2,120.00 TL
(43.29 €)
1,762.93 TL
(36.00 €)
     -16.8 %
Taxi Start (Standard Tariff) 45.00 TL
(0.92 €)
171.40 TL
(3.50 €)
     +280.9 %
Taxi 1 mile (Standard Tariff) 45.06 TL
(0.92 €)
102.45 TL
(2.09 €)
     +127.4 %
Taxi 1 Hour Waiting (Standard Tariff) 350.00 TL
(7.15 €)
1,224.26 TL
(25.00 €)
     +249.8 %
Gasoline (1 Liter) 51.51 TL
(1.05 €)
77.68 TL
(1.59 €)
     +50.8 %
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 1,975,000.00 TL
(40,330.48 €)
1,616,023.54 TL
(33,000.00 €)
     -18.2 %
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 1,859,483.87 TL
(37,971.58 €)
1,431,961.58 TL
(29,241.36 €)
     -23.0 %
Utilities (Monthly)
Istanbul Edit Madrid Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 2,976.54 TL
(60.78 €)
8,431.53 TL
(172.18 €)
     +183.3 %
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 465.22 TL
(9.50 €)
829.70 TL
(16.94 €)
     +78.3 %
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 595.63 TL
(12.16 €)
1,456.52 TL
(29.74 €)
     +144.5 %
Sports And Leisure
Istanbul Edit Madrid Edit
Monthly Fitness Club Membership 2,508.33 TL
(51.22 €)
2,171.23 TL
(44.34 €)
     -13.4 %
Tennis Court Rental (1 Hour, Weekend) 752.27 TL
(15.36 €)
691.50 TL
(14.12 €)
     -8.1 %
Cinema Ticket (International Release) 350.00 TL
(7.15 €)
489.70 TL
(10.00 €)
     +39.9 %
Childcare
Istanbul Edit Madrid Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 41,743.63 TL
(852.43 €)
28,736.73 TL
(586.82 €)
     -31.2 %
International Primary School, Annual Tuition per Child 787,712.00 TL
(16,085.47 €)
526,431.91 TL
(10,750.00 €)
     -33.2 %
Clothing And Shoes
Istanbul Edit Madrid Edit
Jeans (Levi's 501 or Similar) 2,158.81 TL
(44.08 €)
4,287.14 TL
(87.55 €)
     +98.6 %
Summer Dress in a Chain Store (e.g. Zara or H&M) 1,908.75 TL
(38.98 €)
1,816.16 TL
(37.09 €)
     -4.9 %
Nike Running Shoes (Mid-Range) 4,603.12 TL
(94.00 €)
4,513.11 TL
(92.16 €)
     -2.0 %
Men's Leather Business Shoes 4,143.55 TL
(84.61 €)
5,308.84 TL
(108.41 €)
     +28.1 %
Rent Per Month
Istanbul Edit Madrid Edit
1 Bedroom Apartment in City Centre 40,600.96 TL
(829.09 €)
65,408.14 TL
(1,335.67 €)
     +61.1 %
1 Bedroom Apartment Outside of City Centre 26,335.84 TL
(537.79 €)
47,813.70 TL
(976.38 €)
     +81.6 %
3 Bedroom Apartment in City Centre 71,294.35 TL
(1,455.87 €)
122,208.19 TL
(2,495.55 €)
     +71.4 %
3 Bedroom Apartment Outside of City Centre 45,231.48 TL
(923.65 €)
79,391.08 TL
(1,621.21 €)
     +75.5 %
Buy Apartment Price
Istanbul Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 11,653.77 TL
(237.98 €)
32,975.74 TL
(673.38 €)
     +183.0 %
Price per Square Feet to Buy Apartment Outside of Centre 5,913.98 TL
(120.77 €)
19,578.50 TL
(399.80 €)
     +231.1 %
Salaries And Financing
Istanbul Edit Madrid Edit
Average Monthly Net Salary (After Tax) 41,641.03 TL
(850.33 €)
110,331.62 TL
(2,253.03 €)
     +165.0 %
Annual Mortgage Interest Rate (20-Year Fixed, in %) 44.72 3.16      -92.9 %
Last update: 11 November 202510 November 2025
Contributors in the past 12 months:731319