Cost of Living Comparison Between Istanbul and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 24.5% higher than in Istanbul (excluding rent)
Cost of Living Including Rent in Madrid is 33.1% higher than in Istanbul
Rent Prices in Madrid are 54.6% higher than in Istanbul
Restaurant Prices in Madrid are 31.7% higher than in Istanbul
Groceries Prices in Madrid are 18.6% higher than in Istanbul
Local Purchasing Power in Madrid is 75.8% higher than in Istanbul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Istanbul Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 425.00 TL
(9.80 €)
650.55 TL
(15.00 €)
     +53.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 TL
(46.11 €)
2,602.19 TL
(60.00 €)
     +30.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 300.00 TL
(6.92 €)
433.70 TL
(10.00 €)
     +44.6 %
Domestic Beer (1 pint draught) 150.00 TL
(3.46 €)
151.79 TL
(3.50 €)
     +1.2 %
Imported Beer (12 oz small bottle) 200.00 TL
(4.61 €)
173.48 TL
(4.00 €)
     -13.3 %
Cappuccino (regular) 138.62 TL
(3.20 €)
116.05 TL
(2.68 €)
     -16.3 %
Coke/Pepsi (12 oz small bottle) 51.92 TL
(1.20 €)
116.08 TL
(2.68 €)
     +123.6 %
Water (12 oz small bottle) 18.85 TL
(0.43 €)
79.88 TL
(1.84 €)
     +323.7 %
Markets
Istanbul Edit Madrid Edit
Milk (regular), (1 gallon) 160.09 TL
(3.69 €)
173.49 TL
(4.00 €)
     +8.4 %
Loaf of Fresh White Bread (1 lb) 29.69 TL
(0.68 €)
56.94 TL
(1.31 €)
     +91.8 %
Rice (white), (1 lb) 40.03 TL
(0.92 €)
28.46 TL
(0.66 €)
     -28.9 %
Eggs (regular) (12) 104.85 TL
(2.42 €)
126.28 TL
(2.91 €)
     +20.4 %
Local Cheese (1 lb) 186.96 TL
(4.31 €)
239.45 TL
(5.52 €)
     +28.1 %
Chicken Fillets (1 lb) 119.03 TL
(2.74 €)
153.59 TL
(3.54 €)
     +29.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 361.79 TL
(8.34 €)
276.40 TL
(6.37 €)
     -23.6 %
Apples (1 lb) 26.47 TL
(0.61 €)
43.93 TL
(1.01 €)
     +66.0 %
Banana (1 lb) 39.36 TL
(0.91 €)
36.25 TL
(0.84 €)
     -7.9 %
Oranges (1 lb) 22.93 TL
(0.53 €)
41.68 TL
(0.96 €)
     +81.8 %
Tomato (1 lb) 29.38 TL
(0.68 €)
44.84 TL
(1.03 €)
     +52.6 %
Potato (1 lb) 13.43 TL
(0.31 €)
35.17 TL
(0.81 €)
     +161.8 %
Onion (1 lb) 12.46 TL
(0.29 €)
35.23 TL
(0.81 €)
     +182.7 %
Lettuce (1 head) 46.77 TL
(1.08 €)
48.16 TL
(1.11 €)
     +3.0 %
Water (1.5 liter bottle) 23.85 TL
(0.55 €)
36.61 TL
(0.84 €)
     +53.5 %
Bottle of Wine (Mid-Range) 450.00 TL
(10.38 €)
290.58 TL
(6.70 €)
     -35.4 %
Domestic Beer (0.5 liter bottle) 85.51 TL
(1.97 €)
53.99 TL
(1.24 €)
     -36.9 %
Imported Beer (12 oz small bottle) 123.50 TL
(2.85 €)
83.69 TL
(1.93 €)
     -32.2 %
Cigarettes 20 Pack (Marlboro) 85.00 TL
(1.96 €)
260.22 TL
(6.00 €)
     +206.1 %
Transportation
Istanbul Edit Madrid Edit
One-way Ticket (Local Transport) 27.00 TL
(0.62 €)
65.05 TL
(1.50 €)
     +140.9 %
Monthly Pass (Regular Price) 2,119.50 TL
(48.87 €)
1,470.24 TL
(33.90 €)
     -30.6 %
Taxi Start (Normal Tariff) 42.00 TL
(0.97 €)
151.79 TL
(3.50 €)
     +261.4 %
Taxi 1 mile (Normal Tariff) 45.06 TL
(1.04 €)
90.74 TL
(2.09 €)
     +101.4 %
Taxi 1hour Waiting (Normal Tariff) 349.80 TL
(8.07 €)
1,084.25 TL
(25.00 €)
     +210.0 %
Gasoline (1 gallon) 176.02 TL
(4.06 €)
269.72 TL
(6.22 €)
     +53.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,800,000.00 TL
(41,503.44 €)
1,447,036.67 TL
(33,365.00 €)
     -19.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,643,859.83 TL
(37,903.24 €)
1,268,361.73 TL
(29,245.21 €)
     -22.8 %
Utilities (Monthly)
Istanbul Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 2,900.03 TL
(66.87 €)
6,939.06 TL
(160.00 €)
     +139.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 472.79 TL
(10.90 €)
692.58 TL
(15.97 €)
     +46.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 571.62 TL
(13.18 €)
1,290.00 TL
(29.74 €)
     +125.7 %
Sports And Leisure
Istanbul Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 2,417.39 TL
(55.74 €)
1,813.58 TL
(41.82 €)
     -25.0 %
Tennis Court Rent (1 Hour on Weekend) 775.30 TL
(17.88 €)
640.83 TL
(14.78 €)
     -17.3 %
Cinema, International Release, 1 Seat 300.00 TL
(6.92 €)
433.70 TL
(10.00 €)
     +44.6 %
Childcare
Istanbul Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 37,776.35 TL
(871.03 €)
24,720.84 TL
(570.00 €)
     -34.6 %
International Primary School, Yearly for 1 Child 753,384.40 TL
(17,371.14 €)
441,097.38 TL
(10,170.59 €)
     -41.5 %
Clothing And Shoes
Istanbul Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 2,128.89 TL
(49.09 €)
3,517.45 TL
(81.10 €)
     +65.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,968.12 TL
(45.38 €)
1,574.66 TL
(36.31 €)
     -20.0 %
1 Pair of Nike Running Shoes (Mid-Range) 4,590.91 TL
(105.85 €)
3,978.88 TL
(91.74 €)
     -13.3 %
1 Pair of Men Leather Business Shoes 4,284.38 TL
(98.79 €)
4,826.91 TL
(111.30 €)
     +12.7 %
Rent Per Month
Istanbul Edit Madrid Edit
Apartment (1 bedroom) in City Centre 37,583.32 TL
(866.58 €)
57,448.44 TL
(1,324.62 €)
     +52.9 %
Apartment (1 bedroom) Outside of Centre 24,533.33 TL
(565.68 €)
42,145.90 TL
(971.78 €)
     +71.8 %
Apartment (3 bedrooms) in City Centre 70,193.49 TL
(1,618.48 €)
100,549.69 TL
(2,318.42 €)
     +43.2 %
Apartment (3 bedrooms) Outside of Centre 41,010.57 TL
(945.60 €)
67,770.63 TL
(1,562.62 €)
     +65.3 %
Buy Apartment Price
Istanbul Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 11,140.48 TL
(256.87 €)
26,983.01 TL
(622.16 €)
     +142.2 %
Price per Square Feet to Buy Apartment Outside of Centre 5,349.55 TL
(123.35 €)
16,135.27 TL
(372.04 €)
     +201.6 %
Salaries And Financing
Istanbul Edit Madrid Edit
Average Monthly Net Salary (After Tax) 36,557.69 TL
(842.93 €)
85,584.51 TL
(1,973.36 €)
     +134.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 48.46 3.59      -92.6 %
Last update: May 2025May 2025
Contributors in the past 12 months:839341